[Latest] Global Beauty Supplement Market Size/Share Worth

Austin, TX, USA, April 01, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Beauty Supplement Market Size, Trends and Insights By Form (Tablets, Capsules, Powder, Oils, Others), By Application (Skin Care, Hair Care, Nail Care, Others), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online Stores, Medical Stores/Pharmacy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.

“According to the latest research study, the demand of global Beauty Supplement Market size & share was valued at approximately USD 2.5 Billion in 2023 and is expected to reach USD 2.9 Billion in 2024 and is expected to reach a value of around USD 8.2 Billion by 2033, at a compound annual growth rate (CAGR) of about 12.2% during the forecast period 2024 to 2033.”

Click Here to Access a Free Sample Report of the Global Beauty Supplement Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=43068

Beauty Supplement Market: Growth Factors and Dynamics

Rising Beauty Consciousness: A discernible surge in beauty consciousness among consumers drives the demand for beauty supplements. With a heightened focus on appearance and a desire for holistic self-care, individuals increasingly turn to beauty supplements as integral components of their daily routines. This growing awareness of the impact of nutrition on skin, hair, and overall aesthetics propels the market’s expansion.

Influence of social media: The pervasive influence of social media platforms significantly shapes beauty standards and consumer perceptions. Beauty influencers, endorsements, and product reviews on platforms like Instagram and YouTube create trends and fuel consumer preferences. The power of visual storytelling on these platforms amplifies the reach and impact of beauty supplement marketing, fostering a dynamic and trend-driven market landscape.

Evolving Lifestyle Choices: Transformations in lifestyle choices, characterized by stress, exposure to environmental pollutants, and imbalanced nutrition, prompt consumers to seek supplementary solutions. Beauty supplements address concerns related to modern lifestyles, offering solutions for skin care, hair health, and overall well-being. The recognition of these supplements as proactive measures against lifestyle-induced issues contributes to sustained market growth.

Technological Advancements in Formulations: Continuous advancements in research and development lead to innovative formulations in beauty supplements. Incorporating cutting-edge technologies, such as improved bioavailability and targeted delivery systems, these formulations enhance the efficacy of the supplements. Scientifically backed ingredients, coupled with technological innovations, instill confidence in consumers and drive the market forward by meeting their evolving expectations.

Health and Wellness Trend: The broader trend towards health and wellness permeates the beauty supplement market. Consumers increasingly view beauty as an integral aspect of overall well-being. Beauty supplements that not only address aesthetic concerns but also offer health benefits gain popularity. This intersection of beauty and wellness aligns with changing consumer attitudes towards self-care, contributing to the sustained growth and diversification of the market.

Accessible Distribution Channels: Beauty supplements enjoy wide accessibility through diverse distribution channels. From the convenience of online retail platforms to the familiarity of local pharmacies and specialty stores, consumers have ample options for purchase. This accessibility fosters exploration and experimentation, allowing consumers to easily discover and incorporate beauty supplements into their routines, thereby contributing to the overall dynamism and expansion of the market.

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Beauty Supplement Market: Partnership and Acquisitions

In 2022, the Vitamin Shoppe and WW (formerly Weight Watchers) join forces in a strategic partnership to promote healthy living. This collaboration introduces comprehensive solutions to encourage positive habits, addressing the prevalent need for support as 63% of Americans express the desire for assistance in achieving their health and wellness goals.

In 2021, A prominent player in vitamins and supplements, The Nature’s Bounty Co. introduced “Pure Beauty,” a new line of beauty supplements featuring collagen, biotin, and hyaluronic acid. This strategic product launch diversifies its portfolio, addressing consumer demands for holistic beauty and wellness solutions.

Report Scope

Feature of the Report	Details
Market Size in 2024	USD 2.9 Billion
Projected Market Size in 2033	USD 8.2 Billion
Market Size in 2023	USD 2.5 Billion
CAGR Growth Rate	12.2% CAGR
Base Year	2023
Forecast Period	2024-2033
Key Segment	By Form, Application, Distribution Channel and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Beauty Supplement report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Beauty Supplement report has been modified to include the COVID-19 impact study prior to delivery.)

Request a Customized Copy of the Beauty Supplement Market Report @ https://www.custommarketinsights.com/report/beauty-supplement-market/

Beauty Supplement Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Beauty Supplement Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

Supply Chain Disruptions: The beauty supplement market experienced disruptions in the supply chain during the COVID-19 pandemic. Issues such as manufacturing delays, transportation constraints, and raw material shortages impacted the availability of products, leading to challenges in meeting consumer demand.

Consumer Spending Shifts: Economic uncertainties during the pandemic led to shifts in consumer spending priorities. Beauty supplements, considered non-essential by some consumers facing financial constraints, witnessed a temporary decline in demand as individuals focused on essential needs.

E-commerce Resilience: Beauty supplement brands emphasized and strengthened their online presence, leveraging e-commerce platforms. The shift towards online shopping during lockdowns and social distancing measures allowed companies to maintain sales and reach consumers directly, facilitating a quicker recovery.

Focus on Immunity and Wellness: Adapting to changing consumer priorities, beauty supplement manufacturers highlighted products that align with wellness trends. Formulations emphasizing immune-boosting ingredients and overall health benefits gained prominence, addressing the heightened focus on well-being during the pandemic.

Digital Marketing and Influencer Collaboration: Companies intensified digital marketing efforts and collaborated with influencers to maintain consumer engagement. Virtual promotions, social media campaigns, and partnerships with influencers allowed beauty supplement brands to stay connected with their audience and create awareness even during lockdowns.

Introduction of Value-added Products: To reignite interest and stimulate sales, beauty supplement companies introduced value-added products. This included innovative formulations, eco-friendly packaging, and bundling options, providing consumers with additional incentives and attracting attention in a competitive market.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Beauty Supplement Market, with some challenges and opportunities arising from the pandemic.

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Key questions answered in this report:

What is the size of the Beauty Supplement market and what is its expected growth rate?
What are the primary driving factors that push the Beauty Supplement market forward?
What are the Beauty Supplement Industry's top companies?
What are the different categories that the Beauty Supplement Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Beauty Supplement market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2023−2032
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Beauty Supplement Market – Regional Analysis

The Beauty Supplement Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America: There’s a growing trend towards personalized beauty supplement formulations in North America. Consumers seek customized products tailored to their unique needs, driven by an emphasis on individualized health and wellness solutions.

Europe: There’s a strong preference for natural and organic beauty supplements in Europe. Consumers prioritize products with clean labels and sustainable sourcing, reflecting a commitment to environmental consciousness and holistic well-being.

Asia-Pacific: Collagen-based beauty supplements dominate the Asia-Pacific region. With a focus on skincare and anti-aging benefits, consumers in this region value collagen-rich formulations, reflecting cultural beauty ideals and a desire for youthful and radiant skin.

LAMEA (Latin America, Middle East, and Africa): In LAMEA, there’s a resurgence of interest in traditional herbal remedies and botanical extracts for beauty supplementation. Consumers embrace culturally significant ingredients like argan oil and aloe vera, seeking natural alternatives rooted in traditional wellness practices.

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Browse the full “Beauty Supplement Market Size, Trends and Insights By Form (Tablets, Capsules, Powder, Oils, Others), By Application (Skin Care, Hair Care, Nail Care, Others), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online Stores, Medical Stores/Pharmacy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/beauty-supplement-market/

List of the prominent players in the Beauty Supplement Market:

Amway Corporation
The Boots Company PLC
Herbalife Nutrition Ltd.
Nu Skin Enterprises Inc.
Perrigo Company plc
HUM Nutrition Inc.
Murad LLC (A Unilever Company)
GNC Holdings Inc.
Swisse Wellness Pty Ltd.
Nature’s Bounty Co.
Reserveage Nutrition
NOW Foods
Vital Proteins
Lumity Life Limited
NeoCell Corporation
Others

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The Beauty Supplement Market is segmented as follows:

By Form

Tablets
Capsules
Powder
Oils
Others

By Application

Skin Care
Hair Care
Nail Care
Others

By Distribution Channel

Hypermarkets/Supermarkets
Specialty Stores
Online Stores
Medical Stores/Pharmacy
Others

Click Here to Get a Free Sample Report of the Global Beauty Supplement Market @ https://www.custommarketinsights.com/report/beauty-supplement-market/

Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Beauty Supplement Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Beauty Supplement Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Beauty Supplement Market? What Was the Capacity, Production Value, Cost and PROFIT of the Beauty Supplement Market?
What Is the Current Market Status of the Beauty Supplement Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Beauty Supplement Market by Considering Applications and Types?
What Are Projections of the Global Beauty Supplement Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Beauty Supplement Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Beauty Supplement Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Beauty Supplement Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Beauty Supplement Industry?

Click Here to Access a Free Sample Report of the Global Beauty Supplement Market @ https://www.custommarketinsights.com/report/beauty-supplement-market/

Reasons to Purchase Beauty Supplement Market Report

Beauty Supplement Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Beauty Supplement Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Beauty Supplement Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Beauty Supplement Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Beauty Supplement market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Beauty Supplement Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/beauty-supplement-market/

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Beauty Supplement market analysis.

The competitive environment of current and potential participants in the Beauty Supplement market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Beauty Supplement market should find this report useful. The research will be useful to all market participants in the Beauty Supplement industry.
Managers in the Beauty Supplement sector are interested in publishing up-to-date and projected data about the worldwide Beauty Supplement market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Beauty Supplement products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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