The DNA-based skincare market is forecast to grow, according to the DNA Based Skin Care Products Global Market Report 2022 by Research & Markets.

The global DNA-based skin care products market is expected to grow from $5.51 billion in 2021 to $5.99 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The market is expected to reach $7.46 billion in 2026 at a CAGR of 5.7%.

Companies such as Caligenix, for example, a US-based biotech company, are developing skincare products that are matched to a person’s unique genomic DNA.

How? By using AI algorithms, genomic technologies, and diagnostic tests, Research & Markets reports. The company’s Dermatype range is a complete skincare solution that includes product matching, a skin DNA test, and facial analysis powered by AI.

The global DNA-based skin care products market is expected to grow from $5.51 billion in 2021 to $5.99 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The market is expected to reach $7.46 billion in 2026 at a CAGR of 5.7%.

Fueling growth is the increasing demand for health and wellness products, and this demand is expected to propel market growth. A rising interest in living a healthy lifestyle is also a factor, because it improves a person’s appearance and well-being— and the health of the skin is an indicator of a person’s overall health, the report states. 

Technological advancements have emerged as a key trend contributing to growth. Advances in genomic-based wellness brands will continue to fuel market growth, forecasters say.

In March 2021, Invenio Genetics, a US-based not-for-profit health system, partnered with Imagine Labs to bring inclusive genetic risk scores to the US market. Imagine Labs is a Singapore-based genetics analysis platform that creates personalized products according to customers’ DNA analysis.