The global demand for Nutricosmetics Market is presumed to reach the market size of nearly USD 10.71 Billion by 2032 from USD 5.27 Billion in 2023 with a CAGR of 8.2% under the study period 2024 - 2032.Regarding volume, the market was calculated XX Billion Units in 2023 and forecast to touch XX Billion Units by 2032 with a CAGR of XX% during 2024-2032.
Nutricosmetics refer to oral supplementation of nutrients that are formulated and marketed specifically for beauty purposes. Nutricosmetics are more commonly referred to as Beauty Supplements. Examples of Nutricosmetics include biotin, collagen, vitamin C, goji berry, probiotics, milk thistle, astaxanthin and grapeseed extract. These supplements come in the forms of drops, pills, powders, shakes, and gummies.
Market Dynamics
The rising population of elderly people and increasing demand for various natural products with the aim to enhance the beauty are among the major factors propelling the global nutricosmetics market. Owing to have the benefits like no or marginal side effects and rising cost of healthcare is convincing many consumers to go for nutricosmetics products, thus increasing the growth prospects of the market. The growth of global nutricosmetics market is being further fuelled by the introduction of innovative products. However, on the flipside, the growth of the global nutricosmetics market is being hampered by very less awareness amongst consumers as well its slower pace to show results.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of nutricosmetics.
Market Segmentation
The study offers a decisive view of the global nutricosmetics market by segmenting it terms of product and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Product Type
- Supplements (Tablet, Capsule, Powder)
- Beauty Beverages/Drinks
By Primary Function
- Skin Care (Sun Care, Anti-aging, Radiance and Glow, Anti Acne/Pimple)
- Hair and Nail Care
- Weight Management
By Price
- Low (Up to 50$)
- Medium (50$-100$)
- High (Above 100$)
By Distribution Channel
- Online (E-commerce Websites, Company Websites)
- Offline (Health and Beauty Stores, Specialty Stores, Pharmacy Stores)
Regional Analysis
This section covers nutricosmetics market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global nutricosmetics market along with the individual application segment across all the prominent region.
Global Nutricosmetics Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global nutricosmetics market are Herbalife International Inc, FIT & Glow Health Care Pvt Ltd, Glisodin Skin Nutrients, BASF, Functionalab, Activ'Inside, Amway, Blackmores Limited, Beiersdorf AG, and Reviderm AG. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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