Beauty Supplements Market is valued at USD 3.36 Billion in 2022 and is expected to reach USD 4.6 Billion by 2028 with a CAGR of 5.60% over the forecast period.
The Detailed Market intelligence report on the Beauty Supplements Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Beauty Supplements Market place for the forecast 2022– 2029.
The rise in concerns that people have over appearance and looks as well as the growth in the spending power has increased the growth in the global beauty supplements market all over the world.
The supplements are products which have been used for enhancing, improving and offering support to any of the deficiency in the body. These have been offered usually to the consumers in a lot of different forms like soft gels, pills, powdered forms and liquids. The beauty supplements are the combination of vitamins, minerals and other ingredients related to nutrition along with some more bioactive ingredients that help in the enhancement of a person’s appearance and outlook.
The supplements are classified further on the basis of namely, type, natural and herbal segments. They can be segmented further as the dietary supplements, beauty supplements, vitamin supplements, health supplements and the energy supplements in addition to the memory supplements, probiotic supplements, weight gaining supplements and the high supplements among others. In terms of application, the global beauty supplements market has been segmented in the form of the supplements for teeth, hair, skin, nails as well as others. In addition, the segmentation is done on the basis of outlets like online, retailing, pharmacies, supermarkets as well as others. The market of pharmacies has been expected to contribute the highest when it comes to the revenue. Additionally, the outlet segment has been adding to the revenue as well and so has the segment of supermarket
A few of the key players dominating this market are the global markets of Beauty supplements market,
The popularity of the beauty supplements in males and females has impacted the beauty supplements all over the world in a positive manner. The people who are conscious about their physical appearance propel this market in a major way. The global beauty supplements market has been growing by a good margin in the years to come.
The change in the lifestyles and the rise in the awareness in the consumers has been leading to the growth of the sales and use of supplements in the consumers. The supplements of skin care have been accounting for the largest share in the market of the beauty supplements market. A larger consumer base is now committing to their beauty and appearance and this has filled the market with many opportunities. The global beauty supplements market has gained a lot of awareness particularly in Europe and United States as they are preferring the organic and natural product over the artificial ones. Another driving force has been the influence of magazines, newspapers and other advertisement for bolstering the demand for the global beauty supplements market.
Europe has been expected to see the biggest amount of market share and has also been expected to see a dominance in the market of beauty supplements market in the world in the foreseeable future. The beauty supplements market in the world has been concentrated in the regions of Western Europe and has been expected for influencing due to the rise in concerns of people in the external outlook in the appearance in addition with the possession of disposable income by these consumers. Further, with the influence of peer group, family, neighbors, magazines and endorsements by celebrities and the rise of the disposable income. The market of Asia Pacific and North America in this future. In the region of Asia Pacific, Japan has been anticipated to be a major contributor when it comes to revenue.
Report Analysis | Details |
---|---|
Historical data | 2016 - 2021 |
Forecast Period | 2022 - 2029 |
Market Size in 2022: | USD 3.36 Billion |
Base year considered | 2021 |
Forecast Period CAGR %: | 5.60% |
Market Size Expected in 2028: | USD 4.6 Billion |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Key Players/Companies | Amway, Asahi Group Holdings, Bayer AG, Blackmores, Boots Company, FANCL Corp., Garden of Life (Nestle), GNC Holdings, Inc., Grape King Bio Ltd., HUM nutrition, Itabiotics Ltd., Meiji Holdings Co., Murad UK Ltd, Nature’s Bounty Co., Neocell Corporation, Nu Skin Enterprise, Inc., Pfizer, Inc., Reserveage Nutrition, Swisse Wellness Pty. Ltd, The Himalaya Drug Company and others. |
Segments Covered | By Supplements, By Form, By Category, By Application, By Consumer Group, By Distribution Channel |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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