Beauty Supplements Market Significant Demand by 2024 | Top Companies are The Boots Company, Murad UK Ltd, BeautyScoop, Life2good Inc, Neocell Corporation and HUM nutrition

Beauty supplements market Overview
Supplements are products used to improve and support any type of deterioration of the human body. In general, they are offered to consumers in various forms, such as pills, capsules, soft gels or even in the form of powder or liquid. Beauty supplements are the combination of minerals, vitamins, nutritional ingredients and other bioactive ingredients that help improve appearance and external perspectives. Supplements are classified by type, namely, herbal supplements and natural supplements. In addition, supplements can be targeted according to your application, such as beauty supplements, weight control supplements, vitamin supplements, dietary supplements, energy supplements, memory supplements, probiotic supplements, etc.

Global Beauty Supplements Market accounted for USD 3.5 Billion in 2016 and the market is expected to reach USD 6.8 Billion by the end of 2024 at a CAGR of 8.6% during the forecast period 2016-2024.

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Based on the application, the global market of beauty supplements is segmented into beauty supplements for skin, nails, hair, teeth and others. In addition, based on the distribution channel, the global market of beauty supplements is segmented into beauty products, supermarkets, pharmacies, online sales and others. The pharmacy sector is expected to contribute to the strong growth of income in the beauty supplement market. In addition, the segment of points of sale specialized in beauty products also contributes to the growth of sales, followed by the supermarket segment.

Drivers and Restraints:
The growing concern of consumers about their appearance and high purchasing power has led to the strong growth of the global market of beauty supplements in recent years. In addition, the popularity of beauty supplements between women and men has also had a positive impact on the global beauty supplements market. People who are conscious of their physical appearance can also stimulate the demand for beauty products around the world.

Geographic Segmentation:
Europe is having the largest market share and should also dominate the global beauty supplement market in the near future. The global market is mainly concentrated in Western Europe and is expected to influence by the growing concerns of people about their appearance and the high disposable income of consumers. In addition, the influence of people by their family members, magazines, celebrity endorsements and so on are other factors that should drive the growth of the beauty supplement market in North America and the Asia Pacific. In Asia Pacific, Japan is expected to be the largest contributor in terms of revenue, followed by China.

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Key Players:
Some of the major players dominating the global beauty supplements market are The Boots Company, Murad UK Ltd., BeautyScoop, and Life2good Inc. Other key companies influencing the global market are Neocell Corporation, HUM nutrition, and others.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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