Bakuchiol is a natural active ingredient extracted from the seeds of the Babchi plant. The plant has long been used in traditional Chinese medicine and Ayurveda as a remedy for a variety of skin problems. For skin blemishes, for example, the plant extracts have a strong antibacterial property - in other words, they effectively eliminate harmful bacteria.
Bakuchiol accounts for only 1.3% of the global personal care ingredients market (estimated at $10.3 billion). A figure that is expected to grow rapidly over the next 12-24 months.
North America is the main consumer of Bakuchiol products, accounting for around 43.5% of the global market share.
Bakuchiol is part of the antioxidant skin care metatrend
The market for anti-aging ingredients is estimated at over USD 1.14 billion. By 2027, this market will reach USD 1.5 billion (CAGR of 7.5%).
Antioxidant ingredients account for the largest market share (around 34%).
While the cosmetic antioxidants market is expected to reach $158 million by 2025 (5.9% CAGR).
Bakuchiol Whitelabel Cosmetics
Want to develop cosmetics with Bakuchiol for your brand or looking for Babchi whitelabel cosmetics? Contact us for a free initial consultation.