The Europe Nutracosmetic Market is expected to witness market growth of 7.2% CAGR during the forecast period (2022-2028).
To increase sales in numerous nations, businesses are modifying their product branding & advertising techniques. Manufacturing businesses have implemented innovative methods to boost sales of nutracosmetics products, including the introduction of new products with organic ingredients, regular nutracosmetics products, as well as innovative packaging. Consumers, particularly women, like to utilize products that are portable & simple to use while traveling or attending social gatherings as nutracosmetics have become an essential aspect of lives.
In order to increase sales, producers frequently use natural chemicals that have no negative effects on the skin while creating nutracosmetics products. This aids in boosting the income of businesses engaged in this industry. The nutraceuticals sector is driven by all of these manufacturing strategies taken collectively.
Consumers are increasingly choosing the products that offer the same advantages without the negative side effects of synthetic chemicals, which are commonly found in popular cosmetic skin products. Natural skin care & cosmetic options are gaining popularity with consumers. The significance of increasing demands for nutricosmetics in beauty treatments is that they have very few adverse effects, and consumers are seeking out regimens to regulate aging and beauty.
In this region, it is estimated that Italian consumers will continue to favor skin care products with natural & active ingredients. Product ease of use & absorption is also highly valued attributes. Italian cosmetics are well known across the globe for their formula innovation as well as manufacturing company service characteristics, which have helped the Italian cosmetics industry establish itself in both conventional as well as emerging markets, these aspects enable Italy in trying to make a notable market for Nutracosmetic products in the Europe region.
The Germany market dominated the Europe Nutracosmetic Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $438.3 million by 2028. The UK market is experiencing a CAGR of 6.3% during (2022 - 2028). Additionally, The France market is expected to display a CAGR of 8% during (2022 - 2028).
Based on Ingredient, the market is segmented into Carotenoids, Probiotics, Vitamins, and Others. Based on Application, the market is segmented into Skin Care, Hair Care, and Nail Care. Based on Demographic, the market is segmented into Female and Male. Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Specialty Stores, Pharmacies & Drug Stores, Online Sales Channel, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Amway Corporation, Pfizer, Inc., GlaxoSmithKline PLC, Blackmores Limited, Shiseido Company, Limited, Suntory Holdings Limited (Kotobuki Realty Co., Ltd.), and KORA Organics by Miranda Kerr Pty Ltd., Herbalife nutrition Ltd., and GNC Holdings, LLC
To increase sales in numerous nations, businesses are modifying their product branding & advertising techniques. Manufacturing businesses have implemented innovative methods to boost sales of nutracosmetics products, including the introduction of new products with organic ingredients, regular nutracosmetics products, as well as innovative packaging. Consumers, particularly women, like to utilize products that are portable & simple to use while traveling or attending social gatherings as nutracosmetics have become an essential aspect of lives.
In order to increase sales, producers frequently use natural chemicals that have no negative effects on the skin while creating nutracosmetics products. This aids in boosting the income of businesses engaged in this industry. The nutraceuticals sector is driven by all of these manufacturing strategies taken collectively.
Consumers are increasingly choosing the products that offer the same advantages without the negative side effects of synthetic chemicals, which are commonly found in popular cosmetic skin products. Natural skin care & cosmetic options are gaining popularity with consumers. The significance of increasing demands for nutricosmetics in beauty treatments is that they have very few adverse effects, and consumers are seeking out regimens to regulate aging and beauty.
In this region, it is estimated that Italian consumers will continue to favor skin care products with natural & active ingredients. Product ease of use & absorption is also highly valued attributes. Italian cosmetics are well known across the globe for their formula innovation as well as manufacturing company service characteristics, which have helped the Italian cosmetics industry establish itself in both conventional as well as emerging markets, these aspects enable Italy in trying to make a notable market for Nutracosmetic products in the Europe region.
The Germany market dominated the Europe Nutracosmetic Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $438.3 million by 2028. The UK market is experiencing a CAGR of 6.3% during (2022 - 2028). Additionally, The France market is expected to display a CAGR of 8% during (2022 - 2028).
Based on Ingredient, the market is segmented into Carotenoids, Probiotics, Vitamins, and Others. Based on Application, the market is segmented into Skin Care, Hair Care, and Nail Care. Based on Demographic, the market is segmented into Female and Male. Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Specialty Stores, Pharmacies & Drug Stores, Online Sales Channel, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Amway Corporation, Pfizer, Inc., GlaxoSmithKline PLC, Blackmores Limited, Shiseido Company, Limited, Suntory Holdings Limited (Kotobuki Realty Co., Ltd.), and KORA Organics by Miranda Kerr Pty Ltd., Herbalife nutrition Ltd., and GNC Holdings, LLC
Scope of the Study
Market Segments Covered in the Report:
By Ingredient
- Carotenoids
- Probiotics
- Vitamins
- Others
By Application
- Skin Care
- Hair Care
- Nail Care
By Demographic
- Female
- Male
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Amway Corporation
- Pfizer, Inc.
- GlaxoSmithKline PLC
- Blackmores Limited
- Shiseido Company, Limited
- Suntory Holdings Limited (Kotobuki Realty Co., Ltd.)
- KORA Organics by Miranda Kerr Pty Ltd.
- Herbalife nutrition Ltd.
- GNC Holdings, LLC
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Europe Nutracosmetic Market by Ingredient
Chapter 5. Europe Nutracosmetic Market by Application
Chapter 6. Europe Nutracosmetic Market by Demographic
Chapter 7. Europe Nutracosmetic Market by Distribution Channel
Chapter 8. Europe Nutracosmetic Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- BASF SE
- Amway Corporation
- Pfizer, Inc.
- GlaxoSmithKline PLC
- Blackmores Limited
- Shiseido Company, Limited
- Suntory Holdings Limited (Kotobuki Realty Co., Ltd.)
- KORA Organics by Miranda Kerr Pty Ltd.
- Herbalife nutrition Ltd.
- GNC Holdings, LLC
Methodology
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