Product Code: PM4167
The global pearl extract market size is expected to reach USD 705.66 million by 2032, according to a new study by Polaris Market Research. The report "Pearl Extract Market Share, Size, Trends, Industry Analysis Report, By Type (Freshwater Pearl Extracts, and Saltwater Pearl Extracts); By Application; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing popularity of pearl extract due to its potential health and skincare benefits, including brightening the skin, derived from pearls, and reducing anxiety and stress, along with the continuous expansion of cosmetics and the beauty industry all over the world, is likely to foster the demand and growth of the global market. Additionally, growing innovations in product formulations and the development of skincare and cosmetic products that contain pearl extract to attract consumers who are looking to cater to emerging beauty trends and opt for effective natural ingredients could also foster market growth in the near future.
For instance, in August 2023, Masktini introduced products with proven results that reduce sensitivity & breakouts, and discoloration and help in premature signs of aging from the sun.
In recent years, there has been a significant increase in the number of innovations in pearl farming techniques, such as the development of sustainable pearl farms and the use of advanced aquaculture practices, which have drastically improved the quality and availability of pearls for pearl extract production, while ensuring a consistent supply of high-quality raw material and maintaining the product standards as per market needs.
Furthermore, as sustainability is becoming a major concern in the beauty and personal care industry, several companies in the market are extensively focusing on ethically sourcing pearls and using environmentally responsible practices in pearl farming, which, in turn, allow them to attract consumers all over the world who are more conscious of the environmental impact of beauty products and looking for products that are being developed with sustainable farming practices.
Pearl Extract Market Report Highlights
The freshwater pearl extracts segment accounted for notable market share, mainly due to its growing popularity due to skin-nourishing and anti-aging properties
The cosmetic and personal care products segment led the industry market on account of a substantial increase in consumer spending and preference toward beauty products
The online segment will grow at a significant growth rate, which is largely attributable emergence of several online shopping platforms offering advantages to consumers globally
Asia Pacific will grow rapidly, primarily due to the adoption of cosmetic and beauty products among the younger generation, with rising discretionary income
North America dominated the global market with a considerable share, owing to the region's higher spending capacity on premium products and growing R&D efforts
The key market players include Kobo Products, Nihon Kolmar, Procter & Gamble, Trilogy International, Symrise, Biospectrum, and Active Concepts
Polaris Market Research has segmented the pearl extract market report based on type, application, distribution channel, and region:
Pearl Extract, Type Outlook (Revenue - USD Million, 2019 - 2032)
- Freshwater Pearl Extracts
- Saltwater Pearl Extracts
Pearl Extract, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Cosmetics and Personal Care Products
- Pharmaceuticals
- Food & Beverages
- Others
Pearl Extract, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)
Pearl Extract, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Pearl Extract Market Insights
- 4.1. Pearl Extract Market - Distribution Channel Snapshot
- 4.2. Pearl Extract Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increased demand for organic and natural ingredients and growing incidences of stress and anxiety likely to spur market growth
- 4.2.1.2. Increasing demand for natural and organic cosmetics
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High production costs and price sensitivity
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Pearl Extract Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Pearl Extract Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 5.3. Cosmetics and Personal Care Products
- 5.3.1. Global Pearl Extract Market, by Cosmetics and Personal Care Products, by Region, 2019-2032 (USD Million)
- 5.4. Pharmaceuticals
- 5.4.1. Global Pearl Extract Market, by Pharmaceuticals, by Region, 2019-2032 (USD Million)
- 5.5. Food & Beverages
- 5.5.1. Global Pearl Extract Market, by Food & Beverages, by Region, 2019-2032 (USD Million)
- 5.6. Others
- 5.6.1. Global Pearl Extract Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Pearl Extract Market, by Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 6.3. Freshwater Pearl Extracts
- 6.3.1. Global Pearl Extract Market, by Freshwater Pearl Extracts, by Region, 2019-2032 (USD Million)
- 6.4. Saltwater Pearl Extracts
- 6.4.1. Global Pearl Extract Market, by Saltwater Pearl Extracts, by Region, 2019-2032 (USD Million)
7. Global Pearl Extract Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.3. Online
- 7.3.1. Global Pearl Extract Market, by Online, By Region, 2019-2032 (USD Million)
- 7.4. Offline
- 7.4.1. Global Pearl Extract Market, by Offline, By Region, 2019-2032 (USD Million)
8. Global Pearl Extract Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Pearl Extract Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Pearl Extract Market - North America
- 8.3.1. North America: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.3.2. North America: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.3.3. North America: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.3.4. Pearl Extract Market - U.S.
- 8.3.4.1. U.S.: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.3.5. Pearl Extract Market - Canada
- 8.3.5.1. Canada: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4. Pearl Extract Market - Europe
- 8.4.1. Europe: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.2. Europe.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.3. Europe: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.4. Pearl Extract Market - UK
- 8.4.4.1. UK: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.4.3. UK: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.5. Pearl Extract Market - France
- 8.4.5.1. France: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.5.2. France.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.5.3. France: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.6. Pearl Extract Market - Germany
- 8.4.6.1. Germany: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.7. Pearl Extract Market - Italy
- 8.4.7.1. Italy: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.8. Pearl Extract Market - Spain
- 8.4.8.1. Spain: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.9. Pearl Extract Market - Netherlands
- 8.4.9.1. Netherlands: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.4.10. Pearl Extract Market - Russia
- 8.4.10.1. Russia: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5. Pearl Extract Market - Asia Pacific
- 8.5.1. Asia Pacific: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5.4. Pearl Extract Market - China
- 8.5.4.1. China: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.4.2. China.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.4.3. China: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5.5. Pearl Extract Market - India
- 8.5.5.1. India: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.5.2. India.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.5.3. India: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5.6. Pearl Extract Market - Malaysia
- 8.5.6.1. Malaysia: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5.7. Pearl Extract Market - Japan
- 8.5.7.1. Japan: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5.8. Pearl Extract Market - Indonesia
- 8.5.8.1. Indonesia: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.5.9. Pearl Extract Market - South Korea
- 8.5.9.1. South Korea: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.6. Pearl Extract Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.6.4. Pearl Extract Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.6.5. Pearl Extract Market - UAE
- 8.6.5.1. UAE: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.6.6. Pearl Extract Market - Israel
- 8.6.6.1. Israel: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.6.7. Pearl Extract Market - South Africa
- 8.6.7.1. South Africa: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.7. Pearl Extract Market - Latin America
- 8.7.1. Latin America: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.3. Latin America: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.7.4. Pearl Extract Market - Mexico
- 8.7.4.1. Mexico: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.7.5. Pearl Extract Market - Brazil
- 8.7.5.1. Brazil: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Pearl Extract Market, by Type, 2019-2032 (USD Million)
- 8.7.6. Pearl Extract Market - Argentina
- 8.7.6.1. Argentina: Pearl Extract Market, by Application, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Pearl Extract Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Pearl Extract Market, by Type, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Active Concepts LLC
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Azelis Americas LLC
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. BASF SE
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Biophilia Co. Ltd.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Biospectrum Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Croda Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Givaudan SA
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Kobo Products Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. L'Oreal S.A.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Nagase & Co. Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Natura Biotechnol
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Nihon Kolmar Co. Ltd.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Procter & Gamble Co.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Symrise AG
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Trilogy International Limited
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. United Chemical Compnay
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development