global DNA-based skin care products market size was valued at USD 6.02 billion in 2021 and is expected to reach USD 10.35 Billion by 2030, growing at a CAGR of 6.33% during the forecast period.
Polaris Market Research recently published [115+ Pages] research report on “DNA-based Skin Care Products Market Size, Share & Trends Analysis Report, By Product (Creams, Serums); By Distribution Channel; By Region; Segment Forecasts, 2022 – 2030” in its research database.
The research report estimates that the global DNA-based skin care products market size was valued at USD 6.02 billion in 2021 and is expected to reach USD 10.35 Billion by 2030, growing at a CAGR of 6.33% during the forecast period.
Overview
DNA-based skincare is a formulation of customized skincare based on the DNA of the patient. DNA is done by swabbing saliva from the inside of a person’s cheek to identify the inborn condition. DNA-based skin care products are used to clean the skin, stimulate skin metabolism, secure the skin’s moisture balance, and preserve the skin from damaging ultraviolet radiation.
The leading DNA-based skin care products include creams, serums, and others. The serum is gathered form of an active substance that tackles particular skincare issues. Rising demand for personal care and beauty is expected to propel the DNA-based skin care products market share over the assessment period. Growing preference for spending on beauty and cosmetic solutions is accepted to uplift the industry.
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Key Highlights of the Report
Some of the Top Market Players Are:
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Growth Driving Factors
DNA-based skin care products market demand is rising due to the growing use of e-commerce for buying several consumer goods that include beauty and skin care products. The rising adoption of beauty and wellness products is expected to boost the growth of the DNA-based skin care products industry. The growing frequency of acne and melanomas of the skin is expected to raise the market over the foreseen period.
Furthermore, the growing focus of customers toward purchasing high-quality beauty care products is boosting the industry. Dynamic advertising and promotional campaigns leading players played a considerable role in uplifting the DNA-based skin care products market size. Also, rising evolutions in science and upgrading technology by major market players are predicted to boost the industry over the assessment period.
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Recent Developments
Segmental Analysis
On the basis of product, the creams segment is expected to propel the market over the assessment period. This segment is dominating due to its properties, such as cosmetic benefits, intensely hydrating, and high moisturizing. DNA-based creams focus on the aging process by stifling deep below the skin’s surface, and women in their anti-aging skincare routine majorly utilize these. A special enzyme is there in the cream known as telomerase which aids in protecting the cells from harm and early aging.
Based on the distribution channel, the DNA-based skin care products market segmentations are classified online and offline. Out of both, the offline distribution channel boosts the industry share during the forecast period. The crucial factor accountable for the segment’s dominance is increasing worries the consumers for genetic mapping and testing. Customers are more comfortable testing their genes in clinics than testing kits at home due to their belief that the tests are better and accurate and performed by healthcare professionals and doctors, which aids them in selecting their beauty routines.
DNA-based Skin Care Products Market: Report Scope
| Report Attribute | Details |
| Market Outlook for 2030 | USD 10.35 Billion |
| Market Size 2022 Value | USD 6.33 Billion |
| Expected CAGR Growth | 6.33% from 2022 – 2030 |
| Base Year | 2021 |
| Forecast Year | 2022 – 2030 |
| Top Market Players | EpigenCare, Jinomz, Caligenix, SkinGenie, dnaskin, ALLÉL, Targeted DNA, Imagine Labs, Evergreen Health Solutions Ltd., and SkinDNA, ANAKE, DNA Skin Institute, among others. |
| Segments Covered | By Product, By Distribution Channel, By Region |
| Customization Options | Customized purchase options are available to meet your research needs. Explore customized purchase options |
Geographic Overview
On a geographical basis, the North American region is expected to be considered as the highest DNA-based skin care products market share during the assessment period. The factors responsible for the region’s dominance are the growing number of dermatology practices in the region and the rising popularity of skin and beauty products in countries like the US and Canada. Also, rising acquisitions and investments in dermatological practices are propelling the industry.
Furthermore, Asia-Pacific is anticipated to dominate the industry over the assessment period. The region is predicted to dominate owing to the growing demand for DNA-based beauty products in countries like China, India, and South Korea. Also, leading players in the market are planning to enter the Asian markets, and launching their products is expected to propel the industry.
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Key Questions Answered in The Report Include:
Polaris Market Research has segmented the DNA-based skin care products market report based on product, distribution channel, and region:
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Dec 05, 2022
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