In accordance with this study, The Global Nutricosmetics Market Value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2028 with a CAGR of XX% during the period of 2022-2028.
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
- Skin Care
- Hair Care
- Weight Management
- Others
By Application
- Drug Stores/Pharmacies
- Supermarkets/Hypermarkets
- Specialist Stores
- Online Stores
- Others
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 Beiersdorf AG, The Amway (Malaysia) Holdings BHD, Herbalife Nutrition Ltd, Pfizer Inc., Suntory Holdings Limited, The Reckitt Benckiser PLC, Bayer AG, Blackmores Ltd. and Otsuka Holding Co. Ltd. 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.
METHODOLOGY:
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.