Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global DNA-based Skin Care Products Market Size is Estimated to Grow from USD 6.76 Billion in 2023 to USD 12.53 Billion by 2033, Growing at a CAGR of 6.37% during the forecast period 2023-2033.
Browse key industry insights spread across 215 pages with 110 Market data tables and figures & charts from the report on the Global DNA-based Skin Care Products Market Size, Share, and COVID-19 Impact Analysis, By Product (Serums, Creams, and Others), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The market for goods that are tailored to an individual's genetic composition is known as the DNA-based skin care products market. The increasing incidence of skin disorders including atopic dermatitis and acne, as well as the growing demand for customized skincare products, are some of the reasons for the growth. Furthermore, the development of these products has been made easier by developments in genetics and biotechnology, increasing their efficacy and accessibility. Additionally, rising consumer expenditure on wellness and health items is anticipated to fuel market expansion. The demand for premium skincare products with noticeable advantages is rising as more consumers spend money on their personal care routines. In addition, this industry's product development and customer involvement are probably going to be improved by the continuous developments in DNA testing technology. It is anticipated that more customers will choose customized skincare products based on their genetic composition as testing becomes more accessible and reasonably priced. However, insufficient knowledge of DNA-based skincare has hampered the market.
The creams segment held the largest share of 50.28% in 2023 and is estimated to grow at a CAGR of 5.78% throughout the projection period.
Based on the product, the global DNA-based skin care products market is categorized into serums, creams, and others. Among these, the creams segment held the largest share of 50.28% in 2023 and is estimated to grow at a CAGR of 5.78% throughout the projection period. Creams are a staple in many skincare regimens because of their widespread popularity, anti-aging properties, and capacity to protect against environmental harm. Their luxurious formulas frequently contain healthy components that address a range of skin types and ailments, including retinol, hyaluronic acid, and vitamins.
The offline segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the global DNA-based skin care products market is divided into online and offline. Among these, the offline segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Since customers prefer to buy skincare products in physical stores, they receive individualized guidance and recommendations from knowledgeable staff. Customers are more confident when buying DNA-based skincare products because of this in-person engagement, even though they frequently need more explanations about their uses and advantages.
North America is expected to hold the largest share of the global DNA-based skin care products market through the forecast period.
North America is expected to hold the largest share of the global DNA-based skin care products market through the forecast period. The market is driven mainly because of the great demand and significant purchasing power of consumers for customized skincare products. Growing knowledge of the advantages of using DNA analysis to create efficient skincare routines has led North American consumers to seek out products designed to address particular skin issues. The competitive environment created by the large number of well-known companies and creative startups in this sector also promotes marketing and product development initiatives.
Asia Pacific is predicted to grow at the fastest CAGR of the global DNA-based skin care products market over the forecast period. The demand for skincare solutions that target specific skin issues based on genetic composition is growing as customers learn about the advantages of using DNA analysis to customize skincare routines. Additionally, the adoption of these products among young people is anticipated to be positively impacted by social media and beauty influencers that promote customized skincare trends.
Company Profiling
Major key players in the global DNA-based skin care products market include IMAGINE LABS PTE. LTD., The Skin DNA, Caligenix, Inc., EpigenCare Inc., Evergreen Life Ltd., SKINSHIFT, DNA Skin Institute, Anake., RGR Pharma Ltd., LifeNome Inc., and others.
Recent Developments
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global DNA-based skin care products market based on the below-mentioned segments:
Global DNA-based Skin Care Products Market, By Product
Global DNA-based Skin Care Products Market, By Distribution Channel
Global DNA-based Skin Care Products Market, By Regional Analysis
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