Global Nutricosmetics Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024

Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled “Nutricosmetics Market”. The study offers a clear insight about the prevailing trends and innovations happening in the Nutricosmetics Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during the mentioned forecast period. In addition, a holistic view of the entire global market scenario across all the prime regional segments, such as (Regions) has been delivered.

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The deal-making scene in the global nutricosmetics market has been pretty active over the past few years. In order to tap into synergies, players are resorting to mergers and acquisitions and collaborations. This has enabled them to access greater resources, tap into new markets, and most importantly diversify their product portfolio to cater better to the various needs of consumers. Savvy participants in the market are also seen banking upon product innovation to stay on top of consumers’ preferences. All these along with high bargaining power of entities placed in the low spectrum of the value chain has intensified competition the market.

Key players in the global market for nutricosmetics are Nestle S.A., Cargill Incorporated, The Coca-Cola Company, L’Oreal SA, and E.l.Du Pont De Nemours and Company.

The market for nutricosmetics market worldwide is expected to rise at a 5.0% CAGR from 2017 to 2025 to become worth US$7.93 bn by 2025 from US$5.13 bn in 2016.

The global market for nutricosmetics can be segmented based on their primary functions into weight management, skin care, hair and nail care, and multi-functional. Among them, skin care segment accounted for a leading share in the market in 2017. Going forward too, it is expected to hold onto its dominant position. From a regional perspective, Europe accounts for leading market share due solid market penetration of nutricosmetics and increased awareness about the products among consumers. The market in the region is also being promoted by the mergers and acquisitions of key players.

Rising Geriatric Population Generate Maximum Demand

Numerous factors are expected to drive forward the global market for nutricosmetics. One of them is the increasing population of elderly who need the natural health products that can be orally consumed and target the hair, skin, and nails. Nutricosmetics are available in the form of functional foods, beverages, and beauty supplements. They are also marketed as beauty aids which contain active ingredients along with enzymes, proteins, botanical levaes, minerals, lycopene, etc. They can be in form of pills, capsules, jellies, and drinks.

Apart from that, surging demand for natural products for enhancing beauty and health since they have lesser side effects and increasing cost of healthcare is driving sales of nutricosmetics too. The market is being boosted by the launch of innovative products having greater efficacies every now and then as well.

Limited Awareness about Products Limits Market Growth

On the downside, the market growth is being challenged by the limited awareness among consumers about the advantages of nutricosmetics since the product is relatively new. “Besides, longer time for nutricosmetics to generate results is also limiting their uptake,” adds the lead analyst of the report. However, with continued thrust on product development, better ones that take reduced time to produce results will likely hit the market thereby helping it to overcome the setback.

The report provides company market share analysis of the various key participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies and SWOT Analysis. Global key participants of the cosmetic ingredient market include Cargill Incorporated (Minnesota, U.S.), E. I. Du Pont De Nemours and Company (Delaware, U.S.A.), Nestle S.A. (Vevey, Switzerland), L’Oreal SA (Clichy France), The Coca-Cola company (Atlanta, Georgia, U.S.A.), Skinside AG (Switzerland), Croda International Plc (East Yorkshire U.S.A), Pfizer Inc.(NewYork, U.S.A), Frutarom Industries Limited (Haifa District, Israel), Nutrikosm (Barcelona, Spain), Robinson Pharma Incorporated (Santa Ana, CA, U.S.A.), Shiseido (Tokyo, Japan), Ashland Incorporated (Kentucky, U.S.A.), Vitabiotics Company (London, U.K.), Medcoll Bio (Westmeath, Ireland).

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The global nutricosmetics market is segmented as follows;-

Global Nutricosmetics Market, by Product Type

Supplements
Tablet
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Capsule
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Powder
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Liquid
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Beauty Beverages/Drinks
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts

Global Nutricosmetics Market, by Primary Function

Skin Care
Sun Care
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Anti Ageing
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Radiance and Glow
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Anti Acne/Pimple
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Hair and Nail Care
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Weight Management
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts
Multi Functional
Collagen Peptides
Vitamins and Minerals
Proteins
Herbal Extracts
Plant and Fruit Extracts

Global Nutricosmetics Market, by Distribution Channel

Modern Trade
Health and Beauty Stores
Specialty Stores
Pharmacy Stores
E-Commerce

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