Brazil Microbiome Skincare Products Market Size & Outlook
Brazil microbiome skincare products market, 2018-2030 (US$M)
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Brazil microbiome skincare products market highlights
- The Brazil microbiome skincare products market generated a revenue of USD 9.4 million in 2023 and is expected to reach USD 17.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Creams is the most lucrative product segment registering the fastest growth during the forecast period.
Microbiome skincare products market data book summary
| Market revenue in 2023 | USD 9.4 million |
| Market revenue in 2030 | USD 17.3 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Creams |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serums, Creams, Masks |
| Key market players worldwide | L'Oreal SA, Unilever PLC, BioGaia AB Class B, AMOREPACIFIC, Amyris, Missha, Eminence Organics, Aveeno, Elizabeth Arden, Glowbiotics, Gallinée |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global microbiome skincare products market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil microbiome skincare products market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 17.3 million by 2030.
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Microbiome Skincare Products Market Scope
Microbiome Skincare Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil microbiome 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 microbiome skincare products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 40.43% in 2023. Horizon Databook has segmented the Brazil microbiome skincare products market based on serums, creams, masks covering the revenue growth of each sub-segment from 2018 to 2030.
According to L’Oréal, Brazil is extremely important for the company’s strategy, and it plans to launch innovations focusing on consumer needs in this country. Strong cultural and ethnic diversity, acceptance of new products, and increasing aesthetic awareness are expected to propel market growth.
Brazil is a rapidly urbanizing country about 86.82% of the population lives in cities, as of 2019. This has brought about several lifestyle changes and technological adoptions in the country. Increasing middle-class population, growing disposable income, and improving economic stability are expected to boost market growth.
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Target buyers of Brazil microbiome skincare products market databook
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Our clientele includes a mix of microbiome skincare products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil microbiome skincare products market , including forecasts for subscribers. This country databook contains high-level insights into Brazil microbiome skincare products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil microbiome skincare products market size, by product, 2018-2030 (US$M)
Brazil Microbiome Skincare Products Market Outlook Share, 2023 & 2030 (US$M)
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