PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1105476
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1105476
Skin Health Foods Market / Dermatology Functional Foods Market by Indication (Skin Conditions, Anti-Aging, Anti-Allergy), Region, Regulatory Landscape, Pricing Analysis, COVID-19 Impact - Global Forecast to 2026
The global skin health foods (dermatology functional foods) market during the forecast period is projected to be USD 2,651.5million by 2026 from USD 1,929.5million in 2021, at a CAGR of 6.6%. Growth in this market is majorly driven by thehigh incidence of allergic diseases, growth in health awareness among consumers, increasing R&D and production capacity for functional food and beverage products, and increasing consumption of nutrient-enriched foods to improve overall health. However, during the forecast periodthe restrain to the growth of this market are the increasing incidence of allergies and intolerance related to some functional ingredients and higher cost of functional food products due to the inclusion of healthier or naturally sourced ingredients.
"Skin Conditions was the largest segment in by indication of skin health foods market in 2020"
Skin conditions accounted for the largest share of skin health foods market in 2020. Changes in nutritional status that alter skin structure and function can directly affect skin appearance. This, along with the increasing awareness of consumers with respect to nutraceuticals and functional foods, is expected to drive the market growth for this segment during the forecast period.
"APAC to witness the highest growth rate during the forecast period."
The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Market growth in the APAC region is mainly driven bythe increasing R&D expenditure by local and international companies in functional food products, a larger pool of patients with chronic skin hypersensitivity conditions, and increasing GDP in several APAC countries.The growing awareness about the health benefits of functional foods in these countries has increased the demand for skin health food products.
Key players in theSkin Health Foods Market
The key players operating in the skin health foods market includeBASF SE (Germany), Archer Daniels Midland Company (US), DuPont (US), Cargill, Incorporated (US), Danone SA (France), Arla Foods (Denmark), Nestle SA (Switzerland), Koninklijke DSM N.V. (Netherlands), Glanbia PLC (Ireland), Herbalife Nutrition Ltd. (US) and Amway (US).
Research Coverage:
The report analyzes the skin health foods market and aims at estimating the market size and future growth potential of various market segments, based on indication, and region. The report also provides a competitive analysis of the key players operating in this market, along with their company profiles, product offerings, recent developments, and key market strategies.
Reasons to Buy the Report
This report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share of the market. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their positions in the market.
This report provides insights on:
- Market Penetration:Comprehensive information on the product portfolios of the top players in the Skin Health Foods Market. The report analyzes this market by indication and region.
- Market Development:Comprehensive information on the lucrative emerging markets, indication, and region
- Market Diversification:Exhaustive information about the product portfolios, growing geographies, recent developments, and investments in the skin health foods market
- Competitive Assessment:In-depth assessment of market shares, growth strategies, product offerings, and capabilities of the leading players in the skin health foods market
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 OBJECTIVES OF THE STUDY
- 1.2 MARKET DEFINITION
- 1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY
- 1.2.2 MARKET SEGMENTATION
- FIGURE 1 DERMATOLOGY FUNCTIONAL FOODS MARKET SEGMENTATION
- 1.2.3 YEARS CONSIDERED FOR THE STUDY
- 1.3 CURRENCY
- TABLE 1 EXCHANGE RATES UTILIZED FOR THE CONVERSION TO USD
- 1.4 STAKEHOLDERS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH APPROACH
- 2.2 RESEARCH METHODOLOGY DESIGN
- FIGURE 2 DERMATOLOGY FUNCTIONAL FOODS MARKET: RESEARCH DESIGN
- 2.2.1 SECONDARY RESEARCH
- 2.2.1.1 Key data from secondary sources
- 2.2.2 PRIMARY DATA
- FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
- 2.3 MARKET SIZE ESTIMATION: DERMATOLOGY FUNCTIONAL FOODS MARKET
- FIGURE 4 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
- 2.4 DATA TRIANGULATION APPROACH
- FIGURE 5 DATA TRIANGULATION METHODOLOGY
- 2.5 ASSUMPTIONS FOR THE STUDY
- 2.6 LIMITATIONS
- 2.6.1 METHODOLOGY-RELATED LIMITATIONS
- 2.6.2 SCOPE-RELATED LIMITATIONS
3 MARKET OVERVIEW
- 3.1 INTRODUCTION
- 3.2 MARKET DYNAMICS
- 3.2.1 DRIVERS
- 3.2.1.1 Increasing consumption of nutrient-enriched foods to improve overall health
- FIGURE 6 NUMBER OF COUNTRIES MANDATING FOOD FORTIFICATION, 2011-2019
- 3.2.1.2 High incidence of allergic diseases
- 3.2.1.3 Growth in health awareness among consumers
- 3.2.1.4 Increasing R&D and production capacity for functional food and beverage products
- 3.2.2 RESTRAINTS
- 3.2.2.1 Higher cost of functional food products due to the inclusion of healthier or naturally sourced ingredients
- FIGURE 7 FREQUENCY OF FUNCTIONAL FOOD CONSUMPTION GLOBALLY, 2019
- 3.2.2.2 Increasing incidence of allergies and intolerance related to some functional ingredients
- 3.2.3 OPPORTUNITIES
- 3.2.3.1 Development of different techniques to create high-value natural carotenoids
- FIGURE 8 CAROTENOIDS PROCESSING, BY TECHNOLOGY
- 3.2.3.2 Alternative sources to obtain omega-3
- TABLE 2 UPCOMING ALTERNATIVE SOURCES FOR OMEGA-3 FATTY ACIDS
- 3.2.3.3 Growth in the retail sector of emerging countries
- FIGURE 9 INDIA: RETAIL MARKET SIZE, 2021 (USD BILLION)
- FIGURE 10 AUSTRALIA: RETAIL SALES OF FUNCTIONAL AND FORTIFIED FOOD PRODUCTS, 2018-2022 (USD MILLION)
- FIGURE 11 INDIA: ONLINE RETAIL MARKET SIZE, 2021 (USD BILLION)
- 3.2.4 CHALLENGES
- 3.2.4.1 Complexities related to the integration and adulteration of functional food products
- 3.2.4.2 Off-taste and flavor of functional ingredients
- 3.2.1 DRIVERS
- 3.3 REGULATORY LANDSCAPE
- 3.3.1 NORTH AMERICA
- 3.3.1.1 US
- 3.3.1.2 Canada
- 3.3.2 EUROPEAN UNION (EU)
- 3.3.3 ASIA PACIFIC
- 3.3.3.1 Japan
- 3.3.3.2 China
- 3.3.3.3 India
- 3.3.3.4 Australia & New Zealand
- 3.3.4 LATIN AMERICA
- 3.3.4.1 Brazil
- 3.3.4.2 Mexico
- 3.3.4.3 Argentina
- 3.3.5 MIDDLE EAST
- 3.3.1 NORTH AMERICA
- 3.4 SUPPLY CHAIN ANALYSIS: FUNCTIONAL FOODS MARKET
- FIGURE 12 PRODUCT DEVELOPMENT AND MANUFACTURING PLAY A VITAL ROLE IN THE SUPPLY CHAIN FOR THE FUNCTIONAL FOODS MARKET
- 3.5 VALUE CHAIN ANALYSIS
- FIGURE 13 FUNCTIONAL FOODS MARKET: VALUE CHAIN
- 3.5.1 SOURCING OF RAW MATERIALS
- 3.5.2 PRODUCTION & PROCESSING
- 3.5.3 DISTRIBUTION, MARKETING, AND SALES
- 3.6 PRICING ANALYSIS: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE
- FIGURE 14 PRICING TREND OF FUNCTIONAL FOOD INGREDIENTS, 2017-2020 (USD/KG)
- 3.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESS
- FIGURE 15 REVENUE SHIFT FOR THE FUNCTIONAL FOODS MARKET
- 3.8 TRADE ANALYSIS
- TABLE 3 KEY EXPORTING COUNTRIES WITH EXPORT VALUE OF VITAMINS & VITAMIN SUPPLEMENTS, 2019 (USD MILLION)
- 3.9 COVID-19 SPECIFIC TRENDS
- 3.9.1 COVID-19 BOOSTED THE DEMAND FOR HIGH-QUALITY AND PREMIUM PRODUCTS
- 3.9.2 COVID-19 IMPACT ON RAW MATERIAL AVAILABILITY AND SUPPLY CHAIN DISRUPTION
- 3.9.3 COVID-19 TO SHIFT THE DEMAND TOWARD PLANT-SOURCED INGREDIENTS
4 SKIN HEALTH/DERMATOLOGY FUNCTIONAL FOODS MARKET, BY AREA OF USE
- 4.1 INTRODUCTION
- TABLE 4 DERMATOLOGY FUNCTIONAL FOODS MARKET, BY AREA OF USE, 2019-2026 (USD MILLION)
- 4.1.1 SKIN CONDITIONS
- TABLE 5 DEFICIENCY OF MACRONUTRIENTS AND MICRONUTRIENTS RELATED TO SKIN CONDITIONS
- TABLE 6 DERMATOLOGY FUNCTIONAL FOODS MARKET FOR SKIN CONDITIONS, BY REGION, 2019-2026 (USD MILLION)
- 4.1.2 ANTI-AGING
- TABLE 7 DERMATOLOGY FUNCTIONAL FOODS MARKET FOR ANTI-AGING USAGE, BY REGION, 2019-2026 (USD MILLION)
- 4.1.3 ANTI-ALLERGY
- TABLE 8 DERMATOLOGY FUNCTIONAL FOODS MARKET FOR ANTI-ALLERGY USAGE, BY REGION, 2019-2026 (USD MILLION)
- 4.2 RELATED MARKETS
- 4.2.1 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE
- TABLE 9 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019-2026 (USD MILLION)
- 4.2.2 FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE
- TABLE 10 FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019-2026 (USD MILLION)
5 SKIN HEALTH/DERMATOLOGY FUNCTIONAL FOODS MARKET, BY REGION
- 5.1 INTRODUCTION
- TABLE 11 DERMATOLOGY FUNCTIONAL FOODS MARKET, BY REGION, 2019-2026 (USD MILLION)
- 5.2 NORTH AMERICA
- TABLE 12 US: MACROINDICATORS
- TABLE 13 CANADA: MACROINDICATORS
- TABLE 14 NORTH AMERICA: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY COUNTRY, 2019-2026 (USD MILLION)
- TABLE 15 NORTH AMERICA: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY AREA OF USE, 2019-2026 (USD MILLION)
- 5.3 EUROPE
- TABLE 16 UK: MACROINDICATORS
- TABLE 17 GERMANY: MACROINDICATORS
- TABLE 18 EUROPE: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY COUNTRY, 2019-2026 (USD MILLION)
- TABLE 19 EUROPE: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY AREA OF USE, 2019-2026 (USD MILLION)
- 5.4 ASIA PACIFIC
- TABLE 20 CHINA: MACROINDICATORS
- TABLE 21 JAPAN: MACROINDICATORS
- TABLE 22 INDIA: MACROINDICATORS
- TABLE 23 ASIA PACIFIC: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY COUNTRY, 2019-2026 (USD MILLION)
- TABLE 24 ASIA PACIFIC: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY AREA OF USE, 2019-2026 (USD MILLION)
- 5.5 REST OF THE WORLD
- FIGURE 16 ROW: RISING PER CAPITA FOOD EXPENDITURE, BY KEY COUNTRY, 2012-2018 (USD)
- TABLE 25 BRAZIL: MACROINDICATORS
- TABLE 26 SAUDI ARABIA: MACROINDICATORS
- TABLE 27 EGYPT: MACROINDICATORS
- TABLE 28 REST OF THE WORLD: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY REGION, 2019-2026 (USD MILLION)
- TABLE 29 REST OF THE WORLD: DERMATOLOGY FUNCTIONAL FOODS MARKET, BY AREA OF USE, 2019-2026 (USD MILLION)
6 COMPETITIVE LANDSCAPE
- 6.1 OVERVIEW
- 6.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- TABLE 30 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE DERMATOLOGY FUNCTIONAL FOODS MARKET
- 6.3 MARKET RANKING ANALYSIS
- FIGURE 17 DERMATOLOGY FUNCTIONAL FOODS MARKET RANKING, BY KEY PLAYER, 2020
- 6.4 COMPETITIVE SCENARIO
- 6.4.1 PRODUCT LAUNCHES
- 6.4.2 DEALS
- 6.4.3 OTHER DEVELOPMENTS
7 COMPANY PROFILES
- (Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)**
- 7.1 BASF SE
- TABLE 34 BASF SE: BUSINESS OVERVIEW
- FIGURE 18 BASF SE: COMPANY SNAPSHOT
- 7.2 ARCHER DANIELS MIDLAND COMPANY
- TABLE 35 ARCHER DANIELS MIDLAND COMPANY: BUSINESS OVERVIEW
- FIGURE 19 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
- 7.3 DUPONT
- TABLE 36 DUPONT: BUSINESS OVERVIEW
- FIGURE 20 DUPONT: COMPANY SNAPSHOT
- 7.4 CARGILL, INCORPORATED
- TABLE 37 CARGILL, INCORPORATED: BUSINESS OVERVIEW
- FIGURE 21 CARGILL, INCORPORATED: COMPANY SNAPSHOT
- 7.5 DANONE SA
- TABLE 38 DANONE SA: BUSINESS OVERVIEW
- FIGURE 22 DANONE SA: COMPANY SNAPSHOT
- 7.6 ARLA FOODS
- TABLE 39 ARLA FOODS: BUSINESS OVERVIEW
- FIGURE 23 ARLA FOODS: COMPANY SNAPSHOT
- 7.7 NESTLE SA
- TABLE 40 NESTLE SA: BUSINESS OVERVIEW
- FIGURE 24 NESTLE SA: COMPANY SNAPSHOT
- 7.8 KONINKLIJKE DSM N.V.
- TABLE 41 KONINKLIJKE DSM N.V.: BUSINESS OVERVIEW
- FIGURE 25 KONINKLIJKE DSM N.V.: COMPANY SNAPSHOT
- 7.9 GLANBIA PLC
- TABLE 42 GLANBIA PLC: BUSINESS OVERVIEW
- FIGURE 26 GLANBIA PLC: COMPANY SNAPSHOT
- 7.10 HERBALIFE NUTRITION LTD.
- TABLE 43 HERBALIFE NUTRITION LTD.: BUSINESS OVERVIEW
- FIGURE 27 HERBALIFE NUTRITION LTD.: COMPANY SNAPSHOT
- 7.11 AMWAY
- TABLE 44 AMWAY: BUSINESS OVERVIEW
- 7.12 CHR. HANSEN HOLDING A/S
- TABLE 45 CHR. HANSEN HOLDING A/S: BUSINESS OVERVIEW
- FIGURE 28 CHR. HANSEN HOLDING A/S: COMPANY SNAPSHOT
- 7.13 GENERAL MILLS
- TABLE 46 GENERAL MILLS: BUSINESS OVERVIEW
- FIGURE 29 GENERAL MILLS: COMPANY SNAPSHOT
- 7.14 INGREDION INCORPORATED
- TABLE 47 INGREDION INCORPORATED: BUSINESS OVERVIEW
- FIGURE 30 INGREDION INCORPORATED: COMPANY SNAPSHOT
- 7.15 KEMIN INDUSTRIES, INC.
- TABLE 48 KEMIN INDUSTRIES, INC.: BUSINESS OVERVIEW
