DUBLIN, May 17, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Nutricosmetics Market - Analysis of Growth, Trends Progress and Challenges (2017 - 2022)" report to their offering.
Ingestible products that enhance beauty are gaining the attraction of aging population, and this market is expected to reach sales of USD 6 billion by 2022. New approaches for staying healthy and looking young are boosting the sales of nutricosmetics. In addition, the increasing aging population positively impacts the market growth.
The approach of beauty-from-within is an accelerating trend among the millennial generation, as it is a pack/box of beauty and health. The preference for ingestible products over external application products is having a highly positive impact on the nutricosmetics market. In addition, extensive marketing and promotional offers, are expected to further drive the market at a high growth rate.
The product development time frame can range from two to six years, as the development involves bioavailability, selection, and formulation of the ingredients into the product. Moreover, the failure of foods meant for beauty has discouraged manufacturers from entering into new product forms. These factors have restrained the market growth.
The market is segmented by the type of ingredient (carotenoids, vitamins, collagen peptides, CoQ10, green tea extracts, omega-3, phytonutrients, others), application (skin care, hair care, nail care) and region (North America, Europe, Asia-Pacific, South America, and RoW).
Skin care dominates the market, with a rise in the aging population. Vitamins, collagens, and enzymes are the primary ingredients used in skincare products. These products are used for the controlling signs of aging, skin brightening, sun protection, increasing skin firmness, and cellulite reduction.
Inhibition of collagen synthesis leads to skin aging and carotenoids help to overcome this condition by reducing the inhibition and blocking the UV-A and UV-B rays. Carotenoids are well known as coloring agents but they enhance the skin with their anti-ageing, skin lightening and sun care properties. Among the carotenoids, beta-carotene holds the major share, regarding value, followed by lutein, lycopene, and Astaxanthin.
Some of the key players are -
- Borba Inc.
- Shishiedo Co. Ltd.
- Inneov (L'Oreal and Nestle)
- BASF SE
- Unilever Group
- Lonza Group Ltd.
Key Topics Covered:
2. Research Approach & Methodology
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/mzlwr8/global
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-nutricosmetics-market---analysis-of-growth-trends-progress--challenges-2017-2022---expected-to-reach-sales-of-6-billion--research-and-markets-300459060.html
SOURCE Research and Markets