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  The bakuchiol industry is projected to grow to a value of US$ 16.36 million by 2033. The  bakuchiol market size  is anticipated to reach a value of US$ 8.80 million by 2023 and record a significant CAGR of 6.4% from 2023 to 2033. The primary reason for accelerating the bakuchiol industry is the rising demand for it as a safe, natural substitute for retinoids. The growth of the pharmaceutical and cosmetics sectors in emerging nations has increased the demand for bakuchiol. Demand from Consumers for Natural and Plant-based Ingredients is Rising Customers are favoring natural and plant-based skincare products more and more. Retinol, frequently used in skin care products but can irritate the skin, has a natural substitute called bakuchiol, made from the babchi plant’s seeds. The demand for bakuchiol has increased as consumers become more interested in natural and plant-based skincare products. An Increase in Interest in Ethical and Sustainable Beauty Consumers are...

Bakuchiol is a natural compound derived from the seeds of the babchi plant. It is often referred to as a natural alternative to retinol, offering similar skincare benefits without the potential side effects. Bakuchiol is known for its anti-aging properties, promoting collagen production, reducing wrinkles, and improving skin texture. Additionally, it possesses antioxidant and anti-inflammatory properties, making it a popular ingredient in skincare products. As per the recent research conducted by a leading market insights provider FMI, the global Bakuchiol market will expand at a healthy CAGR over the forecast period between 2023 and 2033. The aim of this study is to analyze key market dynamics affecting the sales of Bakuchiol and provide vital insights to business owners to get benefited from forthcoming opportunities. The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for ...