Global Nutricosmetics Market Size By Ingredients (Vitamins, Carotenoids), By Application (Haircare, Skincare), By Geographic Scope And Forecast

Nutricosmetics Market Size And Forecast

Nutricosmetics Market size was valued at USD 7.46 Billion in 2022 and is projected to reach USD 14.02 Billion by 2030, growing at a CAGR of 8.20% from 2023 to 2030.

The demand for nutricosmetics is increasing, driven by several factors such as a growing interest in wellness and self-care, a desire for natural and sustainable beauty products, and the increasing popularity of non-invasive cosmetic treatments. The Global Nutricosmetics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Nutricosmetics Market Definition

Nutricosmetics refer to dietary supplements or functional foods that are formulated with specific nutrients, such as vitamins, minerals, antioxidants, and bioactive compounds, with the aim of improving skin health, hair growth, and nail strength. They are often marketed as a way to enhance one’s appearance by providing nutrients that support healthy skin, hair, and nails. Some popular examples of nutricosmetics include collagen supplements, which are designed to support healthy skin and joints, and supplements containing biotin, which is believed to support healthy hair and nails.

Other nutricosmetics may contain antioxidants like vitamins C and E, which help to protect the skin from damage caused by free radicals. Nutricosmetics are a growing trend in the beauty industry, as people are becoming more interested in using natural and holistic approaches to improve their appearance. In addition to supplements, nutricosmetics can also come in the form of functional foods, such as smoothie mixes, powders, and bars, that are formulated with specific nutrients and marketed as a way to enhance one’s beauty from the inside out.

Global Nutricosmetics Market Overview

the demand for nutricosmetics is increasing, driven by several factors such as a growing interest in wellness and self-care, a desire for natural and sustainable beauty products, and the increasing popularity of non-invasive cosmetic treatments. Consumers are increasingly seeking out products that promote health and wellness, and nutricosmetics are seen as a way to support overall health and beauty from the inside out. They are also viewed as a more natural and sustainable alternative to traditional cosmetic treatments, such as injections or surgeries.

In addition, the COVID-19 pandemic has accelerated the trend toward self-care and personal wellness, as people look for ways to maintain their health and well-being during challenging times. Nutricosmetics are seen as a way to support the body’s natural healing and protective mechanisms, and to promote a sense of overall well-being. The rise of social media and influencer marketing has also played a role in driving demand for nutricosmetics. Social media platforms such as Instagram and TikTok are awash with beauty influencers touting the benefits of various nutricosmetic products, which can help to increase awareness and demand among younger consumers.

Overall, the demand for nutricosmetics is likely to continue to grow in the coming years, as consumers seek out new and innovative ways to support their health and well-being while also enhancing their appearance. On the other hand, it is anticipated that a lack of consumer knowledge regarding the advantages of nutricosmetics may restrain the market’s growth. The longer duration of the product’s projected outcomes for effective results is expected to cause more hurdles for the Nutricosmetics Market over the forecast period. Furthermore, during the projected period, participants in the Nutricosmetics Market would benefit from the launch of innovative products showcasing innovative products as well as the implementation of favorable regulatory norms like Food for Special Health Issues (FOSHU).

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Nutricosmetics Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Nutricosmetics Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Global Nutricosmetics Market Segmentation Analysis

The Global Nutricosmetics Market is Segmented on the basis of Ingredients, Application, and Geography.

Nutricosmetics Market, By Ingredients

• Vitamins
• Carotenoids
• Omega-3 Fatty Acids
• Others

Based on Ingredients, the market is segmented into Vitamins, Carotenoids, Omega-3 Fatty Acids, and Others. Carotenoids are anticipated to hold the major share of the market over the forecast period. One of the main reasons for the increasing demand for carotenoids in Nutri cosmetics is the growing consumer interest in natural and plant-based ingredients. Carotenoids are derived from natural sources, and they are viewed as a healthier and more sustainable alternative to synthetic ingredients commonly used in traditional cosmetic products.

Nutricosmetics Market, By Application

• Haircare
• Skincare
• Weight Management
• Personal Care
• Others

Based on Application, the market is segmented into Haircare, Skincare, Weight Management, Personal Care, and Others. Skincare is anticipated to hold the major share of the market over the forecast period. The application of nutricosmetics in skincare is increasing. The application of nutricosmetics in skincare can take many forms, such as the inclusion of skincare ingredients in nutricosmetic supplements or the use of skincare-inspired packaging and marketing for nutricosmetic products. By combining the benefits of skincare products and nutricosmetics, consumers can create personalized beauty regimens that work both inside and outside the body, promoting a healthy and radiant appearance from head to toe.

Nutricosmetics Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Based on Regional Analysis, the Global Nutricosmetics Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is anticipated to hold the major share of the market over the forecast period. The increase can also be linked to people’s growing willingness to explore novel nutricosmetics personal care and beauty-enhancing practices. Over the forecast period, regional growth would also be aided by increased consumer demand for multi-functional products that include features for caring for one’s hair, skin, and nails in addition to other functions.

Key Players

The “Global Nutricosmetics Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as BASF, Activ’Inside, Amway, Beiersdorf AG, Blackmores Limited, Pfizer Inc., Bayer AG ADR, Fit & Glow Healthcare Private Limited, Functionalab, GlaxoSmithKline PLC, GliSODin Skin Nutrients, Herbalife Nutrition, Kora Organics, Nestle Health Science (Solgar), Reviderm AG, SEPPIC, Suntory Holdings Limited, Vitabiotics, Grupo Cantabria Labs and GNC Holdings Inc.

Our market analysis also entails a section solely among others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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