Global Nutricosmetics Market was valued at US$ 6.80 Bn in 2019 and is expected to reach 8.60 Bn by 2027, at a CAGR of 5.05 % during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Nutricosmetics Market, Definition:
Nutricosmetics are innovative ingestible products, which are used specifically for beauty benefits. These products are available in the market in the form of beauty food, beauty supplements, or beauty beverages, which contain ingredients like botanical actives, enzymes, proteins, and vitamins.
Global Nutricosmetics Market
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Global Nutricosmetics Market Dynamics:
The Nutricosmetics products are becoming popular among the well-educated, high-income demographic, which is expected to enhance the hectic lifestyle are some of the prominent factors behind the growth in the Global Nutricosmetics Market. Rising awareness of the therapeutic benefits concerning Nutricosmetic products is a major factor, which is boosting the growth of the Global Nutricosmetics Market. Nutricosmetics products are a suitable option to tenacity the beauty concerns of consumers across the globe. Growing approaches to stay healthy and look young are increasing the sales of Nutricosmetics. On the other hand, strict regulations are limiting the growth of the Global Nutricosmetics Market.
The increasing demand for personal care products is expected to contribute maximum share in the global Nutricosmetics market. Rising awareness about health, wellness, and personal grooming and appearance among the population across the globe is projected to increase the demand for personal care products. Growing awareness towards health and beauty, positive effects of ingredients, aging population, and increasing demand for less invasive beauty treatments are some of the factors that are increasing demand for the Nutricosmetics personnel care products.
Segment Analysis of the Global Nutricosmetics Market:
The online store segment is projected to dominate the Global Nutricosmetics Market. The online platform becomes popular owing to providing delivery to the doorstep by order of products. With an online platform, the consumer can compare the price of Nutricosmetics products on different websites. Online platforms provide home delivery and free shipping and exchange & return offer.
Regional Insights of the Global Nutricosmetics Market:
Europe held the major share in the Global Nutricosmetics Market followed by Asia-Pacific. The presence of an elderly population in developed Western European economies and increasing penetration rates of these products in the region are some of the factors accrediting to significant growth. Furthermore, Asia-Pacific is expected to witness significant growth in the global Nutricosmetics market. The growth in the market can be attributed to the increasing demand for Nutricosmetics owing to the huge population and rising health awareness among the consumers in developing countries like China and India.
The objective of the report is to present a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, projects the global Nutricosmetics Market.
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Global Nutricosmetics Market, by Product
• Personal Care
o Skin Care
o Hair Care
• Health Care
o Digestive Health
o Heart Health
• Weight Management
Global Nutricosmetics Market, by Ingredients
• Omega 3 Fatty Acids
Global Nutricosmetics Market, by Distribution Channel
• Drug Stores/Pharmacies
• Specialist Stores
• Online Stores
Global Nutricosmetics Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Nutricosmetics Market:
• Groupe Danone SA
• Baker Hughes – a GE Co.
• Schlumberger Ltd.
• Weatherford International Ltd.
• National Oilwell Varco Inc.
• Great Lakes Wellhead, Inc.
• Performance Wellhead & Frac Components Inc.
• Cactus Wellhead, LLC.
• BASF SE
• Solgar Inc.
• Nutrilo GmbH
• Lonza Group LLC
• Ferrosan A/S
• Husumer Mineralbrunnen GmbH
• Martek Biosciences Corporation
• Laboratoires Inneov SNC
• Beiersdorf Ag
• Denomega Nutritional Oils AS
• GlaxoSmithKline Pharmaceuticals Limited
• Lonza Group Ltd
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