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Nutricosmetics Market worth $82.52 billion by 2030, growing at a CAGR of 16.93% - Exclusive Report by 360iResearch
Nutricosmetics Market | 360iResearch
The Global Nutricosmetics Market to grow from USD 27.59 billion in 2023 to USD 82.52 billion by 2030, at a CAGR of 16.93%.
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Nutricosmetics help improve nail health, making them stronger and healthier with essential antioxidants and elements, including vitamins, plant extracts, curcumin, prebiotics, and probiotics. Nutricosmetics are wellness products that optimize the action of traditional cosmetics and are also considered an ideal nutritional supplement for a balanced dietary plan and an overall healthy lifestyle. Nutricosmetics contain micronutrients such as vitamin C, vitamin A, zinc, and biotin, which are crucial for healthy skin. Moreover, consumers' increased awareness about health and wellness and various initiatives toward preventive health management increased the utilization of nutricosmetics. As per the Australian Journal of General Practice, female pattern hair loss is considered a significant cause of female alopecia, affecting around 49% of women at some point. However, adverse effects and stringent regulations associated with nutricosmetics impede their adoption. In addition, new product launches and developments in nutricosmetics and companies focus on strengthening their online presence by collaborating with third-party online retailers, further contributing to the development of nutricosmetics.
America showcases a significant share and advanced market for nutricosmetics attributed to the aging population and increasing spending on skin care. The increasing product promotion and awareness through social media across major developed economies support the growth of nutricosmetics product penetration. In Asia-Pacific and Europe, the nutricosmetics market has been influenced by a growing desire among consumers for skin and hair care, particularly to prevent premature skin aging. In addition, consumer preference for natural, safe, and effective beauty solutions is boosting the sales of nutricosmetics products in these regions. The emphasis of several European manufacturers on developing innovative and natural nutricosmetics is expected to fuel the market growth.
Market Segmentation & Coverage:
This research report categorizes the Nutricosmetics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Form, market is studied across Beauty Beverages & Drinks, Capsule, or Chewable, Liquid, Powder, and Tablet. The Capsule commanded largest market share of 28.28% in 2023, followed by Chewable.
Based on Ingredient, market is studied across Carotenoids, Omega 3 Fatty Acids, and Vitamins. The Omega 3 Fatty Acids commanded largest market share of 34.51% in 2023, followed by Vitamins.
Based on Distribution Channel, market is studied across Direct Sales, Online, and Retail Sales. The Direct Sales commanded largest market share of 48.54% in 2023, followed by Retail Sales.
Based on Application, market is studied across Hair Care, Nail Care, Personal Care, Skin Care, and Under-Eye Care. The Skin Care is further studied across Aging, Dry Skin, Face Care, Heel Care, and Neck Care. The Skin Care commanded largest market share of 34.26% in 2023, followed by Hair Care.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 42.11% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Nutricosmetics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Nutricosmetics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Nutricosmetics Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Amway Corporation, BASF SE, BeBodywise, Bestvite, Biocyte SAS, Blackmores Limited, BosleyMD, D-Lab Nutricosmetics, Deyang HUATAI Biopharm Resource Co., Ltd., Functionalab, Gelita AG, Givaudan International SA, GNC Holdings, Inc., Gowelnext Solutions P Ltd., Grupo Cantabria Labs, H&H Group, Herbalife Nutrition Ltd., Huisong, HUM Nutrition Inc., Industrial Farmacéutica Cantabria, SA, Koninklijke DSM N.V., KORA Organics by Miranda Kerr Pty Ltd., KYOWA HAKKO BIO Co., Ltd., mindbodygreen, LLC, Nestle S.A., Novasep Holding SAS, NOW Foods, Nutraceutical Wellness, Inc., OMNIPOTENT S PHARMACEUTICALS, Pro Labo Holdings Co., Ltd., Purify Life, Rioja Nature Pharma, S.L., Sabinsa Corporation, SAS FLORÊVE, Seppic S.A., Solutex GC S.L., Unilever plc, VEGAMOUR, INC., and Vitabiotics Ltd.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Nutricosmetics Market, by Form
7. Nutricosmetics Market, by Ingredient
8. Nutricosmetics Market, by Distribution Channel
9. Nutricosmetics Market, by Application
10. Americas Nutricosmetics Market
11. Asia-Pacific Nutricosmetics Market
12. Europe, Middle East & Africa Nutricosmetics Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Nutricosmetics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Nutricosmetics Market?
3. What is the competitive strategic window for opportunities in the Nutricosmetics Market?
4. What are the technology trends and regulatory frameworks in the Nutricosmetics Market?
5. What is the market share of the leading vendors in the Nutricosmetics Market?
6. What modes and strategic moves are considered suitable for entering the Nutricosmetics Market?
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