Global Nutricosmetics Market: Overview
Nutricosmetics is an oral based natural heath products which include specific nutrients and antioxidant that provides treatment or prevents problems in skin, hair and nails arising due to several deficiencies such as lack in vitamin B12, vitamin D, vitamin A and vitamin C. Consumers over the years have become conscious about the wellbeing of the skin, hair and overall health.
The global Nutricosmetics market has been segmented on the basis of product types, primary function, distribution channel, and region. Based on product types, the market has been segmented into supplements and beauty beverages/drinks. The supplements have been further segmented into tablets, capsules, powder and liquids. Based on primary function, the market has been segmented into skin care, hair care, nail care, weight management and multifunctional. Skin care has been further segmented into sun care, anti-aging, radiance, and glow, anti-acne, pimple. The market has been further segmented on the basis of distribution channel into modern trade, health and beauty stores, specialty stores, pharmacy stores and E-commerce.
Global Nutricosmetics Market: Scope of Study
The report also analyzes factors driving and inhibiting growth of the glass tableware market. The report will help manufacturers, suppliers, and distributors to understand the present and future trends in this market and formulate strategies accordingly. The market has been tracked in terms of revenue (US$ Mn) and the same has been segmented based on product type, primary function, and distribution channel.
Global Nutricosmetics Market: Market Dynamics
The demand for organic products among the consumers have surged to a great extent in the past few years, on account of increasing awareness about the benefits offered by natural products. Synthetic products are inclusive of harmful chemicals that may have adverse effects on human health. Due to this issue, health conscious consumers are shifting their focus towards natural products. Introduction of new innovative nutricosmetic products having organic elements is another key factor driving the sales of nutricosmetic products.
In recent periods, products have been launched presenting innovative elements such as oils, barks, fruits, roots, and seeds. In addition, fruit extracts, green tea, and coenzyme Q10 are the other commonly used ingredients in nutricosmetic products. These are some major factors responsible for the switch from synthetic products to natural products. The popularity of nutricosmetics among the aging population is also considered as one of the key drivers of the global nutricosmetics market. Rapidly growing base of aging population coupled with increasing awareness about health and wellness is also fuelling the demand for nutricosmetics at present.
Additionally, many countries across the globe are expected to serve as potentially good markets for nutricosmetic products. For instance, the demand for nutricosmetics products has increased in Asia Pacific. In addition, Japan has made rapid progress with regards to the growth of this market. Further, China is expected to register a healthy growth in the forecast period. Taiwan and South Korea are expected to be lucrative regions for nutricosmetics in coming years.
Moreover, in this report, the study provides different countries included in different regions such as North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Europe which includes EU5, Nordic, Russia, and Poland among the other regions dominated the global Nutri cosmetics market due to rising consciousness regarding health and beauty among the people. EU5 among the other regions in Europe captured a large part of the market share in 2016. Asia Pacific which includes India, China, Japan, Australia and New Zealand among the other regions also captured a significant market share in 2016. Japan dominated the Nutri cosmetics market among the other regions due to its product launches in recent years which include collagen-based drinks and vitamin infused sodas. North America, which includes the U.S. and Canada showed the fastest growth rate during the forecast period due to the rapid adoption rate of nutricosmetics among the consumers.
Global Nutricosmetics Market: Competitive Landscape
The report provides company market share analysis of the various key participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies and SWOT Analysis. Global key participants of the cosmetic ingredient market include Cargill Incorporated (Minnesota, U.S.), E. I. Du Pont De Nemours and Company (Delaware, U.S.A.), Nestle S.A. (Vevey, Switzerland), L’Oreal SA (Clichy France), The Coca-Cola company (Atlanta, Georgia, U.S.A.), Skinside AG (Switzerland), Croda International Plc (East Yorkshire U.S.A), Pfizer Inc.(NewYork, U.S.A), Frutarom Industries Limited (Haifa District, Israel), Nutrikosm (Barcelona, Spain), Robinson Pharma Incorporated (Santa Ana, CA, U.S.A.), Shiseido (Tokyo, Japan), Ashland Incorporated (Kentucky, U.S.A.), Vitabiotics Company (London, U.K.), Medcoll Bio (Westmeath, Ireland).