Nutricosmetics Market Research To Reflect Impressive Growth Rate By 2030
Nutricosmetics Market Insights:
Nutricosemetics have a rapidly growing market due to rising
consumer awareness regarding personal care ingredients and a shift toward a
preference for natural items. Market Research Future has analyzed several key
drivers, and opportunities of the global nutricosmetics market and presented
them with intelligent observations as well as forecasts for the period of 2023
to 2030.
The nutricosmetics market size was valued at USD 4.2billion
in 2022. The nutricosmetics industry is projected to grow from USD4.47 billion
in 2023 to USD 6.51 billion by 2030, exhibiting a compound annual growth rate
(CAGR) of 6.45% during the forecast period (2023 - 2030).
Healthy, glowing skin is a strong aspirational quality for
many consumers, and this has been a key driver of the rapidly expanding
cosmetics and personal care sector. However, nutricosmetics has emerged within
this sector and is growing at a rapid pace. Consumers are displaying a gradual
shift toward the use of natural and simple ingredient-based products which are
sometimes referred to as "skin food." Nutricosmetics are edible, but
not recommended to do so as they are meant for skin application. However, this
factor highlights the absence of any toxic or damaging skincare ingredients,
thus driving the Nutricosmetics
Market Research. Micronutrients
are often added to nutricosmetics to increase their efficacy. Vitamin C,
collagen, essential fatty acids and other safe to consume ingredients are being
used in skincare products to increase efficacy. Moreover, increased
environmental consciousness and the desire to simplify normally complex beauty
items along with the huge demand for clean label products has significantly
influenced the demand for nutricosmetics. Manufacturers are increasingly introducing
new nutricosmetics with a variety of interesting ingredient combination
designed to combat common skin issues as well as promote youthful looking
healthy skin. Investments in research are also driving the market.
Although the market is full of positive impact factors as
well as opportunities, consumers are also deterred from purchasing products due
to fanciful claims of ingredients which are comparable to snake oil, i.e., may
not actually have any real benefits, thus challenging market growth.
Market Segmentations:
MRFR's segmentation of the market has been performed on the
basis of nutrient, form, distribution channel, and region. Nutrients used in
the production of nutricosmetics have been segmented into herbs &
botanicals, essential fatty acids, vitamins & minerals, and others.
Forms of nutricosmetics have been segmented into cream, gel,
liquid, powder, and others. Distribution channels by which nutricosmetics can
be purchased have been segmented into store-based and non-store based. The
growth of e-commerce has globalized the market making nutricosmetics from other
countries available to consumers around the world, thus driving global sales.
Regional Analysis:
The Asia Pacific has a significant cosmetics sector which
has put it in a favorable position in the nutricosmetics market. The APAC
market has the most significant share of the global market due to the rising
awareness among consumers regarding nutritional, cosmetic products. A natural
affinity in the region for the use of natural products particularly in
countries such as India and China are expected to boost the market in the
coming years. Moreover, the region has a concentration of emerging economies
with a rising per capita income, thus boosting the demand for nutricosmetics in
the region. The Asia Pacific market is also expected to witness the fastest
growth with the highest CAGR during the forecast period. South Korea and Taiwan
are among the leading country-level markets in the region.
Key Players:
The global Nutricosmetics
Market Report also includes profiles of leading market players such as
Nutrikosm, Beiersdorf AG, Plandai Biotechnology, Procter & Gamble Co.,
L'Oréal S.A., Zea Skin Solutions Skincare, Calamansa, Nestle, and Laboratoire
PYC to name a few.
Latest Industry News:
• Cosmetics giant L'Oreal is launching several organic skin
care treatments under its Garnier brands in an effort o expand sluggish growth.
• Actress Kelly Preston is set to launch her nutricosmetics
organic beauty brand dubbed Breathe toward the end of the year.
Related Reports:
Dietary
Supplements Market Research Report Information By Type (Vitamins,
Minerals, Amino Acids & Proteins, Probiotics, Blends And Others), By Form
(Tablets, Capsules & Soft gels, Powders, Gummies And Others), By
Distribution Channel (Store-Based And Non-Store-Based), And By Region (North
America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till
2030
Propolis-Marktforschungsbericht:
Informationen nach Produkttyp (Kapseln und Tabletten, Spray, Extrakt und
andere), Kategorie (alkoholbasiert und alkoholfrei), Vertriebskanal
[Ladenbasiert (Supermärkte und Verbrauchermärkte, Convenience-Stores und
andere) und nicht im Geschäft] und Region (Nordamerika, Europa, Asien-Pazifik
und RoW) und Prognose bis 2030
産業砂糖市場調査レポート：種類別の情報（ブラウンシュガーと白糖）、ソース（サトウキビ、テンサイなど）、フォーム（顆粒、粉末、シロップ）、アプリケーション
[食品および飲料（乳製品および冷凍デザート、ベーカリーおよび菓子、飲料など）、医薬品、およびその他]、および地域（北米、ヨーロッパ、アジア太平洋、およびROW）— 2030年までの予測
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