Press release
Global Beauty Drinks Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2027: Kinohimitsu-Global and Tru Inc. are key players.
The Global Beauty Drinks Market is expected to grow at a CAGR of 8.33% to reach a market size worth US$1,269.732 million by 2027.The key factor contributing to the global beauty drinks market expansion is the rising demand for nutricosmetics. In addition, there is booming demand from women to enhance their beauty. Moreover, rising disposable income, rapid urbanization, and growing beauty drinks awareness are driving the growth of the global beauty drinks market. However, the high cost and lack of scientific evidence regarding the benefits of beauty drinks are some of the challenges.
The beauty drinks market has been witnessing growth due to the rising popularity of holistic beauty approaches and nutricosmetics among consumers.
Beauty drinks are nutraceutical beverages with various beauty and well-being-enhancing benefits. These beneficial properties include natural skin glow, anti-aging, improved skin texture and quality, and preventing of acne and lightening scars and pigmentation. Beauty drinks blend ingredients that help skin revive its glow and fight skin aging. They contain ingredients such as fruits & vegetables, antioxidants, vitamins, amino acids, adaptogens, and collagen. Shifting consumer trends towards holistic beauty approaches have led to a massive surge in demand for nutricosmetics products such as beauty drinks. In addition, busy lifestyles, hectic work schedules, rising disposable income, and rapid urbanization have supported the beauty drinks market's growth.
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The global market for beauty drinks is segmented into type of beauty drink, application, and geography.
Based on the type of beauty drinks, the market is categorized into Vitamins, Protein & Collagen, Fruit Extracts, and Minerals. The protein and collagen segment is expected to hold a significant market share among all these mentioned above. Collagen is a protein found in bones, muscles, skin, and other bodily tissues. It aids in the strengthening and hydration of the skin. Several studies and research have demonstrated that collagen peptides help reduce skin aging by minimizing wrinkles and dryness, driving the popularity of collagen-related beauty drinks.
The application-wise segmentation of the beauty drinks market includes Anti-Ageing, Detoxicating, Radiance, and Vitality. According to the analysis, the anti-aging application segment is expected to have a significant market share during the forecasted period. Growth in consumer demand for anti-aging products is the primary factor driving demand in this segment. Companies in the field of nutricosmetics worldwide are investing heavily in R&D operations. They are developing various anti-aging beauty drinks to meet the growing consumer demand.
The beauty drinks market is divided geographically into North America, South America, the Middle East and Africa, Europe, and Asia Pacific. Out of all the geographical regions North American region is expected to have a significant market share in the global beauty drinks market. North American consumers are highly concerned about their skin health, hair loss issues, and overall general well-being. They are looking for convenient ways to safely and naturally treat these skin problems without any side effects safely and naturally. As a result, various businesses in the beauty space are targeting these customers and launching products like beauty drinks to help them. Endorsements by celebrities and social media influencers such as Katy Perry and Miranda Kerr also boost demand in this region. In addition, the prevalence of key market players in countries such as the United States spurs the growth of the beauty drinks market in this region.
The major global beauty drink market players are Kinohimitsu-Global, Hangzhou Nutrition Biotechnology Co., Ltd, Juice Generation, Feed Your Skin JV, S.L., Reneva LLC, Rejuvenated Ltd, Auric and Tru Inc.
This Global Beauty Drinks Market has been analyzed into the following segments:
• By Type
o Vitamins
o Protein or Collagen
o Fruit Extracts
o Minerals
• By Application
o Anti-aging
o Detoxicating
o Radiance
o Vitality
• By Geography
o North America
• U.S
• Canada
• Others
o South America
• Brazil
• Others
o Europe
• United Kingdom
• Germany
• France
• Others
o Middle East and Africa
o Asia Pacific
• China
• Japan
• India
• Others
Related Reports:
• https://www.knowledge-sourcing.com/report/global-energy-drink-market
• https://www.knowledge-sourcing.com/report/fermented-drinks-market
• https://www.knowledge-sourcing.com/report/global-squash-drinks-market
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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