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Global Beauty Ingestible Market Trends, Industry Competition Analysis, Revenue and Forecast to 2030
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According to the latest research by InsightAce Analytic, the global beauty ingestible market is expected to grow at a rapid pace during a forecast period. By region, Europe is expected to dominate the market. Beauty ingestible contain vitamins & minerals, supplements, co-enzymes, powders, and drinks consumed orally for nourishing the body from the inside out. These ingestible combat vitamin deficiencies and external concerns such as acne, aging and promote healthier skin, hair, and overall wellness. It’s a customizable regimen in terms of lifestyle and fitness.
Factors such as the technological advancements in beauty industries, increasing people preference toward personal healthcare, growing elderly population, high prevalence of skin and lifestyle diseases such as eczema and acne, growing demand for beauty ingestible care products combined with vitamins & minerals, carotenoid, co-enzymes, collagen, and others bioactive ingredients, the availability of personalized nutritional and beauty supplements as per skin conditions, rising R&D initiatives to develop ingestible skincare products are projected to compel the market growth during the forecast years. Growing consumer awareness regarding personal care & changing lifestyle patterns has fueled the demand for beauty ingestible supplements, likely to stimulate market adoption in the forthcoming years.
However, the high cost of beauty ingestible supplements or products and few side effects associated with these products are expected to hinder the market augmentation over the forecast period.
Geographically, North America had the largest revenue share of this market in 2020 and is anticipated to continue its trend over the forecast years due to the growing healthcare awareness and increasing healthcare expenditure in this region. Asia-Pacific is also projected to be the fastest-growing region of this market in the next few years owing to the well-established healthcare infrastructure, high prevalence of hair and skin problems, and health-conscious consumers.
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Major market players operating in the beauty ingestible market include EVOLUTION_18 (US), The Nue Co. (US), Wellpath (US), Ceramiracle (Malaysia), Apothékary LLC (US), Wholy Dose (US), BEND BEAUTY (Canada), Tula Skincare (US), HUM Nutrition Inc. (US), Ritual (US), The Detox Market (US), Vital Proteins LLC (US), The Beauty Chef (Australia), ProPlenish (Australia), Nature's Bounty, Inc. (US), among others.
Some of the key developments in the market:
• In September 2021, EVOLUTION_18 (US), the wellness brand, launched Beauty Bites, functional gourmet chocolates formulated by Brooklyn-born chocolatiers that are packed with biotin, collagen, and hyaluronic acid to strengthen skin, hair, and nails. Two flavors are available: Milk Chocolate Peanut Butter and Dark Chocolate Peanut Butter Crunch.
• In June 2021, Nature's Bounty (US) introduced its advanced hair, skin & nails jelly beans that include keratin and twice the amount of biotin as its original formula. The jelly beans contain no artificial flavors or sweeteners, are free of lactose and soy, and are made with a non-GMO formula.
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Market Segments
Global Beauty Ingestible Market, by Product Type, 2020-2030 (Value US$ Mn)
• Vitamins and Minerals
• Collagen
• Carotenoid
• Co-enzymes
• Others
Global Beauty Ingestible Market, by Application Type, 2020-2030 (Value US$ Mn)
• Skin Care
• Hair Care
• Weight Management
• Others
Global Beauty Ingestible Market, by End-users, 2020-2030 (Value US$ Mn)
• Drug Stores/Pharmacies
• Supermarkets/Hypermarkets
• Specialist Stores
• Online Stores
• Others
Global Beauty Ingestible Market, by Region, 2020-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Beauty Ingestible Market, by Country, 2020-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Beauty Ingestible Market, by Country, 2020-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Beauty Ingestible Market, by Country, 2020-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Beauty Ingestible Market, by Country, 2020-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Beauty Ingestible Market, by Country, 2020-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global beauty ingestible market
To receive an industry overview and future trends of the beauty ingestible market
To analyze the beauty ingestible market drivers and challenges
To get information on the beauty ingestible market value (US$ Mn) forecast to 2030
Major investments, mergers & acquisitions in the beauty ingestible market industry
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