Nutricosmetics Market to Witness Astonishing Growth by 2031

The global nutricosmetics market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. Hair loss is becoming more common and the rise in prevalence of chronic diseases that are associated with hair loss are some of the major factors driving the demand for nutricosmetics. For instance, according to data provided by the International Society of Hair Restoration Surgery, nearly 40.0% of men encounter some degree of hair loss by 35 years of age, 65.0% at 60 years, 70.0% at 80 years, and 80.0% at the age of 85. Furthermore, according to the American Hair Loss Association, by the age of thirty-five, two-thirds of American men will experience some degree of appreciable hair loss, and by the age of fifty, approximately 85% of men have significantly thinning hair.

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in March 2021, Nexira launched a nutricosmetics line called NutriBeauty that features three products namely- Glow & Beauty for Skin, Youth & Prevention for Anti-aging, and Hair & Nails Care. Glow & Beauty includes Cactinea, a prickly pear ingredient, as well as nettle lead, Ascophyllum, Oli-Ola olive extract, and VinOseed grade seed extract, while Youth & Prevent includes Simag, natural marine magnesium, pomegranate extract, hibiscus extract, acerola extract, and VinOseed grape seed extract. Hair & Nails comprises Prothy, a hydrolyzed rice protein, and nettle leaf extract, which provide a rich sensory experience with a fruity flavor that may be used in drinks, vials, droppers, and gummies.

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Market Coverage

• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Type
• By End-Use

Regions Covered

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape- Herbalife Nutrition Ltd, GlaxoSmithKline PLC, GNC Holdings, Inc. Suntory Holdings Ltd, Amway Corp., and Others

Nutricosmetics Market Report by Segment

By Product Type

• Skin Care
• Hair Care
• Nail Care

By Form

• Tablets and Capsules
• Powder and Liquid
• Gummies and Soft Chews

By Distribution Channel

• Supermarkets
• Pharmacies
• Specialist Stores
• Online Retail

A full Report of Nutricosmetics Market is Available @ https://www.omrglobal.com/industry-reports/nutricosmetics-market

Nutricosmetics Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America 
• Middle East & Africa

Company Profiles 

• Amway Corporation
• Blackmores Limited
• Fit & Glow Healthcare Private Limited
• FORZA INDUSTRIES LTD
• Frutarom Industries Ltd
• Frutels LLC
• GlaxoSmithKline PLC
• GNC Holdings Inc.
• Grupo Cantabria Labs
• Herbalife Nutrition Ltd
• KORA ORGANICS
• Lonza Group Ltd. 
• NATROL, LLC
• Perricone MD
• Pfizer, Inc
• PurpleRock UTA Opco LLC
• Solgar Inc
• Suntory Holdings Limited
• Vitabiotics Ltd
• WR Group

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Article source: https://article-realm.com/article/Food-Beverage/59557-Nutricosmetics-Market-to-Witness-Astonishing-Growth-by-2031.html