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Global Nutricosmetics Market Outlook, Opportunities, Challenges, Trends, Size and Growth, Competitive Analysis and Forecast to 2023
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Nutricosmetics are oral based natural health products containing targeted nutrients and antioxidants that are used for treatment of the skin, hair and nails. Nutricosmetics are nutritional supplements which support the function and the structure of the skin. Many micronutrients have this effect. Nutricosmetics are products which can be ingested and that helps in enhancing the face, body, skin, hair, nails of individuals in many ways.
The global nutricosmetics market can be segmented on the basis of product type, application and ingredient type. On the basis of product type, the market can be divided into pill nutricosmetics and liquid nutricosmetics. The liquid nutricosmetics market is comparatively larger as compared to the pill nutricosmetics market. Based on the application, the market for nutricosmetics can be classified into personal care, hair care, skin care, healthcare, digestive health, heart health, weight management and others.
On the basis of ingredient type, the global market for nutrichemicals can be segmented into carotenoids, vitamins, omega 3 fatty acids and others.
The countries such as UAE, South Africa, Brazil, Taiwan and others have untapped markets that offer extensive growth opportunity in the nutricosmetics market.However, government regulatory issues on the import and export of nutricosmetics in some countries such as the U.S. pose a significant challenge to the growth of the nutricosmetics market.
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Ferrosan A/S, Functionalab Inc, Laboratoire Oenobiol S.A.S., Laboratoires Inneov SNC., are the key competitors in the global nutricosmetics market. Beiersdorf Ag, BASF SE, Borba, Inc., Frutels LLC, Frutarom Industries Ltd., ISOCELL SA, GlaxoSmithKline Pharmaceuticals Limited, ExcelVite, Denomega Nutritional Oils AS, Groupe Danone SA, IMCD Group BV, Lonza Group Ltd., Perricone M.D., Nutrilo GmbH, Quest Vitamins, Martek Biosciences Corporation and LycoRed are some of the other competitors in the global nutricosmetics market.
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