2021 Nutricosmetic Ingredients Market - Size, Share, COVID Impact Analysis and Forecast to 2027

The global market size of Nutricosmetic Ingredients stood at around $2.43 Billion during 2020. Further, over the forecast period, the market value is estimated to register 7.34% growth (CAGR) from 2020 to 2026 to reach $3.71 Billion market size in 2026.

Nutricosmetics are among the latest trends in the beauty industry that operates as nutritional supplements to boost beauty from within. Product components such as collagen, peptides, proteins, vitamins, carotenes, minerals, and omega-3 fatty acid are witnessing huge market demand. In particular, plant extract based ingredients are highly being preferred worldwide.

The nutricosmetics are the emerging rapidly in the global beauty industry due to their ease of use and adoption coupled with benefits of being healthy, effective and product innovations. They are increasingly being used for Body Management, Skin Care, Hair Care, Nail care and others. Of these, Body care dominated the global markets with 47.9% market share during 2019.

Major Trends, Drivers and Challenges:
Increasing investments in product diversification - An increasing number of companies are focusing on clinically assessed active ingredients that quickly deliver visible results to consumers. Modern cosmetics and ingredients are being developed based on new technologies, and scientific knowledge. In addition to ingredients that act on hair, skin, and nails, ingredients that have more systemic effect resulting in improved health and fitness are being researched.

Natural and Organic Ingredients witnessing Demand Surge - Leading companies are emphasizing on using bio-based ingredients for nutricosmetics manufacturing. Rising concerns on health issues related to use of chemicals in topically applied cosmetics is driving demand for natural products.

Strong demand growth in Health and Wellness Food Market - The global health and wellness food markets is one of the most potential industries poised to register around 5.8% growth (CAGR) over the forecast period from an initial estimated market size of $1.1 billion in 2020.

Carotenoids are pigments in plants, algae, and photosynthetic bacteria. These are extensively used as colorants, food fortification as they strengthen the immune system, lower the risk of degenerative diseases, possess antioxidant properties and antiobesity hypolipidemic activities. Carotenoids account for more than 22% of the nutria cosmetic market in 2019.

Global Nutricosmetic Ingredients market, By Type
- Carotenoids
- Vitamins
- Collagen
- Omega 3
- Others

Global Nutricosmetic Ingredients market, By Product
- Supplements
- Functional Food &Beverages

Global Nutricosmetic Ingredients market, By Application
- Body Management
- Skin Care
- Hair Care
- Nail care and others

Global Nutricosmetic Ingredients market, By Geography
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Middle East and Africa (Saudi Arabia, South Africa, Rest of MEA)
South and Central America (Brazil, Argentina, Chile, Rest of SCA)
Report Scope-

The report- ‘2021 Nutricosmetic Ingredients Market - Size, Share, COVID Impact Analysis and Forecast to 2027’ presents growth projections in the Nutricosmetic Ingredients Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.

Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.

The Nutricosmetic Ingredients Market report computes the 2020 market value in revenue terms based on the average Nutricosmetic Ingredients prices and sales/revenue models of key companies operating in the Nutricosmetic Ingredients Industry. The study forecasts the market size to 2027 for different types of Nutricosmetic Ingredients and provides respective market share and growth rates.

The study discusses technological innovations and the potential shift in demand among various products in the Nutricosmetic Ingredients Market, over the forecast period. The leading five companies in the Nutricosmetic Ingredients Industry together with their products, key strategies, and comparisons are provided.

The Nutricosmetic Ingredients Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Nutricosmetic Ingredients Market value is also provided.

All recent developments in Nutricosmetic Ingredients Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.

• Base Year- 2020; Forecast period: 2021- 2027
• Publication frequency- Every six months
• Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size

Scope of the Report -
• Global Nutricosmetic Ingredients Industry size, 2020- 2027
• Market trends, drivers, restraints, and opportunities
• Porter’s Five forces analysis
• Types of Nutricosmetic Ingredients , 2020-2027
• Nutricosmetic Ingredients applications and end-user verticals market size, 2020- 2027
• Nutricosmetic Ingredients Market size across countries, 2020- 2027
• 5 leading companies in the industry- overview, key strategies, financials, and products
• Latest market news and developments

Additional support -
• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication extended
• 10% free customization to include any specific data/analysis to match with the requirement
• 3 months of analyst support