Growth Opportunities in Nutricosmetics Ingredients, Global, 2024-2030

Evolving Consumer Awareness About Holistic Beauty is Driving Transformational Growth

Nutricosmetics are a category of products that combine nutrition and cosmetics and offer a holistic method to enhance health and aesthetics through a beauty-from-within approach. It includes supplements as well as functional food and beverages containing health ingredients.

Past skinification trends involved a shift of consumers’ focus from cosmetics to actual skin care through cosmeceutical products that topically addressed skin concerns, such as sensitive, dry, and oily skin; skin hydration; photoprotection; skin barrier protection; and scalp health, through the use of specialty active ingredients. The trend has now progressed toward the adoption of nutricosmetics that address skin, hair, and nail concerns from within, enhancing the beauty-from-within concept, and supporting overall wellness.

Skin, hair, and nail health are considered a component of overall health rather than simple aesthetic concerns. This has led to a strong demand for products that promote beauty from within. Nutricosmetics demand is most prominent among millennials, and consumers across a broad spectrum of ages are buying beauty products to combat signs of aging.

Asia-Pacific dominates the demand for nutricosmetics ingredients because of the established beauty and wellness industry in South Korea, Japan, and China. The region will show the fastest growth due to growing nutricosmetics demand in China, India, and other Southeast Asian countries. Growing innovations in North America and Europe, growing consumer awareness about the beauty-from-within concept, high consumer spending ability, and the presence of numerous finished product manufacturers contribute to the demand for nutricosmetics ingredients in these regions.