Year-End Sale is Live! Find Exclusive Prices on the Best Selling Pharma & MedTech Reports. Check Now!
Jul 05, 2023
Table of Contents
The desire for natural beauty that can improve one’s health and appearance without having any negative side effects is rising as consumers are becoming more cautious about the food they eat and the products they introduce into their bodies. Nutricosmetics are one such category of product that fit with the modern culture and the approach of the new generation to enhance their beauty. Nutricosmetics are a new category of beauty products, and the global demand for these products is growing at an unprecedented pace among beauty enthusiasts and health-conscious individuals. Nutricosmetics act as nutritional supplements to care for skin, nails, and hair’s natural beauty. They strive to encourage inner beauty from the inside out.
The Nutricosmetics market is also growing at an exceptional pace. As per the latest assessment by DelveInsight, the global Nutricosmetics Market was valued at USD 7,495.13 million in 2022 and growing at a CAGR of 8.20% during the forecast period (2023 to 2028); the market size is expected to reach USD 11,988.24 million by 2028. The demand for Nutricosmetics is primarily being boosted by the rising demand for natural health and beauty products, growing awareness among the urban population, and the recent product launches and innovations of Nutricosmetics in the market. Similarly, several major companies like D-Lab Nutricosmetics, Aethern Nutricosmetics, Laviesage Nutricosmetics, among others are actively involved in the development of new and innovative Nutricosmetics.
Article in PDF
Nutricosmetics, also referred to as “beauty supplements” or “ingestible beauty,” are oral supplements developed to nurture and sustain the natural beauty of skin, hair, and nails. Nutricosmetics, as contrary to conventional topical skincare solutions, target the underlying reasons for frequent aesthetic issues from the inside out. The beauty industry is touching new heights with the launch of new and innovative Nutricosmetic products in the market. These products are available in a variety of formats, such as capsules, powders, beverages, and bars, and they provide convenience and usage versatility.
The secret to Nutricosmetics’ efficacy is in its formulation, which often consists of a combination of antioxidants, vitamins, minerals, and bioactive substances. The body’s largest organ, the skin, benefits greatly from the combination of these chemicals. Collagen peptides, for instance, which are a typical component of Nutricosmetics, stimulate the production of collagen and increase skin elasticity, which results in fewer wrinkles and a more youthful appearance.
Some of the key benefits of Nutricosmetics products are as follows:
Despite several benefits that the Nutricosmetics products provide. There are a few disadvantages that need to be addressed for greater adoption and better user experience. Some of the key drawbacks are followers:
The increased demand for organically created natural health and beauty products is one of the major reasons driving the Nutricosmetics market growth. Due to their holistic approach to beauty, preventive nature, and alignment with natural and clean beauty trends, Nutricosmetics products are becoming more and more popular among health enthusiasts and the younger generation. Nutricosmetics have arisen as a potential product that supports both internal and exterior beauty at the same time. Moreover, consumers are paying more attention to the goods they use and the ingredients they eat. The preference for Nutricosmetics over synthetic beauty products has quickly changed in recent years. The cases of skin allergies, burning sensations, and its unsuitability for specific skin types are the main causes that can be linked to this. Natural and plant-based substances are frequently used in Nutricosmetics, instead of the harsh chemicals that can be found in some conventional skincare products. This is in line with the increased desire for all-natural, clean beauty products. Similarly, the aging population globally has increased interest in anti-aging treatments and preserving youthful features. With its proactive approach to tackling age-related skin issues, Nutricosmetics draws customers looking for practical, long-lasting solutions to maintain healthy, youthful-looking skin. Overall, Nutricosmetics fit well within this wellness culture as they bridge the gap between beauty and nutrition, offering products that support not only external beauty but also internal health.
Furthermore, advancements in research activities in novel and innovative product development are another key factor driving the Nutricosmetics market growth. Currently, various studies are going on to assess the relationship between nutrition and skin health. Some of the studies have provided key insights into the potential benefits of specific ingredients. Additionally, innovative formulations and delivery methods have improved the efficacy and convenience of Nutricosmetics, which is further driving consumer interest.
There are several major Nutricosmetics companies actively working in the market. Some prominent ones are as follows:
Similarly, Amway Corp., BASF SE, Bayer AG, Herbalife Nutrition, Symrise, Seppic, Nexira, Johnson and Johnson Services, Inc., Biova, Laboratorios de Formulaciones Avanzadas S.L., DSM, noVadiet S.A., kynd. Life, Martinez Nieto S.A., are among other major players in the Nutricosmetics market. Owing to rising demand and higher revenue potential, several new players are anticipated to enter the market in the upcoming years.
Nutricosmetics over a short period of time have emerged as a promising sector within the beauty and wellness industry, offering a holistic approach to enhancing beauty from within. The Nutricosmetics market is well segmented by various product types such as tablets, capsules, gummies, powder, and other products. Their potential application in the areas like skin, hair, and nails is growing at a massive pace. As per DelveInsight, in the product type segment of the Nutricosmetics market, the gummies category is expected to hold the largest share in the upcoming years owing to the wide applications and advantages associated with gummies or soft chews.
Similarly, among all the regions, North America is expected to hold the largest share in the global Nutricosmetics market. The increasing food and pharmaceutical industry, cases of vitamin deficiencies, the growing end-user base for Nutricosmetics owing to the increasing awareness, growing geriatric population, among others in the region are some of the key factors influencing the growth of the Nutricosmetics market in the region. Furthermore, the presence of key market players and the rising research and development activities on Nutricosmetics is also driving the market growth for Nutricosmetics in North America.
Nutricosmetics offers a special approach to skin health, strengthening hair and nails, and boosting general well-being as they place a strong emphasis on supplying the body with necessary nutrients, antioxidants, and other helpful substances. With the rising consumer preferences and employing the comprehensive method to enhance beauty, the demand for Nutricosmetics is expected to continue growing in the future across all the regions globally. However, there are certain concerns such as product efficacy, regulatory standards, and transparency in ingredient sourcing, which are needed to be well-evaluated and addressed to win the consumer’s trust and confidence in Nutricosmetics products. Future profitability and credibility of the Nutricosmetics sector will depend on addressing these challenges through scientific developments, industry regulations, and more consumer education. Overall, Nutricosmetics have the potential to revolutionize the beauty sector and enable people to accomplish their aesthetic goals from the inside out by achieving the appropriate mix between innovation, safety, and consumer confidence.
Article in PDF
Nov 20, 2024