Nutricosmetics Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028
Report Description
The global Nutricosmetics market size was valued at USD 5,900.8 million in 2021, expanding at a CAGR 9.2% from 2022-2028 to reach 15,701.6 Million USD in 2028.
Market Dynamics
Nutricosmetics market is expected to witness substantial growth over the forecast period. The market for nutricosmetics is likely to be driven by consumers' growing awareness of the skin issues caused by various nutrient deficiencies, such as wrinkles, anti-ageing, hair loss, and scalp issues. This awareness is likely to result in a paradigm shift toward preventive health management practises amid rising healthcare costs and the growing burden of lifestyle diseases. Therefore, these considerations are increasing the use of nutricosmetics. The skincare market is expanding thanks to offers that support professionally studied active ingredients and a preventive, holistic, and environmentally concerned philosophy. Additionally, new components for healthy skin, such as pycnogenol and lycopene, are entering the skincare market for nutricosmetics. Manufacturers have many chances to innovate as consumers are more likely to purchase skin-care products that contain nutrients like vitamin D, vitamin A, and omega-3 fatty acids, which have been related to maintaining skin health.
A sizeable market share is produced by the strong demand for vitamin and Omega-3-containing skincare products. Furthermore, millennials are becoming more and more interested in the beauty-from-within strategy because it combines health and beauty in a desirable way. Although there are differences between nutraceutical-based goods in various nations, there is no obvious distinction between them. Complexity in the regulatory, legislative, and technological spheres thus presents a significant barrier to the market's expansion.
Regional Insights
North America is estimated to dominate the global market. People in the US have a tendency to be sceptical of the concept of "beauty foods" and are more inclined to seek items like UV protection and wrinkle-smoothing items, which puts a bullwhip on the product introduction The expansion of the nutricosmetics market is driven by an increase in the number of research and development initiatives aimed at adding organic nutrients into cosmetics as well as the substantial investments made by manufacturers in research projects. For multinational firms, rising disposable income in developing nations like India, China, Mexico, Brazil, and South Africa will present new opportunities.. Latin America is expected to grow at a substantial rate from 2021 to 2027.
Segment Dynamics
The Nutricosmetics market is fragmented into the Ingredient, applications, and end-user segments. Based on the Ingredient, the Carotenoids segment is anticipated to dominate the market. By application, the Skin Care segment is projected to grow at the highest CAGR during the forecast period.
Competitive Insights
The Nutricosmetics market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. For example, in April 2022, Nykaa purchased a 60% share in Nudge Wellness, ushering it into the nutricosmetic industry. The Indian e-commerce business Nykaa specialises in fashion, wellness, and beauty products.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Nutricosmeticss by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- Laboratoire Dermatologique ACM
- Forza Industries Ltd.
- Vitabiotics Ltd.
- D-LAB Nutricosmetics
- Skinade
- Amway
- Natrol
- SOS Hair Care
- WR Group
- Pfizer, Inc.
- L’Oreal S.A.
Ingredient Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Carotenoids
- Vitamins
- Nutricosmetics Fatty Acids
- Others
Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Personal Care
- Skin Care
- Hair Care
- Health Care
- Digestive Health
- Heart Health
- Weight Management
- Others
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
TABLE OF CONTENT
1. Nutricosmetics Market Overview
1.1. Product Overview and Scope of Nutricosmetics
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Nutricosmetics Market Size Growth Rate Analysis by Ingredient, 2021 VS 2028
1.3.1. Carotenoids
1.3.2. Vitamins
1.3.3. Nutricosmetics Fatty Acids
1.3.4. Others
1.4. Global Nutricosmetics Consumption Comparison by Application: 2021 VS 2028
1.4.1. Personal Care
1.4.2. Skin Care
1.4.3. Hair Care
1.4.4. Health Care
1.4.5. Digestive Health
1.4.6. Heart Health
1.4.7. Weight Management
1.4.8. Others
1.5. Global Nutricosmetics Market Size Estimates and Forecasts by Region: 2021 VS 2028
1.5.1. North America Nutricosmetics Estimates
1.5.2. Europe Nutricosmetics Estimates
1.5.3. China Nutricosmetics Estimates
1.5.4. Japan Nutricosmetics Estimates
2. Market Competition by Manufacturers
2.1. Global Nutricosmetics Revenue Market Share by Manufacturers (2020)
2.2. Nutricosmetics Market Share by Company Ingredient (Tier 1, Tier 2 and Tier 3)
2.3. Global Nutricosmetics Average Price by Manufacturers (2017-2021)
2.4. Manufacturers Nutricosmetics Production Sites, Area Served, Product Types
2.5. Nutricosmetics Market Competitive Situation and Trends
2.5.1. Nutricosmetics Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Nutricosmetics Consumption by Region (2017-2021)
3.1. Global Nutricosmetics Consumption by Region
3.2. Global Nutricosmetics Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Nutricosmetics Consumption Growth Rate (2017-2021)
3.2.3. North America Nutricosmetics Consumption, Price and Gross Margin (2017-2021)
3.2.4. North America Nutricosmetics Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Nutricosmetics Consumption Growth Rate (2017-2021)
3.2.7. Europe Nutricosmetics Consumption, Price and Gross Margin (2017-2021)
3.2.8. Europe Nutricosmetics Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Nutricosmetics Consumption Growth Rate (2017-2021)
3.2.11. Asia Pacific Nutricosmetics Consumption, Price and Gross Margin (2017-2021)
3.2.12. Asia Pacific Nutricosmetics Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Nutricosmetics Consumption Growth Rate (2017-2021)
3.2.15. South America Nutricosmetics Consumption, Price and Gross Margin (2017-2021)
3.2.16. South America Nutricosmetics Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Nutricosmetics Consumption Growth Rate (2017-2021)
3.2.19. Middle East and Africa Nutricosmetics Consumption, Price and Gross Margin (2017-2021)
3.2.20. Middle East and Africa Nutricosmetics Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Nutricosmetics Consumption by Ingredient (2017-2021)
4.1. Global Nutricosmetics Price by Ingredient (2017-2021)
4.2. Global Nutricosmetics Revenue Market Share by Ingredient (2017-2021)
4.2.1. Carotenoids
4.2.2. Vitamins
4.2.3. Nutricosmetics Fatty Acids
4.2.4. Others
5. Global Nutricosmetics Consumption by Application (2017-2021)
5.1. Global Nutricosmetics Price by Application (2017-2021)
5.2. Global Nutricosmetics Revenue Market Share by Application (2017-2021)
5.2.1. Personal Care
5.2.2. Skin Care
5.2.3. Hair Care
5.2.4. Health Care
5.2.5. Digestive Health
5.2.6. Heart Health
5.2.7. Weight Management
5.2.8. Others
6. Key Companies Profiled
6.1. Laboratoire Dermatologique ACM.
6.1.1. Laboratoire Dermatologique ACM Nutricosmetics Corporation Information
6.1.2. Laboratoire Dermatologique ACM Nutricosmetics Product Portfolio
6.1.3. Laboratoire Dermatologique ACM Nutricosmetics Consumption, Price and Gross Margin (2017-2021)
6.1.4. Laboratoire Dermatologique ACM Main Business and Markets Served
6.1.5. Laboratoire Dermatologique ACM Recent Developments/Updates
6.2. Forza Industries Ltd.
6.3. Vitabiotics Ltd.
6.4. D-LAB Nutricosmetics
6.5. Skinade
6.6. Amway
6.7. Natrol
6.8. SOS Hair Care
6.9. WR Group
6.10. Pfizer, Inc.
6.11. L’Oreal S.A.
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. Nutricosmetics Distributors List
7.3. Nutricosmetics Customers
8. Market Dynamics
8.1. Nutricosmetics Industry Trends
8.2. Nutricosmetics Growth Drivers
8.3. Nutricosmetics Market Challenges
8.4. Nutricosmetics Market Restraints
9. Global Nutricosmetics Consumption and Demand Forecast, by Region (2022-2028)
9.1. Global Forecasted Demand Analysis of Nutricosmetics, by Regions and Country
9.1.1. North America Forecasted Consumption of Nutricosmetics by Country
9.1.2. Europe Market Forecasted Consumption of Nutricosmetics by Country
9.1.3. Asia Pacific Market Forecasted Consumption of Nutricosmetics by Region
9.1.4. Latin America Forecasted Consumption of Nutricosmetics by Country
9.1.5. Middle East and Africa Forecasted Consumption of Nutricosmetics by Country
10. Global Nutricosmetics Consumption and Demand Forecast, by Ingredient Segments (2022-2028)
10.1. Global Forecasted Consumption of Nutricosmetics by Ingredient Segments (2022-2028)
10.2. Global Consumption and Price Forecast by Ingredient Segments (2022-2028)
10.3. Global Forecasted Growth Rate of Nutricosmetics by Ingredient Segments (2022-2028)
11. Global Nutricosmetics Consumption and Demand Forecast, by Type Segments (2022-2028)
11.1. Global Forecasted Consumption of Nutricosmetics by Type Segments (2022-2028)
11.2. Global Consumption and Price Forecast by Type Segments (2022-2028)
11.3. Global Forecasted Growth Rate of Nutricosmetics by Type Segments (2022-2028)
12. Global Nutricosmetics Consumption and Demand Forecast, by Topology Segments (2022-2028)
12.1. Global Forecasted Consumption of Nutricosmetics by Topology Segments (2022-2028)
12.2. Global Consumption and Price Forecast by Topology Segments (2022-2028)
12.3. Global Forecasted Growth Rate of Nutricosmetics by Topology Segments (2022-2028)
13. Global Nutricosmetics Consumption and Demand Forecast, by Application Segments (2022-2028)
13.1. Global Forecasted Consumption of Nutricosmetics by Application Segments (2022-2028)
13.2. Global Consumption and Price Forecast by Application Segments (2022-2028)
13.3. Global Forecasted Growth Rate of Nutricosmetics by Application Segments (2022-2028)
14. Research Finding and Conclusion
15. Methodology and Data Source
15.1. Methodology/Research Approach
15.1.1. Research Programs/Ingredient
15.1.2. Market Size Estimation
15.1.3. Market Breakdown and Data Triangulation
15.2. Data Source
15.2.1. Secondary Sources
15.2.2. Primary Sources
15.3. Author List
15.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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