The global skincare supplement market size is witnessing a remarkable growth trajectory, with its projected value of USD 2,780 million in 2024 expected to surge to USD 4,500 million by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.8%. This surge is fueled by various factors, including the increasing influence of image-centric social media platforms, rising consumer preference for organic skincare options, and a growing awareness of preventive healthcare practices.
Key functionalities such as skin rejuvenation, wound healing, skin brightening, hydration, and acne reduction are driving the demand for effective skincare products and contributing to market growth. Consumers are shifting towards natural and organic alternatives to traditional skincare creams and gels, driven by a heightened awareness of preventive healthcare measures.
Across the globe, consumers are increasingly turning to skincare supplements in pursuit of effective and affordable solutions to maintain and improve skin health. The rise of personalized skincare routines and a growing inclination towards natural ingredients are expected to further fuel the demand for skincare supplements in the foreseeable future.
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Investments in research and development play a pivotal role in driving market growth, as advancements in experimenting with and analyzing various formulas have resulted in the emergence of effective supplements derived from natural ingredients. Moreover, innovative marketing strategies, such as mainstreaming skincare supplements and targeting aging populations worldwide, are indicative of substantial growth opportunities for the skincare supplement industry.
Key Growth Drivers:
- The proliferation of image-centric social media platforms such as Instagram and Snapchat is contributing to the demand for skincare supplements, as consumers actively seek out effective solutions for achieving flawless skin.
- Increasing awareness of preventive healthcare practices and a shift towards organic skincare alternatives are significant factors fueling market expansion.
- Innovations in research and development, including the creation of personalized skincare formulations and the introduction of convenient delivery formats like gummies and capsules, are further amplifying consumer interest and appeal.
Key Takeaways from the Global Skincare Supplement Market Study:
- By functionally, the skin de-aging category is projected to remain at the forefront by showcasing a CAGR of 10.9% through 2034.
- By sales channel, health & wellness stores are set to exhibit a CAGR of 7.4% from 2024 to 2034.
- The form segment is projected to be led by capsules with an 8.8% CAGR through 2034.
- India is estimated to witness a CAGR of 6.4% from 2024 to 2034.
- The United States is set to rise at a CAGR of 5.3% from 2024 to 2034.
“Increasing use of social media platforms like Snapchat and Instagram is compelling individuals to move toward natural supplements to bolster their skin’s appearance and prevent issues like acne. Hence, leading players are launching unique formulations to attract a large consumer base,” says a lead analyst at Future Market Insights (FMI).
Who is Winning?
Only a new product with exceptional functionality and competitive price can become successful, as the skincare supplement market is a consumer-driven one, with price and effectiveness playing significant roles in the adoption of a product. Companies able to create such products and distribute them effectively to a specific consumer base hold the potential for share expansion.
Some of these leaders of the global skincare supplement market include Amway, HUM Nutrition Inc, Nestle, Meiji Holdings Co Ltd, Shiseido Co Ltd, Unilever, Johnson & Johnson, Perricone MD, and Vitabiotics Ltd. For instance,
- Nutrafol, a New York-based skincare brand, introduced Nutrafol Skin in February 2024. It is a new supplement for consumption on a daily basis to prevent acne. The supplement can improve post-acne dark spots and mild-to-moderate acne problems.
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Leading Skincare Supplement Brands
- Amway
- HUM Nutrition, Inc.
- Nestle
- Meiji Holdings Co., Ltd.
- Shiseido Co., Ltd
- Unilever
- Johnson and Johnson Services, Inc.
- Perricone MD
- Vitabiotics Ltd.
- L’OREAL S.A.
Key Segments of Market Report
By Functionality:
Few of the leading functionalities include skin de-aging, skin hydration, acne reduction, wound and mark healing, and skin brightening.
By Form:
In terms of form, the industry is segregated into tablets/pills, capsules, liquid, powder, gummies/chewables, and others.
By Sales Channel:
Hypermarkets/supermarkets, specialty stores, e-commerce, drug stores and pharmacies, health and wellness stores, convenience stores, and departmental stores.
By Region:
Information about key countries across South Asia, East Asia, Oceania, North America, Latin America, Europe, and the Middle East and Africa is provided.
Get Valuable Insights into the Global Skincare Supplement Market
Future Market Insights, in its new offering, provides a thorough, detailed, and unbiased analysis of the global skincare supplement market, presenting historical demand data for the years 2019 to 2023 and forecast statistics for the years 2024 to 2034. The study categorizes valuable insights on the global skincare supplement market based on functionality, form, sales channel, and regions.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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