Market revenue in 2020 | USD 372.2 million |
Market revenue in 2028 | USD 595.3 million |
Growth rate | 6% (CAGR from 2020 to 2028) |
Largest segment | Creams |
Fastest growing segment | Serums |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Creams, Serums |
Key market players worldwide | The Beauty Health Co Ordinary Shares - Class A, Imagene Labs, EpigenCare, ALLÉL, SkinDNA Clinics, Skinshift, LifeNome Inc. |
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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 dna-based skin care products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 54.3% in 2020. Horizon Databook has segmented the Germany dna-based skin care products market based on creams, serums covering the revenue growth of each sub-segment from 2016 to 2028.
The demand for DNA-based skincare products in Germany is expected to witness steady growth in value over the forecast period, owing to the rising emphasis on self-care and wellness among consumers.
At the macro level, the increasing number of affordable home-DNA test kits with discounts across prominent retail channels has been favoring this market’s growth. As biodynamic farming continues to become more mainstream in Germany, there has been an increased demand for science-backed and healthy skincare products.
In this regard, skincare formulations that replicate the human skin by including medical-grade vitamins, algal molecules, highquality lipids, and synthesized molecules that are naturally found in the skin are likely to gain traction in the country over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany dna-based skin care products market , including forecasts for subscribers. This country databook contains high-level insights into Germany dna-based skin care products market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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