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According to MRFR analysis, the Global Nutricosmetics Market is expected to register a CAGR of 6.45% from 2023 to 2030 and hold a value of over USD 6.51 billion by 2030.
The Global Nutricosmetics Market refers to the worldwide industry involved in the production, marketing, and sale of nutricosmetics. Nutricosmetics are a category of cosmetic products that are ingested orally, typically in the form of dietary supplements or functional foods, with the aim of improving beauty, skin health, and overall well-being.
The market for nutricosmetics has been growing steadily in recent years due to increasing consumer awareness of the link between nutrition and skin health, as well as the growing demand for natural and sustainable beauty solutions.
The COVID-19 pandemic had significant impacts on the Global Nutricosmetics Market. The pandemic has heightened awareness of the importance of immune health and overall well-being. As a result, there has been a surge in demand for products that can support immune function and promote general wellness. Nutricosmetics that offer immune-boosting ingredients, such as vitamins, antioxidants, and botanical extracts, have witnessed increased interest from consumers.
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Key Players
Some of the key market players are:
Market Segmentation
The Global Nutricosmetics Market has been segmented into type and end use.
Based on the type, the market has been segmented into capsules, tablets & softgels, drinks, powders and gummies & candies.
Based on the end use, the market has been segmented into skincare, hair care and nail care.
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Regional Analysis
The largest region in the Global Nutricosmetics Market is North America. These regions have a strong presence of established beauty and wellness industries, as well as a high level of consumer awareness and demand for innovative beauty products.
In North America, the United States has been a major market for nutricosmetics. The country has a large population, high disposable incomes, and a strong focus on beauty and wellness. The market in the United States is driven by factors such as the increasing preference for natural and holistic beauty solutions, the influence of social media and celebrity endorsements, and a well-developed retail infrastructure.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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