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Consumer Goods & Services Icon

Nutricosmetics Market – Trends Forecast Till 2030

Nutricosmetics Market, By Ingredients (Carotenoids, Vitamins, Omega 3 Fatty Acids, Others), By Application (Skincare, Haircare, Personal Care, Weight Management, Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

  • Published Date : June 2023
  • Base Year Estimate : 2022
  • Report ID : D-CG-NM-1407
  • Format :
  • Number of Pages : 570
  • Domain : Consumer Goods & Services
  1. Consumer Goods & Services
  2. Nutricosmetics Market – Trends Forecast Till 2030
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REPORT SYNOPSIS
Market Snapshot Market Overview Delvens Industry Expert's Standpoint Market Portfolio Key Findings Regional Analysis Competitive Landscape Recent Developments Reasons to Acquire Report Scope
Table Of Content Frequently Asked Questions

Market Snapshot

Market Overview

The global nutricosmetics Market size is projected to reach a CAGR of 7.7% from 2023-2030.

Nutricosmetics are specialized products that are designed to aid health and beauty. Nutricosmetics are prepared with the incorporation of nutraceutical ingredients and have the potential to improve overall health. Orally deliverable nutricosmetics are gaining significant attention from consumers due to their efficacy to boost overall skin or hair health by providing nutrition from the inside.

The growth of the market can be attributed to various factors such as rising consumer awareness regarding skin and hair problems, increasing demand for nutricosmetics in developed nations, growing elderly population that will foster the market growth and awareness towards preventive health management practices.

On the other hand, the major factors hampering the growth of the market are lack of credibility in many products and low awareness among consumers about the benefits of nutricosmetics.

The beauty industry witnessed major disruptions in the initial months of the COVID-19 pandemic, with global sales experiencing a slump in 2020. However, the nutricosmetics sector remains resilient, owing to the increased awareness of personal health and well-being during the pandemic. Furthermore, the beauty industry is recovering gradually from the turmoil of 2020, which will provide opportunities for the nutricosmetics industry development over the forthcoming years.

Delvens Industry Expert's Standpoint

The nutricosmetics market is poised for significant growth in the coming years, driven by the increasing demand for natural and organic cosmetic products that promote beauty and wellness from within. Nutricosmetics combine the benefits of both nutrition and cosmetics, offering consumers a holistic approach to beauty and skincare.

The use of natural and organic ingredients in nutricosmetics is a key trend driving growth in the market, as consumers become more aware of the potentially harmful effects of synthetic chemicals in traditional cosmetics. Additionally, the growing focus on preventative health and wellness is leading consumers to seek out products that offer long-term benefits, such as improved skin health and anti-aging effects.

Market Portfolio

Key Findings

  • Nutricosmetics are specialized products that are designed to aid health and beauty. Nutricosmetics are prepared with the incorporation of nutraceutical ingredients and have the potential to improve overall health. Orally deliverable nutricosmetics are gaining significant attention from consumers due to their efficacy to boost overall skin or hair health by providing nutrition from the inside.
     
  • The growth of the market can be attributed to various factors such as rising consumer awareness regarding skin and hair problems, increasing demand for nutricosmetics in developed nations, and the growing elderly population will foster the market growth and awareness towards preventive health management practices.
     
  • The market is also segmented into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Europe currently enjoys the major Nutri cosmetics market share and is expected to continue its dominance during the forecast years, owing to higher penetration of nutricosmetics products in the European market, along with rising product launches in prominent countries of the region. The rising elderly population in Europe is another prominent reason which is expected to boost the nutricosmetic market of the region.
     
  • The beauty industry witnessed major disruptions in the initial months of the COVID-19 pandemic, with global sales experiencing a slump in 2020. However, the nutricosmetics sector remains resilient, owing to the increased awareness of personal health and well-being during the pandemic. Furthermore, the beauty industry is recovering gradually from the turmoil of 2020, which will provide opportunities for the nutricosmetics industry development over the forthcoming years.

Regional Analysis

Europe to Dominate the Market

  • Europe currently enjoys the major Nutri cosmetics market share and is expected to continue its dominance during the forecast years, owing to higher penetration of nutricosmetics products in the European market, along with rising product launches in prominent countries of the region.
     
  • The rising elderly population in Europe is another prominent reason which is expected to boost the nutricosmetic market of the region.

Competitive Landscape

  • Herbalife International Inc,
  • FIT & GLOW HEALTH CARE PVT LTD
  • GLISODIN SKIN NUTRIENTS
  • BASF
  • Functionalab
  • Activ'Inside
  • Amway
  • Blackmores Limited
  • Beiersdorf AG
  • REVIDERM AG