Beauty Supplements Market Research 2024-2029, Featuring Profiles of Leading Players Herbalife Nutrition, GNC Holdings, HUM Nutrition, Amway Corp., Perrigo Company & More


Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "Beauty Supplement Market Overview, 2024-2029" report has been added to ResearchAndMarkets.com's offering.

According to the report, the Global Beauty Supplements market is anticipated to add to more than USD 3.51 billion during 2024-2029. The market is anticipated to grow at more than 8.84% CAGR from 2024 to 2029. The worldwide beauty supplements market is competitive, with both established firms and new entrants capitalising on rising demand. Nutrafol, Hum Nutrition, Vital Proteins, The Beauty Chef, SugarBearHair, and OLLY are among the market's leading players.

These brands are well-known for focussing on specific cosmetic concerns like hair growth, skin elasticity, and nail strength. Collaborations are also contributing significantly to the growth of the beauty supplement market. Many beauty supplement firms have created collaborations with cosmetic companies, wellness influencers, and even dermatologists to create products that combine exterior and internal approaches to beauty. Europe and North America are the key markets for beauty supplements, but Asia-Pacific, particularly Japan and South Korea, is experiencing tremendous expansion. Japan has long been a pioneer in the beauty supplement sector, with sophisticated consumers who want ingestible beauty products.

As a result, Japanese beauty supplements are widely exported over the world. In terms of suppliers, many of the raw ingredients used in beauty supplements, such as plant extracts, vitamins, and minerals, come from biodiverse places such as South America and Africa. During the pandemic, there was a heightened focus on immune health and overall well-being, which sparked an interest in supplements that could provide both beauty and health benefits.

Market Drivers

Supplement Formulation Innovations: Consumer demand for clean, effective, and transparent ingredients has generated substantial product formulation innovation in the beauty supplement sector. Plant-based, vegan, and cruelty-free supplements, as well as personalised beauty supplements tailored to individual needs, have piqued the interest of health-conscious customers.

Growth in E-Commerce and Digital Platforms: The proliferation of e-commerce and social media platforms has had a significant impact on the growth of the beauty supplements business. Many firms have used direct-to-consumer sales methods and social media marketing strategies to reach a worldwide audience. Platforms such as Instagram and TikTok have enabled firms to harness influencer marketing, resulting in increased product visibility and consumer trust.

Market Challenges

High Competition and Market Saturation: The beauty supplements market is getting increasingly congested, with both established businesses and newcomers competing for market share. The increased competition makes it difficult to differentiate items and develop brand loyalty. According to Grand View Research, small and medium-sized businesses struggle to compete with larger brands that have greater marketing and R&D resources.

Consumers are Sceptical About Efficacy: Despite rising demand, some consumers are sceptical of beauty supplements' usefulness, especially in the absence of scientific evidence or instant observable results. The lack of long-term clinical trials for some substances may cause customer reticence to accept these goods. Brands must engage in clinical research and transparency to gain consumer trust and overcome scepticism.

Market Trends

Clean Label and Clarity: Consumers are increasingly demanding clarity from beauty supplement companies about the substances used in their products. Clean-label supplements, which are free of artificial ingredients, preservatives, and allergies, are becoming increasingly popular as customers prioritise items that support their health and the environment.

Probiotic Supplements for Skin Health: As research into the relationship between gut health and skin disorders develops, probiotic supplements are becoming increasingly popular in the beauty supplement market. These products claim to promote skin health by fostering a healthy gut microbiota, which can help with inflammation, acne, and other skin problems.

Market Segmentation Trends

  • Collagen supplements are currently leading the worldwide beauty supplement industry, owing to broad consumer awareness of collagen's role in improving skin elasticity.
  • Powder forms now dominate the worldwide beauty supplement market due to their popularity and consumer desire.
  • Skin care is currently the leading section of the global beauty supplements market, owing to increased consumer awareness of skin health.
  • Online sales channels now dominate the worldwide beauty supplement market in terms of growth and consumer desire.
  • In the global market for beauty supplements, the Asia-Pacific area, due to the deeply ingrained cultural emphasis on wellness and beauty, is the major region.

Aspects Covered in the Report

  • E-fuels market outlook with its value and forecast, along with its segments
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendations

Key Topics Covered

1. Executive Summary

2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.4. COVID-19 Effect
2.5. Supply Chain Analysis
2.6. Policy & Regulatory Framework
2.7. Industry Experts Views

3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery

4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions

5. Economic /Demographic Snapshot

6. Global Beauty Supplements Market Outlook
6.1. Market Size By Value
6.2. Market Share By Region
6.3. Market Size and Forecast, By Form
6.4. Market Size and Forecast, By Application
6.5. Market Size and Forecast, By Distribution Channel

7. North America Beauty Supplements Market Outlook

8. Europe Beauty Supplements Market Outlook

9. Asia-Pacific Beauty Supplements Market Outlook

10. South America Beauty Supplements Market Outlook

11. Middle East & Africa Beauty Supplements Market Outlook

12. Competitive Landscape
12.1. Competitive Dashboard
12.2. Business Strategies Adopted by Key Players
12.3. Key Players Market Positioning Matrix
12.4. Porter's Five Forces
12.5. Company Profiles
12.5.1. Herbalife Nutrition Ltd
12.5.2. GNC Holdings, LLC
12.5.3. HUM Nutrition
12.5.4. Amway Corp
12.5.5. Perrigo Company plc
12.5.6. Boots UK Limited
12.5.7. Nu Skin Enterprises, Inc.
12.5.8. Solgar Inc.
12.5.9. Meiji Holdings Co. Ltd.
12.5.10. Swanson Health Products

13. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/xabbl3

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