Overview

In the natural cosmetics industry, skincare products typically include natural extracts or selected synthetic compounds that enhance stability, safety, and efficacy. However, these companies face the challenges of maintaining robust supply chains and meeting expectations of environmental protection. Furthermore, natural ingredients rely heavily on natural resources that could cause deforestation and land loss, while chemical synthesis products could be irritating to the skin. Therefore, it inspired us to think about whether there is a way to develop a skincare product that is eco-friendly and gentle.

Our Vision, Mission & Goal

Our Mission

Develop skincare products to address concerns such as inflammatory acne in an eco-friendly way.

Our Vision

Combining GPP synthases from diverse sources with the eudesmol synthase HYP3 to enhance eucalyptol yield in the engineered yeast.

Our Goal

We hope to build up a brand that is environmentally focused in the cosmetic industry. Essentially, we hope to grow into a company that is known for sustainable development and skincare.

Unmet Needs

Nowadays, the global natural cosmetic market is experiencing healthy growth, largely driven by consumer concern over chemical content in cosmetic products and potential effects on skin health. Yet, this trend masks a critical challenge: the industry's reliance on natural extraction often leads to severe environmental costs. The method of using natural extraction not only has low yields but also requires vast land use, leading to deforestation, biodiversity loss, and significant carbon footprints.

Case Study: Bisabolol

Take Bisabolol, as an example – one of the cosmetic industry's most effective ingredients for anti-redness and soothing properties – has been used in a variety of applications. However, extracting 1kg of this natural ingredient would cause around 1–3 trees to be cut down, each of which takes 10–15 years to grow and reach maturity.

🌳
3,000-5,000
Trees per tonne
💧
36,000L
Water per tree
75 MJ
Energy per tree

Reference: Polowyj, 2025

Consequently, the extractive model is not robust for sustainable development. The unmet need in today's cosmetic market is for eco-friendly, sustainable, and effective alternatives that deliver skin benefits without depleting natural resources.

The Solution

Biosynthetic Eucalyptol

Biosynthetic eucalyptol is manufactured through sustainable biotechnology using yeast and will be applied in skin care products such as lotions and face creams.

🎯

Target Action

Precisely addresses skin blemishes, excessive sebum secretion, and acne bacteria.

🌿

Skin Benefits

Targets oily and acne-prone skin by balancing microecology.

♻️

Sustainability

Lower manufacturing costs and minimal environmental impact.

Skills, Capabilities, and Stakeholders

Our Team Advantage

Most of our team members are from the same school, which potentially enhanced our communication efficiency. Considering our identity as high-school students, we agree that finding effective acne skincare products for specific indications is a tricky task. But also being high-school students, we are able to play a role as insiders of acne product users and pinpoint our pain points. In addition, it is convenient to access a school survey that corresponds with the age range of the target customers. Supported by BGI-lab, we can conduct experiments to test the feasibility of our proposed solution, as well as resources to communicate with the BGI skincare product manager.

Stakeholders

A stakeholder matrix based on the relevance and our access to the stakeholders. Select from Industry & Business category, we interviewed with the responsible person for product R&D of BGI skincare, and the sales manager.

BGI Lab
Research Partner
R&D Manager
Product Development
Sales Manager
Market Strategy

Eucaplyn Stakeholder Matrix

Industry & Business
Stakeholders Influence Interests / Expectations Potential Risks / Needs
Cosmetic / Daily Chemical Companies High Raw material supply, product innovation, market expansion Cost control, market competition
Synthetic Biology Companies High Technical collaboration, patent commercialization Competition due to different technical routes
OEM / ODM Factories Medium Contract manufacturing, capacity expansion Quality control risks
Retail / E-commerce Platforms High Listing natural / sustainable products Poor sales may lead to delisting
Branding / Marketing Companies Medium Building market recognition Improper marketing damaging brand reputation
Regulation & Associations
Stakeholders Influence Interests / Expectations Potential Risks / Needs
Government (NMPA, Health Commission, Environmental Bureau) High Product safety, legal compliance Slow approval, regulatory barriers
Industry Associations / Certification Bodies Medium Set standards, certify sustainability Certification costs, entry thresholds
Consumers
Stakeholders Influence Interests / Expectations Potential Risks / Needs
Young Consumers High Natural, skincare, eco-friendly, trendy Loss of trust due to poor efficacy or allergies
Sensitive Skin / Acne-Prone Groups High High safety and efficacy High risk of negative reviews
Beauty Influencers / KOLs / Dermatologists High Recommendations, endorsements, influence Possible negative evaluations
Aromatherapy / Essential Oil Users Medium Relaxation, healing, natural experience Unclear product positioning
Risks & Competitors
Stakeholders Influence Interests / Expectations Potential Risks / Needs
Traditional Eucalyptol Extractors High Market share, interest protection Exclusion or resistance to biotech approaches
Chemical / Synthetic Route Companies High Low-cost competition Technological and price wars
Consumer Rights Organizations Medium Transparency, product safety assurance Legal risks
External Supporters
Stakeholders Influence Interests / Expectations Potential Risks / Needs
Investors / VCs High Investment return, industry prospects Strict investment risk assessment
Startup Incubators / Accelerators Medium Project incubation, market expansion Require clear business plan
Media & Science Communication Platforms Medium Report emerging trends Public opinion risks

Interview

Interview with Mrs. Ye and Mr. Zhao

Interviewees

Mrs. Ye and Mr. Zhao

Key Questions

1. The R&D process of skincare products
2. How to choose the appropriate form of raw material addition (cream, serum, or mask)
3. What industry standards/laws and regulations need to be followed if entering production
4. Product commercialization and promotion

Insights

Safety

  • Safety evaluation, including microbial testing and heavy metal detection.
  • Since the products are on the truck during the selling process (In Eucaplyn 5-year projection Timeline 2028-2029), the temperature can easily reach 40-50 degrees in summer. Conduct stability tests to ensure that the product's activity has no safety issues.
  • After selecting eco-friendly packaging materials, a 1-2 month observation period is needed for stability testing to ensure the compatibility between the packaging and the product.
  • Acne treatment products are best to have control experiments, but absolutely cannot be tested on people under 15 years old.

Core Concept

Because the core concept of Eucaplyn is under Environmental Protection category, everything that is perceivable in the product should be eco-friendly. Packaging, outer packaging design, and even glass bottles can be recycled. The secondary use of makeup boxes prioritizes environmental protection.

Market Strategy

Mrs. Ye pointed out that few companies make use of eucalyptol as an anti-acne product in the skincare market. This is because eucalyptol is usually treated as an independent antibiotic and anti-inflammatory product. If we can apply eucalyptol successfully in the product and verify for efficacy and safety, there is a big chance to differentiate ourselves in the market.

Potential Customers

Having consulted with the Marketing Manager for Skincare Products and considered Eucaplyn's product feature, our team managed to pinpoint core potential customers with specific indications:

🎯
Lightly Matured Acne
🔥
Inflammatory Acne
💧
Sensitive Skin
🌟
Acne-Prone Population

User Analysis

In the questionnaire our team conducted at the 9th iGEM Southern China Regional meeting, more than 73.42% of people are interested in the function of oil control and acne removal.

73.42%
Interested in Oil Control & Acne Removal

See more information about the 9th iGEM Southern China Regional Meeting in Integrated Human Practice..

Market Analysis Framework

Market Analysis

TAM SAM SOM Analysis

By analyzing the Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM), we can better focus on our target market and set plans for Eucaplyn to flourish.

TAM - Total Addressable Market

Global Natural Cosmetic Market

The total accessible market (TAM) for our product is the global natural cosmetic market. This is the total potential market for a product or service.

2025 Market Size
$52.4B
USD
2035 Projection
$95.7B
USD
CAGR (2025-2035)
5.7%
Annual Growth

Source: Future Market Insights

SAM - Serviceable Available Market

Global Natural Skin Care Products Market

The serviceable addressable market (SAM) for our product is the global natural skin care products market. SAM represents the reasonable target market within TAM.

2021 Market Size
$6.7B
USD
2030 Projection
$11.87B
USD
CAGR (2022-2030)
6.6%
Annual Growth

Source: Grand View Research

SOM - Serviceable Obtainable Market

China's Anti-Acne Cosmetics Market

The serviceable obtainable market (SOM) for our product is China's anti-acne cosmetics market. SOM represents the market that can be realistically captured with current capabilities.

2024 Market Size
$795.5M
USD
2030 Projection
$1.43B
USD
CAGR (2025-2030)
11.5%
Annual Growth

Source: Grand View Research

Feasibility, Scalability, and Investiveness

Promising Market

China Anti-acne Cosmetics Market Size

Figure: China Anti-acne Cosmetics Market Size from Grand View Research

Anti-acne products are particularly popular in the Chinese Market. The promising development of this market gives great opportunities for Eucaplyn to grow.

The two largest shares of the market — creams and lotions, and cleaners & toners — are our target feature forms.

Key players, such as Zhejiang Fonow Medicine Co., Ltd., Galderma, Bloomage Biotechnology, and L'Oréal Group, primarily focus on product innovation. For Eucaplyn, it will stand out and earn profit by creating a reputation for conveying the core value of high-tech, eco-friendly products (such as the advancement of biotechnology, the social significance of environmental concepts, and the uniqueness of ingredient efficacy) in the marketing aspect.

Key Players

Bloomage Biotechnology
Bloomage Biotechnology
Galderma
Galderma
Zhejiang Fonow Medicine Co.
Zhejiang Fonow Medicine Co., Ltd.
L'Oréal Group
L'Oréal Group

Eucaplyn's Competitive Advantage

🔬
High-Tech Innovation

Advancement of biotechnology

🌱
Eco-Friendly

Social significance of environmental concepts

Unique Efficacy

Uniqueness of ingredient efficacy

Scalability

Eucaplyn is a company dedicated in developing eco-friendly, sustainable, and cost-effective skincare products. Compared to the current market, most of which are naturally extracted or chemically synthesized, the synthetic biology approach Eucaplyn chooses enables it to differentiate itself through technology innovation, which also brings the advantages of low raw material cost and high yields of production.

The detailed information is in the section Resources and Budgeting of the Business Plan.

Future Potential

Innovative Technology

Eucaplyn distinguishes itself as a pioneer in implementing an eco-friendly production method in the conventional cosmetic industry. The synthesis of eucalyptol leverages a metabolite that naturally exists in yeast. By combining Saccharomyces cerevisiae BY4741 with geranyl pyrophosphate (GPP) synthases from diverse sources and piperonyl acetone synthase HYP3, we have successfully increased the production of eucalyptol in engineered yeast.

Looking ahead, biosynthetic eucalyptol, with its advantages of cost-effectiveness, high yield, and eco-friendliness, lays a solid foundation for Eucaplyn to become a member with development potential in the field of skin care products. At the same time, it highlights the social significance of environmental concepts.

Biosynthetic cosmetic products have the potential to develop into an important direction for the combination of technological advancement and sustainable development in the future cosmetic industry, and Eucaplyn's innovative method and sustainable notion highlight its high investiveness and uniqueness in the market.

SWOT Analysis

Eucaplyn utilizes SWOT analysis in order to identify Strengths, Weaknesses, Opportunities, and Threats to situate its position comprehensively.

Strengths

In the current market, eucalyptol is mostly sold as an independent antibacterial and anti-inflammatory product, which has not been widely incorporated into conventional skincare products such as creams and facial masks. This means Eucaplyn has a differentiable selling point. As mentioned above, the innovative approach of producing eucalyptol is also one of our core strengths.

Weaknesses

Customers with different skin types might misuse the product for treatment, which could negatively affect our customer ratings. Additionally, low public acceptance (if it is the case) of new technologies will limit Eucaplyn's development.

Opportunities

Eucaplyn aims to develop a sustainable and eco-friendly cosmetic brand for solving inflammatory acne. With higher awareness of sustainable development and environmental protection, Eucaplyn can attract more customers within the market.

Threats

For high-technology skincare products, regulatory authorities lack sufficient assessment experience and historical data. In the Chinese cosmetic industry, our final product is required to undergo 7 toxicology tests to evaluate its potential risks.

Business Plan

After considering Eucaplyn's advantages and limitations, a development plan for the brand is an orientative guidance for the brand's further development. Canva Strategic Analysis Board encapsulates our value propositions, detailing customer segments, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.

Canva Strategic Analysis

Eucaplyn's Canva Strategic Analysis Board

Figure 6. Eucaplyn's Canva Strategic Analysis Board

3-Year Milestone

A clear three-year milestone is the foundation for the steady development of Eucaplyn in its later stages. In three years, our team needs to complete the following tasks:

1

Year 1: Foundation

Complete formula R&D and basic safety testing
Establish brand positioning and apply for technical patents
2

Year 2: Validation

Complete efficacy verification and small-scale user testing
Conduct brand promotion (such as Rednote, Instagram, etc.)
3

Year 3: Launch

Launch the first pilot product and enter e-commerce channels
Build a core user base and establish brand reputation

5-Year Timeline

The chart below shows a more specific development timeline for Eucaplyn. During the 5 years, we break milestones into several tasks.

Eucaplyn 5-year projection timeline

Figure 7. Eucaplyn 5-year projection timeline

2025
Foundation
2026
Development
2027
Testing
2028
Launch
2029
Growth

Marketing Strategy

Preparation: Value Foundation and Trust Building

Make a biosynthetic method to produce eucalyptol videos (such as short videos, pictures, and texts, white book) to amplify the advantages of this technology method. This includes eco-friendly production methods, reducing chemical pollution in conventional industries. Through self-media promotion, we prioritize personal IP. Gradually, we shift to releasing information through industry media, beauty science key opinion leaders (KOLs), brand official websites, and other channels to establish a brand perception of technological leadership.

Collaborate with environmental organizations or industry associations to publish the Green Synthetic Technology White Paper for the Cosmetic Industry on the brand's official website.

Enhancing Trust

Carry out phased safety testing. We will record the testing process in the form of a "transparent lab," for example, by updating experimental vlogs and selected test reports in real time on brand social accounts.

Example: conduct microbial testing at the cellular level, heavy metal/hormone testing, accelerated stability studies, animal experiments, human patch tests, etc.

Entrust a third-party authoritative testing institution (such as SGS, BGI group) to conduct a comparison between eucalyptol and currently popular skincare products on the market.

Segmented Marketing for Crowds

Targeting Environmentally Conscious Consumers
  • Launch an activity where buying "1 bottle = donating 1 RMB" to environmental public welfare, collaborate with public welfare platforms to publicize the donation flow (such as for the construction of skincare packaging recycling system).
  • Design limited edition eco-themed packaging (matching recyclable PET bottles, eco-friendly paper boxes), and promote prominently in Rednote or JD.com environmental product specialty areas.
Targeting People with Specific Indications

Conduct a "28-day Cinnamaldehyde Acne Repair Challenge" in collaboration with key opinion leaders (KOLs) in sensitive skin care, focusing on highlighting the contrast in acne treatment effects.

Targeting People Who Emphasize Product Components

Create a long graphic on "Cineole component breakdown". Compare the component structure, mechanism of action, and suitable skin types of cineole with salicylic acid and fruit acid, and post it on ingredient communities (such as Reddit, Zhihu Beauty section). This approach attracted professional customers.

Resources & Budgeting

The R&D budget is counted as one-time spending. The optimization stage is completed after 2-3 rounds, and then it enters the production phase. By gaining stable bacterial strains, the feed reagents needed for large-scale production are just industrial culture medium.

R&D Materials

Material Specifications Price (RMB)
TIANprep Mini Plasmid Kit (DP103-3) 200 preps 800/kit
Frozen EZ Yeast Transformation Kit (T2001) 50 preps 1,050/kit
Gel Extraction Kit (DP209) 50 preps 250/kit
Solabrio YPD Medium (YPD001) ~5 RMB/L 50/bottle
LB Agar (A507002) ~6 RMB/L 40/bottle
SYBR Green I Nucleic Acid Gel Stain (S7563) 100μL 500/bottle
Sage 100g 6.74
Gene Synthesis ~1000 bases(1-2 RMB/base) 1,000-2,000

Industrial Culture Medium in Bulk

Material Minimum Order Price (RMB/kg)
Tryptone ≥2000 kg 15.00
Industrial Yeast Extract Standard industrial fermentation 36.00
Galactose ≥1000 kg 26.00
Glucose - 3.80

Equipment

Lab Renting
150 RMB/m²
per month
Total Area
120 m²
laboratory space
Monthly Cost
18,000 RMB
150 × 120 m²

The budget for reagent consumables in one-time R&D is around 8,000 RMB. If there are multiple optimization rounds (usually estimated as 2-3 times), the price is around 16,000~24,000 RMB.

Marginal Raw Material Cost per Kilogram Produced

In the expansion production phase, we calculate the yield and fermentation rate of eucalyptol and obtain the raw culture medium material weight required to produce 1 kilogram of eucalyptol.

YPD Culture Medium (per 1L):
  • Industrial yeast extract: 10g → 0.01 kg × 36 RMB/kg = 0.36 RMB
  • Tryptone: 20g → 0.02 kg × 15 RMB/kg = 0.30 RMB
  • Galactose: 20g → 0.02 kg × 3.8 RMB/kg = 0.076 RMB
  • Water: 1L
Total = 0.736 RMB/L (culture medium liquid)
Yield Calculation:

• Fermentation rate: 90% (of weight)

• Yield of eucalyptol: 72% (of weight)

• Dry matter = 10g + 20g + 20g = 50g/L medium

Eucalyptol yield = 50g × 0.9 × 0.72 = 32.4 g/L medium

Medium required for 1 kg = 1000g ÷ 32.4 ≈ 30.864 L

Total Raw Material Cost per Kilogram
22.72 RMB
30.864 L × 0.736 RMB/L ≈ 22.716 RMB

Cost Apportionments

Given 10 weeks of optimization (2025/07/21 - 2025/09/29), we calculate the estimate of total cost in the R&D phase.

A. Lab Rent
Monthly rent: 18,000 RMB/month × 2.5 months
= 45,000 RMB
B. Reagents & Consumables
8,000 RMB × 2.5 rounds
= 20,000 RMB
C. Gene Synthesis Cost
1000 fragments
= 1,500 RMB
Total R&D Cost Summary
≈ 66,500 RMB
(A + B + C)

Financial Analysis

Cost allocation per kilogram of eucalyptol - Given the timeline of Eucaplyn's development, we estimate 3 scenarios for different scales of production.

Cost Composition Pilot Scale
(2028-2029)
Medium Industrial
(2029-2030)
Large Industrial
(2035~)
Fermentation Raw Material Cost 22.72 RMB 22.72 RMB 22.72 RMB
R&D Apportionment Cost 66.50 RMB 6.65 RMB 0.67 RMB
Total Cost/kg 89.22 RMB 29.37 RMB 23.39 RMB

As production scales up, the R&D apportionment cost decreases dramatically, making large-scale production highly cost-effective at 23.39 RMB/kg.

Exit Strategy

PRIMARY

Mergers & Acquisitions (M&A)

For Eucaplyn's exit strategy, our team primarily chose Mergers and Acquisitions (M&A). This strategy allows another company to take over our brand while still granting us operational independence to continue developing. Our team chose this method because of the advantage at the stage of scaling up and accessing new distribution channels. This approach would ease fixed equipment costs and reduce the need for constant funding. More importantly, it allows us to focus more on cultivating loyal customers and building a reputation for eco-friendliness and sustainability. In this case, the M&A approach fittingly complements Eucaplyn's core advantage as a start-up company: having a unique technology – a revised production method to enhance eucalyptol yielding.

ALTERNATIVE

Initial Public Offering (IPO)

Another valid exit strategy is an Initial Public Offering (IPO). The advantage of this method is that Eucaplyn can achieve one of our main goals: Grow into an eco-friendly and sustainable green technology skincare brand. In addition, it will be recognized both domestically and internationally and go public independently within 5-10 years. However, this method has high regulatory costs and public scrutiny. Without a powerful management department, Eucaplyn could face the risk of losing control over long-term operations.

Risk Analysis

Eucaplyn considered a few risks that might be involved in the five-year projection Timeline and provided solutions to the risks.

Potential Risks and Solutions

Figure 8. Potential risks and solutions

Positive Long-term Effects

Environmental

By replacing plant extraction with fermentation, the process greatly reduces pressure on forests and farmland. It also saves water and energy, lowering the carbon footprint across production. Over time, this promotes a more sustainable cosmetic supply chain.

Economical

Eucaplyn's approach provides stable yields and predictable costs, helping the company avoid fluctuations in raw material prices. As production scales up, efficiency improves and unit costs decrease. This creates a more resilient and cost-effective operation in the long run.

Product & Consumer Health

Different from conventional natural extraction, biosynthetic provides consistent ingredient purity and reliable performance in every batch, and the controlled process reduces contamination risks. Consumers benefit from safer, more stable skincare products with targeted effects.

Branding

Adopting green biotech strengthens the brand's image as innovative and environmentally responsible. Transparent testing and sustainability claims increase consumer trust. As time progresses, this builds a loyal customer base and attracts eco-conscious partners.

Social

The technology encourages wider adoption of sustainable biotechnology in the cosmetic field. In the long term, it can contribute to both scientific progress and social awareness of sustainability.

References

  1. Future Market Insights. (2024). Natural cosmetics market size, share, and forecast 2025–2035. Future Market Insights. https://www.futuremarketinsights.com/reports/natural-cosmetics-market
  2. Grand View Research. (2022). Natural Skin Care Products Market Size, Share & Trends Analysis Report By Type (Mass, Premium), By Product (Facial Care, Body Care), By End-use (Men, Women), By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2030.
  3. Polowyj, R. (2025, July 6). These common 'natural beauty' ingredients are harming the planet. BBC Science Focus Magazine. Retrieved from the Science Focus website.
  4. Grand View Research. (2025). China Anti-acne Cosmetics Market Size, Share & Trends Analysis Report By Treatment (Creams & Lotions, Cleanser & Toners, Laser And Light Therapies, Chemical Peel), By Gender, By Distribution Channel, And Segment Forecasts, 2025 - 2030.