The
nutricosmetics market and it is poised to
grow by USD 1.51 billion during 2020-2024, progressing at a CAGR of over 5%
during the forecast period. The report offers an up-to-date analysis regarding
the current market scenario, latest trends and drivers, and the overall market
environment.
Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Request for
Technavio's latest reports on directly and indirectly impacted markets. Market
estimates include pre- and post-COVID-19 impact on the Nutricosmetics
Market. Download free sample report
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. BORBA LLC, FunctionalabGroup, Herbalife
Nutrition Ltd., Nestlé SA, New Avon Co., Pfizer Inc., Pola Orbis Holdings Inc.,
Unilever Group, Versailles BV, and Vitabiotics Ltd. are some of the major
market participants. The rise in aging population will offer immense growth
opportunities. To make the most of the opportunities, market vendors should
focus more on the growth prospects in the fast-growing segments, while maintaining
their positions in the slow-growing segments.
The rise in aging population has been instrumental in driving the growth
of the market.
Nutricosmetics Market 2020-2024: Segmentation
Nutricosmetics Market is segmented as below:
- Product
- Dietary Supplements
- Food And Beverages
- Distribution Channel
- Offline
- Online
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
Nutricosmetics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. Our nutricosmetics market report
covers the following areas:
- Nutricosmetics Market Size
- Nutricosmetics Market Trends
- Nutricosmetics Market
Analysis
This study identifies growing consumer demand for beauty from within
products as one of the prime reasons driving the nutricosmetics market growth
during the next few years.
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