South America Nutricosmetics Market Size (2024 - 2029)

The South America nutricosmetics market is experiencing significant expansion, driven by heightened consumer awareness of the health benefits associated with nutricosmetics, particularly in anti-aging products. The growth is further supported by the evolving retail landscape and diverse distribution channels in the region. A deeper understanding among consumers regarding the connection between diet and health, coupled with the increasing purchasing power of the middle-class population, is contributing to the market's expansion.

Home Market Analysis Food & Beverage Research Food Supplements Research Nutricosmetics Research South America Nutricosmetics Market Market Size

Market Size of South America Nutricosmetics Industry

Percentage
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.52 %
Market Concentration High

Major Players

South America Nutricosmetics Market Major Players

*Disclaimer: Major Players sorted in no particular order

South America Nutricosmetics Market Analysis

The South America nutricosmetics market is anticipated to grow at a CAGR of 4.52% for the forecast period 2020-2025.

  • The market is expected to witness strong growth, owing to increasing awareness among consumers about the health benefits of nutricosmetics particularly in the anti-aging products, which is driving the South American market forward. The expanding retail landscape and establishments of several distribution modes, has augmented the growth of the nutricosmetics market in the region.
  • Consumers in South America have a greater understanding of the relationship between diet and health, which is fueling the growth in the industry. Besides, increasing purchasing power of the middle-class population is triggering the growth of the nutricosmetics market.

South America 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 South American 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. By geography, the market is segmented into Brazil, Argentina, Colombia, and the rest of South American countries. 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
Brazil
Argentina
Colombia
Rest of South America
Need A Different Region Or Segment?
Customize Now

South America Nutricosmetics Market Size Summary

The South America nutricosmetics market is poised for significant expansion, driven by a growing consumer awareness of the health benefits associated with these products, particularly in the anti-aging segment. This awareness is bolstered by an increasing understanding of the connection between diet and health among South American consumers, which is further fueling market growth. The region's expanding retail landscape and diverse distribution channels are also contributing to the market's upward trajectory. The rising purchasing power of the middle-class population is another key factor propelling the industry forward, as consumers seek products that promote beauty from within. Nutricosmetics, available in forms such as gelatin capsules and juice blends, are gaining popularity due to their oral application and the promise of visible aesthetic benefits, including skin aging prevention and hair strengthening.

Brazil, as a major consumer of cosmetics, is particularly influential in the nutricosmetics market, with its population increasingly seeking natural ingredients and healthier lifestyle choices. This trend has led to the perception of nutricosmetics as an extension of traditional beauty treatments, prompting local companies to introduce a variety of products. Notable players in the market, such as Beiersdorf AG, Herbalife International of America, Inc., NATURA &CO, and Dermage, are strategically positioning their offerings to capitalize on this growing demand. The market's competitive landscape is expected to be driven by a diverse product portfolio and strategic marketing efforts, particularly in retail channels like supermarkets and convenience stores.

Explore More

South America Nutricosmetics Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    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 Brazil

      2. 2.4.2 Argentina

      3. 2.4.3 Colombia

      4. 2.4.4 Rest of South America

South America Nutricosmetics Market Size FAQs

The South America Nutricosmetics Market is projected to register a CAGR of 4.52% during the forecast period (2024-2029)

Beiersdorf AG, Herbalife International of America, Inc. , Amway Corp., NATURA &CO and Dermage are the major companies operating in the South America Nutricosmetics Market.

South America Nutricosmetics Market Report Snapshots

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