Nutricosmetics Market Impressive Growth through 2026: Top Players Frutarom Ltd, Lucas Meyer Cosmetics S.A.S., Sanofi-Aventis U.S. LLC, Croda International Plc, and Pfizer Inc, Functionalab Inc, Laboratoire Oenobiol S.A.S., Laboratoires Inneov SNC., Beiers

Nutricosmetics are health products which are orally consumed that are processed from cosmeceutical and nutraceutical products which contains anti-oxidants that are useful for the treatment of skin, nail and hair defects. The natural arrangement of nutricosmetics are available as tablets, drinks, jellies and pills. Increasing consumer awareness about wellbeing in Europe and North America is the key factor of the growth of the global nutricosmetics market during 2017-2025. The market for nutricosmetics is expected to grow at a CAGR of 11.65% during the forecast period. Rapidly increasing awareness among the people on skin care and oral care, growing urbanization population, busy lifestyles are some of the factors which is in turn projected to propel the market for nutricosmetics during the forecast period. Increasing popularity of ready to drink nutricosmetics beverages, preference for effective and safe beauty solutions boosts the sales of cosmetics supplements, and growing consumer awareness toward prevention of pre-mature skin aging are expected to fuel the growth of the market for nutricosmetics.

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Major players including Frutarom Ltd, Lucas Meyer Cosmetics S.A.S., Sanofi-Aventis U.S. LLC, Croda International Plc, and Pfizer Inc, Functionalab Inc, Laboratoire Oenobiol S.A.S., Laboratoires Inneov SNC., Beiersdorf Ag, BASF SE, Borba, Inc., Frutels LLC, ISOCELL SA, GlaxoSmithKline Pharmaceuticals Limited, ExcelVite, Denomega Nutritional Oils AS, Groupe Danone SA, IMCD Group BV, Lonza Group Ltd. among others are the key competitors in the global nutricosmetics market.

Nutricosmetics are primarily taken in two forms- solid and liquid. The nutricosmetics products are taken orally either as liquids or pill. These products of nutricosmetics is expected to gain traction among the busy lifestyles as it takes less time compare to other cosmetics that are needed to apply over the body during the forecast period. The nutricosmetics market is expected to be highly driven by the cosmetics market which is expected to exhibit a CAGR of 5.2% in terms of revenue during 2017-2025 and is expected to retain the trend during the forecast period.

Market Dynamics

Europe dominated the market in 2016 and the trend is expected to remain the same during 2017-2025. The increasing demand for nutricosmetics in various applications such as skin care, hair care, oral care, sun protection along with others, due to rise in consumer awareness towards health and beauty over the years, 2015-16, is the major driving force to position Europe as the largest region in the global nutricosmetics market. For instance, In October, 2010, Nestle launched a nutricosmetics product Nesfluid functional beverage, which was approved by European Food Safety Authority’s (EFSA) along with other ingredients such as zinc, vitamin C and D, and selenium, this regulations forces the manufacturers to evaluate their products through testing identity, purity, strength, and composition. North America market is also expected to experience significant growth and is anticipated to exhibit a CAGR of 11.64%, during the forecast period.

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Detailed Segmentation:

Global Nutricosmetics Market, By Product Type:
Vitamins
Carotenoids
Omega-3 Fatty Acids
Others

Global Nutricosmetics Market, By Form:
Liquid
Solid

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