Future Perspective: Key Trends Shaping the Nutricosmetics Market Until 2030

The nutricosmetics market is rapidly evolving as consumers increasingly seek products that enhance beauty and wellness from within. This sector is set to experience substantial growth driven by innovations, shifting consumer preferences, and expanding distribution channels. Let's explore the market size, leading players, emerging trends, and segment insights shaping the nutricosmetics industry today.

Projected Growth Trajectory of the Nutricosmetics Market by 2030
The nutricosmetics market is anticipated to grow significantly over the next several years, reaching a value of $12.55 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 9.2%. Several factors contribute to this upward trend, including the increasing adoption of personalized nutrition solutions, a rising demand for comprehensive beauty products that target overall wellness, and the growing reach of online nutraceutical retail platforms. Additionally, the integration of biotechnology-derived ingredients and enhanced regulatory standardization of supplements are propelling this growth. Key market trends to watch include heightened demand for anti-aging nutricosmetic products, greater adoption of collagen-based supplements, the rise of personalized beauty nutrition programs, a focus on clinically supported ingredients, and the diversification of convenient dosage forms.

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Leading Corporations Influencing the Nutricosmetics Market
The nutricosmetics market features several prominent companies driving innovation and market presence. Some of the key players include Herbalife Nutrition Ltd., Blackmores Limited, Amway Corporation, Vitabiotics, Borba Inc., Vital Proteins LLC, HUM Nutrition Inc., NV Perricone LLC, Suntory Holdings Limited, GNC Holdings Inc., Solgar Inc., The Boots Company PLC, Shiseido Company Limited, Otsuka Holdings Co Ltd, Fancl Corporation, Meiji Holdings Co Ltd, DHC Corporation, Nature Made, Olly Public Benefit Corporation, and Swisse Wellness Pty Ltd.

A notable recent development occurred in April 2024 when Vector Consumer Ltd, a UK-based health and wellness brand builder, acquired Pura Collagen. This acquisition fits within Vector Consumer's broader strategy to expand its health product portfolio, which already includes brands such as SOLV and Liverpool FC's sports and wellness range. Pura Collagen is recognized for its innovative contributions to the nutricosmetics segment, strengthening Vector's footprint in this growing market.

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Emerging Trends Highlighting Innovation in Nutricosmetics
Nutricosmetic companies are increasingly focusing on the development of bioactive ingredients that offer holistic skin health and wellness benefits. Bioactives, which are naturally occurring compounds derived from plants, animals, or microorganisms, have biological effects on living tissues and are gaining traction among consumers seeking natural yet effective beauty solutions.

For example, in March 2023, Germany-based chemical company Symrise AG unveiled a new line of bioactives under its Diana Food brand within the "Beauty from Within" product range. This expansion addresses consumer demands for natural nutricosmetics targeting skin conditioning, anti-aging, skin brightening, as well as hair and nail care. Key ingredients such as collagen type I, vitamin C sourced from acerola, and polyphenols from fruits like apples and berries aim to improve skin elasticity, reduce wrinkles, protect against photodamage, and support hair and nail health.

Detailed Market Segmentation and Forecast for Nutricosmetics
The global nutricosmetics market is segmented into several categories based on product type, ingredients, distribution channels, and end-use applications.

By product type, the market includes capsules, tablets, softgels, drinks, powders, , and other formats.
Ingredient segments cover carotenoids, vitamins, omega-3 fatty acids, and other components.
Distribution channels are divided into supermarkets and hypermarkets, online pharmacies, retail pharmacies, and specialty stores.
End-use applications consist of skincare, haircare, nailcare, and other users.

Further sub-segments within product types detail specific offerings such as beauty and anti-aging capsules; skin health and hair growth tablets; collagen and vitamin E softgels; collagen and herbal beauty drinks; collagen and vitamin C powders; biotin and multivitamin ; as well as beauty shots and liquid sachets. This detailed segmentation reflects the diversity and specialization flourishing within the nutricosmetics industry.

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This release was published on openPR.