Nutricosmetics Global Market Report 2023: Changing Landscape of Skin Care Presents Opportunities

Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The "Nutricosmetics: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Nutricosmetics Market to Reach $5.1 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Nutricosmetics estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030. Skin Care, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$2.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hair & Nail Care segment is readjusted to a revised 2.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 4.9% CAGR

The Nutricosmetics market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$653.2 Million by the year 2030.

Select Competitors (Total 18 Featured) -

• BASF SE
• Frutarom Industries Ltd.
• Frutels LLC
• Functionalab
• GliSODin Skin Nutrients
• Inneov
• Lonza Group Ltd.
• LycoRed Ltd.
• Nutrilo GmbH
• NV Perricone LLC (Perricone MD)
• Pfizer Consumer Healthcare Limited
• Royal DSM N.V.
• Shiseido Co. Ltd.
• Solgar Inc.
• Unipharm Inc.
• Vemedia
• Vitabiotics Ltd.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Nutricosmetics: Enhancing Beauty from Within
• Recent Market Activity
• Asia & Europe at the Forefront of Growth in the Nutricosmetics Market
• Points of Disparity in Nutricosmetics Market across Japan, Europe and US
• Nutricosmetics Market: Trends in a Nutshell
• Factors Driving Growth in the Nutricosmetics Market
• Societal Factors
• Aging Population
• Increase in Disposable Incomes
• Growing Popularity of Beauty-from-Within Concept
• Shift toward Less Invasive Treatments
• Environmental Concerns
• Market Barriers
• Consumer Skepticism
• Merchandising Strategies
• High Prices
• Slow Results
• Lack of Awareness about Potential Skin Health Benefits
• Apprehensions of Ingredient Manufacturers
• Regulatory Issues
• Nutricosmetics Target Inner Skin and Body Care
• Main Focus Areas and Attributes of Nutricosmetic Products
• Edible Products in Nutricosmetics Market: An Overview
• Competitive Structure
• Nutricosmetics - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• The Changing Landscape of Skin Care - An Opportunity for Ingestible Cosmetics
• Anti-Aging Skincare: Focus of Nutricosmetics Market
• Consumers Acknowledge Benefits of Nutricosmetics
• Widening Consumer Base: Opportunity for Manufacturers
• Men Gradually Coming Under the Nutricosmetics Purview
• Beauty Drinks Market - Addressing Needs of Elderly Population
• Innovative Products Drive Sales of Nutricosmetics
• Ani-aGin: An Alcoholic Drink with Skin Boosting Effects
• SkinAxT: A Nutricosmetic Solution to Improve Skin Radiance
• Esthechoc - A Chocolate Product with Skin Enhancing Properties
• CLUO: The New Range of Herbal Nutricosmetic Drinks
• Nutritional Supplements Combat Hair Fall among Women
• Collagen Nutricosmetics: Growing in Popularity
• Declining Collagen Levels - A Major Cause of Skin Ageing
• Ingestible Collagen Holds an Edge over Topical Collagen Products
• Knowledge on Collagen Breakdown: Essential for Manufacturers
• Improving Collagen Effectiveness by Combining with Other Proteins
• Different Nutrient Sources Used in Collagen Production
• Collagen Peptides Emerge as Popular Ingredients in Nutricosmetics Products
• Growing Popularity of Natural and Organic Skin Care Products
• Nutricosmetics for Sun Protection
• Antioxidant Blends Gain Importance
• Nutricosmetics: Potential Opportunities in Skin Lightening Market
• Novel Ingredients Being Explored to Make Nutricosmetics Even Better
• Pycnogenol Promotes Skin Health
• Carotenoids of Marine Origin: Opportunities in Cosmetics
• Probiotic Skincare: The Latest Beauty Trend
• Increasing Focus on Oxidative Stress: A Business Case
• Reality Outweighs Beauty and Wellness Claims by Functional Ingredient Products
• Importance of Scientifically Backed Clinical Trials
• Supportive Clinical Studies Drive Demand
• Raw Material Sourcing: A Key Consideration
• Nutricosmetics - A Robust Support System in Aesthetic Procedures
• Vitamin-Enriched Products: The New Growth Area
• New Delivery Forms: Greater Opportunities for Nutricosmetics Market
• Selective Retailing - The Way forward for Beauty Foods
• Stringent Regulatory Mechanism for Beauty Products in Europe
• Convergence of Beauty with Food, Medical and Health Industries
• Packaging Trends in Nutricosmetics Market
• Topical Cosmetic Products Pose a Change for Nutricosmetics
• Nutricosmetics Market Faces Competition from Supplements Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/puu52o

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• Global Market for Nutricosmetics