Nutricosmetics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The nutricosmetics market is expected to register a CAGR of 8.05% during the forecast period.
Key HighlightsThe nutricosmetics market is fragmented and highly competitive, with the strong presence of regional and global players, where the demand is mostly driven by beauty enhancement and clean label claims. Consumer awareness about brand know-how is luring more start-ups into the market. Moreover, with the growing demand for nutricosmetics, key players like GlaxoSmithKline PLC, Herbalife Nutrition Limited, GNC Holdings Inc., Suntory Holdings Limited, and Amway Corporation are following various strategies like mergers and acquisitions and research and development (R&D) to cater to the growing demand in the market. Elective, Olverum, DL.MD, SHIFFA, SKIIN Company, Cashmere Skincare, Simone Thomas Wellness, Age Quencher, Moon Dust, and Kora Organics are some of the popular brands in the nutricosmetics space.
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