The latest report by IMARC Group, titled “Nutricosmetics Market Report by Ingredient (Carotenoids, Omega-3, Vitamins, and Others), Product (Skin Care, Hair Care, Weight Management, and Others), Distribution Channel (Drug Stores/Pharmacies, Supermarkets and Hypermarkets, Specialist Stores, Online Stores, and Others), and Region 2024-2032“, The global nutricosmetics market size reached US$ 7.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.

Factors Affecting the Growth of the Nutricosmetics Industry:

• Consumer Demand for Holistic Health Solutions:

In today’s health-conscious world, more consumers are adopting a holistic approach to health and beauty, seeking comprehensive solutions that offer both aesthetic benefits and wellness advantages. Nutricosmetics, which provide nutrients essential for skin, hair, and nail health, are perfectly poised to meet this demand. The trend toward natural and preventative healthcare has led consumers to prefer products that improve their appearance and contribute to their overall well-being. This growing consumer awareness about the interconnectedness of diet, health, and beauty is a fundamental driver of growth in the nutricosmetics market, encouraging the development and uptake of these innovative products.

• Advancements in Scientific Research and Nutrient Delivery Systems:

The nutricosmetics sector benefits significantly from ongoing research into the role of nutrients in skin health and the development of new delivery systems for these nutrients. Enhanced bioavailability and the efficacy of active ingredients are crucial for the success of nutricosmetics. Technologies such as microencapsulation and nanotechnology have revolutionized the way active ingredients are delivered, making them more effective and faster. These scientific advancements improve product performance and boost consumer trust and satisfaction, leading to higher adoption rates. Additionally, the integration of these technologies supports sustained release and targeted delivery, enhancing overall product appeal and effectiveness in the competitive wellness market.

• Expansion in Global Markets:

The globalization of the beauty and wellness sectors has facilitated the rapid expansion of nutricosmetics into new markets. As international awareness of and accessibility to these products increases, so does their adoption across diverse demographic and geographic segments. Companies are scaling their operations internationally, leveraging both online and offline retail platforms to reach a broader audience. Furthermore, the growing middle class in emerging economies is increasingly investing in lifestyle and wellness products, including nutricosmetics, which supports the industry’s growth on a global scale. This worldwide expansion is a key driver for the industry, fueled by both developed and developing markets seeking innovative beauty solutions.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/nutricosmetics-market/requestsample

Competitive Landscape with Key Player:

• Amway
• BASF SE
• Bayer AG
• Beiersdorf (Maxingvest AG)
• Blackmores Ltd.
• Herbalife Nutrition Ltd.
• Otsuka Holdings Co. Ltd.
• Pfizer Inc.
• Reckitt Benckiser
• Suntory Holdings Limited (Kotobuki Realty Co. Ltd.)
• Unilever

The report has segmented the market into the following categories:

Breakup by Ingredient:

• Carotenoids
• Omega-3
• Vitamins
• Others

Carotenoids dominate the market due to their potent antioxidant properties that help protect the skin from environmental damage and improve its appearance.

Breakup by Product:

• Skin Care
• Hair Care
• Weight Management
• Others

Skin care accounts for the largest market share as consumers primarily seek products that enhance skin health and appearance, leveraging nutrients that promote clear, youthful, and vibrant skin.

Breakup by Distribution Channel:

• Drug Stores/Pharmacies
• Supermarkets and Hypermarkets
• Specialist Stores
• Online Stores
• Others

Based on the distribution channel, the market has been segmented into drug stores/pharmacies, supermarkets and hypermarkets, specialist stores, online stores, and others.

Market Breakup by Region:

• 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

Europe's dominance in the nutricosmetics market is attributed to the region's high consumer awareness of the link between nutrition and skin health, along with stringent regulatory standards promoting high-quality, effective products.

Global Nutricosmetics Market Trends:

The global nutricosmetics market is witnessing significant growth driven by increasing consumer awareness regarding the correlation between nutrition and skin health. Demand for nutricosmetics, which combine nutritional supplements with beauty benefits, is rising steadily as consumers seek holistic approaches to skincare. Key trends include the integration of natural ingredients like vitamins, antioxidants, and collagen to promote skin elasticity and radiance. Additionally, innovative formulations catering to specific skincare concerns such as aging, acne, and hydration are gaining traction. Moreover, advancements in technology and research are facilitating the development of personalized nutricosmetic solutions tailored to individual needs, further propelling market growth.

Note: If you need specific information that is not currently within the scope of the report, we will 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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel NoD) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163