Nutricosmetics Market by Form, Ingredient, Distribution Channel, Application

List of Tables

[188 Pages Report] The Nutricosmetics Market size was estimated at USD 27.59 billion in 2023 and expected to reach USD 31.98 billion in 2024, at a CAGR 16.93% to reach USD 82.52 billion by 2030.

Nutricosmetics help improve nail health, making them stronger and healthier with essential antioxidants and elements, including vitamins, plant extracts, curcumin, prebiotics, and probiotics. Nutricosmetics are wellness products that optimize the action of traditional cosmetics and are also considered an ideal nutritional supplement for a balanced dietary plan and an overall healthy lifestyle. Nutricosmetics contain micronutrients such as vitamin C, vitamin A, zinc, and biotin, which are crucial for healthy skin. Moreover, consumers' increased awareness about health and wellness and various initiatives toward preventive health management increased the utilization of nutricosmetics. As per the Australian Journal of General Practice, female pattern hair loss is considered a significant cause of female alopecia, affecting around 49% of women at some point. However, adverse effects and stringent regulations associated with nutricosmetics impede their adoption. In addition, new product launches and developments in nutricosmetics and companies focus on strengthening their online presence by collaborating with third-party online retailers, further contributing to the development of nutricosmetics.

KEY MARKET STATISTICS
Base Year [2023]	USD 27.59 billion
Estimated Year [2024]	USD 31.98 billion
Forecast Year [2030]	USD 82.52 billion
CAGR (%)	16.93%

Ingredient: Increasing demand for Omega 3 fatty acids in the nutricosmetics sector

Carotenoids, naturally occurring pigments in plants, are pivotal to the nutricosmetics industry due to their potent antioxidant properties. These compounds, which include beta-carotene, lycopene, and lutein, play an important role in protecting the skin from the effects of ultraviolet (UV) rays, pollution, and other environmental stressors. Carotenoids are also known for their ability to improve skin coloration, adding a healthy glow and contributing to a more youthful appearance. Their ability to support eye health & protect against age-related macular degeneration aligns with the holistic approach of nutricosmetics to beauty and wellness. Omega 3 fatty acids are a cornerstone in the nutricosmetics sector, predominantly derived from fish oil and plant sources such as flaxseed and algae. These fatty acids are highly acclaimed for their anti-inflammatory properties, which are instrumental in reducing the incidence of skin conditions such as acne and psoriasis. Omega 3s are also celebrated for their ability to moisturize the skin from within, enhancing skin barrier function, elasticity, and overall complexion. Moreover, they support heart and brain health, showcasing the intrinsic link between internal wellness and external beauty in nutricosmetic formulations. Vitamins are essential nutrients integral to the skin's structure, function, and appearance. Vitamins A, C, D, and E, in particular, hold significant relevance in nutricosmetics. Vitamin A (retinol) is acclaimed for its role in cell growth and skin regeneration, making it a key ingredient for anti-aging products. Vitamin C, a powerful antioxidant, is vital for collagen production and skin brightening, helping reduce wrinkles and skin texture. Vitamin D is celebrated for its role in skin cell renewal and repair, as well as supporting immune health. Vitamin E contributes to skin health by combating oxidative stress caused by daily environmental exposure, thus preventing premature skin aging. These vitamins embody the synergy between nutrition and cosmetics, driving the development of products that promote beauty from within.

Distribution Channel: Growing online distribution channel owing to increasing digitization of consumer shopping habits

Direct sales in the nutricosmetics sector represent a traditional yet dynamic channel characterized by the direct interaction between the seller and the customer. This distribution channel leverages personal relationships and trust, making it especially effective for products that require detailed explanations or demonstrations. Direct sales are often facilitated by consultants or representatives knowledgeable about the product range, allowing for a personalized customer experience. This channel can be particularly effective in markets where consumers value trust and personal advice in their purchasing decisions. The online distribution channel has experienced exponential growth within the nutricosmetics sector, driven by the increasing digitization of consumer shopping habits. This channel offers a wide array of advantages, including convenience, a broader product selection, and the ability to compare products and prices easily.

E-commerce platforms, brand websites, and social media outlets are powerful tools for disseminating and selling nutricosmetic products. Additionally, online channels provide companies with invaluable consumer data, enabling more targeted marketing strategies and product development. Retail sales remain a cornerstone for the distribution of nutricosmetics, offering consumers the opportunity to physically interact with products before purchasing. This channel encompasses a variety of formats, including pharmacies, health stores, department stores, and specialized beauty shops. Retail sales benefit from the ability to offer immediate gratification to the buyer, a factor not present in online shopping. Moreover, the in-store experience can significantly enhance brand presence and reputation through strategic shelf placement and staff availability to provide product information and recommendations.

Regional Insights

America showcases a significant share and advanced market for nutricosmetics attributed to the aging population and increasing spending on skin care. The increasing product promotion and awareness through social media across major developed economies support the growth of nutricosmetics product penetration. In Asia-Pacific and Europe, the nutricosmetics market has been influenced by a growing desire among consumers for skin and hair care, particularly to prevent premature skin aging. In addition, consumer preference for natural, safe, and effective beauty solutions is boosting the sales of nutricosmetics products in these regions. The emphasis of several European manufacturers on developing innovative and natural nutricosmetics is expected to fuel the market growth.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Nutricosmetics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Nutricosmetics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Nutricosmetics Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Amway Corporation, BASF SE, BeBodywise, Bestvite, Biocyte SAS, Blackmores Limited, BosleyMD, D-Lab Nutricosmetics, Deyang HUATAI Biopharm Resource Co., Ltd., Functionalab, Gelita AG, Givaudan International SA, GNC Holdings, Inc., Gowelnext Solutions P Ltd., Grupo Cantabria Labs, H&H Group, Herbalife Nutrition Ltd., Huisong, HUM Nutrition Inc., Industrial Farmaceutica Cantabria, SA, Koninklijke DSM N.V., KORA Organics by Miranda Kerr Pty Ltd., KYOWA HAKKO BIO Co., Ltd., mindbodygreen, LLC, Nestle S.A., Novasep Holding SAS, NOW Foods, Nutraceutical Wellness, Inc., OMNIPOTENT S PHARMACEUTICALS, Pro Labo Holdings Co., Ltd., Purify Life, Rioja Nature Pharma, S.L., Sabinsa Corporation, SAS FLOREVE, Seppic S.A., Solutex GC S.L., Unilever plc, VEGAMOUR, INC., and Vitabiotics Ltd.

Market Segmentation & Coverage

This research report categorizes the Nutricosmetics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Form
- Beauty Beverages & Drinks
- Capsule
- Gummies or Chewable
- Liquid
- Powder
- Tablet

Ingredient
- Carotenoids
- Omega 3 Fatty Acids
- Vitamins

Distribution Channel
- Direct Sales
- Online
- Retail Sales

Application
- Hair Care
- Nail Care
- Personal Care
- Skin Care
  - Aging
  - Dry Skin
  - Face Care
  - Heel Care
  - Neck Care

Under-Eye Care

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Nutricosmetics Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Nutricosmetics Market?

3. What are the technology trends and regulatory frameworks in the Nutricosmetics Market?

4. What is the market share of the leading vendors in the Nutricosmetics Market?

5. Which modes and strategic moves are suitable for entering the Nutricosmetics Market?

Product Code: MRR-43395F955F60

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing various skin & hair problems among the population worldwide
  - 5.1.1.2. Elderly population growth and consumer inclination toward preventive health management practices
- 5.1.2. Restraints
  - 5.1.2.1. Lack of consumer awareness and negative effects associated with nutricosmetics
- 5.1.3. Opportunities
  - 5.1.3.1. Effective marketing and positioning of nutricosmetics
  - 5.1.3.2. Introduction of innovative and natural nutricosmetics
- 5.1.4. Challenges
  - 5.1.4.1. Unstructured regulations and lack of experimental evidence for nutricosmetics
5.2. Market Segmentation Analysis
- 5.2.1. Ingredient: Increasing demand for Omega 3 fatty acids in the nutricosmetics sector
- 5.2.2. Distribution Channel: Growing online distribution channel owing to increasing digitization of consumer shopping habits
5.3. Market Trend Analysis
- 5.3.1. Growing focus on safe, customized personal care and innovation in organic and scientifically-approved nutricosmetics in the Americas
- 5.3.2. Rising awareness of beauty supplements and the growing popularity of Asian beauty products
- 5.3.3. Development of active skin ingredients and easy availability to foster nutricosmetics sales in EMEA region
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization
- 5.9.1. Consumer Preference & Trends

6. Nutricosmetics Market, by Form

6.1. Introduction
6.2. Beauty Beverages & Drinks
6.3. Capsule
6.4. Gummies or Chewable
6.5. Liquid
6.6. Powder
6.7. Tablet

7. Nutricosmetics Market, by Ingredient

7.1. Introduction
7.2. Carotenoids
7.3. Omega 3 Fatty Acids
7.4. Vitamins

8. Nutricosmetics Market, by Distribution Channel

8.1. Introduction
8.2. Direct Sales
8.3. Online
8.4. Retail Sales

9. Nutricosmetics Market, by Application

9.1. Introduction
9.2. Hair Care
9.3. Nail Care
9.4. Personal Care
9.5. Skin Care
9.6. Under-Eye Care

10. Americas Nutricosmetics Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Nutricosmetics Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Nutricosmetics Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Solabia Acquired Majority Stake In Bioactor
- 13.3.2. HUL is Expected to Acquire Wellbeing Nutrition and Conscious Food
- 13.3.3. Dechert Advises Havea in its Exclusive Negotiations for the Acquisition of Biocyte
- 13.3.4. ActivInside Received the U.S. Patent For Saffron Extract
- 13.3.5. Osavi-S-Omega-3-Oils Development For Achieving An Optimum Index
- 13.3.6. Gelita's Starch-Free Gelatin Set To Shake Up Fortified Gummy Supplements Market
- 13.3.7. Givaudan to Acquire Portfolio of Major Cosmetic Ingredients from Amyris
- 13.3.8. Sabinsa Crosses 400-Patent Milestone
- 13.3.9. Amway India Relaunches Artistry As Artistry Skin Nutrition
- 13.3.10. Beiersdorf And Natracare Respond to Ec's Micro-Polluter-Pay Measure for Protecting Clean Water
- 13.3.11. Tosla Nutricosmetics Discusses Collagen Masking Technology
- 13.3.12. Kyowa Hakko postbiotic Featured in New Green Launch
- 13.3.13. Bioiberica Expands Nutricosmetics Market with Beauty-From-Within Dermal Debut
- 13.3.14. Nykaa Reveals Strategic Investments in Clean Beauty, Athleisure and More

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio