Bakuchiol Market
The market for Bakuchiol was estimated at $532 million in 2024; it is anticipated to increase to $821 million by 2030, with projections indicating growth to around $1.18 billion by 2035.
Global Bakuchiol Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Bakuchiol industry revenue is expected to be around $572.2 million in 2025 and expected to showcase growth with 7.5% CAGR between 2025 and 2034. The impressive growth in the Bakuchiol market stems from its rising significance in the cosmetology industry, where its gaining momentum as a natural alternative to retinol. Clear consumer preference towards natural and plant-derived products is a prime driver for this market. The increasing research and development efforts in the field of plant-based cosmetic ingredients have also been instrumental in fueling this growth. Bakuchiol strong anti-aging and antioxidant properties, coupled with an excellent safety profile, make it highly appealing to a broad consumer base, underlining its continued relevance in the marketplace.
Bakuchiol is a potent, plant-derived compound, found principally in the psoralea corylifolia plant, the Babchi plant. Purported for several medicinal attributes, its standout role lies in skincare. With clinically proven benefits such as reducing fine lines, wrinkles, and overall signs of photo-aging, it has become a highly sought-after ingredient in skincare formulations.
Market Key Insights
- The Bakuchiol market is projected to grow from $532.3 million in 2024 to $1.10 billion in 2034. This represents a CAGR of 7.5%, reflecting rising demand across Skincare Products, Hair Care Products and Cosmeceuticals.
- Biossance, One Love Organics, Strivectin are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Bakuchiol market and are expected to observe the growth CAGR of 4.9% to 7.2% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 8.6% to 10.3%.
- Transition like Escalation in Green Beauty is expected to add $75 million to the Bakuchiol market growth by 2030.
- The Bakuchiol market is set to add $565 million between 2024 and 2034, with manufacturer targeting Pharma & Natural Health Products Application projected to gain a larger market share.
- With
rising preference for natural ingredients, and
expanding anti-aging segment, Bakuchiol market to expand 106% between 2024 and 2034.
Opportunities in the Bakuchiol
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Rising Preference for Natural Ingredients, and Technological Innovations in Cosmetic Industry
Restraint: Regulatory Compliance
Opportunity: Tapping into Emerging Markets and Strategic Collaborations for Bakuchiol-infused product lines
Challenge: Production Scaling Issues
Supply Chain Landscape
Raw Material Production
Extraction & Purification
Product Manufacturing
Distribution & Sales
Raw Material Production
Extraction & Purification
Product Manufacturing
Distribution & Sales
Use Cases of Bakuchiol in Skincare Products & Hair Care Products
Recent Developments
Bakuchiol, a prominent ingredient in the skincare industry, has witnessed significant recent growth. Derived from the babchi plant, this natural compound is gaining global recognition for its retinol-like effects, offering anti-aging, brightening, and skin-smoothing benefits without the irritation commonly associated with retinol. Its rising popularity reflects a broader consumer shift toward gentle, plant-based, and effective skincare solutions.