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Beauty supplements include capsules, gummies, and powder and are formulated with healthy ingredients that deliver the nutrition required for improved hair, skin, and nails. The supplements absorb into our bloodstreams and are transported via blood vessels to the deepest skin layer. One of the major reasons behind the popularity of these supplements is that they also act as dietary supplements that work to improve overall health and body functioning.
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Market Insights
The global Beauty Supplements Market is expected to grow at a CAGR of 12.4% between 2020 and 2030. Over the upcoming years, the beauty supplements market is anticipated to expand owing to rising concern for physical appearance among people, the growing popularity of beauty supplements, and raising awareness of the beauty and health advantages associated with beauty supplements. These benefits include improved skin tone and texture, reduced ageing signs, improved heart health, and many more.
Another factor driving the global Beauty Supplements Market is the ease of availability of beauty supplements worldwide through various sales channels. Customers can conveniently order these supplements online and deliver them to their doorsteps.
The Beauty Supplements Market can be divided into four primary regions: Asia Pacific, North America, Europe, and the remaining parts of the world. Europe is currently dominating the Beauty Supplements Market with the largest market share. This dominance is due to rising disposable income and concerns over physical beauty. Additionally, beauty supplements are increasingly being endorsed by celebrities, famous magazines, talk show hosts, peer groups, neighbours, and family members, which is also fuelling the demand for beauty supplements.
Beauty Supplements are also increasingly being demanded by the elderly population due to rising awareness and ease of consumption, which is another significant market driver. Furthermore, there has been a rise in research and development activities pertaining to healthy supplements, creating numerous growth opportunities in the Beauty Supplements Market. Rising nutritional deficiencies are also expected to propel market growth.
However, there are bound to be side effects of anything that isn’t natural, and the same is the case with beauty supplements. Rising awareness among customers regarding these side effects leads them to opt for herbal and organic alternatives, which hinders the growth of the Beauty Supplements Market.
Moreover, multiple skincare brands offer topical beauty creams and serums, which may lead people to shift to these options over oral supplements that enter the bloodstream. Some governments have also imposed stringent rules and regulations governing the sale of Beauty Supplements, another factor challenging the growth of the Beauty Supplements Market. The high fuel and raw materials costs may also hinder the market growth.
Key players
Key players operating in the Beauty Supplements Market include Asahi Group Holdings, Ltd., Pfizer Inc., Amway, Meiji Holdings Co., Murad Europe Ltd, HUM Nutrition Inc., Reserveage Nutrition, Vitabiotics Ltd., The Boots Company PLC, HUM Nutrition, Pfizer Inc., Meiji Holdings Co, and many others. These players continue to invest in research and development to improve their products by increasing their nutritional value while minimizing side effects.
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Beauty Supplements Market Report Coverage
| Report Attributes | Details |
| Market Size in 2018 | US$ ** BN |
| Market Size Projection in 2030 | US$ ** BN |
| CAGR (2020-2030) | 12.4% |
| Largest Market | North America |
| Report Segmentation | By Product, By Application, Age Group, By Consumer Group, By Sales Channel, By Region |
| Regional Analysis | North America (US, Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Europe (U.K, Germany, Italy, France, Spain, Russia and Rest of Europe), APAC (China, Japan, India, South Korea, Australia, ASEAN and Rest of Asia Pacific), ME (GCC Countries, Israel, and Rest of Middle East) & Africa (South Africa, North Africa and Central Africa) |
| Key Companies Covered | Asahi Group Holdings, Ltd., Pfizer Inc., Amway, Meiji Holdings Co., Murad Europe Ltd, HUM Nutrition Inc., Reserveage Nutrition, Vitabiotics Ltd., The Boots Company PLC, HUM Nutrition, Pfizer Inc., Meiji Holdings Co, and many others |
Global Beauty Supplements Market Segmentations
By Product
- Vitamins
- Mineral
- Enzymes
- Botanicals
- Proteins
- Omega-3
- Probiotics
- Others
By Application
- Beauty
- Women's Health
By Age Group
- Age 15 - 30
- Age 31 - 50
- Age 51 - 70
- Above 70 years
By Consumer Group
- Prenatal
- Postnatal
- PMS
- Perimenopause
- Postmenopause
- Others
By Sales Channel
- Online
- Direct Sales
- Pharmacies/Drug Stores
- Other offline channels
Key questions answered in this report
- COVID 19 impact analysis on global Beauty Supplements industry.
- What are the current market trends and dynamics in the Beauty Supplements market and valuable opportunities for emerging players?
- What is driving Beauty Supplements market?
- What are the key challenges to market growth?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which product type segment holds a larger market share and why?
- Are low and middle-income economies investing in the Beauty Supplements market?
- Key growth pockets on the basis of regions, types, applications, and end-users
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Unique data points of this report
- Statistics on Beauty Supplements and spending worldwide
- Recent trends across different regions in terms of adoption of Beauty Supplements across industries
- Notable developments going on in the industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2028 (forecast)
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Table of Content:
Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
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. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
Executive Summary
2.1. Market Snapshot: Global Beauty Supplements Market
Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Beauty Supplements Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Age Group
3.3.4. Consumer Group
3.3.5. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players
COVID 19 Impact Analysis
5.1. Global Beauty Supplements Market Pre Vs Post COVID 19, 2019 - 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
…………… Table of content continued
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