The skin microbiome market will rocket up to $1,950.38 million by 2029, up from $699.27 million in 2021, representing a CAGR of 13.68% during the forecast period 2022 to 2029.
This is according to Data Bridge Market Research’s new report, ‘Global Skin Microbiome Market’, which mentions South African certified organic company, Esse Skincare, as one of the major players in the market. Other brands to feature on the list include Elizabeth Arden, L’Oréal; La Roche-Posay and AmorePacifc, among many others.
The report points out that microbiome research on the skin aims to better understand the body's largest organ by revealing how a host organism evolves in association with its diverse collection of fungi, bacteria, archaea, and viruses, characterising the immune system and diagnosing illnesses, and investigating disease etiologies.
“The introduction of high-throughput sequencing has substantially increased our understanding of the skin microbiome and its health consequences. Humans, for example, are now known to be colonised by skin microbial populations that are connected to food, age and the specific body location examined. These baseline data are critical for determining how the skin's microbiota affects skin health and disease,” states the Data Bridge Market Research report.
It further states that the factors which are projected to boost market growth are microbiome skincare products’ capacity to protect the skin from harmful organisms. Other factors, such as their ability to control skin pH, create essential skin nutrients and lipids, and make skin seem healthier and more resilient will propel the market forward.
Furthermore, increasing technical advancements and the introduction of new customised goods derived from natural ingredients are some of the key drivers predicted to drive market growth throughout the forecast period. The skin microbiota has been identified as a stimulating therapeutic approach in skin illnesses, including psoriasis and acne vulgaris. (Source: https://www.databridgemarketresearch.com/reports/global-skin-microbiome-market)