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.

Okay, so the COVID-19 pandemic really kicked our self-care habits into high gear, right? People were just trying to stay healthy and sane! That's where nutricosmetics come in – they're like a little boost to help your body's natural defenses and just feel good overall. And let's be real, social media is huge. Instagram and TikTok are flooded with beauty gurus singing the praises of all these different nutricosmetic goodies. Influencer marketing is definitely a big reason why younger folks are getting so interested! They see their favorite people using these products and it just creates a buzz.

Basically, expect nutricosmetics to keep getting more popular as people look for cool, new ways to feel good and look good at the same time. However, if folks don't really understand what nutricosmetics do, that could slow things down. Plus, waiting a while to actually see results might also put people off. On the bright side, companies bringing out exciting new products and governments making helpful rules, like those for Food for Special Health Issues (FOSHU), could really give the Nutricosmetics Market a boost!

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

When we look at Application, the nutricosmetics market breaks down into areas like Haircare, Skincare, Weight Management, Personal Care, and, well, everything else. It looks like Skincare is going to be the big player for a while. More and more, we're seeing nutricosmetics being used to improve skin health. This can mean adding skincare ingredients to supplements, or even just using packaging and marketing that reminds you of your favorite face cream. Think about itby blending the power of skincare and supplements, you can build a totally personalized beauty routine that tackles beauty from the inside out – helping you glow 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

We'll dive into the market using both numbers and real-world factors to understand different groups of customers. We'll also give you the market size in USD Billion for each segment and sub-segment. You'll discover which region and segment are poised for the most rapid growth and which ones will lead the pack. Our analysis will highlight product/service consumption in each region, pinpointing the forces shaping each market. We'll also look at the competitive landscape, ranking the major players and detailing their recent new service/product launches, partnerships, business expansions, and acquisitions from the last five years. You'll get extensive company profiles with overviews, insights, product comparisons, and SWOT analyses for the key companies. Expect a look at the present and future of the industry, considering recent developments, growth opportunities, drivers, challenges, and restraints in both emerging and developed regions. We'll provide an in-depth analysis using Porter's five forces. Understand the market's Value Chain and get a grip on market dynamics and upcoming growth opportunities. Plus, you'll get 6 months of post-sales support from our analysts.

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