Which Region Offers Great Potential for Nutricosmetics Product Manufacturers? Innovative developments and increased R&D activities in weight management will lead to substantial growth in demand for nutricosmetics products over the forecast period of 2021-2031. Sedentary and unhealthy lifestyle prevalent in developed economies has increased obesity among people. For instance, more than one-third of the people in the U.S are obese. Furthermore, obesity gives rise to complications such as diabetes and cardiovascular diseases. These factors are encouraging people to consume nutritional products for managing their weight. For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=S&rep_id=5798 Moreover, weight management nutricosmetics products are witnessing significant demand, especially in the German market. These mainly comprise flavoured water, yoghurt, and juices. For instance, GELITA, a producer of gelatin, recently launched QYRA, comprising bioactive collagen peptides. Moreover, presence of companies focusing on innovative solutions coupled with demand for weight management nutricosmetics will bolster overall market growth over the coming years. As per a new report published by Fact.MR, the nutricosmetics market is anticipated to expand at a CAGR of around 5% over the next ten years. Key Takeaways from Market Study
The skin care sector is anticipated to be a major driver of the nutricosmetics industry. Among the primary functions, weight management has been the fastest-growing segment, owing to rise in a sedentary and unhealthy lifestyles. The North American region is set to dominate sales revenue in 2021 and ahead. Nutricosmetics sales in Asia Pacific are expected to rise significantly through 2031. Due to the COVID-19 crisis, demand for nutricosmetics was hit in 2020, which saw a decline. But with increasing awareness of their health benefits, it is expected to gain traction again.
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By Product Type o Supplements Nutricosmetics Tablets Nutricosmetics Capsules Nutricosmetics Powder Liquid Nutricosmetics Gummies Nutricosmetics Products o Beauty Beverages/Drinks By Primary Function o Skin Care Nutricosmetics Sun Care Nutricosmetics Anti-ageing Nutricosmetics Radiance and Glow Nutricosmetics Anti-acne/Pimple Nutricosmetics o Hair and Nail Care Nutricosmetics