#NutricosmeticsMarket

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Increasing Aesthetic Appeal and Increasing Expenditure on Personal Care Products to Augment Growth of Nutricosmetics Market

Nutricosmetics refers to nutritional supplements that are used to enhance aesthetic appeal. Skin care usually includes the application of creams, lotions and other skin products. Nutricosmetics can be used to make skin look younger and healthier. The ingredients used to make these products usually include vitamins, antioxidants, and other nutrients that the skin needs to function properly. There are other forms that can be used in making the skin look younger.

Increasing aesthetic appeal is expected to propel growth of the nutricosmetics market. For instance, according to a 2018 survey by GlobalData, around three quarters of South Korean men undertake a beauty or grooming treatment at least once a week. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.      

Increasing expenditure on personal care products is expected to offer lucrative growth opportunities for players in the nutricosmetics market. For instance, according to the U.S.

Read more @ https://coherentmarketinsights-blog.blogspot.com/2021/03/increasing-aesthetic-appeal-and.html

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The Global  Nutricosmetics Market  is projected to grow with a significant growth rate of  5.33% from 2019 to 2024  and reach a market value of  USD 6.17 billion  by the end of 2024. Nutricosmetics can be defined as a blend of nutrition and cosmetics that intends to improve the standard of the skin and rejuvenate it

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Nutricosmetics are oral based nutritional supplements for beauty and skin health. Nutricosmetics market is primarily driven by the expansion and consumer awareness in personal grooming coupled with busy lifestyle of the growing urban population.

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ANTICIPATED SURGE: NUTRICOSMETICS MARKET SET TO HIT $12.20 BILL

Meticulous Research®—a leading global market research company, published a research report titled, ‘Nutricosmetics Market by Product Type (Skin Care, Hair Care, Nail Care), Form (Powder, Liquid, Tablets, Capsules & Softgels, Gummies), Distribution Channel (Supermarkets & Hypermarkets, Pharmacies & Drug Stores, Specialty Stores, E-commerce) - Global Forecast to 2030.’

The latest report from Meticulous Research® forecasts that the nutricosmetics market will achieve a 7.9% CAGR from 2023 to 2030, reaching $12.20 billion by 2030. This growth is attributed to increasing awareness of nutritional deficiencies, consumer preference for natural health and beauty products, changing lifestyles, and a growing elderly population. Additionally, the shift towards preventive health management practices and innovations in product development present significant growth opportunities for nutricosmetics manufacturers. However, challenges such as low consumer awareness of nutricosmetics benefits and stringent regulations restrain market growth.

Key Players:

Major players in the nutricosmetics market include Amway Corporation, Shiseido Company Limited, 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.

Market Segmentation:

The nutricosmetics market is segmented by product type, form, distribution channel, and geography, with the report evaluating industry competitors and analyzing the market at regional and country levels.

Geographic Analysis:

In 2023, Asia-Pacific is anticipated to dominate the nutricosmetics market, driven by increased medication penetration, high consumption of dietary supplements, and awareness of nutricosmetics in countries like Japan and China. However, North America is forecasted to register the highest CAGR during the forecast period due to factors such as increasing research and development, rising incidences of skin diseases, and growing healthcare expenditure.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5716

Key Questions Addressed:

The report covers high-growth segments, historical market data, forecasts for 2023-2030, major drivers, challenges, opportunities, competitive landscape, recent developments, growth strategies, geographic trends, high-growth countries, and emerging local players in the global nutricosmetics market.

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

[mypurplenutcollectionuniverse]

The Global Nutricosmetics Market is projected to grow with a significant growth rate of 5.33% from 2019 to 2024 and reach a market value of USD 6.17 billion by the end of 2024. Nutricosmetics can be defined as a blend of nutrition and cosmetics that intends to improve the standard of the skin and rejuvenate it. These products can significantly impact the standard of hair, skin, and nails.

[mypurplenutcollectionuniverse]

The Global Nutricosmetics Market is projected to grow with a significant growth rate of 5.33% from 2019 to 2024 and reach a market value of USD 6.17 billion by the end of 2024. Nutricosmetics can be defined as a blend of nutrition and cosmetics that intends to improve the standard of the skin and rejuvenate it. These products can significantly impact the standard of hair, skin, and nails. The intake of these nutricosmetics demands better maintaining of diet charts as well. Most of the dermatologists feel that a holistic change can impact the market the most