Neurocosmetics Market Size To Reach $3.15 Billion By 2030

Neurocosmetics Market Growth & Trends

The global neurocosmetics market size is expected to reach USD 3.15 billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The neurocosmetics sector is witnessing significant growth, driven largely by advancements in neurotechnology. Innovations in neuroscience and neurobiology have facilitated the creation of products that enhance cognitive functions, improve mood, and support overall mental health. The integration of neuroimaging and brainwave research into cosmetic formulations has resulted in more advanced products with increased efficacy and tailored skincare solutions. As neurotechnology progresses, the market is poised for further expansion, fueled by rising consumer demand for products that combine both cosmetic and therapeutic benefits.

Consumer awareness regarding cognitive health and its influence on overall well-being has markedly contributed to the growth of the market. With a heightened emphasis on mental wellness, consumers are increasingly seeking products that address issues such as stress, anxiety, and cognitive decline. Neurocosmetics, which offer advantages beyond conventional skincare, are gaining popularity as consumers place equal importance on mental health and physical appearance. This shift in consumer priorities is driving market growth, prompting companies to innovate and introduce products that meet this emerging demand.

The neurocosmetics industry is experiencing increased investment and a surge in research and development (R&D) efforts, which is further accelerating market expansion. Both established companies and emerging startups are dedicating substantial resources to the exploration and development of neuroactive ingredients and technologies. This boost in investment is stimulating innovation and facilitating the launch of advanced products into the market.

In April 2024, Symrise AG launched Flowerconcentrole, a neurocosmetic-inspired ingredient designed to enhance mood through skincare. Developed with Symrise’s proprietary Actimood technology, which is described as a mood-activating scent design, Flowerconcentrole harnessed the neurocosmetic advantages of plant extracts to promote positive emotions such as relaxation, well-being, protection, joy, and freshness. The product was intended to enable skincare brands to offer comprehensive care that integrates wellness with a sensory experience. Enhanced R&D initiatives are anticipated to bring forth new neurocosmetic solutions, broadening the range of available products and driving future market growth.

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Neurocosmetics Market Report Highlights

• In 2023, neurocosmetic skincare products commanded the largest market share. This demand was primarily driven by a growing consumer focus on products that deliver both aesthetic and neurobiological benefits. Neurocosmetics, which address the interaction between the skin and the nervous system, are gaining traction due to their dual promise of improving skin appearance and enhancing psychological well-being through stress reduction and relaxation. The segment’s expansion is further supported by increasing consumer awareness of the interplay between mental health and skin health, advancements in dermatological research linking neurobiology with skincare, and a rising interest in comprehensive and multifunctional beauty solutions.

• The rising demand for neurocosmetic products among women is notable as they seek skincare solutions that offer more than traditional benefits, including improvements in neurological and emotional well-being. Women are increasingly drawn to neurocosmetics for their ability to address stress, uplift mood, and support cognitive health, all while providing visible skin enhancements. This shift reflects a broader trend towards holistic beauty solutions that align with overall wellness goals, thereby driving innovation and growth within the neurocosmetics sector specifically tailored for female consumers.

• The European market is anticipated to experience robust growth in the coming years. European consumers are increasingly prioritizing products that blend efficacy with ethical attributes such as sustainability and clinical validation. The market benefits from stringent regulatory standards, which bolster consumer trust in the efficacy and safety of neurocosmetic products. Furthermore, Europe's long-standing tradition of integrating scientific advancements into skincare, coupled with its focus on personalized beauty solutions, continues to drive the expansion of the neurocosmetics market.

Neurocosmetics Market Segmentation

Grand View Research has segmented the global neurocosmetics market based on the product, end use, and region:

Neurocosmetics Product Outlook (USD Million, 2018 - 2030)

• Skin Care

  • Face Skin Care

    • Lotions, Face Creams, & Moisturizers

    • Cleansers & Face Wash

    • Facial Serums & Essence

    • Others (Face Oil, etc.)

  • Body Skin Care

• Bath & Shower

• Hair Care

  • Shampoo and Conditioner

  • Oils and Serums

  • Others (Hair Masks, etc.)

• Color Cosmetics

• Perfumes/Fragrances

Neurocosmetics End Use Outlook (USD Million, 2018 - 2030)

• Men

• Women

Neurocosmetics Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in Neurocosmetics  Market

• LUKSO Neurocosmetics

• Justhuman

• GINGER & ME

• Algenist Skincare

• ARKANA neurocosmetics

• Sisley Cosmetics USA Inc.

• L'Oréal Group

• Estée Lauder Companies Inc.

• SkinSoul Cosmetics

• Amyris, Inc.