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Nutritional Serum Market Report, Size, Share, Growth, Trends, Industry Analysis, Forecast to 2033
Nutritional Serum Market
The new report published by The Business Research Company, titled Nutritional Serum Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the nutritional serum market size has grown strongly in recent years. It will grow from $5.84 billion in 2023 to $6.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The nutritional serum market size is expected to see strong growth in the next few years. It will grow to $8.87 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
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What Is Driving The Growth Of The Global Nutritional Serum Market?
Growing Focus on Personal Care and Beauty Propels Nutritional Serum Market Growth
The growing focus on personal care and beauty is expected to propel the growth of the nutritional serum market going forward. Personal care and beauty refer to practices and products focused on enhancing and maintaining an individual's appearance and hygiene. The focus on personal care and beauty is driven by consumer demand for self-care, grooming, and aesthetic enhancement products and services. Nutritional serums enhance personal care and beauty by directly delivering concentrated nutrients, vitamins, and antioxidants to the skin. They improve hydration, texture, and radiance while addressing dullness, aging, and uneven tone concerns. For instance, in October 2023, the Bureau of Labor Statistics, a US-based government agency, personal care products, and services saw a significant increase of 20.3% in 2022 from 19.3% in 2021. Therefore, the growing focus on personal care and beauty is driving the growth of the nutritional serum market.
What Is The Key Trend In The Global Nutritional Serum Market?
Major Companies Innovate In The Nutritional Serum Market With Advanced Vitamin Skincare Products
Major companies operating in the nutritional serum market are focused on developing innovative skincare products, such as Vitamin serums, to meet the growing consumer demand for targeted skincare solutions. Vitamin serums refer to skincare products that are formulated with high concentrations of vitamins, such as Vitamin C, Vitamin E, or Vitamin A, designed to target specific skin concerns like brightening, aging, and hydration. For instance, in July 2024, Galderma S.A., a Switzerland-based pharmaceutical company, launched Cetaphil Vitamin C Serum and Cetaphil Ceramide Serum. Cetaphil's Vitamin C Serum contains 3-O-ethyl ascorbic acid for antioxidant protection and dark spot reduction, while the Ceramide Serum uses ceramide, Centella Asiatica, and allantoin to repair and strengthen the skin barrier, offering 48-hour hydration and improved skin texture.
How Is The Global Nutritional Serum Market Segmented?
The nutritional serum market covered in this report is segmented -
1) By Type: Vitamin Serums, Antioxidant Serums, Hydrating Serums, Exfoliating Serums, Anti-Aging Serums, Brightening Serums, Anti-Acne Serums, Oil Control Serums, Skin-Tightening Serums, Other Types
2) By Skin Type: Dry Skin, Oily Skin, Normal Skin, Sensitive Skin
3) By Price: Low, Medium, High
4) By Distribution Channel: Online, Offline
5) By End Use: Men, Women
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How Is The Competitive Landscape Of The Global Nutritional Serum Market?
Major companies operating in the nutritional serum market are Procter & Gamble Company, Johnson & Johnson Services Inc., Unilever, L'Oréal S.A., Colgate-Palmolive, Estee Lauder Companies Inc., Beiersdorf AG, Shiseido Company Limited, Avon Products Inc., Coty Inc., Galderma S.A., Amorepacific Corporation, Mary Kay Inc., Nu Skin Enterprises, The Body Shop International Limited, KOSÉ Corporation, Revlon Inc., Melaleuca Inc., oung Living Essential Oils LC, Oriflame Holding AG, VLCC Health Care Limited, Natura Bisse International Inc., MamaEarth, Morrocanoil Inc., Tata Harper Skincare
Contents Of The Global Nutritional Serum Market
1. Executive Summary
2. Nutritional Serum Market Report Structure
3. Nutritional Serum Market Trends And Strategies
4. Nutritional Serum Market - Macro Economic Scenario
5. Nutritional Serum Market Size And Growth
…..
27. Nutritional Serum Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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