Beauty Supplements Market Synopsis:
Beauty Supplements Market Size Was Valued at USD 2.10 Billion in 2023, and is Projected to Reach USD 7.16 Billion by 2032, Growing at a CAGR of 14.6% From 2024-2032.
The Beauty Supplements Market refers to the segment of the world economy that encompasses companies involved in the production, distribution, and sale of beauty supplements which are the dietary supplements that help in the improvement of skin, hair, nails, and overall beauty. These are Vitamin-mineral supplements with complex special collagen and other bioactive compounds that are used to tackle different beauty issues where beauty mark issues are solved at the root cause.
The Beauty Supplements Market has been on the growth path mainly because of the change in industry trends specifically improved taking of supplements and personal care. There is awareness in the areas of the relation between what people take and the outward appearance and people are putting228 Sureman & Belk, 2005, p. 23. supplements in their lives to solve issues such as aging, baldness and boring skin. A shift of focus from hair treatment and improvement to foods and overall appearance has favored the application of such products where people want a general perception towards their appearance.
The market has also been assisted by social media and beauty influencers, who endorse the beauty supplements, particularly to young adults.The population also has comparatively more geriatrics who are in the lookout for products that can help them attempt to reverse the aging process. Thenon-surgical treatment options that are thought to be safer than the operations mostly entice customers of all classes because of the convenience and usability of the product. However, challenges such as high cost and people’s apprehension about the efficacy may hamper the growth in the developing countries which are very sensitive to cost and consciousness.
Beauty Supplements Market Trend Analysis:
Rising Popularity of Collagen-Based Supplements
- An initial signal about the Beauty Supplements Market is the global increasing trend for collagen beauty supplements. Collagen which is known for skin flexibility and moisturizing owns high popularity and many people are willing to try anti-aging products. Present in form of powders, capsules, tablets, and gummies, collagen supplements are one of the rage products in the current beauty market. Trends such as these are facilitated by clinical studies giving evidence of improved skin texture and reduced wrinkle. There are observable new product revolutionary techniques; brands come up with different flavors, therefore making sustainability customers’ applicable.
Expansion in Emerging Economies
- New economy is the biggest source of market growth for Beauty Supplements Market because of the grossing per capita income, the raised level of lifestyle, and enhanced aesthetic sense among consumers. Asia pacific markets, Latin America, Middle East have developed an interest in beauty supplements based on exposure to global trends and appeal from promotional crusade from social networks. The commodities from these markets are not only growing increasingly affordable through localized brands, extremely low cost that delivers manufactured goods at reasonable price attractive but also the increasing opportunities palpable to the premium global brands that masters these markets makes these more audible to manufacturers. By this they are in a position to leverage itself on the remaining unfulfilled need in localized marketing and other beauty concerns emanating from the high growth markets.
Beauty Supplements Market Segment Analysis:
Beauty Supplements Market is Segmented on the basis of form, Application, Distribution Channel, and Region.
By Form, the Tablet segment is expected to dominate the market during the forecast period
- Market Tablet Segment is naturally expected to be dominant in the Beauty Supplements Tablet Segment for the Market throughout the forecast year owing to consumer tendencies, longer shelf life and properly measured dosage. Essentially, consumers take Tablets than Liquid capsules because they are easy to carry and can be taken any time of the day. It also forms part of everyone’s budget when compared to other CBD products that are offered in liquids or gummy forms. Also, the main producers in this industry are making beauty tablets more attractive and dynamic by displaying sharp formulas on the product concerning many special functions among them skin moisturizing, aging signs, and hair regrowing among others. Since enteric coating and extended release among other technologies are the new trends in the production of tablets, this segment is also expected to grow steadily.
By Application, the Skin care segment expected to held the largest share
- The Skin Care Segment should take the biggest Market Share in the Beauty Supplements Market because acne, dry skin, skin discoloration, and premature aging are growing concerns now. Name them, the skin health beauty supplement is growing popular since consumers also value the supplement working silently inside their systems. Vitamin products, antioxidants, and collagen products with improved qualities are appreciated owing to their skin reconstruction, skin firming, and glowing skin benefits. It is further fueled by growing customers’ concerns on use of natural/organic substances in supplements which is thought to be safer for human consumption. It product could be demanded since the skin care supplement market targets all age people, the young who want to take supplements now that they know what benefit they stand to derive when they age, to the real aged ones who are already experiencing wrinkles.
Beauty Supplements Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Beauty Supplements Market over the forecast period due to increased population, increased per capita income, and increased concern towards beauty and skin treatment. This main market is expected to be led by the Asia Pacific region particularly China, Japan, south Korea, and India mainly because consumers have a high interest in beauty-enhancing products. H also it is obvious that the area has benefited greatly from having an e-business sector in order to be in a position to access beauty supplements from the global market hence satisfying the convenience factor of the consumers.
- Moreover, the Asia-Pacific is observing an increase in the awareness of health and wellness, and customers are consuming beauty products as needed supplements. Lilly has the most developed beauty industry especially in South Korea, the trends that it sets generally are quickly implementable in other markets. I also found that local producers are also using natural and herbal products to address the growing concern of consumers about upcoming clean beauty brands. More importantly, Asia-Pacific may further consolidate its stand on beauty supplement sales because of the flow-on effect of innovation and incremental middle-income earners across the region.
Active Key Players in the Beauty Supplements Market:
- Amway (USA)
- Bayer AG (Germany)
- Beiersdorf AG (Germany)
- Blackmores Limited (Australia)
- Church & Dwight Co., Inc. (USA)
- Clinique Laboratories (USA)
- GNC Holdings, Inc. (USA)
- Herbalife Nutrition Ltd. (USA)
- HUM Nutrition Inc. (USA)
- Imedeen (Denmark)
- Lifes2Good (Ireland)
- Murad, Inc. (USA)
- Nature’s Bounty Co. (USA)
- Nutrafol (USA)
- Vitabiotics Ltd. (UK)
- Other Active Players
|
Beauty Supplements Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.10 Billion |
|
Forecast Period 2024-32 CAGR: |
14.6 % |
Market Size in 2032: |
USD 7.16 Billion |
|
Segments Covered: |
By Form |
|
|
|
By Application |
|
||
|
By Distribution Channel |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Beauty Supplements Market by Form
4.1 Beauty Supplements Market Snapshot and Growth Engine
4.2 Beauty Supplements Market Overview
4.3 Tablets Capsules Powder Oils Others
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Tablets Capsules Powder Oils Others: Geographic Segmentation Analysis
Chapter 5: Beauty Supplements Market by Application
5.1 Beauty Supplements Market Snapshot and Growth Engine
5.2 Beauty Supplements Market Overview
5.3 Skin Care Hair Care Nail Care Others
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Skin Care Hair Care Nail Care Others: Geographic Segmentation Analysis
Chapter 6: Beauty Supplements Market by Distribution Channel
6.1 Beauty Supplements Market Snapshot and Growth Engine
6.2 Beauty Supplements Market Overview
6.3 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Beauty Supplements Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 AMWAY (USA)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 BAYER AG (GERMANY)
7.4 BEIERSDORF AG (GERMANY)
7.5 BLACKMORES LIMITED (AUSTRALIA)
7.6 CHURCH & DWIGHT CO. INC. (USA)
7.7 CLINIQUE LABORATORIES (USA)
7.8 GNC HOLDINGS INC. (USA)
7.9 HERBALIFE NUTRITION LTD. (USA)
7.10 HUM NUTRITION INC. (USA)
7.11 IMEDEEN (DENMARK)
7.12 LIFES2GOOD (IRELAND)
7.13 MURAD INC. (USA)
7.14 NATURE’S BOUNTY CO. (USA)
7.15 NUTRAFOL (USA)
7.16 VITABIOTICS LTD. (UK)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Beauty Supplements Market By Region
8.1 Overview
8.2. North America Beauty Supplements Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Form
8.2.4.1 Tablets Capsules Powder Oils Others
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Skin Care Hair Care Nail Care Others
8.2.6 Historic and Forecasted Market Size By Distribution Channel
8.2.6.1 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Beauty Supplements Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Form
8.3.4.1 Tablets Capsules Powder Oils Others
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Skin Care Hair Care Nail Care Others
8.3.6 Historic and Forecasted Market Size By Distribution Channel
8.3.6.1 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Beauty Supplements Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Form
8.4.4.1 Tablets Capsules Powder Oils Others
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Skin Care Hair Care Nail Care Others
8.4.6 Historic and Forecasted Market Size By Distribution Channel
8.4.6.1 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Beauty Supplements Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Form
8.5.4.1 Tablets Capsules Powder Oils Others
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Skin Care Hair Care Nail Care Others
8.5.6 Historic and Forecasted Market Size By Distribution Channel
8.5.6.1 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Beauty Supplements Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Form
8.6.4.1 Tablets Capsules Powder Oils Others
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Skin Care Hair Care Nail Care Others
8.6.6 Historic and Forecasted Market Size By Distribution Channel
8.6.6.1 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Beauty Supplements Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Form
8.7.4.1 Tablets Capsules Powder Oils Others
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Skin Care Hair Care Nail Care Others
8.7.6 Historic and Forecasted Market Size By Distribution Channel
8.7.6.1 Hypers/Supers Specialty Stores Online Stores Medical Stores/Pharmacy Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
|
Beauty Supplements Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.10 Billion |
|
Forecast Period 2024-32 CAGR: |
14.6 % |
Market Size in 2032: |
USD 7.16 Billion |
|
Segments Covered: |
By Form |
|
|
|
By Application |
|
||
|
By Distribution Channel |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
