DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Beauty Drinks Market - Growth, Trends & Forecast (2015-2020)" report to their offering.
The global beauty drinks market was valued at $600 million in 2014 and is expected to reach around $1 billion by 2020 with an estimated CAGR of 11.6%.
Rapid industrialization resulted in advanced machinery leading to a mass production of beverages. Rapid growth in beauty conscious population has been witnessed in the developing countries during the past 5 years. Subsequently, an expansion of consumer base for healthy and nutritionally valued products has occurred globally. Increasing pollution and changing life styles resulted in early signs of ageing in the crowds, acting as a driver for the beauty drinks market.
Free radicals are the main wrongdoer for skin ageing. These often cause oxidative damage that breaks down dermis and epidermis, leading to skin ageing. Major ingredients used in beauty drinks include vitamins, minerals, fruit extracts, coenzymes and proteins. New products with antioxidants have also been successful in delaying the early signs of ageing. Of these, collagen protein based products have been produced extensively constituting over 45% of the total product range. Up on beneficial research findings, fruit extract and coenzyme based products are expected to grow substantially dominating the sector in the coming 5 years.
AMC labs, Beautific Beauty labs, Ocoo, Juice generation and Lumina skin care are the major players in the sector with their products accounting to over 80% of the market share.
2. KEY FINDINGS OF THE STUDY
3. MARKET DYNAMICS
4. MARKET SEGMENTATION
5. Competitive Landscape
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/zf5kkx/global_beauty