The global nutricosmetics market size was valued at US$ 6.4 billion in 2021 and it is expected to hit around US$ 15.6 billion by 2030, growing at a significant CAGR of around 10.41% from 2022 to 2030.
The nutricosmetics are specialist health and beauty products. The nutricosmetics are cosmetics that contain nutraceutical components that may help to enhance general health. The consumers are becoming increasingly interested in orally deliverable nutricosmetics because of its ability to improve overall hair and skin health by supplying nourishment from within. The growth of global nutricosmetics market is being driven by growing awareness regarding skin problems such as wrinkles and anti-aging. In addition, growing healthcare spending as well as rising burden of lifestyle disorders and infections are contributing towards the growth and development of global nutricosmetics market over the forecast period.
With a significant existence of regional and worldwide companies in the nutricosmetics industry, the global nutricosmetics market is segmented and highly competitive, with demand driven by mostly by clean label and beauty enhancement promises. Many of the startups are entering the global nutricosmetics market as consumers become more mindful of brand expertise. Furthermore, as the demand for nutricosmetics grows, leading competitors are pursuing various tactics such as acquisitions and mergers and research and development to better serve the segment by creating a better storyline that increasing access and delivers product experiences. As a result, the global nutricosmetics market is expected to grow in near future.
Report Scope of the Nutricosmetics Market
|Market Size by 2030||USD 15.6 Billion|
|Growth Rate from 2022 to 2030||
CAGR of 10.41%
|Forecast Period||2022 to 2030|
|Segments Covered||Ingredient, Application, Intake Type, Form, Distribution Channel, Geography|
|Companies Mentioned||LaboratoireDermatologique ACM (France), Forza Industries Ltd. (U.K.), Vitabiotics Ltd. (U.K.), D-LAB Nutricosmetics (France), Skinade (England), Amway (U.K.), Natrol, LLC (U.S.), SOS Hair Care (U.K.), WR Group (U.S.), Pfizer, Inc. (U.S.)|
The carotenoids segment dominated the nutricosmetics market in 2021. Many vegetables and fruits include carotenoids, which are plant pigments that give them their vivid yellow, red, and orange colors. Plant health depends on these pigments. The carotenoids are also beneficial to people’s health when they eat foods containing them. In the human body, carotenoids also function as antioxidants. As per the Physicians Committee for Responsible Medicine, they contain powerful cancer fighting qualities. The body converts certain carotenoids into vitamin A, which is necessary for vision as well as normal development and expansion. The carotenoids are also anti-inflammatory and immune system boosters, and they are linked to a lower risk of heart disease.
The vitamins segment is fastest growing segment of the nutricosmetics market in 2020. Vitamins are organic molecules that are necessary micronutrients that an organism requires in little amounts for appropriate metabolism. The essential nutrients cannot be manufactured in the body, either completely or in sufficient amounts, and must therefore be received through food. Vitamin C is considered as essential ingredient in cosmetics ingredients.
The skin care segment dominated the nutricosmetics market in 2021. The powders, creams, and lotions are examples of skin care products that enhance the quality and health of the skin while also providing nutrition. Many men and women use these products on a regular basis for a variety of reasons, including cleansing, moisturizing, and hydrating. The herbal and organic skin care has been increasingly popular in recent years. This is due to the people are aware of synthetic chemicals’ negative impact on the skin. Ingredients originating from natural items such as root and leaf extracts, are safe to utilize on the skin because they have no negative effects.
The hair care segment is fastest growing segment of the nutricosmetics market in 2021. The hair care products assist women and men in maintaining the cleanliness and health of their hair while also protecting it from injury. The oil, shampoo, serum, conditioner, and other hair products are available in a variety of formats including gel, liquid, lotion, and cream. The shampoos for greasy and dry hair, shampoos for colored and curly hair, and conditioners for damaged hair and scalp healing are all available.
By Distribution Channel
Asia-Pacific dominated the nutricosmetics market in 2020.India dominated the nutricosmetics market in Asia-Pacific region. In Asia-Pacific region, several professional make up lines can accommodate the wide range of make up artists and salons. The rapid rise of the beauty industry in the region has attracted many foreign companies, making the region a significant market and boosting commerce for nutricosmetic goods in the region. Changing lifestyles as a result of increased income allow customers to choose healthier options themselves and the atmosphere that were previously unavailable; these elements are propelling the nutricosmetics market to significant growth in the region.
Europe, on the other hand, is expected to develop at the fastest rate during the forecast period. The UKand Italy dominates the nutricosmetics market in Europe region. Italians like skincare products with active substances and natural components, and this trend is expected to continue; another quality that is greatly sought after is the product’s simplicity of absorption and utilization. Italian cosmetics are known throughout the globe for their formula invention and production company service features, which have helped the Italian cosmetics industry establish itself in both emerging and traditional markets. These elements have helped Europe establish itself as a key market for nutricosmetic products in Europe.
Some of the prominent players in the global nutricosmetics market include:
Segments Covered in the Report
By Intake Type
By Distribution Channel
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