Nutricosmetics Market by Form, Ingredient, Distribution Channel, Application

List of Tables

The Nutricosmetics Market was valued at USD 27.59 billion in 2023, expected to reach USD 31.98 billion in 2024, and is projected to grow at a CAGR of 16.93%, to USD 82.52 billion by 2030.

The scope of nutricosmetics, a segment at the intersection of nutrition and cosmetics, revolves around ingestible products designed to enhance beauty and personal care. These include supplements, drinks, and foods enriched with nutrients like vitamins, antioxidants, and peptides, which are claimed to improve skin, hair, and nail health. The necessity of nutricosmetics stems from increasing consumer awareness of holistic beauty and an inclination towards preventive health and wellness solutions. Their application spans across skincare, haircare, and nail care, serving a wide range of end-users from young adults looking for preventive care to older consumers seeking anti-aging benefits.

KEY MARKET STATISTICS
Base Year [2023]	USD 27.59 billion
Estimated Year [2024]	USD 31.98 billion
Forecast Year [2030]	USD 82.52 billion
CAGR (%)	16.93%

Market growth in nutricosmetics is driven by factors such as the rising demand for non-invasive beauty solutions, an aging global population, and a growing trend of personalized beauty. Additionally, increased disposable incomes and expanding digital platforms facilitate broader consumer access and education, further propelling market expansion. However, challenges such as regulatory hurdles, potential side effects, and lack of standardized efficacy benchmarks constrain market growth. Moreover, skepticism about product claims and relatively high costs might deter consumer adoption.

Key opportunities in this market include developing innovative product formulations with natural or organic ingredients and leveraging technology for process optimization, such as using artificial intelligence to offer personalized nutricosmetic solutions. Collaboration with dermatologists and nutritionists could foster credibility and boost consumer trust. Moreover, promoting diversity and inclusivity by addressing specific concerns of different demographics can expand market reach.

Innovation could flourish in areas such as developing multifunctional nutricosmetics and eco-friendly packaging, as well as integrating advanced scientific research to back product claims. The competitive yet dynamic nature of the market, with numerous emerging players, emphasizes the importance of distinguishing product lines through unique selling propositions and strategic marketing. Manufacturers should focus on rigorous scientific validation and transparent communication to effectively navigate this nascent yet promising frontier of beauty and wellness.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Nutricosmetics Market

The Nutricosmetics Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Growing various skin & hair problems among the population worldwide
- Elderly population growth and consumer inclination toward preventive health management practices
Market Restraints
- Lack of consumer awareness and negative effects associated with nutricosmetics
Market Opportunities
- Effective marketing and positioning of nutricosmetics
- Introduction of innovative and natural nutricosmetics
Market Challenges
- Unstructured regulations and lack of experimental evidence for nutricosmetics

Porter's Five Forces: A Strategic Tool for Navigating the Nutricosmetics Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Nutricosmetics Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Nutricosmetics Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Nutricosmetics Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Nutricosmetics Market

A detailed market share analysis in the Nutricosmetics Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Nutricosmetics Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Nutricosmetics Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Nutricosmetics Market, highlighting leading vendors and their innovative profiles. These include Solutex GC S.L., HUM Nutrition Inc., Nestle S.A., Abbott Laboratories, NOW Foods, Herbalife Nutrition Ltd., Blackmores Limited, Rioja Nature Pharma, S.L., SAS FLOREVE, KYOWA HAKKO BIO Co., Ltd., KORA Organics by Miranda Kerr Pty Ltd., BASF SE, Huisong, mindbodygreen, LLC, Industrial Farmaceutica Cantabria, SA, Purify Life, Functionalab, Seppic S.A., Pro Labo Holdings Co., Ltd., Gowelnext Solutions P Ltd., Novasep Holding SAS, Sabinsa Corporation, BosleyMD, Bestvite, BeBodywise, Koninklijke DSM N.V., Unilever plc, D-Lab Nutricosmetics, Givaudan International SA, Gelita AG, GNC Holdings, Inc., Biocyte SAS, H&H Group, Deyang HUATAI Biopharm Resource Co., Ltd., Vitabiotics Ltd, VEGAMOUR, INC., Amway Corporation, Grupo Cantabria Labs, OMNIPOTENT S PHARMACEUTICALS, and Nutraceutical Wellness, Inc..

Market Segmentation & Coverage

This research report categorizes the Nutricosmetics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Form, market is studied across Beauty Beverages & Drinks, Capsule, Gummies or Chewable, Liquid, Powder, and Tablet.
Based on Ingredient, market is studied across Carotenoids, Omega 3 Fatty Acids, and Vitamins.
Based on Distribution Channel, market is studied across Direct Sales, Online, and 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.
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 report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-43395F955F60

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing various skin & hair problems among the population worldwide
  - 5.1.1.2. Elderly population growth and consumer inclination toward preventive health management practices
- 5.1.2. Restraints
  - 5.1.2.1. Lack of consumer awareness and negative effects associated with nutricosmetics
- 5.1.3. Opportunities
  - 5.1.3.1. Effective marketing and positioning of nutricosmetics
  - 5.1.3.2. Introduction of innovative and natural nutricosmetics
- 5.1.4. Challenges
  - 5.1.4.1. Unstructured regulations and lack of experimental evidence for nutricosmetics
5.2. Market Segmentation Analysis
- 5.2.1. Ingredient: Increasing demand for Omega 3 fatty acids in the nutricosmetics sector
- 5.2.2. Distribution Channel: Growing online distribution channel owing to increasing digitization of consumer shopping habits
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental
5.5. Client Customization
- 5.5.1. Consumer Preference & Trends

6. Nutricosmetics Market, by Form

6.1. Introduction
6.2. Beauty Beverages & Drinks
6.3. Capsule
6.4. Gummies or Chewable
6.5. Liquid
6.6. Powder
6.7. Tablet

7. Nutricosmetics Market, by Ingredient

7.1. Introduction
7.2. Carotenoids
7.3. Omega 3 Fatty Acids
7.4. Vitamins

8. Nutricosmetics Market, by Distribution Channel

8.1. Introduction
8.2. Direct Sales
8.3. Online
8.4. Retail Sales

9. Nutricosmetics Market, by Application

9.1. Introduction
9.2. Hair Care
9.3. Nail Care
9.4. Personal Care
9.5. Skin Care
- 9.5.1. Aging
- 9.5.2. Dry Skin
- 9.5.3. Face Care
- 9.5.4. Heel Care
- 9.5.5. Neck Care
9.6. Under-Eye Care

10. Americas Nutricosmetics Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Nutricosmetics Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Nutricosmetics Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Solabia Acquired Majority Stake In Bioactor
- 13.3.2. HUL is Expected to Acquire Wellbeing Nutrition and Conscious Food
- 13.3.3. Dechert Advises Havea in its Exclusive Negotiations for the Acquisition of Biocyte
- 13.3.4. ActivInside Received the U.S. Patent For Saffron Extract
- 13.3.5. Osavi-S-Omega-3-Oils Development For Achieving An Optimum Index
- 13.3.6. Gelita's Starch-Free Gelatin Set To Shake Up Fortified Gummy Supplements Market
- 13.3.7. Givaudan to Acquire Portfolio of Major Cosmetic Ingredients from Amyris
- 13.3.8. Sabinsa Crosses 400-Patent Milestone
- 13.3.9. Amway India Relaunches Artistry As Artistry Skin Nutrition
- 13.3.10. Beiersdorf And Natracare Respond to Ec's Micro-Polluter-Pay Measure for Protecting Clean Water
- 13.3.11. Tosla Nutricosmetics Discusses Collagen Masking Technology
- 13.3.12. Kyowa Hakko postbiotic Featured in New Green Launch
- 13.3.13. Bioiberica Expands Nutricosmetics Market with Beauty-From-Within Dermal Debut
- 13.3.14. Nykaa Reveals Strategic Investments in Clean Beauty, Athleisure and More

Companies Mentioned

1. Solutex GC S.L.
2. HUM Nutrition Inc.
3. Nestle S.A.
4. Abbott Laboratories
5. NOW Foods
6. Herbalife Nutrition Ltd.
7. Blackmores Limited
8. Rioja Nature Pharma, S.L.
9. SAS FLOREVE
10. KYOWA HAKKO BIO Co., Ltd.
11. KORA Organics by Miranda Kerr Pty Ltd.
12. BASF SE
13. Huisong
14. mindbodygreen, LLC
15. Industrial Farmaceutica Cantabria, SA
16. Purify Life
17. Functionalab
18. Seppic S.A.
19. Pro Labo Holdings Co., Ltd.
20. Gowelnext Solutions P Ltd.
21. Novasep Holding SAS
22. Sabinsa Corporation
23. BosleyMD
24. Bestvite
25. BeBodywise
26. Koninklijke DSM N.V.
27. Unilever plc
28. D-Lab Nutricosmetics
29. Givaudan International SA
30. Gelita AG
31. GNC Holdings, Inc.
32. Biocyte SAS
33. H&H Group
34. Deyang HUATAI Biopharm Resource Co., Ltd.
35. Vitabiotics Ltd
36. VEGAMOUR, INC.
37. Amway Corporation
38. Grupo Cantabria Labs
39. OMNIPOTENT S PHARMACEUTICALS
40. Nutraceutical Wellness, Inc.