PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786848
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786848
The bakuchiol market size is expected to reach USD 78.38 Billion by 2034, according to a new study by Polaris Market Research. The report "Bakuchiol Market Share, Size, Trends, Industry Analysis Report: By Form (Oil-Based, Cream-Based, Serum-Based, Plant-Based), By Type, By Application, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Bakuchiol is a plant-derived cosmetic active increasingly used as a natural alternative to retinol in skincare products. It is extracted from the seeds of the Psoralea corylifolia plant and offers anti-aging, anti-inflammatory and antioxidant properties without the irritation commonly associated with synthetic retinoids. Bakuchiol is used in serums, creams, and facial oils across skincare and haircare applications.
Market growth is primarily driven by rising consumer preference for natural and vegan-certified skincare products, due to growing incidence of skin sensitivity and retinol intolerance and expanding demand for clean-label and multifunctional actives across the global personal care industry.
Based on form, the serum-based segment dominated the market in 2024, supported by its lightweight texture, fast absorption and compatibility with high-potency formulations targeting anti-aging and tone correction.
In terms of type, the natural segment dominated the market in 2024, owing to its clean-label appeal, proven safety, and compliance with sustainability-focused consumer expectations.
Based on application, the haircare segment is expected to grow at the fastest rate over the forecast period, driven by increasing demand for gentle, plant-based scalp care ingredients in premium product lines.
North America accounted for the majority share of the global bakuchiol market in 2024, due to strong demand for retinol alternatives, increasing penetration of clean beauty brands and robust regulatory standards for ingredient transparency.
Asia Pacific held significant market share, driven by the expansion of e-commerce skincare platforms, rising disposable income and regional interest in botanical and ayurvedic skincare.
A few global key market players include Sabinsa Corporation, Shenzhen Winkey Technology Co., Ltd., Cayman Chemical, Unigen, Shanghai Tauto Biotech Co, Vijay impex, SA Herbal Bioactives LLP, Lotioncrafter, BIOWAY, Plamed Group, Swiss Chemie International, Promois International Limited, Texas Natural supply, Sophix Natural, Xi'an Yanhao Bio-Tech Co., Ltd., and Sytheon Ltd.
Polaris Market Research has segmented the market report on the basis of form, product, end user, and region:
By Form Outlook (Revenue, USD Billion, 2020-2034)
Oil-based
Cream-based
Serum-based
Plant-based
By Type Outlook (Revenue, USD Billion, 2020-2034)
Natural
Semi-Synthetic
Completely Synthetic
By Application Channel Outlook (Revenue, USD Billion, 2020-2034)
Skincare Products
Anti-aging Creams
Serums
Moisturizers
Acne Treatments
Haircare Products
Scalp Serums
Anti-hair fall Products
Pharmaceuticals
Dermatological Ointments
Prescription Topicals
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America