Nutricosmetics Industry Report Innovations Driving Market Lucrative Growth USD 17.4Bn By 2031 | Most Leading Companies - Gelita AG, Functionalab, Herbalife Nutrition, Amway, Lucas Meyer Cosmetics, Vitabiotics Ltd

The Global Nutricosmetics Market reached USD 8.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 17.4 billion by 2031. The market is growing at a CAGR of 9.3% during the forecast period 2024-2031.

Nutricosmetics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Nutricosmetics are nutritional supplements specifically formulated to support and enhance the health and appearance of the skin, hair, and nails from within. These products typically contain ingredients such as collagen, vitamins, minerals, antioxidants, and botanical extracts that work internally to promote beauty benefits like anti-aging, hydration, elasticity, and overall skin vitality.

List of the Key Players in the Nutricosmetics Market:

Gelita AG, Functionalab, Herbalife Nutrition, Amway, Lucas Meyer Cosmetics, Vitabiotics Ltd., Origo Cosmeceuticals Private Ltd, GNC Holdings Inc, Sabinsa Cosmetics, Robis S.L.

Industry Development:

On March 30, 2023, Symrise introduced a new range under its Diana food bioactive line, designed for beauty-from-within products. The line includes solutions aimed at anti-aging, skin-brightening, and enhancing hair and nail care.

On April 21, 2023, Biosil announced the launch of several new products in the U.S., including Biosil Advanced Hair and Nail Care, Biosil Collagen Generator Plus, and Biosil Healthy Aging. These products support hair, skin, and nail health, as well as healthy metabolism. They are available in over 1,800 Walmart stores and online through Biosil.beauty.

On January 3, 2023, Neutrogena unveiled a groundbreaking innovation using 3D-printed technology for beauty supplements. Leveraging AI and 3D tech, the skincare giant is making its mark in the rapidly growing $3.3 billion beauty vitamin market.

Growth Forecast Projected:

The Global Nutricosmetics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Nutricosmetics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Nutricosmetics Market:

By Type: Supplements, Functional Food and Beverages

By Application: Skincare, Haircare, Nailcare

By Ingredient; Vitamins, Carotenoids, Omega 3 Fatty Acids, Collagen Peptides, Probiotics, Others

Regional Analysis for Nutricosmetics Market:

The regional analysis of the Nutricosmetics Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Nutricosmetics market?

➠ Who are the leading manufacturers in the global Nutricosmetics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Nutricosmetics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Nutricosmetics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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