Press release
What's Driving the Nutricosmetics Market Trends? AAM - Cargill, DuPont, DuPont Nutrition & Health, Nestlé, BASF, L'Oréal, The Coca-Cola Company, Croda, Pfizer, Lonza, Ashland, SEPPIC, And others
Nutricosmetics Market
The nutricosmetics market research report gives a market shrewd to market players that enable them to decide profitable portions and the actual target size for their nutricosmetics market. It offers dependable and veracious market gauges inferred after profoundly investigating chronicled and current events in the market. The report highlights vulnerabilities and dangers that could influence market development and enables the clients to make smart decisions to eliminate these dangers. The nutricosmetics report analyzes nutricosmetics market’s competition status and performance analysis of various key players as well. The report has been prepared to highlight every crucial factor which could impact the nutricosmetics market growth for the estimated timeframe.
Global nutricosmetics market is expected to rise from its initial estimated value of USD 5,709.8 million in 2018 to an estimated value of USD 8,762.8 million by 2026, registering a CAGR of 5.5% during the forecast period of 2019-2026.
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FACTORS DRIVING GROWTH IN NUTRICOSMETICS MARKET
Rising Geriatric Population: According to United Nations Department of Economic and Social Affairs/Population Division; in 2017, estimated population of people with age 60 or above was 962 million, which means around 13 per cent of the population. This age bracket or group is growing at a rate of 3 per cent every year. Presently, Europe is leading the other regions in terms of population consisting of this age group. This brisk speed of ageing is expected to carry on in other regions as well, which projects that by the end of 2050 excluding Africa all regions of the world would have more than a quarter share of their total population at an age of 60 years and above. The population of this age group is projected to reach around 1.40 billion in 2030 and 2.10 billion in 2050, and could ultimately rise up to 3.10 billion in 2100.
This rising levels of age of population, is expected to be one of the major factors for the growth of nutricosmetics globally, as this category of individuals are increasing their adoption for the product to assist them in maintaining their health and retaining their youth. The shift towards a healthier and better lifestyle together with positive effects of various ingredients, such as barks, roots, and green tea that encourage “Beauty from within” idea are escalating the demand for global nutricosmetics market.
Top nutricosmetics companies covered in this market research report
The global nutricosmetics market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this nutricosmetics research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the expanding nutricosmetics market size.
The report offers a detailed analysis of several nutricosmetics companies, including: Cargill, DuPont, DuPont Nutrition & Health, Nestlé, BASF, L'Oréal, The Coca-Cola Company, Croda, Pfizer, International Flavors & Fragrances, Lonza, Robinson Pharma, Inc., Ashland, Vitabiotics Ltd, SEPPIC, MedColl Bio, Skinside US, Martek Biosciences, Deep Visions Multimedia GmbH, Functionalab (Functionalab Group), a GROWTH 500 Company, SOLGAR, INC., Husum Mineral Fountain HMB GmbH & Co KG, L Oreal USA
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Some of the key findings from our nutricosmetics market forecast report are summarized below
Global Nutricosmetics Market, By Ingredients (Antioxidants, Polyphenolics, Turmeric, Collagen, Fish Oils, Plant-Based Ceramides, Polypodium leucomotos, Carotenoids, Vitamins, Omega 3 Fatty Acids, Others), Application (Food Supplements, Skin Care, Hair and Nail Care, Weight Management, Others), Intake Type (Pill Type Nutricosmetics, Drinkable Nutricosmetics), Distribution Channel (Modern Trade, Health and Beauty Stores, Specialty Stores, Pharmacy Stores, E-Commerce), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends and Forecast to 2026.
The report analyzes factors affecting nutricosmetics System market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; Europe, APAC, North America, MEA and South & Central America after evaluating technological factors, political, economic and social affecting the nutricosmetics System market in these regions.
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