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U.S. and Europe Nutricosmetics Ingredients Markets
Frost & Sullivan, Aug 2009, Pages: 65
This research identifies opportunities for different food ingredients in the nutricosmetic market.
Research Overview
This Frost & Sullivan research service titled U.S. and Europe Nutricosmetics Ingredients Markets provides opportunity analyses of the ingredients that can be used in the nutricosmetics market. It also covers all the major product launches of nutricosmetics with different ingredients. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: food fortification, nutrient supplements, and green chemicals.
Market Overview
Nutricosmetics Market Makes Handsome Profits as the ‘Beauty from Within’ Concept Catches on
Nutricosmetics is all set to be the next big thing in the cosmetics industry, and it could very well realize its potential if it harnesses the opportunities in the baby boomer group. The aging population, which is spending considerably on cosmetics and ingredients to keep looking young and healthy, could be persuaded to switch from cosmetics to nutricosmetics if manufacturers provide them with scientific data about the properties of their products. “End-user trials have evolved and a lot of these scientific trials show the positive effects of different nutricosmetics on skin, nails, and hair,” says the analyst of this research. “The inside out approach is also gaining traction because of the hybrid effect of both nutrition and cosmetics in a single ingestible food fortification or supplement.”
Manufacturers have begun to respond to market demand by providing ample proof of the benefits of nutricosmetics ingredients. The scientific results regarding aloeride, which is made from aloe vera, has caught the attention of manufacturers, as has the aloe vera produced by ALOEBIOTICS Research Labs, which is 10,000 times more active than crude aloe juice. Almost all nutricosmetics have a complex formulation that involves many ingredients such as carotenoids, vitamins, sterols, and poly unsaturated fatty acids (PUFAs), which inhibit aging signs. Formulation challenges, along with the low acceptance levels of new formulations, can be addressed only by providing consumers with data supporting their usage.
To facilitate greater acceptance among users, ingredient suppliers must offer the best products to nutricosmetic manufacturers. Most nutricosmetic ingredients are principally used by the food and feed industries such as coloring, fortification, and nutrient agents, but it is their effect on beauty that drives their application in nutricosmetics. “Fortified foods and functional foods are becoming more popular among health-conscious consumers, leading to the higher uptake of carotenoids among the major food companies,” notes the analyst. “Consumers are also becoming more aware of the content of their food and they actively seek out specific products, which powers the ingredient market.” While carotenoids are popular for their antioxidant properties, nutricosmetic manufacturers also use any natural ingredient such as fruit extracts and PUFA, which, by being ingested, can enhance the luster of skin, nails, and hair.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Food fortification
- Nutrient supplements
- Green chemicals
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