The latest report by IMARC Group, titled “Nutricosmetics Market Report by Ingredient (Carotenoids, Omega-3, Vitamins, and Others), Product (Skin Care, Hair Care, Weight Management, and Others), Distribution Channel (Drug Stores/Pharmacies, Supermarkets and Hypermarkets, Specialist Stores, Online Stores, and Others), and Region 2024-2032“, The global nutricosmetics market size reached US$ 7.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.
Factors Affecting the Growth of the Nutricosmetics Industry:
- Increasing Consumer Awareness:
There is a growing recognition among consumers regarding the integral relationship between diet, lifestyle, and skin health, which is influencing the market growth. As more research links nutrition with beauty, consumers are seeking products that offer benefits beyond traditional skincare. Additionally, nutricosmetics, which blend nutrients and cosmetic benefits, cater to this demand by providing internal nourishment that supports external beauty. These products typically contain ingredients such as vitamins, minerals, and antioxidants that help protect and rejuvenate the skin from within. The shift toward holistic wellness approaches encourages individuals to adopt nutricosmetics as part of their daily regimen, recognizing that healthy skin is dependent on external treatments and internal health and nutrition.
- Rising Beauty Standards:
The global beauty industry is maintaining a youthful and radiant appearance. This cultural shift has bolstered the market for nutricosmetic supplements and functional foods designed to enhance skin health and aesthetics. Additionally, consumers are increasingly drawn to products that promise to improve skin hydration, elasticity, and overall radiance. Moreover, nutricosmetics, which often contain active ingredients like collagen peptides and hyaluronic acid, appeal to those seeking natural ways to slow aging signs and achieve a flawless complexion. The demand for these products is further driven by a society that values youthfulness and beauty, making nutricosmetics an attractive option for individuals aiming to meet these evolving beauty ideals through dietary enhancements.
- Innovations in Product Formulations:
The nutricosmetic sector is advancing rapidly due to breakthroughs in formulation technology and ingredient science. These innovations make it possible to develop nutricosmetic products with enhanced efficacy and bioavailability, meaning the active ingredients are more easily absorbed and utilized by the body. Additionally, modern nutricosmetics might include a blend of vitamins, antioxidants, collagen peptides, and hyaluronic acid, all known for their beneficial effects on skin health. Besides this, innovations such as microencapsulation and nanotechnology have improved the stability and delivery of these nutrients, ensuring that they are delivered effectively to the skin. Furthermore, the integration of exotic and potent botanicals with proven skin benefits into nutricosmetic formulations caters to the growing consumer preference for natural and clean-label products, further propelling the market growth.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/nutricosmetics-market/requestsample
Competitive Landscape with Key Player:
- Amway
- BASF SE
- Bayer AG
- Beiersdorf (Maxingvest AG)
- Blackmores Ltd.
- Herbalife Nutrition Ltd.
- Otsuka Holdings Co. Ltd.
- Pfizer Inc.
- Reckitt Benckiser
- Suntory Holdings Limited (Kotobuki Realty Co. Ltd.)
- Unilever
The report has segmented the market into the following categories:
Breakup by Ingredient:
- Carotenoids
- Omega-3
- Vitamins
- Others
Carotenoids represent the largest segment due to their antioxidant properties and their role in promoting skin health and radiance.
Breakup by Product:
- Skin Care
- Hair Care
- Weight Management
- Others
Skin care accounts for the largest market share owing to the increasing consumer demand for products addressing skin health and beauty from within.
Breakup by Distribution Channel:
- Drug Stores/Pharmacies
- Supermarkets and Hypermarkets
- Specialist Stores
- Online Stores
- Others
Based on the distribution channel, the market has been categorized into drug stores/pharmacies, supermarkets and hypermarkets, specialist stores, online stores, and others.
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Europe’s dominance in the nutricosmetics market is attributed to a combination of factors including high consumer awareness, a strong beauty and wellness culture, and a favorable regulatory environment supporting the growth of nutricosmetic products.
Global Nutricosmetics Market Trends:
At present, consumers are seeking products with natural and organic ingredients. Additionally, nutricosmetics brands are formulating products with botanical extracts, vitamins, minerals, and antioxidants, aligning with the clean beauty movement. Moreover, collagen, a protein essential for skin elasticity and structure, has gained significant traction in the nutricosmetics market. In addition, consumers are incorporating collagen supplements into their routines to promote skin health, reduce wrinkles, and support joint health. Besides this, with the rise of personalized nutrition, nutricosmetics brands are offering customized solutions tailored to individual needs involving personalized ingredient blends, dosage recommendations, or product formats based on age, skin type, and lifestyle across the globe.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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