AI in Cosmetics Formulation Market to Reach $1.6 Billion by 2030

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global AI in cosmetics formulation market is projected to grow from $0.58 billion in 2025 to $1.6 billion by 2030, at a compound annual growth rate of 22.3%. This growth is driven by rising demand for personalized skincare, advanced data-driven techniques, and rapid product development. Key players include BASF SE, Unilever PLC, and L'Oreal S.A., with North America leading in market size and Asia-Pacific expected to be the fastest-growing region. Innovations such as Nouryon's AI-powered BeautyCreations portal and strategic moves like The Estee Lauder Companies' acquisition of DECIEM Beauty Group highlight industry trends toward enhanced personalization and efficiency.

Impact on stocks 5

Consumer Staples · 4 stocks
Estee Lauder Companies Inc
EL
▲ PositiveDemandTechnologyrelevance

Mentioned as a key player in the AI cosmetics formulation market, which is projected to grow strongly.

LOréal S.A.
OR
▲ PositiveDemandrelevance

Listed as a key player in the growing AI cosmetics formulation market.

Unilever PLC
UNLYD
▲ PositiveDemandrelevance

Listed as a key player in the growing AI cosmetics formulation market.

Materials · 1 stocks
BASF SE
BAS
▲ PositiveDemandrelevance

Listed as a key player in the growing AI cosmetics formulation market.

Off-coverage companies 1

DECIEM Beauty GroupPrivate▲ Positive
Capitalrelevance

Acquired by Estee Lauder, highlighting industry trend toward personalization.