According to IMARC Group’s latest report, titled “Nutricosmetics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global nutricosmetics market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 8% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Nutricosmetics refer to nutritional supplements that are manufactured using vitamins, minerals, amino acids, botanical extracts, and antioxidants. They help in the absorption of nutrients into the bloodstream and circulate them throughout the body to vitalize the natural production of essential molecules. Nutricosmetics also nourish the skin from within, maintain a healthy skin renewal rate, protect the skin from environmental stressors, and control biochemical reactions that can lead to skin aging.
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Market Trends
The global nutricosmetics market is primarily driven by the growing consumer consciousness towards physical appearance and the escalating demand for natural beauty products. Furthermore, nutricosmetics provide targeted and sustainable effects on the overall health and appearance of the skin, hair and nails, thereby experiencing a high demand. Additionally, the rising prevalence of premature skin aging due to hectic work schedules and unhealthy dietary patterns is also propelling the demand for nutricosmetics. Apart from this, the growing availability of nutricosmetics across both online and offline retail channels will continue to further drive the global market in the coming years.
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List of Key Companies Covered in this Market Report:
- Amway
- BASF SE
- Bayer AG
- Beiersdorf (Maxingvest AG)
- Blackmores Ltd.
- Herbalife Nutrition Ltd.
- Otsuka Holdings Co. Ltd
- Pfizer Inc (NYSE: PFE)
- Reckitt Benckiser
- Suntory Holdings Limited (Kotobuki Realty Co. Ltd.)
The report has segmented the market on the basis of ingredient, product, distribution channel and geography.
Breakup by Ingredient:
- Carotenoids
- Omega-3
- Vitamins
- Others
Breakup by Product:
- Skin Care
- Hair Care
- Weight Management
- Others
Breakup by Distribution Channel:
- Drug Stores/Pharmacies
- Supermarkets and Hypermarkets
- Specialist Stores
- Online Stores
- Others
Breakup by Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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