Regional Analysis
The regional review of the NutricosmeticsMarket is segmented into Europe, North America, Asia Pacific, and Rest of the World. The Asia Pacific region is observed to influence the chief market stake in the nutricosmetics market trailed by the European region. The Asia Pacific is predicted to be the quickest increasing region, due to the increasing awareness about nutritional products infused with cosmetic features. Also, growing per capita disposable income in the emerging countries of this region and their predisposition towards supplements to augment their beauty are motivating the demand for nutricosmetics in this region.
Competitive Analysis
- Nestle (Switzerland)
- Nutrikosm (Spain)
- Laboratoire PYC (France)
- Zea Skin Solutions Skincare (UK)
- Plandai Biotechnology (UK)
- Beiersdorf AG (Germany)
- Procter & Gamble Co. (US)
- L’Oréal S.A. (France)
- Calamansa (Spain)
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A considerable ascension in the number of promoters in the market is estimated to form a beneficial outlook for market growth in the projected period. The surge in the market is credited to the presence of favorable market forces are expected to complement the development of the market. The positive reinforcement of the forces of demand and supply is expected to lift the market growth in the coming years. The synergies achieved in the manufacturing of the goods in the market are enhanced, leading to better growth prospects. The availability of productive resources is expected to further the progress of the market in the forecast period. The increased transaction level in the market is expected to spur an accelerated level of growth in the market. The conception of prodigious competitive advantages is likely to support the progress of the market. The relaxation of the barriers to the entry of new players in the market is expected to encourage the expansion of the market in the impending years.
Nutricosmetics Market – Overview
The market for nutricosmetics has gained traction due to increased social media activity and endorsement from prominent institutions. The increased need to improve intake of nutrients and antioxidants is expected to encourage the nutricosmetics market globally. Moreover, the rapidly growing beauty industry fuelled by the mounting trends related to nutritional cosmetics is expected to benefit the nutricosmetics market in the coming period.
The novelty factor of products or treatments in the beauty and cosmetic sector is essential in encouraging the adoption of nutricosmetics. Reports that assess the food, beverage, and nutrition industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts. The market is observed to be on an upward growth curve in the forecast period.
Industry Updates:
Apr 2019 Lipofoods, a functional food ingredient developer, has made public a ‘highly bio-available’ micro-encapsulated curcumin ingredient for application in beauty-from-within beverages. The new Curcushine is a vegan, natural, and ‘highly soluble’ ingredient created with a neutral taste as the company aims to present something that is easily incorporated into beauty drinks and nutricosmetics.
Mar 2019 Unilever is continuing the strengthening of its beauty and personal care offerings with a binding proposal to obtain Garancia, a French nutricosmetic firm. The particulars of the transaction were not revealed by Unilever currently, and the acquisition is expected to close in Q2 2019, which is subject to the routine consultation process.
Segmental Analysis
The segmentation evaluation of the Nutricosmetics Market has been conducted on the basis of form, nutrient, distribution channel, and region.
Based on the Form
- Cream
- Gel
- Powder
- Liquid
Based on the Nutrient
- Herbs & botanicals
- Vitamins & minerals
- Essential fatty acids
Based on the Distribution Channel
- Non-store based
- Store based
Based on the Regions
- Europe
- North America
- Asia Pacific
- Rest of the World
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