Press release
Nutricosmetics Market Key Players Analysis 2018 to 2022 | Nutrikosm, Croda International Plc., NutraQ AS, PLT Health Solutions, Plandai biotechnology and Natreon | Industry Forecast
Market Overview:Growing demand for products assisting in healthy skin is driving the growth of nutricosmetics market at a global stage. Nutrition and cosmetics together form the term nutricosmetics. Nutricosmetics are rich in nutrients which helps to enhance the beauty of the consumers. People nowadays are more concerned about their beauty for which they make tremendous efforts. Thus, the demand for nutrients which help to enhance the appearance of skin, hair, and nails has increased which is driving the growth of nutricosmetics market. The concept of “beauty from within” has gained huge acceptance among the consumers which is supporting the growth of nutricosmetics market. Changing lifestyle and rise in disposable income also affects the growth of the nutricosmetics market.
Growing working population has minimized the time of individuals to spend on beauty enhancements which has opened the doors for nutricosmetics market and also influencing the manufacturers to come up with new products in the market. Moreover, pollution and climatic changes are majorly hampering the skin health of the consumers which has increased the demand for nutricosmetics market globally.
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Latest Industry Updates:
Oct 2017 Marinova and Innospec entered into a partnership for fucoidan cosmetic ingredients
Sept 2017 Henkel acquired Nattura Laboratories to expand its footprint in the Latin America professional hair care market.
August 2017 Nutricosmetics Company, Zea Skin Solutions Skincare, based in Chesterfield, announced a national partnership with health and sports nutrition retailer GNC. This continues GNC’s expansion into beauty and personal care products.
May 2015 Laboratoire PYC launched high-protein triangle crisps
Competitive Analysis:
The key players in this market are observed to come up with the development of different varieties of product types. They are also aiming at strategic partnership and acquisitions to capture a considerable share of the market share. Moreover, companies are also looking forward for opportunities to expand their geographical presence for which they are involved in continuous research and product innovations. New product launches assist the key players to be competitive in the market and have a sustainable growth.
The key players profiled in Nutricosmetics market are L'Oréal S.A. (France), Beiersdorf AG (Germany), Nestle (Switzerland), Procter & Gamble Co. (U.S.), Calamansa (Spain), Nutrikosm (Spain), and Zea Skin Solutions Skincare (U.K) among many others.
Market Segments:
The global Nutricosmetics market has been divided into nutrient, form, distribution channel and region.
On The Basis Of Nutrient: vitamins & minerals, herbs and botanicals, essential fatty acids, antioxidant/ carotenoids, collagen, and others.
On The Basis Of Form: powder, cream, gel, liquid, and others
On The Basis Of Distribution channel: Store, and Non-store based
On The Basis Of Region: North America, Europe, Asia Pacific, and ROW
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Regional Analysis:
On the basis of region, the global nutricosmetics market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Among them, Asia Pacific is witnessed to have the main market share followed by Europe. Asia Pacific is expected to be the fastest growing region owing to rising awareness about products in nutricosmetics. Also, increasing disposable income in the developing countries of this region and their inclination towards supplements to enhance their beauty is supporting the nutricosmetics product demand in this region.
Nutricosmetics market is projected to have a substantial growth in North America over the forecast period due to several new launches taking place in this region making an addition to beauty foods and supplements. Countries like Brazil, South Korea and Taiwan are expected to create significant growth opportunities for manufacturers of nutricosmetics products over the coming years.
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