Nutricosmetics are a growing segment within the beauty and wellness industry that focuses on enhancing one's appearance by combining skincare and nutritional benefits. These products typically come in supplements, drinks, or powders containing ingredients such as vitamins, minerals, antioxidants, and botanical extracts. Nutricosmetics work from within the body to nourish and support healthy skin, hair, and nails, offering a holistic approach to beauty. They have gained popularity due to increasing consumer interest in natural, holistic, and wellness-oriented beauty solutions.
According to Data Bridge Market Research, the Nutricosmetics Market is valued at USD 3976.32 million in 2021 and is expected to reach the value of USD 7128.71 million by 2029, at a CAGR of 7.57% during the forecast period of 2022-2029
"Growing consumer focus on holistic wellness surge market demand"
Consumers are shifting towards a holistic approach to beauty and wellness, seeking products that address external appearance and internal health. Nutricosmetics cater to this trend by providing skincare and nutritional benefits in a single product. These supplements or ingestible beauty products aim to nourish the body from within, promoting healthy skin, hair, and nails. The holistic nature of nutricosmetics aligns with consumer preferences for a comprehensive approach to beauty that focuses on overall well-being.
What restraints the growth of the nutricosmetics market?
"Lack of scientific evidence can impede the market growth”
The nutricosmetics market faces a restraint in the form of limited scientific evidence supporting the efficacy and safety of these products. This lack of comprehensive research studies and inconsistent results creates skepticism among consumers and healthcare professionals. Without robust scientific backing, it becomes difficult to establish the credibility and trustworthiness of nutricosmetics. More comprehensive research and well-designed clinical trials are needed to overcome this challenge to provide solid evidence of their benefits and address any safety concerns. Such studies can help build confidence among consumers and healthcare professionals, driving wider adoption of nutricosmetics in the market.
Segmentation: Global Nutricosmetics Market
The nutricosmetics market is segmented on the basis of ingredient, application, intake type, and distribution channel
- On the basis of ingredient, the nutricosmetics market is segmented into Carotenoids, Vitamins, nutricosmetics fatty acids, others
- On the basis of application, the nutricosmetics market is segmented into personal care, skin care, hair care, others, health care, digestive health, heart health, Weight Management, others
- On the basis of intake type, the nutricosmetics market is segmented into pill type nutricosmetics, drinkable nutricosmetics
- On the basis of distribution channel, the nutricosmetics market is segmented into modern trade, health and beauty stores, specialty stores, pharmacy stores, e-commerce
Regional Insights: Europe Dominates the Global Nutricosmetics Market
The European nutricosmetics market is booming, through The shifting consumer lifestyles. The increase can also be attributed to people's growing willingness to experiment with novel nutricosmetics personal care and beauty enhancement techniques. Over the forecast period, regional growth would also be aided by rising consumer demand for multi-functional products that include features for caring for one's hair, skin, and nails in addition to other functions.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-nutricosmetics-market
Recent Developments in Global Nutricosmetics Market
- In 2022, Nykaa purchased a 60% stake in Nudge Wellness, ushering it into the nutricosmetic industry. The Indian e-commerce business Nykaa specializes in fashion, wellness, and beauty products.
- In 2021, The multi-ingredient beauty supplement "Herbalife SKIN LycoGlow," developed by Herbalife Nutrition and based on the Lycored Nutrient Complex, a tomato extract purchased from the Israeli company "Lycored," will go on sale. The new supplement contains significant amounts of the carotenoids found in fruit, including lycopene.
The Prominent Key Players Operating in the Global Nutricosmetics Market Include:
- Laboratoire Dermatologique ACM (France)
- Forza Industries Ltd. (U.K.)
- Vitabiotics Ltd. (U.K.)
- D-LAB Nutricosmetics (France)
- Skinade (U.K.)
- Amway (U.K.)
- Natrol, LLC (U.S.)
- SOS Hair Care (U.K.)
- WR Group (U.S.)
- Pfizer, Inc. (U.S.)
- L’Oreal S.A. (France)
- Unilever PLC (U.K.)
- Beiersdorf AG (Germany)
Above are the key players covered in the report, to know about more and exhaustive list of global nutricosmetics market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Nutricosmetics Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
