rozersmith021According to IMARC Group’s latest report, titled “Nutricosmetics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global nutricosmetics market reached a value of US$ 6.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2027, exhibiting a CAGR of 7.25% during 2022-2027.
Nutricosmetics are nutritional supplements prepared using amino acids, minerals, vitamins, antioxidants, and botanical extracts. They help absorb active ingredients and nutrients into the bloodstream and transport them to encourage the natural production of essential molecules. They also aid in nourishing the texture of the skin, maintaining a healthy skin renewal rate, controlling biochemical reactions to reduce skin aging, and protecting the skin from harsh environmental factors.
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Market Trends
The rising emphasis of individuals on maintaining their physical appearance, in confluence with the growing usage of social media platforms, represents one of the key factors positively influencing the sales of nutricosmetics via organized online retail channels across the globe. Furthermore, several manufacturers are investing in producing herbal compositions to prevent any toxic or chemical intervention. The rising focus of leading market players on introducing multi-functional products offering hair, skincare, and nail maintenance is anticipated to drive the market in the following years.
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List of Key Companies Covered in this Market Report:
- Amway
- BASF SE
- Bayer AG
- Beiersdorf (Maxingvest AG)
- Blackmores Ltd.
- Herbalife Nutrition Ltd.
- Otsuka Holdings Co. Ltd
- Pfizer Inc (NYSE: PFE)
- Reckitt Benckiser
- Suntory Holdings Limited (Kotobuki Realty Co. Ltd.)
The report has segmented the market on the basis of ingredient, product, distribution channel and geography.
Breakup by Ingredient:
- Carotenoids
- Omega-3
- Vitamins
- Others
Breakup by Product:
- Skin Care
- Hair Care
- Weight Management
- Others
Breakup by Distribution Channel:
- Drug Stores/Pharmacies
- Supermarkets and Hypermarkets
- Specialist Stores
- Online Stores
- Others
Breakup by Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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