DNA-based skin care products market is anticipated to grow at a CAGR of 6.0% during the forecast period. Rising consumer spending on skin care products has facilitated steady growth within the overall personal care industry. This trend is particularly pronounced in the young millennial demographic which is driven by a desire to slow down or reduce the signs of aging. Constant marketing, advertising activities and campaign, and promotions by the key players is expected to further facilitate the trend and attract mass consumers. For instance, in February 2018, EpigenCare Inc. introduced a brand new marketing channel to connect consumers with skincare companies. Adding on, advancements in biotechnology are driving the global DNA-based skin care product market demand.
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The growing establishment of start-ups across the globe is another primary factor driving the growth of the market. For instance, in 2017, Caligenix Inc, a start-up company offer products based on the DNA and RNA biomarker test. Adding on in May 2020, the company raised its first funding round and raised $720,000 funding amount, which in turn drive the overall DNA-based skincare market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global DNA-based Skin Care Products Market by Products Type
- Creams
- Serums
- Others (Gels and Oils)
Global DNA-based Skin Care Products Market by Distribution Channel
- Online
- Offline
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Pimagene Labs Pvt. Ltd.
- Caligenix Inc.
- Epigencare Inc.
- The Skindna Company Pty Ltd
- Skinshift
- Anake
- Genetic Beauty, Llc
- Dna Skin Institute
- Lifenome Inc
- Allure
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global DNA-based skin care products market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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