Europe Nutricosmetics Market Size (2024 - 2029)

The Europe nutricosmetics market is experiencing significant growth, driven by increasing consumer interest in products that enhance beauty through nutritional supplementation. This market expansion is fueled by a rising demand for natural, organic, and vegan ingredients, as consumers become more health-conscious and seek products that align with their values. The trend of "beauty from within" is gaining traction, particularly among aging populations in developed economies, as they look for solutions to improve skin, hair, and nail health. The market's growth is further supported by higher disposable incomes, allowing more consumers to invest in these innovative beauty-dietary supplements.

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Market Size of Europe Nutricosmetics Industry

snapshot
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.54 %
Market Concentration Low

Major Players

Europe Nutricosmetics Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Nutricosmetics Market Analysis

Europe's nutricosmetics market is expected to reach a CAGR of 8.54% over the next five years.

Nutricosmetic products are nutraceuticals that improve the condition of skin, hair, and nails by supplementing nutrients. They are products and ingredients developed around the correlation between good health and beauty. They are beauty-dietary supplements that help the skin to improve or heal with the oral intake of nutritional substances. These supplements offer a wide range of benefits for the skin, such as softening of wrinkles and lines, as well as improving elasticity and roughness. 'Beauty from within' is gaining acceptance among customers, particularly among aging populations in developed economies. The inclusion of active ingredients, such as collagen and omega-3 and -6 fatty acids, in nutricosmetics is likely to transform the beauty industry.

Consumers in the region are increasingly spending on various types of nutricosmetics products owing to the rise in concerns about the natural ingredients in beauty products. Increasing disposable income encourages people to buy nutricosmetic products, thus significantly boosting the market. For instance, according to the International Monetary Fund, the gross domestic product (GDP) per capita in France was USD 42,409 in 2022. Additionally, consumers are favoring products with natural, organic, plant-based, vegan, and non-GMO ingredients. Brands that prioritize clean label formulations and transparent ingredient sourcing are enticing a larger group of the health-conscious consumer base. The market players are aunching new vegan and natural-based nutricosmetics to cater to rising demand. For instance, in July 2023, Monteloeder, a Spanish-based health and wellness company, and a subsidiary of SuanNutraintroduced a vegan-friendly gummy format for its Eternalyoung anti-aging botanical blend.

Europe Nutricosmetics Industry Segmentation

Nutri cosmetics are products that combine aspects of nutrition and cosmetics. these products are designed to improve or enhance the appearance and health of skin, hair, and nails. The Europe Nutri cosmetics market is segmented by product type, form, distribution channel, and geography. The product type segment is sub-segmented into skin care, hair care, and nail care. Based on forms, the market is segmented into tablets and capsules, powder and liquid, and gummies and soft chews. By distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacies/drug stores, specialist stores, online retail stores, and other distribution channels. Based on geography, the market is segmented into the United Kingdom, Germany, France, Spain, Italy, Russia, and the Rest of Europe. 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
United Kingdom
Germany
France
Spain
Italy
Russia
Rest of Europe
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Europe Nutricosmetics Market Size Summary

The Europe nutricosmetics market is experiencing significant growth, driven by the increasing consumer interest in products that combine beauty and health benefits. Nutricosmetics, which are nutraceuticals designed to enhance the condition of skin, hair, and nails through nutritional supplementation, are gaining popularity, particularly among aging populations in developed economies. The trend of "beauty from within" is becoming more accepted, with consumers seeking products that offer benefits such as improved skin elasticity and reduced wrinkles. The market is being further propelled by the rising demand for natural, organic, and vegan ingredients, as consumers become more conscious of the ingredients in their beauty products. This shift is encouraging brands to innovate and launch new products that cater to these preferences, such as vegan-friendly supplements and plant-based beauty products.

The United Kingdom stands out as one of the largest markets for nutricosmetics in Europe, with a growing demand for beauty and health supplements. Consumers are increasingly interested in skincare products enriched with nutrients like vitamins and omega fatty acids, which are believed to support skin health. The market is characterized by a high level of product awareness, prompting companies to introduce innovative offerings. Key players in the market, including Herbalife, Pfizer, and Lonza Group, are focusing on product launches, partnerships, and research and development to meet the rising demand. The market's fragmented nature presents opportunities for growth, as companies strive to capture a larger share by catering to the evolving consumer preferences for preventive healthcare and wellness solutions.

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Europe Nutricosmetics Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Growing Demand for Nutricosmetics Among Millennials

      2. 1.1.2 Growing Beauty and Wellness Trend

    2. 1.2 Market Restraints

      1. 1.2.1 Stringent Government Regulations and Product Guidelines

    3. 1.3 Porter's Five Force Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 Skin Care

      2. 2.1.2 Hair Care

      3. 2.1.3 Nail Care

    2. 2.2 Form

      1. 2.2.1 Tablets and Capsules

      2. 2.2.2 Powder and Liquid

      3. 2.2.3 Gummies and Soft Chews

    3. 2.3 Distribution Channel

      1. 2.3.1 Supermarkets/Hypermarkets

      2. 2.3.2 Drug Stores/Pharmacies

      3. 2.3.3 Specalist Stores

      4. 2.3.4 Online Retail Stores

      5. 2.3.5 Other Distribution Channel

    4. 2.4 Geography

      1. 2.4.1 United Kingdom

      2. 2.4.2 Germany

      3. 2.4.3 France

      4. 2.4.4 Spain

      5. 2.4.5 Italy

      6. 2.4.6 Russia

      7. 2.4.7 Rest of Europe

Europe Nutricosmetics Market Size FAQs

The Europe Nutricosmetics Market is projected to register a CAGR of 8.54% during the forecast period (2024-2029)

Herbalife International of America, Inc., Pfizer Limited, Lonza Group Ltd., Reckitt Benckiser Group plc and Amway Corporation are the major companies operating in the Europe Nutricosmetics Market.

Europe Nutricosmetics Market Report Snapshots

Europe Nutricosmetics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)