According to Meticulous Research®, 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 consumer preference for natural health and beauty alternatives, a burgeoning cosmetics industry, and a rising geriatric population. However, market saturation with nutraceuticals and cosmetics, along with stringent regulations, may pose challenges to growth. Stakeholders play a crucial role in addressing low consumer awareness of nutricosmetics’ benefits, particularly as demand for innovative beverages and functional foods rises, prompting efforts to educate customers on their importance. Additionally, heightened awareness of health and wellness trends is reshaping market dynamics and influencing consumer preferences. The market is characterized by moderate competition, with key players including Amway Corporation, Shiseido Company, Koninklijke DSM N.V., Nestlé S.A., Suntory Beverage & Food Ltd., LycoRed Ltd., Lonza Group Ltd., BASF SE, Herbalife Nutrition Ltd., Beiersdorf AG, Otsuka Holdings Co. Ltd., and Sappe Public Company Limited. The global nutricosmetics market is segmented by product type (skincare, hair care, nail care, etc.), form (powders, liquids, tablets, gummies, etc.), distribution channels (supermarkets, pharmacies, e-commerce, etc.), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa), while also evaluating competitors and analyzing regional and country-level markets.
