Nutricosmetics Global Market Report 2024

Description

“Nutricosmetics Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on nutricosmetics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for nutricosmetics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The nutricosmetics market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Capsules; Tablets; Softgels; Drinks; Powders; Gummies; Candies; Other Types
2) By Ingredients: Carotenoids; Vitamins; Omega 3 Fatty Acids; Other Ingredients
3) By Distribution Channel: Supermarkets And Hypermarkets; Online Pharmacies; Retail Pharmacies; Specialty Stores
4) By End-Use: Skincare; Haircare; Nailcare; Other End Users
Companies Mentioned: Suntory Holdings Limited; KORA Organics; Herbalife Nutrition Ltd.; Blackmores Limited; Beiersdorf AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Nurticosmetics are nutritional supplements aimed at enhancing the natural beauty of skin, nails, and hair. These supplements primarily tout anti-aging benefits, purportedly reducing wrinkles by neutralizing free radicals generated by sun exposure.

They come in various forms such as capsules, tablets, softgels, drinks, powders, gummies, and candies. Capsules, for instance, are small gelatine containers containing a specific medication dosage. Ingredients often include carotenoids, vitamins, omega-3 fatty acids, among others. These products are retailed through diverse channels such as supermarkets, online pharmacies, retail pharmacies, and specialty stores. They cater to multiple end-uses including skincare, haircare, nail care, and more.

The nutricosmetics market research report is one of a series of new reports from The Business Research Company that provides nutricosmetics market statistics, including nutricosmetics industry global market size, regional shares, competitors with a nutricosmetics market share, detailed nutricosmetics market segments, market trends and opportunities, and any further data you may need to thrive in the nutricosmetics industry. This nutricosmetics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The nutricosmetics market size has grown strongly in recent years. It will grow from $6.84 billion in 2023 to $7.51 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The expansion observed in the historical period was driven by regulatory shifts, endorsements from influencers and celebrities, ongoing market innovations, increased demand for anti-aging solutions, and the growing embrace of the "beauty from within" concept.

The nutricosmetics market size is expected to see strong growth in the next few years. It will grow to $10.51 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecasted period is linked to advancements in research and development, shifts in consumer lifestyles, the integration of digital marketing strategies, demographic changes such as an aging population, and a heightened focus on environmental sustainability. Key trends expected in this period encompass an emphasis on transparency and trust, the rise of personalized nutrition approaches, increased digital influence, tailored beauty solutions, ongoing product innovation, and the implementation of AI-based solutions.

The anticipated growth in the nutricosmetics market is propelled by heightened consumer awareness regarding skin and hair issues. Skin problems encompass various conditions causing rashes, inflammation, or itching, while hair problems include scalp issues and hair loss. Consumers' increased consciousness about these concerns leads to a greater inclination towards nutricosmetics-scientifically backed oral supplements promoting skin health and beauty. Notably, sales trends from January 2021, as shared by Automat.ai, reveal a 13% increase in skincare product sales compared to a 1% rise in makeup sales. Online beauty merchants experienced a 24% growth, predominantly driven by skincare sales, signifying the growing influence of skin and hair concerns on the nutricosmetics market.

The expanding segment of the aging population is a significant driver behind the nutricosmetics market's growth. As the proportion of elderly individuals grows globally, the adoption of nutricosmetics among this demographic rises. These supplements become integral to their beauty and wellness routines, addressing age-related skin concerns and complementing traditional skincare practices. Data from the World Health Organization and the UK Parliament's House of Commons Library indicate a notable surge in the elderly population globally and in the UK, underlining the pivotal role of the aging populace in propelling the nutricosmetics market.

Innovations in product development stand as a prominent trend shaping the nutricosmetics market's growth trajectory. Key industry players are dedicated to crafting innovative offerings to fortify their market presence. For instance, Neutrogena's January 2023 launch of Nourished x Neutrogena Skin360 SKINSTACKS exemplifies this trend. Leveraging AI technology, this customized skin care supplement creates tailored 3D-printed gummies, addressing individual skin needs based on the user's selfies and skincare goals. The technology analyzes skin metrics such as smoothness, luminosity, and fine lines, providing a personalized blend of nutrients to address specific skin concerns, showcasing the innovative strides within the nutricosmetics sector.

Major players in the nutricosmetics market focus on launching products, such as Herbalife SKIN LycoGlow, meeting the burgeoning consumer demand for comprehensive skincare solutions. Herbalife Skin LycoGlow, introduced in June 2021, is a plant-based supplement enriched with natural extracts such as tomato and rosemary, offering antioxidant protection against free radicals. This product's emphasis on plant-powered skincare resonates with consumers seeking ingestible skincare solutions, catering to the evolving demand for holistic and natural-based skincare regimes.

In May 2021, Seppic, a subsidiary of the Air Liquide group and a leading supplier of specialty chemical products for health and wellness, acquired EPI France for an undisclosed amount. This strategic acquisition significantly bolsters Seppic's position in the cosmetics sector, specifically enhancing its capabilities in botanical extraction and quality components provision for the nutricosmetics and beauty care industries. EPI France, a renowned manufacturer of natural active ingredients catering to the nutricosmetics and beauty care sectors, aligns seamlessly with Seppic's goals of expanding its offerings and expertise in this specialized market segment.

Major companies operating in the nutricosmetics market report are Suntory Holdings Limited, KORA Organics, Herbalife Nutrition Ltd., Blackmores Limited, Beiersdorf AG, Amway Corporation, Fit Glow Healthcare Private Limited, BASF SE, Vitabiotics, GliSODin, GlaxoSmithKline plc, Functionalab Inc., Activ'Inside, Cantabria Labs, GNC Holdings Inc., Koninklijke DSM N.V., Pfizer Inc., Lonza Group AG, Lucas Meyer Cosmetics S.A.S., Borba Inc., Sabinsa Corporation, Nutrilo GmbH, Solgar Inc., Nestle S.A.T, L'Oreal SA, Cargill Incorporated, The Coca-Cola Company, E.I. Du Pont De Nemours, Vital Proteins LLC, HUM Nutrition Inc., NV Perricone LLC, Murad LLC

North America was the largest region in the nutricosmetics market in 2023. The regions covered in the nutricosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the nutricosmetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The nutricosmetics market consists of sales of plant extracts, curcumin, prebiotics, and probiotics. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11963

1. Executive Summary

2. Nutricosmetics Market Characteristics

3. Nutricosmetics Market Trends And Strategies

4. Nutricosmetics Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Nutricosmetics Market Size and Growth

5.1. Global Nutricosmetics Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Nutricosmetics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Nutricosmetics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Nutricosmetics Market Segmentation

6.1. Global Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Capsules
Tablets
Softgels
Drinks
Powders
Gummies
Candies
Other Types
6.2. Global Nutricosmetics Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Carotenoids
Vitamins
Omega 3 Fatty Acids
Other Ingredients
6.3. Global Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Supermarkets And Hypermarkets
Online Pharmacies
Retail Pharmacies
Specialty Stores
6.4. Global Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Skincare
Haircare
Nailcare
Other End Users

7. Nutricosmetics Market Regional And Country Analysis

7.1. Global Nutricosmetics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Nutricosmetics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Nutricosmetics Market

8.1. Asia-Pacific Nutricosmetics Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Nutricosmetics Market

9.1. China Nutricosmetics Market Overview
9.2. China Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Nutricosmetics Market

10.1. India Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Nutricosmetics Market

11.1. Japan Nutricosmetics Market Overview
11.2. Japan Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Nutricosmetics Market

12.1. Australia Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Nutricosmetics Market

13.1. Indonesia Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Nutricosmetics Market

14.1. South Korea Nutricosmetics Market Overview
14.2. South Korea Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Nutricosmetics Market

15.1. Western Europe Nutricosmetics Market Overview
15.2. Western Europe Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Nutricosmetics Market

16.1. UK Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Nutricosmetics Market

17.1. Germany Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Nutricosmetics Market

18.1. France Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Nutricosmetics Market

19.1. Italy Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Nutricosmetics Market

20.1. Spain Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Nutricosmetics Market

21.1. Eastern Europe Nutricosmetics Market Overview
21.2. Eastern Europe Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Nutricosmetics Market

22.1. Russia Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Nutricosmetics Market

23.1. North America Nutricosmetics Market Overview
23.2. North America Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Nutricosmetics Market

24.1. USA Nutricosmetics Market Overview
24.2. USA Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Nutricosmetics Market

25.1. Canada Nutricosmetics Market Overview
25.2. Canada Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Nutricosmetics Market

26.1. South America Nutricosmetics Market Overview
26.2. South America Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Nutricosmetics Market

27.1. Brazil Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Nutricosmetics Market

28.1. Middle East Nutricosmetics Market Overview
28.2. Middle East Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Nutricosmetics Market

29.1. Africa Nutricosmetics Market Overview
29.2. Africa Nutricosmetics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Nutricosmetics Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Nutricosmetics Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Nutricosmetics Market Competitive Landscape And Company Profiles

30.1. Nutricosmetics Market Competitive Landscape
30.2. Nutricosmetics Market Company Profiles
- 30.2.1. Suntory Holdings Limited
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. KORA Organics
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Herbalife Nutrition Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Blackmores Limited
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Beiersdorf AG
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Nutricosmetics Market Competitive Benchmarking

32. Global Nutricosmetics Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Nutricosmetics Market

34. Nutricosmetics Market Future Outlook and Potential Analysis

34.1 Nutricosmetics Market In 2028 - Countries Offering Most New Opportunities
34.2 Nutricosmetics Market In 2028 - Segments Offering Most New Opportunities
34.3 Nutricosmetics Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer