DUBLIN--(BUSINESS WIRE)--The "Nutricosmetics Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Nutricosmetics Market is projected to register a CAGR of 8.63% over the forecast period (2020-2025).
The increasing demand for nutraceutical-based cosmetic products which include nutricosmetics is a major factor that drives the global nutricosmetics market. It is also gaining popularity among consumers because of its health and beauty benefits. The stringent regulations are the major restraint for the global nutricosmetics market.
Europe is the largest geographical segment in the market, followed by Asia-Pacific and North America. Asia-Pacific is the fastest-growing region in the market. Skincare products are the major application for nutricosmetics.
Key Market Trends
Skin Care Held a Prominent Share due to Increase in Usage of Collagen as a Key Ingredient
Clean label' is gaining traction in the market studied, due to healthy aging trends, worldwide. Rich antioxidants present in carotenoids, co-enzymes, and flavonoids help to hydrate the skin, reduce acne, dark circles, and skin wrinkles. Collagen-based nutricosmetics have stormed the retail shelf space in the recent past, due to the fair knowledge of consumers about their functionality, including anti-aging, revitalizes hair, skin elasticity, and hydration of the skin. Vitamin B3, also known as Niacinamide, is an ingredient that helps prevent hyperpigmentation, heal acne, and improve skin tone. It is increasingly used as hydrates the top layer of the skin. Moreover, Vitamin B3 decreases topical inflammation and radical damage to sun exposure.
Asia-Pacific is the Fastest Growing Market
Asia-Pacific is the fastest growing region in the global nutricosmetics market. The Asia-Pacific nutricosmetics market is driven by the increasing awareness in the region and also the increasing publicity given through media. The Asia-Pacific nutricosmetic market is led by Japan followed by China and India. The large population and increasing awareness are the factors boosting the market in China and India. Rapid growth was found in the consumption of nutricosmetic in various developed and developing countries of Asia-Pacific. The increasing aging population in the region is also driving the nutricosmetic market especially in Japan, China, and Australia. Asia-Pacific has the largest number of products with various applications marketed by various players.
Competitive Landscape
The global nutricosmetics market is a very fragmented market with a large number of players competing to become the market leaders. The major players of the market have a strong global presence and a large product portfolio. The major companies also enjoy a large loyal consumer base. The major players are Beiersdorf AG, Pfizer, Herbalife Limited, etc.
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Key Topics Covered:
1 INTRODUCTION
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Force Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Skin Care
5.1.2 Hair Care
5.1.3 Weight Management
5.1.4 Others
5.2 By Distribution Channel
5.2.1 Drug Stores/Pharmacies
5.2.2 Supermarkets/Hypermarkets
5.2.3 Specialist Stores
5.2.4 Online Stores
5.2.5 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Germany
5.3.2.4 Italy
5.3.2.5 Russia
5.3.2.6 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 Australia
5.3.3.4 India
5.3.3.5 Rest of Asia Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 United Arab Emirates
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Strategies adopted by Key players
6.2 Most Active Companies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Beiersdorf AG
6.4.2 The Amway (Malaysia) Holdings BHD
6.4.3 Herbalife Nutrition Ltd
6.4.4 Pfizer Inc.
6.4.5 Suntory Holdings Limited
6.4.6 The Reckitt Benckiser PLC
6.4.7 Bayer AG
6.4.8 Blackmores Ltd
6.4.9 Otsuka Holding Co. Ltd
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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