Anti-aging market is set for a CAGR of 5.5% over the next decade to reach US$109.8 billion in 2023
\nBioxyne subsidiary Breathe Life Sciences develops skincare for every skin type, with an emphasis on anti-aging
\nAnagenics has an anti-aging hair care line marketed under brand name \u00e9volis and harnessing its patented plant-based FGF5 inhibitor<\/p>\n
Humans for centuries have hunted for the elusive \u201celixir of youth\u201d.\u00a0 The pursuit and scientific developments have led to a thriving industry, with ASX companies playing a significant role.<\/p>\n
While some turn to traditional and herbal remedies passed down through generations, others look to modern advancements, investing in skincare, cosmetic procedures, and wellness regimes in the hope of anti-aging benefits.<\/p>\n
The quest for the \u201celixir of youth\u201d, a desire to maintain youthful skin, reduce wrinkles, and combat the signs of aging, is seeing high demand.<\/p>\n
A CAGR of 5.5% between the years 2023 and 2033 is forecast for anti-aging products, services, and devices with the global market valued at ~US$59 billion in 2022.<\/p>\n
Future Market Insights (FMI)<\/a> anticipates substantial revenue growth in the anti-aging market, with forecasts suggesting an increase from US$64 billion in 2023 to a staggering US$109.8 billion by 2033.<\/p>\n Here\u2019s some of the ASX companies we\u2019ve noticed working to help us stay more youthful and in the process benefit from rising demand for anti-aging products and services.<\/p>\n \u00a0<\/p>\n Life sciences and health products company BXN\u00a0 is the parent company of Breathe Life Sciences Group, a leading sponsor of medicinal cannabis in Australia supplying cultivators, manufacturers, pharmacies and patients nationwide.<\/p>\n The Breathe Life Sciences Group (BLS), which includes the trademarked Dr Watson brand,\u00a0 was acquired by BXN in May 2023 and is a 100% wholly owned subsidiary.<\/p>\n Director of sales for beauty and skincare Stephanie Cowan told Stockhead BLS has focused on developing skincare that works for every skin type, really putting a spotlight on healthier anti-aging solutions.<\/p>\n \u201cWe wanted people to feel confident in their skin and care more about the health of it rather than focusing on social media pressures around beauty standards,\u201d Cowan says<\/p>\n \u201cWe\u2019ve teamed up with large high street brands to help them create unique CBD products as well as offer a wide range of white label products with a high level of CBD to ensure fast, effective results for all skin types.\u201d<\/p>\n Cowan says CBD is a game-changer for aging skin \u2013 hydrating, reducing inflammation, and combating oxidative stress.<\/p>\n \u201cThe multifunctional approach of CBD contributes not only to a healthier complexion but also to a more resilient and youthful appearance over time \u2013 it\u2019s like a one-stop-shop for a healthier and more youthful glow,\u201d she says.<\/p>\n Cowan says their top selling product for anti-aging is the High Strength Balm, with 1.5% CBD combined with niacinamide.<\/p>\n \u201cIt\u2019s an effective anti-inflammatory cream, many users report experiencing overnight benefits for issues like spots and skin irritation,\u201d\u00a0she says.<\/p>\n \u00a0<\/p>\n AN1 is a beauty, health and wellness company specialising in a diverse array of clinically proven anti-aging beauty and wellness solutions, either developed internally or curated from global brands.<\/p>\n Operating through its wholly-owned subsidiary BLC Cosmetics Pty Ltd,\u00a0 managing director and CEO Scott Greasley told Stockhead <\/em>AN1 is dedicated to the development, production, and global marketing of anti-aging products.<\/p>\n \u201cOur premier anti-aging hair care line, marketed under the name \u00e9volis, boasts a strong presence in key markets such as Australia, Japan, the US, and China,\u201d he says.<\/p>\n Greasley says \u00e9volis harnesses the company\u2019s unique, patented, plant based FGF5 inhibitor technology to improve hair growth and quality, while preventing hair loss.<\/p>\n Furthermore, BLC Cosmetics serves as a distributor for a variety of esteemed local and international skincare and wellness brands.<\/p>\n Its flagship anti-aging brands include:<\/p>\n Hydropeptide, harnessing unique peptide-driven epigenetic anti-aging technology \u00a0<\/p>\n EZZ is focusing its genomic research and product development to isolate and unpack four key areas including:<\/p>\n genetic longevity EZZ offers health supplements, health food and probiotics as well as skincare products under two brands, EZZ and EAORON respectively.<\/p>\n The company\u2019s products are sold nationally as well as in New Zealand, Singapore, China and Southeast Asia. China has become a particularly important market for EZZ, which has a strong e-commerce presence in the country.<\/p>\n EZZ reported strong FY23 results including revenue growth of 147.3% year on year to $37.1 million.<\/p>\n There was also a significant expansion in gross margins to 76.8% from 50.0% in the previous year, which resulted in EBITDA of $4.8 million, a sharp increase of 172.5% from FY22.<\/p>\n EZZ chairman Glenn Cross says longevity and anti-aging is proving a particularly important sector to the company.<\/p>\n \u201cThe anti-ageing market is experiencing exponential growth, driven by an ageing global population increasingly cognisant of the benefits of cutting-edge treatments and technologies,\u201d he says.<\/p>\n He says EZZ is at the forefront of this burgeoning market leveraging advanced research collaborations, notably with the Auckland University of Technology, to explore the potential of Nicotinamide Mononucleotide (NMN) and Nicotinamide Adenine Dinucleotide (NAD+).<\/p>\n \u201cThese compounds, found in every cell of our body, play a vital role in cellular energy production and DNA repair,\u201d Cross says.<\/p>\n \u201cThey are instrumental in cellular energy production and DNA repair, offering promising avenues for enhancing cellular energy, promoting DNA integrity, regulating metabolic functions, and potentially providing neuroprotection.<\/p>\n \u201cEZZ recognises the profound impact of these breakthroughs and is strategically positioning itself to harness their significant potential.\u201d<\/p>\n Currently the TGA has not approved any NMN products for domestic consumption within Australia as a food additive with Australian consumers currently only able to legally purchase limited quantities of NMN from overseas under the Personal Importation Scheme.<\/p>\n The TGA has approved EZZ\u2019s NMN 500,000 for export only and the primary export market for this product is currently mainland China. A number of NAD+ supplements have been approved for domestic consumption by the TGA, including EZZ\u2019s Daily Energy & Wellbeing, which contains NAD+.<\/p>\n \u201cThe global shift towards increased information availability has played a pivotal role in the rising awareness of the benefits associated with anti-ageing treatments.<\/p>\n \u201cEZZ acknowledges this trend and is committed to developing products that align with consumer preferences, drawing inspiration from cutting-edge research in the rapidly evolving field of anti-ageing.<\/p>\n \u201cAs the company embraces the rapid developments in anti-ageing research, EZZ is poised to not only meet but exceed consumer expectations with innovative and scientifically-backed products.\u201d<\/p>\n \u00a0<\/p>\n \ufeff<\/span><\/span><\/span>\u00a0<\/p>\n \u00a0<\/p>\n At Stockhead, we tell it like it is. While Bioxyne and EZZ Life Science are Stockhead advertisers, they did not sponsor this article.<\/em><\/p>\n <\/span><\/p>\n The post The ASX stocks hoping to profit from the endless search for an \u2018elixir of youth\u2019<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bioxyne (ASX:BXN)<\/strong><\/a><\/h2>\n
Anagenics (ASX:AN1)<\/strong><\/a><\/h2>\n
\nPriori, with its proprietary DNA repair enzyme complex
\nThalgo, a prestige spa brand that leans into the French spa tradition, while targeting skin concerns at various ages with proven actives sourced from the sea.<\/p>\nEZZ Life Science (ASX:EZZ)<\/strong><\/a><\/h2>\n
\nhuman papillomavirus (some 80% of sexually active adults have it)
\nchildren\u2019s health
\nweight management<\/p>\nThe BXN, AN1, EZZ share price today:<\/h2>\n\n