Wilmington, Delaware, United States, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global nutricosmetics market is estimated to flourish at a CAGR of 7.7% from 2022 to 2031. According to Transparency Market Research, sales of nutricosmetics are slated to total US$ 9.81 billion by the end of the aforementioned period of assessment.
Innovations in nutricosmetics highlight new functional ingredients, such as adaptogens and botanical extracts. These novel components target specific beauty concerns, fostering market growth by offering unique and specialized beauty solutions. Collaborative efforts between nutraceutical and beauty industries drive new product developments. Partnerships between brands, beauty experts, and wellness professionals spark unique formulations, expanding market offerings and diversifying beauty-from-within solutions.
Get Quick Sample PDF Of This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=377
Incorporation of digital health platforms and apps into nutricosmetic products enhances consumer engagement and compliance. The integration allows personalized recommendations, progress tracking, and interactive experiences, reshaping consumer interactions and experiences in the market.
Advancements in packaging technologies focus on sustainability and functionality. Eco-friendly and convenient packaging designs improve product appeal, attract environmentally conscious consumers, and drive brand differentiation in the nutricosmetics sector.
Key Findings of the Market Report
- Supplements lead the nutricosmetics market, offering diverse formulations and convenience in consumption for beauty-enhancing purposes.
- Skin care remains the leading primary function in the nutricosmetics market, driving demand for beauty-enhancing ingestible products and supplements.
- Medium prices ($50-$100) lead the nutricosmetics market, offering a balance between affordability and quality in beauty supplements.
Nutricosmetics Market Growth Drivers & Trends
- Increasing consumer preference for natural and holistic beauty solutions drives the demand for nutricosmetics, promoting beauty-enhancing supplements and ingestible beauty products.
- Growing interest in wellness and anti-aging drives the market, with consumers seeking nutricosmetics offering skincare benefits and overall health improvements.
- Ongoing R&D efforts focusing on efficacious formulations and clinically proven ingredients contribute to market growth, emphasizing scientifically backed nutricosmetic products.
- The rising demand for personalized beauty solutions drives the trend for tailor-made nutricosmetic products catering to individual skincare needs.
- Increasing consumer health consciousness fuels the demand for nutricosmetics, aligning with wellness trends and pursuing a healthy lifestyle.
Global Nutricosmetics Market: Regional Profile
- North America leads the market due to a health-conscious population and high disposable income. Key players like Nestlé and Pfizer dominate, offering innovative nutraceuticals and beauty supplements. The region's focus on natural ingredients and growing demand for beauty-from-within solutions fuels market growth.
- Europe showcases a robust market driven by a strong beauty and wellness culture. Companies like Croda International and GliSODin Skin Nutrients thrive in this region, emphasizing premium formulations and natural ingredients. Stringent regulations promote consumer trust and contribute to market expansion.
- Asia Pacific represents a burgeoning market due to rising disposable incomes and beauty consciousness. Companies like ExcelVite target this region, offering specialized nutricosmetics. Increasing urbanization and beauty trends drive market growth, presenting opportunities for personalized beauty supplements. The region's embrace of traditional ingredients in beauty products further influences market dynamics in nutricosmetics.
Get Customization Of The Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=377
Product Portfolio
- Blackmores Limited specializes in natural health solutions, offering vitamins, minerals, and herbal supplements. Their product portfolio includes a range of dietary supplements, skin care, and health products, focusing on wellness and holistic health through science-backed formulations and sustainable practices.
- Beiersdorf AG is a global skincare company renowned for its skincare brands like NIVEA and Eucerin. Their portfolio includes skincare, body care, and cosmetic products, emphasizing innovation, quality, and dermatological expertise for healthy skin solutions.
- REVIDERM AG is a leading skincare brand focusing on dermatological solutions and professional skincare treatments. Their product range includes specialized skincare formulations and equipment, offering high-quality cosmetics and treatment options for various skin concerns.
Nutricosmetics Market: Competitive Landscape
The nutricosmetics market showcases robust competition led by prominent players such as Nestlé, Pfizer, and Croda International. These key industry leaders dominate with innovative nutraceutical and skincare formulations, targeting beauty from within.
Emerging entrants like GliSODin Skin Nutrients and ExcelVite contribute to market competitiveness, focusing on natural ingredients and specialized beauty supplements. Intensified competition fosters strategic partnerships, product diversification, and research collaborations, emphasizing advanced formulations and market expansion.
The evolving landscape underscores the growing consumer interest in beauty-enhancing supplements, driving the competitive pursuit of global efficacious, scientifically-backed nutricosmetic solutions. Some prominent manufacturers are as follows:
- Herbalife International Inc.
- FIT & GLOW HEALTH CARE PVT LTD
- GLISODIN SKIN NUTRIENTS
- BASF
- Functionalab
- Activ'Inside
- Amway
- Blackmores Limited
- Beiersdorf AG
- REVIDERM AG
Nutricosmetics Market: Key Segments
By Product Type
- Supplements
- Tablet
- Capsule
- Powder
- Beauty Beverages/Drinks
By Primary Function
- Skin Care
- Sun Care
- Anti-aging
- Radiance and Glow
- Anti-Acne/Pimple
- Hair and Nail Care
- Weight Management
By Price
- Low (Up to 50$)
- Medium (50$-100$)
- High (Above 100$)
By Distribution Channel
- Online
- E-commerce Websites
- Company Websites
- Offline
- Health and Beauty Stores
- Specialty Stores
- Pharmacy Stores
By Region
- North America
- Europe
- Asia Pacific
- MEA
- South America
Get Exclusive Discount And Special Pricing: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=377
Browse More Related Reports by TMR:
Cinema Lenses Market- The global cinema lenses market is estimated to reach a value of US$ 2.47 Bn by the end of 2031, states assessment by Transparency Market Research (TMR). In addition, the study finds that the market for cinema lenses is expected to grow at a CAGR of 5.4% during the forecast period, from 2022 to 2031.
Fuel Card Market- In 2021, the value of global fuel card market stood at US$ 35.1 Bn. The global market is anticipated to progress at 5.6% CAGR during the forecast period, from 2022 to 2031. The global fuel card market is predicted to attain value of US$ 59.2 Bn 2031.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
