Increasing Veganism and Clean Beauty Movement to Drive Bakuchiol Market Growth

Consumers are becoming more aware of the impact of their beauty choices on animals and the environment, which is fuelling the popularity of veganism and the demand for 'clean beauty' products. Bakuchiol, a plant-based alternative to retinol that is claimed to be just as effective at combating wrinkles and fine lines, is one ingredient benefiting from this trend. With more consumers looking to reduce their environmental impact, it's no surprise that veganism is on the rise. As many as 6% of US consumers claim to be vegan, a 500% increase from 1% in 2014. This trend is also visible in the United Kingdom, where the number of people identifying as vegans increased by 360% in 2016 compared to just a decade before. This rise in veganism is having an effect on the beauty industry, as an increasing number of consumers try to obtain out vegan-friendly products. In fact, 32% of American Gen Z are eager to try vegan personal care products.

Bakuchiol Is Gaining Attention as Anti-Aging Solution

A pharmaceutical composition containing bakuchiol or an extract containing bakuchiol is one embodiment of this novel use, which can be in the dosage forms of topical use, oral administration, injection, or sustained release. The invention provides a pharmaceutical composition including bakuchiol as an active component for the prevention or treatment of postmenopausal osteoporosis or breast cancer in women.

It has been used to treat leucoderma, psoriasis and leprosy both topically and internally. Bakuchiol is an option for both protective and restorative anti-aging, so it can be used to combat the first signs of ageing as well as to improve the quality of photodamaged skin. A lotion containing 1% Bakuchiol was tested on 16 volunteers aged 41 to 60 in a clinical study. There was a significant improvement in lines and wrinkles (-20% wrinkle depth), pigmentation, elasticity, firmness, and overall photo-damage after 12 weeks, with no irritation to the skin. Bakuchiol has been shown in clinical studies to be more effective than salicylic acid in reducing acne by 48% after 6 weeks. It may be beneficial to both teenagers with sensitive skin and adults with oily skin.

Recent Trends in the Bakuchiol Industry

  • Bakuchiol emerges as a safer alternative to retinol in skincare.
  • Cosmetic industry's shift towards plant-based ingredients propels bakuchiol market.
  • Formulation innovation drives bakuchiol's popularity in anti-aging products.
  • Incorporation of bakuchiol in vegan skincare products gains momentum.
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Consumers are Enjoying the Retinol Benefits Without the Adverse Effects!

The University of California conducted a double-blind clinical study on 44 volunteers comparing pure Bakuchiol (SytenolTM A) and retinol, both used in a cream at the same concentration (0.5%), according to a study published in the National Center for Biotechnology Information. The two active ingredients performed similarly in terms of photoaging (59% reduction in hyperpigmentation after 12 weeks), based on the study. Bakuchiol, on the other hand, is much better tolerated by the skin, especially when it comes to stinging and desquamation (significant differences in comparison with retinol). UC Davis eventually concluded that bakuchiol could effectively improve the signs of ageing in the skin, and Bakuchiol is one alternative that the skin tolerates better than retinol.

Bakuchi helps in treating a variety of digestive issues due to its remarkable carminative and digestive properties. Reduced gas formation in the alimentary canal due to the anti-flatulent property decreases flatulence, bloating, constipation, and abdominal distension. The herb's antacid properties stop the production of excessive acid in the stomach, treating conditions including indigestion, gastritis, ulcers, and facilitating improved nutritional absorption

Bakuchiol's Initial Use Might Manifest in Side Effects

While bakuchiol is considered a gentler alternative to retinoids, there is still a risk of sensitivity, including redness, dryness or stinging of the skin, especially with initial use. It implies that you can still experience some discomfort until your skin adjusts to bakuchiol.

Sep 16, 2022: Bakuchiol has been added to the Chinese government's list of ingredients that can be used in cosmetics. This measure is intended to increase Chinese manufacturing and exports of Bakuchiol-based products.

February 25, 2022: To better service its clients in the Asia Pacific Region, Sytheon has announced the opening of a new office in Singapore. After opening in February 2022, Sytheon Asia joined the network of international offices that already included France and the US headquarters in New Jersey.
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Asia Pacific Will Continue to Be the Fastest Growing Region, While North America Will Lead the Global Bakuchiol Market

During the forecast period, the Asia-Pacific region is anticipated to be the fastest-growing bakuchiol market. The region's cosmetics industry is expected to increase significantly due to growing disposable income levels and changing consumer lifestyle trends. Furthermore, the existence of a high number of small and medium-sized companies (SMEs) in the haircare and skincare sectors is boosting market growth. North America is projected to be a key bakuchiol market as well. The region's consumers' increased preference for organic and natural cosmetics is fuelling demand for bakuchiol-based products. Furthermore, growing consumer awareness of the advantages of employing plant-derived compounds in cosmetics is driving up sales in the region.
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The report provides a detailed overview of the bakuchiol market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for bakuchiol market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the bakuchiol market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the bakuchiol market. Some key country and region included in the bakuchiol market report as follows:
Regions Countries
North America United States, Canada
Latin America Brazil, Mexico, Argentina, Colombia, Chile, Peru, Rest of Latin America
Europe Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Austria, Sweden, Norway, Denmark, Finland, Ireland, Rest of Europe
Asia Pacific China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Vietnam, Thailand, Rest of Asia Pacific
Middle East and Africa GCC Countries, South Africa, Nigeria, Egypt, Morocco, Algeria, Israel, Iran, Kenya, Turkey, Rest of MEA

Bakuchiol Market Research Report Covers In-depth Analysis on:

  • Bakuchiol market detailed segments and segment-wise market breakdown
  • Bakuchiol market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in bakuchiol industry)
  • Current, historical and forthcoming 10 years market valuation in terms of bakuchiol market size (US$ Mn), volume (Tons), share (%), Y-o-Y growth rate, CAGR (%) analysis
  • Bakuchiol market demand analysis
  • Bakuchiol market pricing analysis over forecast period (by key segment and by region)
  • Bakuchiol market regional insights with region-wise market breakdown
  • Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
  • Latest developments and innovations in bakuchiol market
  • Regulatory landscape by key regions and key countries
  • Supply chain and value chain analysis in bakuchiol market
  • Bakuchiol market sales and distribution strategies
  • A comprehensive overview of parent market
  • A detailed viewpoint on bakuchiol market forecast by countries
  • Mergers and acquisitions in bakuchiol market
  • Essential information to enhance market position
  • Robust research methodology

- Frequently Asked Questions -

What factors are driving the growth of the bakuchiol market?

The bakuchiol market is primarily driven by increasing consumer demand for natural and sustainable skincare ingredients, along with growing awareness of Bakuchiol’s benefits as a plant-based alternative to retinol.

What challenges does the bakuchiol market face?

The bakuchiol market faces challenges such as limited raw material availability and regulatory hurdles. Also, competition from synthetic alternatives and consumer skepticism can impact market growth.

What are the future growth opportunities in the bakuchiol market?

Future growth opportunities in the Bakuchiol market include expanding applications in men’s skincare, broadening product ranges and increasing investment in research to further validate its benefits and safety.