Dublin, Sept. 22, 2023 (GLOBE NEWSWIRE) -- The "Skin Health Foods Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global skin health foods market is on a growth trajectory, with expectations to increase from $1.91 billion in 2022 to $2.05 billion in 2023, reflecting a compound annual growth rate (CAGR) of 7.1%. Projections indicate that the market will continue to expand, reaching $2.66 billion by 2027 at a CAGR of 6.7%. Key drivers of this growth include product innovation and the prevalence of allergic diseases.
The skin health foods market encompasses products made from sources such as fruits, vegetables, nuts, seeds, and fish, all of which contribute to healthy skin. These products are available in various forms, including fresh, frozen, canned, and packaged foods. The market's value includes related services offered by manufacturers.
Key Market Trends:
- Product Innovation: Leading companies in the skin health foods market are focusing on developing innovative solutions to gain a competitive edge. For example, Plix Life introduced a 100% plant-based snackable functional food with skin health benefits, containing antioxidants, aloe vera extract, and amino acids.
- Strategic Acquisitions: Acquisitions are shaping the market landscape. Nestle Health Science's acquisition of The Better Health Company (TBHC) aims to expand personalized nutrition solutions and strengthen its position in the consumer health market.
Regional Insights:
- North America Dominance: North America held the largest share of the skin health foods market in 2022.
- Asia-Pacific Growth: The Asia-Pacific region is poised to experience the fastest growth, presenting significant opportunities for market expansion.
Market Segmentation:
- Skin health foods are categorized by indications, including anti-aging, addressing skin conditions, and anti-allergy.
- Sources of skin health foods include fatty fish, avocados, walnuts, sunflower seeds, sweet potatoes, and more.
- Consumer types include adults, elderly individuals, and other consumers.
- Distribution channels encompass direct sales and indirect channels.
Reasons to Purchase:
- Gain a comprehensive global perspective on the skin health foods market across 50+ geographies.
- Understand the market's response to global events and challenges.
- Evaluate the impact of the high global inflation on market growth.
- Create regional and country-specific strategies based on local data and analysis.
- Identify high-growth segments for investment.
- Leverage forecast data and market drivers to outperform competitors.
- Gain insights into customer preferences through the latest market shares.
- Benchmark performance against key competitors.
Key Questions Answered:
- Where is the largest and fastest-growing market for skin health foods?
- How does the market relate to the overall economy and demography?
- What forces will shape the market's future?
- How have global events like the Russia-Ukraine war and COVID-19 affected the market?
- What are the key trends and drivers in the skin health foods market?
The skin health foods market is poised for growth, driven by innovative product offerings and a rising prevalence of allergic diseases. As consumers become increasingly health-conscious, opportunities in this market are expected to expand. Companies operating in the skin health foods industry should monitor these trends closely and consider strategic investments to capitalize on growing market demand.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 275 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $2.05 billion |
| Forecasted Market Value (USD) by 2027 | $2.66 billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Skin Health Foods Market Characteristics
3. Skin Health Foods Market Trends And Strategies
4. Skin Health Foods Market - Macro Economic Scenario
4.1. COVID-19 Impact On Skin Health Foods Market
4.2. Ukraine-Russia War Impact On Skin Health Foods Market
4.3. Impact Of High Inflation On Skin Health Foods Market
5. Skin Health Foods Market Size And Growth
5.1. Global Skin Health Foods Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Skin Health Foods Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Skin Health Foods Market Segmentation
6.1. Global Skin Health Foods Market, Segmentation By Indication, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Anti-Aging
- Skin Conditions
- Anti-Allergy
6.2. Global Skin Health Foods Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Fatty Fish
- Avocados
- Walnuts
- Sunflower Seeds
- Sweet Potatoes
- Red Or Yellow Bell Peppers
- Broccoli
- Tomatoes
- Soy
- Other Sources
6.3. Global Skin Health Foods Market, Segmentation By Consumer Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Adults
- Aged People
- Other Consumers
6.4. Global Skin Health Foods Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Direct
- Indirect
7. Skin Health Foods Market Regional And Country Analysis
7.1. Global Skin Health Foods Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Skin Health Foods Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Major Players in the Skin Health Foods market are
- Nestle S.A.
- BASF SE
- Danone S.A.
- DuPont de Nemours Inc.
- Koninklijke DSM N.V.
- Cargill Corporation
- Archer Daniels Midland Company
- Herbalife Nutrition Ltd.
- Amway
- Arla Foods Inc.
- Glanbia Plc.
- Chr. Hansen Holdings A/S
- General Mills
- Ingredion Incorporated
- Kemin Industries Inc.
For more information about this report visit https://www.researchandmarkets.com/r/d2qi21
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