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Increasing Emphasis on Oral Supplements for Maintaining and Enhancing Physical Appearance to Drive Growth in the Nutricosmetics Market


Published: June 2017

REPORT STATISTICS


  • Code: MCP-6498
  • Pages: 218
  • Tables: 37
  • Companies: 91


NUTRICOSMETICS: A RESEARCH BRIEF

The global Nutricosmetics market is projected to reach US$7.5 billion by 2024, driven by the rising prominence of beauty from within concept and increased focus on ingestible products for enhancing physical appearance. Besides the aging population, the desire to look attractive and young, and development of new and effective products are leading to supplementation of topical cosmetics with oral nutricosmetics for daily beauty regimen. Europe represents the largest market worldwide, supported by expanding population of the elderly, particularly in Western European nations. The United States is forecast to grow at the fastest CAGR of 10.3% over the analysis period, led by factors such as growing confidence among younger consumers over the power of natural oral herbal formulations in preserving beauty; increased availability of scientific data offering support for the efficacy of nutricosmetics; emerging new standards for male beauty and the rise of men as lucrative target customers; and increased per capita spending on cosmetic solutions as beauty increasingly becomes a high-maintenance routine.  

    Summary of Findings

  • Consumer Inclination Towards Less Invasive Beauty Treatments Favors Market Growth
  • Rise of Holistic Spa-Yoga Centers Propels Market Growth
  • Strong Demand for Skin & Hair Care Products among Men to Fuel Growth in the Nutricosmetics Market
  • Increasing Sales of Nutricosmetics as a Beauty Drink
  • Collagen Nutricosmetics for Wrinkle-free Skin Find Increased Acceptance
  • Launch of Vitamin Enriched Products to Offer Potential Opportunities for Nutricosmetics

    Timeline for Analysis

  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), China and Rest of World

MAJOR PLAYERS

  • BASF SE
  • ExcelVite Sdn. Bhd
  • Frutarom Industries Ltd.
  • Frutels LLC
  • Functionalab
  • GliSODin Skin Nutrients

KEY RESEARCH DELIVERABLES

  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable