Nutricosmetics Market Trends and Industry Segment Forecasts to 2020

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Date Submitted: 09/29/2014 04:27 AM

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Nutricosmetics are oral based health products representing combining targeted nutrition products with cosmetic applications that can have a preventive or treatment effect on the skin, hair or nails. These products have been evolved from nutraceuticals and cosmetic products and were first introduced by Ake Dahlgreen, a Swedish biochemist. Initially, thought of as a marketing ploy, the demand of these products increased steadily with a better understanding and positive clinical data, the market for nutricosmetics has surged in the past decade. The global market for nutricosmetics is expected to rise in the coming years as people are increasingly turning towards these products for their personal care problems. The topical cosmetic products have dominated the market for past several years but are facing fierce competition from recently launched products in nutricosmetics arena.

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The nutricosmetics products are available in different formulations such as tablets, capsules, pills, drinks and jellies. The nutricosmetics contain natural ingredients which makes them readily acceptable in the market as people believe that natural products superior than the synthetic or chemical based products. For instance, bioactive collagen peptides used in the products helps in regaining tonicity and firmness to the skin and are in more demand from nutricosmetics manufacturers due to its ‘natural origin’ tag. The main segments in market are primary endogenous antioxidants and secondary dietary antioxidant supplements. Certain factors impeding the growth of market are the high familiarity of topical formulations among people which may resist them to adopt nutricosmetics when effects have to be realized immediately. However, the combination of topical cosmetics and oral nutricosmetics as a part of a daily beauty regimen is gaining popularity these days thereby expanding the market for nutricosmetic...