Market Insights for Nutricosmetics: Size, Share, Trends, and Overview
Nutricosmetics Market Overview:
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 2024
to 2032.
The
Nutricosmetics Market size was valued at USD 7,821.13 billion
in 2023. The nutricosmetics industry is projected to grow from USD 8,320.11billion
in 2024 to USD 13,314.14 billion by 2032, exhibiting a compound annual growth
rate (CAGR) of 6.05% during the forecast period (2024 - 2032).
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 market. 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.
Key Players:
The global Nutricosmetics
Market Companies 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.
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
industry. 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.
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 2032
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 2032
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）— 2032年までの予測
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