Bakuchiol is an extract sourced from the Psoralea corylifolia plant. It has been historically used in Ayurvedic and traditional Chinese medicines, though modern science began to delve into its benefits and uses in the early 80s. Its cosmetic viability arose after clinical studies proved that Bakuchiol mirrored retinol’s characteristics when applied on the skin, and so, brands began adopting Bakuchiol into their skincare formulations as a “clean” alternative.
This report contains market size and forecasts of Bakuchiol in global, including the following market information:
Global Bakuchiol Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bakuchiol Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Bakuchiol companies in 2021 (%)
The global Bakuchiol market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
90-95% Purity Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bakuchiol include Cayman Chemical, Sytheon, Chengdu Mansite Bio and Chengdu Biopurify Phytochemicals, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bakuchiol manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bakuchiol Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Bakuchiol Market Segment Percentages, by Type, 2021 (%)
90-95% Purity
95-99% Purity
Global Bakuchiol Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Bakuchiol Market Segment Percentages, by Application, 2021 (%)
Personal Care
Pharmaceutical Industry
Other
Global Bakuchiol Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Bakuchiol Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bakuchiol revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bakuchiol revenues share in global market, 2021 (%)
Key companies Bakuchiol sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Bakuchiol sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cayman Chemical
Sytheon
Chengdu Mansite Bio
Chengdu Biopurify Phytochemicals