Nutricosmetics Market Report 2022-2027, Size, Share, Growth, Trends and Forecast

According to IMARC Group's latest report, titled "Nutricosmetics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global nutricosmetics market reached a value of US$ 6.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2027, exhibiting a CAGR of 7.25% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Nutritional supplements known as nutricosmetics are created utilising botanical extracts, minerals, vitamins, antioxidants, and amino acids. They aid in the absorption of nutrients and active chemicals into the bloodstream where they are transported to promote the synthesis of vital molecules naturally. Additionally, they help to nourish the skin's texture, preserve a healthy rate of skin renewal, regulate biochemical processes to slow down skin ageing, and shield the skin from damaging environmental elements.

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Market Trends

One of the major factors favourably affecting the sales of nutricosmetics via structured online retail channels around the world is the rising focus that people place on keeping their physical appearance, in conjunction with the expanding usage of social media platforms. In order to avoid any hazardous or chemical interference, some firms are also investing in the production of herbal formulations. In the next years, the market is expected to be driven by the growing emphasis of major industry participants on the introduction of multi-functional products that offer maintenance for the skin, hair, and nails.

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List of Key Companies Covered in this Market Report:

Amway
BASF SE
Bayer AG
Beiersdorf (Maxingvest AG)
Blackmores Ltd.
Herbalife Nutrition Ltd.
Otsuka Holdings Co. Ltd
Pfizer Inc (NYSE: PFE)
Reckitt Benckiser
Suntory Holdings Limited (Kotobuki Realty Co. Ltd.)

The report has segmented the market on the basis of ingredient, product, distribution channel and geography.

Breakup by Ingredient:

Carotenoids
Omega-3
Vitamins
Others

Breakup by Product:

Skin Care
Hair Care
Weight Management
Others

Breakup by Distribution Channel:

Drug Stores/Pharmacies
Supermarkets and Hypermarkets
Specialist Stores
Online Stores
Others

Breakup by Geography:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

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This release was published on openPR.