Supplements are usually taken in the form of pills, capsules, powder, and liquid or in soft gel form. Beauty supplements are utilized to enhance and support any kind of insufficiency in human body. Generally, beauty supplements are combination of minerals, vitamins, nutrition, protein and other bioactive ingredients, which help in improving the external appearances of human body.
The global beauty supplements market accounted for US$ 4,860.42 million in 2021 and is expected to reach US$ 10,999.96 million by 2030, expanding at a CAGR of 4.5% from 2022 to 2030.
Asia Pacific expected to register the highest growth rate when compared to other regions because of the presence of developing countries such as China & India. Japan expected to be the most prominent contributor in terms of revenue followed by China and India with market a collective market share of 36% in 2020 in Asia Pacific region.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
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The global beauty supplements market accounted for US$ 4,860.42 million in 2021 and is expected to reach US$ 10,999.96 million by 2030, expanding at a CAGR of 4.5% from 2022 to 2030.
Growing awareness about health benefits associated with beauty supplements is likely to propel the market in upcoming years
The global beauty supplements market is segmented based on applications into skin care, hair care, nail care, dental care and others (overall health supplements). Changing lifestyle, increasing consumer incomes leading to growth in consumption of supplements and other related factors are boosting worldwide sales of supplements. Among the aforementioned segments, skin care supplements is anticipated to dominate the market in terms of revenue; in 2020, skin care segment accounted for the largest share over 30% of the total beauty supplements market by value. Hair care and nail care segment are anticipated to record robust growth during the forecast period. Increasing usage coupled with high emphasis on hair wellbeing and hair health among women population attributed to growth of the hair care segment.Increasing penetration of ecommerce in developed as well as developing countries is driving the demand of beauty supplements via online sales channel
Among the considered segments, pharmacy stores expected to dominate the market in terms of revenue contribution, followed by beauty outlets and supermarkets/hypermarkets. In addition, pharmacy stores segment expected to record significant CAGR during the forecast period. Online store segment anticipated to record the highest CAGR during the forecast period. This attributed to increasing consumer inclination for ease of use and manufacturers’ focus on online retailing intended to offer product variety along with benefits of in-store shopping to consumers.Europe dominated the global beauty supplements market and expected to maintain its pole position in upcoming years
In base year 2020, Europe was observed as the largest market for beauty supplements. In 2020, the total market for Europe was more than 30% and expected to maintain its dominance in forecast period from 2022 to 2030. Western European countries are major contributor to global beauty supplements market and expected to stimulus the market owing to rising apprehensions of people towards their appearance and external outlook along with higher disposable income possessed by the consumers.Asia Pacific expected to register the highest growth rate when compared to other regions because of the presence of developing countries such as China & India. Japan expected to be the most prominent contributor in terms of revenue followed by China and India with market a collective market share of 36% in 2020 in Asia Pacific region.
Leading brands are aggressively investing in research & development
The beauty supplements market is highly fragmented owing to the presence of various large and small companies. Small companies provide handful of products; on the other hand, major players undertake extensive R&D programs to standardize their products. In this market, vendors compete in terms of product differentiation, price, promotion and distribution. The competition in the market projected to intensify with an increase in consumer awareness and product innovations among others. Leading manufacturers are continuously investing in research & development in order to develop new and innovative products. Amway, BeautyScoop, HUM Nutrition, Inc., IMEDEEN (Pfizer, Inc.), Lifes2good, Inc., Meiji Holdings Co., Ltd., Murad UK Ltd., NeoCell Corporation, Reserveage Nutrition, LLC., Vemedia and Vitabiotics Ltd. are few key manufacturers in the global beauty supplements market.Historical & Forecast Period
This report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Beauty Supplements market are as follows:- Research and development budgets of manufacturers and government spending.
- Revenues of key companies in the market segment.
- Number of end users and consumption volume, price and value.
- Geographical revenues generated by countries considered in the report.
- Micro and macro environment factors that are currently influencing the Beauty Supplements market and their expected impact during the forecast period.
- The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
- Anti-aging and Anti-Wrinkles Supplements
- Skin Whitening, Fairness and Glow Supplements
- Other Skin Care Supplements
- Hair Care Supplements
- Nail Care Supplements
- Teeth Care Supplements
- Other Supplements
Distribution Channel
- Supermarkets/Hypermarkets
- Departmental Store
- Beauty Outlets
- Pharmacy Store
- Online Store
- Others (health and personal care stores, etc.)
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Beauty Supplements market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Beauty Supplements market?
- Which is the largest regional market for Beauty Supplements market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Beauty Supplements market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Beauty Supplements market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Beauty Supplements Market
2.2. Global Beauty Supplements Market, by Product, 2021 (US$ Million)
2.3. Global Beauty Supplements Market, by Distribution Channel, 2021 (US$ Million)
2.4. Global Beauty Supplements Market, by Geography, 2021 (US$ Million)
2.5. Impact of COVID-19
2.6. Attractive Investment Proposition by Geography, 2021
2.7. Competitive Analysis
2.7.1. Market Positioning of Key Beauty Supplements Market Vendors
2.7.2. Strategies Adopted by Beauty Supplements Market Vendors
2.7.3. Key Industry Strategies
3. Beauty Supplements Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Beauty Supplements Market Value, 2020-2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Beauty Supplements Market: by Product, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Anti-aging and Anti-Wrinkles Supplements
4.3.2. Skin Whitening, Fairness and Glow Supplements
4.3.3. Other Skin Care Supplements
4.3.4. Hair Care Supplements
4.3.5. Nail Care Supplements
4.3.6. Teeth Care Supplements
4.3.7. Other Supplements
5. Beauty Supplements Market: by Distribution Channel, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Supermarkets/Hypermarkets
5.3.2. Departmental Store
5.3.3. Beauty Outlets
5.3.4. Pharmacy Store
5.3.5. Online Store
5.3.6. Others (health and personal care stores, etc.)
6. North America Beauty Supplements Market, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Beauty Supplements Market: by Product, 2020-2030, USD (Million)
6.3. Beauty Supplements Market: by Distribution Channel, 2020-2030, USD (Million)
6.4. Beauty Supplements Market: by Region, 2020-2030, USD (Million)
6.4.1. North America
6.4.1.1. U.S.
6.4.1.2. Canada
6.4.1.3. Rest of North America
7. UK and European Union Beauty Supplements Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Beauty Supplements Market: by Product, 2020-2030, USD (Million)
7.3. Beauty Supplements Market: by Distribution Channel, 2020-2030, USD (Million)
7.4. Beauty Supplements Market: by Region, 2020-2030, USD (Million)
7.4.1. UK and European Union
7.4.1.1. UK
7.4.1.2. Germany
7.4.1.3. Spain
7.4.1.4. Italy
7.4.1.5. France
7.4.1.6. Rest of Europe
8. Asia Pacific Beauty Supplements Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Beauty Supplements Market: by Product, 2020-2030, USD (Million)
8.3. Beauty Supplements Market: by Distribution Channel, 2020-2030, USD (Million)
8.4. Beauty Supplements Market: by Region, 2020-2030, USD (Million)
8.4.1. Asia Pacific
8.4.1.1. China
8.4.1.2. Japan
8.4.1.3. India
8.4.1.4. Australia
8.4.1.5. South Korea
8.4.1.6. Rest of Asia Pacific
9. Latin America Beauty Supplements Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Beauty Supplements Market: by Product, 2020-2030, USD (Million)
9.3. Beauty Supplements Market: by Distribution Channel, 2020-2030, USD (Million)
9.4. Beauty Supplements Market: by Region, 2020-2030, USD (Million)
9.4.1. Latin America
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
10. Middle East and Africa Beauty Supplements Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Beauty Supplements Market: by Product, 2020-2030, USD (Million)
10.3. Beauty Supplements Market: by Distribution Channel, 2020-2030, USD (Million)
10.4. Beauty Supplements Market: by Region, 2020-2030, USD (Million)
10.4.1. Middle East and Africa
10.4.1.1. GCC
10.4.1.2. Africa
10.4.1.3. Rest of Middle East and Africa
11. Company Profiles
11.1. Amway
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Portfolio
11.1.4. Strategic Initiatives
11.2. BeautyScoop
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Portfolio
11.2.4. Strategic Initiatives
11.3. HUM Nutrition Inc.
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Portfolio
11.3.4. Strategic Initiatives
11.4. IMEDEEN (Pfizer Inc.)
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Portfolio
11.4.4. Strategic Initiatives
11.5. Lifes2good Inc.
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Portfolio
11.5.4. Strategic Initiatives
11.6. Meiji Holdings Co., Ltd.
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Portfolio
11.6.4. Strategic Initiatives
11.7. Murad UK Ltd.
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Portfolio
11.7.4. Strategic Initiatives
11.8. NeoCell Corporation
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Portfolio
11.8.4. Strategic Initiatives
11.9. Reserveage Nutrition, LLC
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Portfolio
11.9.4. Strategic Initiatives
11.10. Vemedia
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Portfolio
11.10.4. Strategic Initiatives
11.11. Vitabiotics Ltd.
11.11.1. Company Overview
11.11.2. Financial Performance
11.11.3. Product Portfolio
11.11.4. Strategic InitiativesList of Figures
Figure 1. Global Beauty Supplements Market: Market Coverage
Figure 2. Research Methodology and Data Sources
Figure 3. Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4. Global Beauty Supplements Market: Quality Assurance
Figure 5. Global Beauty Supplements Market, By Product, 2021
Figure 6. Global Beauty Supplements Market, By Distribution Channel, 2021
Figure 7. Global Beauty Supplements Market, By Geography, 2021
Figure 8. Global Beauty Supplements Market, By Product, 2021 vs 2030, %
Figure 9. Global Beauty Supplements Market, By Distribution Channel, 2021 vs 2030, %
Figure 10. U.S. Beauty Supplements Market (US$ Million), 2020-2030
Figure 11. Canada Beauty Supplements Market (US$ Million), 2020-2030
Figure 12. Rest of North America Beauty Supplements Market (US$ Million), 2020-2030
Figure 13. UK Beauty Supplements Market (US$ Million), 2020-2030
Figure 14. Germany Beauty Supplements Market (US$ Million), 2020-2030
Figure 15. Spain Beauty Supplements Market (US$ Million), 2020-2030
Figure 16. Italy Beauty Supplements Market (US$ Million), 2020-2030
Figure 17. France Beauty Supplements Market (US$ Million), 2020-2030
Figure 18. Rest of Europe Beauty Supplements Market (US$ Million), 2020-2030
Figure 19. China Beauty Supplements Market (US$ Million), 2020-2030
Figure 20. Japan Beauty Supplements Market (US$ Million), 2020-2030
Figure 21. India Beauty Supplements Market (US$ Million), 2020-2030
Figure 22. Australia Beauty Supplements Market (US$ Million), 2020-2030
Figure 23. South Korea Beauty Supplements Market (US$ Million), 2020-2030
Figure 24. Rest of Asia Beauty Supplements Market (US$ Million), 2020-2030
Figure 25. Brazil Beauty Supplements Market (US$ Million), 2020-2030
Figure 26. Mexico Beauty Supplements Market (US$ Million), 2020-2030
Figure 27. Rest of Latin America Beauty Supplements Market (US$ Million), 2020-2030
Figure 28. GCC Beauty Supplements Market (US$ Million), 2020-2030
Figure 29. Africa Beauty Supplements Market (US$ Million), 2020-2030
Figure 30. Rest of Middle East and Africa Beauty Supplements Market (US$ Million), 2020-2030List of Tables
Table 1 Global Beauty Supplements Market by Product, 2020-2030, USD (Million)
Table 2 Global Beauty Supplements Market by Distribution Channel, 2020-2030, USD (Million)
Table 3 North America Beauty Supplements Market by Product, 2020-2030, USD (Million)
Table 4 North America Beauty Supplements Market by Distribution Channel, 2020-2030, USD (Million)
Table 5 UK and European Union Beauty Supplements Market by Product, 2020-2030, USD (Million)
Table 6 UK and European Union Beauty Supplements Market by Distribution Channel, 2020-2030, USD (Million)
Table 7 Asia Pacific Beauty Supplements Market by Product, 2020-2030, USD (Million)
Table 8 Asia Pacific Beauty Supplements Market by Distribution Channel, 2020-2030, USD (Million)
Table 9 Latin America Beauty Supplements Market by Product, 2020-2030, USD (Million)
Table 10 Latin America Beauty Supplements Market by Distribution Channel, 2020-2030, USD (Million)
Table 11 Middle East and Africa Beauty Supplements Market by Product, 2020-2030, USD (Million)
Table 12 Middle East and Africa Beauty Supplements Market by Distribution Channel, 2020-2030, USD (Million)
Companies Mentioned
- Amway
- BeautyScoop
- HUM Nutrition Inc.
- IMEDEEN (Pfizer Inc.)
- Lifes2good Inc.
- Meiji Holdings Co. Ltd.
- Murad UK Ltd.
- NeoCell Corporation
- Reserveage Nutrition LLC
- Vemedia
- Vitabiotics Ltd.
