Market Size of Asia-Pacific Nutricosmetics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.24 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Nutricosmetics Market Analysis
Asia-Pacific nutricosmetics market is valued at USD XX million in the current year and is projected to grow at a CAGR of 9.24% over the next five years.
Increasing awareness on the links between food consumption and enhanced beauty in the region coupled with the consumer's concern toward various skin problems caused by nutrient and vitamin deficiencies like wrinkles, dark spots, aging, and hair loss among others has been increasing the demand for beauty food products, in turn, create demand for nutricosmetic products in the Asia-Pacific region. Similarly, consumer's are considering nutricosmetic products as a convenient way to promote healthy skin without the tedious nightly routine which is supporting the growth. Additionally, with the rise of holistic beauty and health, the nutricosmetics market is growing and becoming increasingly competitive. Due to increasing knowledge regarding the advantages of nutricosmetics for nails, hair, and skin, it is predicted that the market for nutricosmetics in the Asia-pacific region majorly in countries like China, Japan, and India would grow substantially.
Moreover, with the growing interest of people in natural, vegan, and organic products, nutricosmetics made of natural ingredients and sustainable are gaining more popularity in the region. A few trends like cruelty-free and environmentally friendly manufacturing are further driving the growth of such products in the region. With this growing demand for natural products, many new manufacturers are eager to offer such products to target the appropriate consumer base. For instance, in India, SkinLab offers a wide range of nutricosmetic supplements that it claims are vegan & cruelty free supplements. The terms natural, plant-derived, organic and non-GMO are becoming increasingly visible and more in demand when it comes to beauty supplements which is expected to generate more new opportunities and a consumer base for the players in the region.
Asia-Pacific Nutricosmetics Industry Segmentation
Nutricosmetics are dietary supplements backed by science that are taken orally to promote skin health and beauty. Asia-Pacific Nutricosmetics Market is segmented by product type, form, distribution channel, and geography. Based on product type, the market is segmented into skincare, hair care, and nail care. Based on the form, the market is segmented into tablets and capsules, powder and liquid, and gummies and soft chews. Based on distribution channels, the market is segmented into supermarkets/hypermarkets, drug stores/pharmacies, specialist stores, online retailers, and other distribution channels. The report offers an analysis of the major economies in the region including China, Japan, India, Australia, and the Rest of Asia Pacific. For each segment, market sizing and forecasts have been done based on values in USD million.
| Product Type | |
| Skin Care | |
| Hair Care | |
| Nail Care |
| Form | |
| Tablets and Capsules | |
| Powder and Liquid | |
| Gummies and Soft Chews |
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Drug Stores/Pharmacies | |
| Specalist Stores | |
| Online Retail Stores | |
| Other Distribution Channel |
| Geography | |
| China | |
| Japan | |
| India | |
| Australia | |
| Rest of Asia-Pacific |
Asia-Pacific Nutricosmetics Market Size Summary
The Asia-Pacific nutricosmetics market is experiencing significant growth, driven by increasing consumer awareness of the connection between nutrition and beauty. This trend is particularly evident in countries like China, Japan, and India, where consumers are seeking solutions for skin issues such as wrinkles, dark spots, and hair loss through beauty food products. The convenience of nutricosmetics, which offer a simpler alternative to traditional skincare routines, is also contributing to their popularity. The market is becoming more competitive as holistic beauty and health trends gain traction, with a growing emphasis on natural, vegan, and organic ingredients. This shift is encouraging new manufacturers to enter the market, offering products that align with consumer preferences for cruelty-free and environmentally friendly options.
The demand for nutricosmetics is further bolstered by factors such as urbanization, an increasing working population, and rising purchasing power in the region. These elements are driving the need for effective skincare solutions that fit into busy lifestyles. In Japan, the market is expanding rapidly, with consumers incorporating dietary supplements into their daily routines to support skin and hair health. Major companies are responding by launching new brands and products aimed at capturing a larger market share. The market is characterized by a fragmented and competitive landscape, with key players like Dabur India Ltd, Shiseido Cosmetics, and Amway Corporation employing strategies such as mergers, acquisitions, and research and development to meet the growing demand.
Asia-Pacific Nutricosmetics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Rising Demand For Skin Care Products
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1.1.2 Growing trend of preventive healthcare approach
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1.2 Market Restraints
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1.2.1 Increasing price of nutricosmetics
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Skin Care
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2.1.2 Hair Care
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2.1.3 Nail Care
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2.2 Form
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2.2.1 Tablets and Capsules
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2.2.2 Powder and Liquid
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2.2.3 Gummies and Soft Chews
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2.3 Distribution Channel
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2.3.1 Supermarkets/Hypermarkets
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2.3.2 Drug Stores/Pharmacies
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2.3.3 Specalist Stores
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2.3.4 Online Retail Stores
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2.3.5 Other Distribution Channel
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2.4 Geography
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2.4.1 China
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2.4.2 Japan
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2.4.3 India
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2.4.4 Australia
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2.4.5 Rest of Asia-Pacific
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Asia-Pacific Nutricosmetics Market Size FAQs
What is the current Asia-Pacific Nutricosmetics Market size?
The Asia-Pacific Nutricosmetics Market is projected to register a CAGR of 9.24% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Nutricosmetics Market?
Amway, Dabur India Ltd, Shiseido Cosmetics, FANCL International, Inc. and Jebsen Consumer Products Co.. Ltd. are the major companies operating in the Asia-Pacific Nutricosmetics Market.
