The
nutricosmetics market is segmented into liquid and pill, which is
further subdivided into skin care, hair care and others.
Nutricosmetics are oral based natural health products containing
targeted nutrients and antioxidant that can have a preventative or
treatment effect on the skin, hair and nails. Some of the
micronutrients that act as nutricosmetic products are vitamin C,
collagen, omega 3 fatty acids, coenzymes Q10, carotenes, glutathione
and flavonoids among others.
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The
global nutricosmetics market is expected to witness substantial
growth during the forecast period, particularly due to increasing
aging population. The nutricosmetics products are available in
different formulations such as capsules, tablets, pills, jellies and
drinks. The global nutricosmetics market is expected to witness
substantial growth during the forecast period. Factors such as
increase in demand for natural products because of fewer side
effects, increasing popularity among the aging population and rising
medical health care costs are stimulating the growth of the global
nutricosmetics market globally.
Based
on geography, the global nutricosmetics market is segmented into
North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Asia Pacific has experienced high growth in the forecast period
followed by Europe and North America. The demand for nutricosmetics
in Asia Pacific is due to the huge population and growing health
awareness among the consumers in developing nations such as India and
China. The increasing demand for “beauty from within products” is
another factor which is influencing the growth of the nutricosmetics
market. The nutricosmetics market in Europe is primarily driven by
growing demand for health and beauty supplements. The increase in
demand for anti aging products is also stimulating the growth of the
global nutricosmetics market. The countries in the rest of the world
such as South Africa, UAE, Brazil, Taiwan and others are untapped
market and will offer substantial growth opportunity for
manufacturers in the nutricosmetics market.
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At
present, natural products are expensive compared to synthetic
products but people are expected to shift their consumption from
synthetic to natural products in the coming years. Growing consumer
preference for green attributes in cosmetics, and health and wellness
products is influencing the growth of the nutricosmetics market.
In
this report, the market has been segmented based on product types and
geography. The report also includes drivers, restraints and
opportunities (DROs). The study highlights current market trends and
provides the forecast from 2014 to 2020. We have also covered the
current market scenario for nutricosmetics and highlighted future
trends that are expected to affect the demand for nutricosmetics. The
study also provides forecast from 2014 - 2020 and highlights current
and future market trends.
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Press Release Nutricosmetics Market
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The
global nutricosmetics market by product type is segmented into:
liquid nutricosmetics and pill nutricosmetics. Liquid and pill
nutricosmetics market is further sub segmented into skin care, hair
care and others. The market for liquid nutricosmetics is
comparatively larger as compared to the pill nutricosmetics market.
Liquid nutricosmetics is expected to dominate the nutricosmetics
market throughout the forecast period, i.e., 2014 to 2020. The recent
development in the global nutricosmetics market include Coca-Cola
joining hands with Sanofi, a French pharmaceutical company to
manufacture nutricosmetics by leveraging their domain expertise in
pharmaceutical and beverage industry. In 2013, they launched a new
product Oenobiol Beautific and it is anticipated to boost up the
global market for nutricosmetics, In addition, Laboratories Inneov
SNC is a joint venture between L’Oreal SA and Nestle S.A. in the
nutricosmetics market.
Key
players have also been profiled on the basis of company overview,
financial overview, business strategies and recent developments in
the field of nutricosmetics market. Major market participants
profiled in this report include includes Croda International Plc,
Pfizer Inc, Frutarom Ltd, Sanofi-Aventis U.S. LLC, and Lucas Meyer
Cosmetics S.A.S.
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