DNA Based Skin Care Products Global Market to Reach $7.46 Billion by 2026 at a 5.7% CAGR

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Oct 27, 2022, 06:45 ET

DUBLIN, Oct. 27, 2022 /PRNewswire/ -- The "DNA Based Skin Care Products Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global DNA-based skin care products market is expected to grow from $5.51 billion in 2021 to $5.99 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The market is expected to reach $7.46 billion in 2026 at a CAGR of 5.7%.

North America was the largest region in the DNA based skin care products market in 2021. 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.

The increasing demand for health and wellness products is expected to propel the growth of the DNA-based skin care products market going forward. Living a healthy lifestyle improves a person's appearance and well-being, and the health of the skin is an indicator of a person's overall health.

Using wellness care products in your daily routine helps in maintaining hygiene and helps in the prevention of catching and spreading germs and diseases. For example, in 2021, according to a live mint poll, more than 60% of consumers said they bought more health and wellness products, such as prescriptions and other wellness products. Therefore, increasing expenditure on health and wellness products is driving the growth of the DNA-based skin care products market.

Technological advancements have emerged as the key trend gaining popularity in the DNA-based skin care products market. Major players operating in the DNA-based skin care products sector are focused on launching new technologies for market growth.

For instance, Caligenix, a US-based NextGen precision health biotech company, launched genomic-based wellness brands named Dermatype and Biotyp. By using AI (artificial intelligence) algorithms, genomic technologies, and diagnostic tests, they are matched to people's unique genomic DNA. Dermatype is a complete skincare solution that includes product matching, a skin DNA test, and facial analysis powered by AI.

In March 2021, Invenio Genetics, a US-based not-for-profit health system, partnered with Imagine Labs for an undisclosed amount. The aim of the partnership is to bring inclusive genetic risk scores to the US market. Imagine Labs is a Singapore-based genetics analysis platform that creates personalized products according to customers' DNA analysis.

Scope
Markets Covered:

1) By Product Type: Serum; Cream; Other Product Types
2) By End User: Home User; Wellness Clinics
3) By Distribution Channel: Online; Offline

Key Topics Covered:

1. Executive Summary

2. DNA Based Skin Care Products Market Characteristics

3. DNA Based Skin Care Products Market Trends And Strategies

4. Impact Of COVID-19 On DNA Based Skin Care Products

5. DNA Based Skin Care Products Market Size And Growth

6. DNA Based Skin Care Products Market Segmentation

7. DNA Based Skin Care Products Market Regional And Country Analysis

8. Asia-Pacific DNA Based Skin Care Products Market

9. China DNA Based Skin Care Products Market

10. India DNA Based Skin Care Products Market

11. Japan DNA Based Skin Care Products Market

12. Australia DNA Based Skin Care Products Market

13. Indonesia DNA Based Skin Care Products Market

14. South Korea DNA Based Skin Care Products Market

15. Western Europe DNA Based Skin Care Products Market

16. UK DNA Based Skin Care Products Market

17. Germany DNA Based Skin Care Products Market

18. France DNA Based Skin Care Products Market

19. Eastern Europe DNA Based Skin Care Products Market

20. Russia DNA Based Skin Care Products Market

21. North America DNA Based Skin Care Products Market

22. USA DNA Based Skin Care Products Market

23. South America DNA Based Skin Care Products Market

24. Brazil DNA Based Skin Care Products Market

25. Middle East DNA Based Skin Care Products Market

26. Africa DNA Based Skin Care Products Market

27. DNA Based Skin Care Products Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The DNA Based Skin Care Products Market

29. DNA Based Skin Care Products Market Future Outlook and Potential Analysis

30. Appendix

Companies Mentioned