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Skin Health/Dermatology Functional Foods Market worth $5.94 billion by 2030, growing at a CAGR of 8.18% - Exclusive Report by 360iResearch
Skin Health/Dermatology Functional Foods Market | 360iResearch
The Global Skin Health/Dermatology Functional Foods Market to grow from USD 3.42 billion in 2023 to USD 5.94 billion by 2030, at a CAGR of 8.18%.
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Skin health and functional dermatology foods encompass a range of nourishing food products specifically designed to improve and optimize the overall health and visual appeal of the skin. These products typically contain vitamins, minerals, antioxidants, fatty acids, and other nutrients that protect the skin from environmental influences, including sun exposure. They can also aid in reducing inflammation and irritation of the skin, as well as providing natural hydration and protection from harsh elements. The popularity of these functional foods has been rising in recent years due to their capability to handle specific skin concerns, including acne, dryness, wrinkles, and discoloration, without causing any harmful side effects. The market for skin health functional foods is driven by rising awareness about preventive healthcare and increasing consumption of nutrient-enriched foods to improve overall health. High online product availability of functional foods has helped consumers stay in line with the changing beauty and wellness trends. However, limitations in the composition of skin health functional foods and their complex regulatory landscape can act as restraining factors. Technological advancements and research in skin health functional foods, as well as an emerging startup ecosystem focusing on marketing and advertising, are expected to create opportunities for market growth.
The EMEA region's skin health/dermatology functional foods market is expected to grow significantly, attributed to the tremendous spending power of the people and the major presence of key players operating in the market. Additionally, the wider product availability and increased online and offline channels for anti-aging functional foods are associated with the use of skin health/dermatology functional foods in the region. The ongoing product advancements and launch of bio-derived functional foods with supportive government approvals are expanding the availability of skin health/dermatology functional foods in the Americas. Moreover, the growing concerns and awareness towards skin conditions among the population are broadening the scope of skin health functional food in the Americas. According to the American Academy of Dermatology Association (AAD), acne is a common skin condition in the U.S., affecting up to 50 million Americans annually. The Asia-Pacific region contains several emerging economies with large population densities, which provides plenty of opportunities for the skin health/dermatology functional foods market to grow profusely.
Market Segmentation & Coverage:
This research report categorizes the Skin Health/Dermatology Functional Foods Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Indication, market is studied across Anti-Aging, Anti-Allergy, and Skin Conditions. The Anti-Allergy is projected to witness significant market share during forecast period.
Based on Type, market is studied across Fatty Acids, Fibers & Specialty Carbohydrates, Minerals, Phytochemicals & Plant Extracts, Prebiotics & Probiotics, Proteins & Amino Acids, and Vitamins. The Proteins & Amino Acids is projected to witness significant market share during forecast period.
Based on Source, market is studied across Nature-Derived Ingredients and Synthetic Ingredients. The Nature-Derived Ingredients is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is projected to witness significant market share during forecast period.
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 is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Skin Health/Dermatology Functional Foods 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 Skin Health/Dermatology Functional Foods 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 Skin Health/Dermatology Functional Foods Market, highlighting leading vendors and their innovative profiles. These include Affiliate Nutra, Amway Corporation, Archer Daniels Midland Company, Arla Foods amba, BASF SE, Botanic Healthcare Group, Cargill, Incorporated, Celmark International, Inc., Chr. Hansen Holding A/S, CJ wellcare, Danone S.A., DuPont de Nemours, Inc., FANCL Corporation, Feel Holdings Limited, Fermentis Life Sciences, Fridda Dorsch S.L., Glanbia PLC, Herbalife Nutrition Ltd., Ingredion Incorporated, Kao Corporation, Kemin Industries, Inc., Koninklijke DSM N.V., Lexicare Pharma Pvt. Ltd., MedicaNatumin AB, Natals, Inc., Nature's Bounty Co., Nestle SA, Norax Supplements, NOVOS Labs, Nuritas Limited, and Nutra Healthcare Private Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Skin Health/Dermatology Functional Foods Market, by Indication
7. Skin Health/Dermatology Functional Foods Market, by Type
8. Skin Health/Dermatology Functional Foods Market, by Source
9. Skin Health/Dermatology Functional Foods Market, by Distribution Channel
10. Americas Skin Health/Dermatology Functional Foods Market
11. Asia-Pacific Skin Health/Dermatology Functional Foods Market
12. Europe, Middle East & Africa Skin Health/Dermatology Functional Foods 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 Skin Health/Dermatology Functional Foods Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Skin Health/Dermatology Functional Foods Market?
3. What is the competitive strategic window for opportunities in the Skin Health/Dermatology Functional Foods Market?
4. What are the technology trends and regulatory frameworks in the Skin Health/Dermatology Functional Foods Market?
5. What is the market share of the leading vendors in the Skin Health/Dermatology Functional Foods Market?
6. What modes and strategic moves are considered suitable for entering the Skin Health/Dermatology Functional Foods Market?
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360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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