Nutricosmetics Market Is Expected To Reach US$ 8.2 Billion By 2033: Fact.MR Report

The global nutricosmetics market is poised for substantial growth, with projections indicating a rise from US$ 5 billion in 2023 to US$ 8.2 billion by the end of 2033, expanding at a Compound Annual Growth Rate (CAGR) of 5%.

The demand for supplements is expected to increase at a CAGR of 5.4%, driven by their numerous benefits for skin health, including the ability to smooth roughness and enhance elasticity.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5798

Nutricosmetics encompass products designed to provide nutritional support for skin, hair, and nail care. These products are formulated using natural ingredients such as bark extracts, fruits, oils, and seeds. Additionally, substances like coenzyme Q10, fruit extracts, and green tea are commonly utilized in the development of nutricosmetics.

Nutricosmetics, also known as specialist health and beauty products, incorporate nutraceutical ingredients that may contribute to overall health improvement. As orally ingestible nutricosmetics offer the potential to nourish hair and skin from within, consumer interest in these products continues to grow.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐫𝐞𝐧𝐝𝐬:

Rising Demand for Natural Beauty Solutions: Consumers are increasingly seeking natural and holistic approaches to skincare and beauty. Nutricosmetics offer a natural alternative to traditional skincare products by providing nutritional support for skin health from within. This trend is driven by growing awareness of the potential long-term benefits of nourishing the skin with vitamins, minerals, and antioxidants.

Convergence of Beauty and Wellness: There is a growing convergence between the beauty and wellness industries, with consumers recognizing the importance of holistic approaches to beauty that encompass both internal and external factors. Nutricosmetics bridge the gap between skincare and nutrition, offering products that promote beauty from the inside out.

Advancements in Nutritional Science: Ongoing advancements in nutritional science have led to the development of innovative ingredients and formulations in the nutricosmetics market. Manufacturers are incorporating bioactive compounds such as collagen peptides, antioxidants, and vitamins into their products to target specific skincare concerns and improve overall skin health.

Growing Aging Population: The global aging population is driving demand for anti-aging skincare solutions. Nutricosmetics offer a preventative approach to skincare by supporting collagen production, improving skin hydration, and reducing the appearance of fine lines and wrinkles. This demographic trend is expected to fuel the growth of the nutricosmetics market, particularly in regions with aging populations such as Europe and North America.

Increasing Awareness of Beauty from Within: Consumers are becoming more educated about the concept of beauty from within and the role that nutrition plays in skin health. As a result, there is growing interest in nutricosmetics as part of a holistic skincare routine. Social media influencers, celebrities, and beauty experts are also promoting the benefits of nutricosmetics, further driving consumer adoption.

Expansion of Distribution Channels: Nutricosmetics are becoming more accessible to consumers through various distribution channels, including online retailers, specialty beauty stores, pharmacies, and wellness centers. This expanded availability is making nutricosmetics more convenient for consumers to incorporate into their daily skincare regimens.

Regulatory Support and Safety Standards: Regulatory bodies are increasingly recognizing the importance of nutricosmetics and establishing safety standards and guidelines for their production and marketing. This regulatory support instills confidence in consumers and encourages further adoption of nutricosmetics as a safe and effective skincare solution.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• Nutrikosm
• Shiseido Co. Ltd.
• Amway
• GNC Holdings Inc.
• KORA ORGANICS
• Fit & Glow Healthcare Private Limited
• Herbalife Nutrition Ltd
• Blackmores Limited
• PurpleRock UTA Opco LLC
• GlaxoSmithKline PLC
• Suntory Holdings Limited
• Robinson Pharma Inc.
• Ashland Inc.
• Vitabiotics Company

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Key nutricosmetic manufacturers are providing smaller-sized product versions in compact packs due to the growing working population and individuals' hectic lifestyles. Top producers of nutricosmetics are constantly releasing new product lines to meet the burgeoning demand, which is expected to significantly fuel market expansion.

For instance,
• In 2020, SDIN launched SunISDIN Softgel capsules, which are a combination of vitamins, antioxidants, and essential minerals. Additionally, these capsules help fight photoaging, impede oxidative stress, and in keeping the skin healthy.
• A series of mix-in powdered supplements were introduced by Viviscal that are specially prepared with biotin and marine collagen to improve the health of both men's and women's hair.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐍𝐮𝐭𝐫𝐢𝐜𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• By Product :
o Supplements
o Beauty Beverages/Drinks

• By Ingredient :
o Carotenoids
o Vitamins
o Omega 3 Fatty Acids
o Others

• By Primary Function :
o Skin Care
o Hair and Nail Care
o Weight Management
o Multifunctional

• By Distribution Channel :
o Modern Trade
o Health and Beauty Stores
o Specialty Stores
o Pharmacy Stores
o e-Commerce

• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/nutricosmetics-market

𝐌𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭:

Color Cosmetics Market: https://www.factmr.com/report/64/color-cosmetics-market

Organic Hair Care Market: https://www.factmr.com/report/278/organic-haircare-market

Oral Health Ingredient Market: https://www.factmr.com/report/3467/oral-health-ingredients-market

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This release was published on openPR.