Latin America Algae Skincare Products Market Size & Outlook
Latin America algae skincare products market, 2018-2030 (US$M)
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Latin America algae skincare products market highlights
- The Latin America algae skincare products market generated a revenue of USD 15.3 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, face serum & oil was the largest revenue generating product in 2023.
- Moisturizers & Creams is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 15.3 million |
| Market revenue in 2030 | USD 26.3 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Face serum & oil |
| Fastest growing segment | Moisturizers & Creams |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cleansers & Toners, Moisturizers & Creams, Face Serum & Oil, Face Masks, Eye & Lip Care Treatments |
| Key market players worldwide | Unilever PLC, AlgEternal Technologies, Algenist, Repechage, Mario Badescu Skin Care, Bioelements, Seaflora Skincare, OSEA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global algae skincare products market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 77.5 million by 2030.
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Algae Skincare Products Market Scope
Algae Skincare Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America algae skincare products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to algae skincare products market will help companies and investors design strategic landscapes.
Face serum & oil was the largest segment with a revenue share of 32.68% in 2023. Horizon Databook has segmented the Latin America algae skincare products market based on cleansers & toners, moisturizers & creams, face serum & oil, face masks, eye & lip care treatments covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of algae skincare products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America algae skincare products market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America algae skincare products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America algae skincare products market report size, by country, 2018-2030 (US$M)
Latin America Algae Skincare Products Market Share, 2023 & 2030 (US$M)
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