THE EUROPEAN REGION ACCOUNTED FOR THE LARGEST MARKET FOR GLOBAL BEAUTY SUPPLEMENTS MARKET IN 2019 - AXIOM MRC

Growing health awareness, rising economy, investment on research and development are some of key reasons that drive the beauty supplements market in European region. Likewise, the growing market with investments from several multinational manufacturers, especially in countries such as the U.S. and Canada are expected to drive the North America beauty supplements market.

New York, January 23, 2020: Axiom Market Research & Consulting(TM) added a report on global beauty supplements market which includes study on form, application, and distribution channel across various countries of key regions around the world. The global beauty supplements market was projected to grow at a CAGR of 8.33% for the forecast period 2019 to 2026. The global market is estimated and forecasted in terms of revenue (USD million) generated by the beauty supplements market.

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The report analyses the beauty supplements industry based on form, application, distribution channel and geography. Various forms of beauty supplements are tablets, capsules, liquid, powder, bars and others including gummies, soft gels, oils etc. These supplements are majorly used for applications covering such as hair care, skin care, nail care, dental care and others including multifunctional, eye care etc. The beauty supplements are distributed through various channels including supermarkets/ hypermarkets, departmental store, beauty outlets, pharmacy store, online store and others such as health and personal care stores). The global beauty supplements market is studied across various key countries of regions such as North America, Europe, Asia Pacific and Rest of the World.

Several key factors drive the beauty supplements market, including: the aging population, which currently spends billions of dollars each year in an effort to maintain a youthful appearance and promote overall well-being; the increasing awareness of the link between diet and health, including physical appearance, and consumers are more open to the concept of "beauty from within"; and the continuing research and development of active nutritional ingredients for skin health.

For greater growth opportunities in the beauty supplements market, the established market players need to:
o Invest in regional capacity and expertise
o Focus on adopting inorganic as well as organic growth strategies
The key competitors of this market include Amway (United States), BeautyScoop (United States), HUM Nutrition Inc. (United States), Pfizer Inc. (United States), Lifes2good Inc. (United States), Meiji Holdings Co., Ltd. (Japan), Murad UK Ltd. (United Kingdom), NeoCell Corporation (United States), Reserveage Nutrition, LLC (United States), Vemedia (Netherlands) and Vitabiotics Ltd (United Kingdom).

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Axiom Market Research & Consulting(TM) (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.

Axiom Market Research & Consulting(TM) offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, and Power & Energy.

Market research reports are based on scientifically developed statistics and content analytics tool 'Qual-Quant Data Model', in which various industry vertical's qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.

This release was published on openPR.