Nutricosmetic Market Report
Nutricosmetics market is sure set to drive the revenue generations with building benefits.
Nutricosmetics are active components which offer a therapeutic action commonly found in food or botanic products. Nutricosmetic products help to enhance ones natural beauty (skin, health, hair, nails, slimming effects). Nutricosmetics are available in several forms such as pills, creams and so on in the market. They are basically evolved from cosmeceutical and nutraceutical products. These products contain targeted antioxidants and have become a lifestyle in the latest days. The market is expected to grow tremendously in the forecast period 2015-2020.
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MARKET TRENDS AND MARKET GROWTH STATISTICS:
Market Driving Factors:
Nutricosmetics is attaining enormous growth owing to the growing demand of end-user applications such as health care and personal care. Growing overall population with the youth section being the largest contributors will continue to drive the total market.
The trend of these products offering lesser side effects with growing innovations and the improving quality parallelly is always driving the market sales.
Rising incomes and growing beauty consciousness is no more visible in youngsters and girls alone (though they still constitute the largest segment) but also to be seen increasing in adults and men too.
The prices of the products are decreasing in order to fulfill the growing demand rate and consumer satisfaction trends.
Outlook on Top Trends of the Global Market:
Among liquid/cream and pills segments, liquid or cream demand is noted to be higher than pills. This segment is expected to continue growing even in the future few years.
As compared to all products of nutricosmetics, the skin pampering products is accounted to be the widest application. Hair care follows the list. Health, nails, slimming etc are further the next.
Regionally, APAC is seen to be the top leading geographical zone globally with the USA showing the most positive signs in drawing sales to the overall market. Europe is noted to be good enough after APAC. ROW has immense potential, confirms market research owing to the lack of awareness in these regions. With building on brand and benefits of the nutricosmetics market, it is sure set to drive the revenue generations.
Currently, the natural products of the market are extremely expensive which makes it a little lesser adopted than the rest of the products. But market analysts predict the segment to grow during the forecast period 2015-2020 at high CAGR rates despite the high costs owing to the increasing self and society awareness of beauty and personal care.
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REPORT SCOPE: Market Segmentation:
The Nutricosmetics Market is segmented into broad 4 types after analyzing the global market on basis of certain deciding factors mentioned further below. These classifications have in depth divisions. All the segmentations are studied and mentioned in detail in this latest market report.
By Components: Polyunsaturated Fatty Acids, Probiotics, Vitamins, Soy Proteins, Minerals and Others.
1. By Form: Pills, Cream and Others.
2. By Application: Personal Care, Health Care and Others.
3. By Geography: North America, Europe, APAC and ROW.
Key Market Players:
More than 40 companies of the Nutricosmetics Market is studied in depth by experts of IndustryARC based on attributes like financials, business overview, product portfolio, business strategies and recent developments. Few of the top players among the complete list of this report, are mentioned below:
· Douglas Laboratories
· Evonik Industries
· Nutrilo GmbH
· BASF SE
· Lonza Group Limited
· Ashland Incorporation
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