Meticulous Research®, a prominent global market research firm, has released a report titled “Nutricosmetics Market Size, Share, Forecast, & Trends Analysis by Product Type (Skin, Hair, Nail Care), Form (Powder, Liquid, Tablets, Capsules, Gummies), Distribution Channel (Supermarkets, Hypermarkets, Pharmacies, Drug Stores) – Global Forecast to 2031.” The global nutricosmetics market is projected to reach $12.61 billion by 2031, growing at a CAGR of 7.2% from 2024 to 2031. This growth is driven by increasing awareness of nutritional deficiencies, a rising preference for natural health and beauty alternatives, an expanding cosmetics industry, and a growing geriatric population. However, challenges such as market saturation in nutraceuticals and cosmetics and stringent regulations may hinder progress. Stakeholders play a crucial role in addressing low consumer awareness regarding the benefits of nutricosmetics, and with the rising demand for innovative beverages and functional foods, industry players are focusing on educating consumers about these products. Additionally, the market is experiencing a significant trend toward heightened awareness of health and wellness, which is shaping market dynamics and influencing consumer preferences in the nutricosmetics sector.
