DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Beauty Supplements Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2016 to 2024" report to their offering.
The global beauty supplements market is expected to reach over US$ 7,100 Mn by 2023, expanding at a CAGR of 9.5% from 2016 to 2023.
The global beauty supplements market is growing at a fast pace and is anticipated to attain significant market size over the next few years. Increasing concerns of people towards their aesthetic appeal, appearance and looks along with augmented spending power has strengthened the growth of beauty supplements market over the past few years.
The beauty supplements market is highly fragmented owing to the presence of various large and small companies. Small companies provide handful of specialty products; yet major players undertake extensive R&D programs to standardize their products. In this market, vendors compete in terms of product differentiation, price, promotion and distribution. The competition in the market is projected to intensify with an increase in consumer awareness and product innovations among others.
The global beauty supplements market is segmented on the basis of applications into skin care, hair care, nail care, dental care and others (overall health supplements). The skin care segment dominated the global beauty supplements market and accounted for more than 30% share of the total market in 2015, followed by the hair care segment in 2015.
- Increasing consumer health awareness driving growth of the global beauty supplements
- Easy availability of products through various distribution channels
- Asia Pacific will drive demand in upcoming years
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 4 Global Beauty Supplements Market, by Application
Chapter 5 Global Beauty Supplements Market, by Distribution Channel
Chapter 6 Global Beauty Supplements Market, by Region
Chapter 7 Company Profiles
- Hum Nutrition Inc
- Imedeen (Pfizer Inc.)
- Lifes2Good Inc
- Meiji Holdings Co., Ltd
- Murad Uk Ltd
- Neocell Corporation
- Reserveage Nutrition, Llc
- Vitabiotics Ltd
For more information about this report visit https://www.researchandmarkets.com/research/xghst5/global_beauty