Global DNA Based Skin Care Products market segments 2024, Forecast To 2033
30 Jan, 2024
The DNA-based skincare products market has demonstrated robust growth, expanding from $6.5 billion in 2023 to $7.01 billion in 2024, with a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period is credited to heightened skin health awareness, the prevalence of dermatological conditions, an aging population, increased aesthetic and cosmetic procedures, and advancements in skin cancer diagnostics. Foreseeing strong growth in the upcoming years, the market is projected to reach $9.48 billion in 2028, boasting a CAGR of 7.9%. The growth in the forecast period can be linked to minimally invasive treatments, the rise of medical tourism, expansion in emerging markets, and increased research and development activities. Major trends in the forecast period encompass DNA testing kits, innovative anti-aging solutions, anti-inflammatory formulations, gene expression analysis, and the development of innovative delivery systems.
Global DNA Based Skin Care Products Market Key Driver
The DNA-based skin care products market is experiencing growth due to the increasing demand for health and wellness products. A live mint poll in 2021 indicated that over 60% of consumers purchased more health and wellness products. The emphasis on a healthy lifestyle contributes to the growing expenditure on DNA-based skin care products, driving market growth.
Get A Free Sample Of The Global DNA Based Skin Care Products Market ReportGlobal DNA Based Skin Care Products Market Segments
The global dna based skin care products market covered in this report is segmented –
1) By Product Type: Serum, Cream, Other Product Types
2) By End User: Home User, Wellness Clinics
3) By Distribution Channel: Online, Offline
By Geography: The regions covered in the DNA Based Skin Care Products market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North Americawas the largest region in the DNA based skin care products market in 2023. Asia-Pacificis expected to be the fastest-growing region in the DNA based skin care products market during the forecast period. The regions covered in the dna based skin care products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major DNA Based Skin Care Products Industry Players
Targeted DNA, Caligenix Inc., EpigenCare Inc., Allele Biotechnology and Pharmaceuticals Inc., SkinDNA, SkinShift, Anake DNA, Genetic Beauty, DNA Skin Institute, LifeNome Inc., Evergreen Health Solutions Ltd., SkinGenie Pvt Ltd., Imagine Labs Pvt Ltd., Organic Bath Co., Gene skin, Innovation Institute LLC, Biotype Biotech Pvt Ltd., Dermatype, The Biomimicry Institute, SkinCeuticals, SkinMedica, Obagi Medical Products, Johnson & Johnson Services Inc., Bioelements, Oriflame India Private Ltd., Nu Skin Enterprises Inc., Deoxyhemoglobin Vasodilato, Neova Solutions Private Ltd.
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DNA Based Skin Care Products Market Overview
DNA skincare products use information gathered from the person’s genetic makeup to prescribe the products, which helps in knowing the adverse effects of routine to counteract. These skincare products recommend remedies based on information acquired from genetic composition, as well as a routine to combat any negative consequences. The DNA-based skincare products are used to clean the skin, preserve the moisture balance of the skin, stimulate skin metabolism, and protect the skin from harmful ultraviolet radiation.
DNA Based Skin Care Products Global Market Report 2023 provides data on the global dna based skin care products market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The dna based skin care products market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.