The latest market report published by Credence Research, Inc. “Global Plant Stem Cell Market for Cosmetics – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,” the plant stem cell market for cosmetics was valued at USD 1,668.8 Mn in 2015, and is expected to reach USD 4,830.8 Mn by 2022, expanding at a CAGR of 15.9% from 2016 to 2022.
For the purpose of this study, the global plant stem cell market comprises detail profiles of leading plant stem cell-based cosmetic products. The attributes covered in these product profiles comprises type of stem cells used, manufacturer name, price, source of extracts, product availability, available product variants, distribution, and key health benefits.
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Plant extracts and plant parts such as fruits, glower, leaves, stems, roots, etc. are well known in cosmetic and pharmaceutical applications since ages. Application of plant and plant extracts in cosmetics is widespread and these products are used for purposes such as whitening, tanning, moisturizing, washings, etc. with recent research and introduction of plant and human stem cell products, their potential as a vital source of human tissue renewal. Normally, human skin renews itself constantly and protects the body against injury, infection and dehydration. Aging of stem cells results in decreased healing capacity and heightened degeneration of skin tissues. Hence, protection and support of stem cells is vital.
Companies are increasingly creating products with plant stem cells which when used topically help in protecting skin stem cells from aging. Preference for developing skin-care products based on plant-derived stem cells is on the rise, based on the potential of stem cells to develop into different cell types in the body. Currently several types of plant stem cell extracts are available for application in cosmetics; however, the research predominantly has been focused on three namely lilac, Swiss apple and grape. The components found in these plants have been demonstrated to be a significant source of phyto stem cells. Grape seed is the most widely and longest observed botanical in the field of plant stem cells. The key players observed in plant stem cell cosmetics market are intelligent nutrients, Mibelle Group, MyChelle Dermaceuticals, and Juice Beauty.
The plant stem cell market for cosmetics has been geographically categorized into major regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. Market size and forecast for these segments during 2013 to 2022 and their CAGRs for the period 2016 to 2022 are provided in this report.
The major key players profiled in the plant stem market are on the basis of various characteristics such as business description, financial health and budget allocation, product portfolio, and news coverage. The key players profiled in this report are Mibelle Group, L’Oreal S.A., Estee Lauder, Inc., MyChelle Dermaceuticals, Juice Beauty, and Intelligent Nutrients.
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Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Plant Stem Cell buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Plant Stem Cell contains:
Analysis and forecast of Plant Stem Cell market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Plant Stem Cell market;
Assessment and forecast of Plant Stem Cell market development;
Financial and business profiles of the leading companies in the Plant Stem Cell industry.
– Up to date working Plant Stem Cell data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Plant Stem Cell for the period 2018 to 2026
– Planned Plant Stem Cell additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Plant Stem Cell projects by region, key countries, and companies
– Details of major planned Plant Stem Cell projects in the world up to 2026
[The report is originally published on Credence Research Inc.]
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