Anti-Aging Nutraceutical Ingredients: Market Growth, Future Prospects & Competitive Analysis, 2016 - 2023

There is an increased inclination among consumers regarding their beauty and hygiene, which is fueling the demand for advanced skin care products. Anti-aging products are expected to gain significant traction in the next five to six years out of all skin care product categories.

Technological advancements in the personal care industry have led to the development of novel anti-aging nutraceutical products. Since cellulite is one of the major problems faced by women, the use of such ingredients to overcome this concern is of utmost importance among anti-aging nutraceutical product manufacturers. Also, ingredient suppliers are keen on developing ingredients that cater to consumer demand for UV absorbing and skin brightening, better anti-oxidation, anti-inflammatory properties, and anti-aging applications.

Factors such as rising consumer awareness of nutraceutical ingredients, the use of natural formulations in products, and informative product packaging, as a result of consumer interest in product information, are propelling the global anti-aging nutraceutical ingredients market forward. In addition, fruit-based formulations coupled with nutraceutical ingredients are gaining significant importance among consumers, resulting in the development of such products.

Geographically, North America is dominating the market in terms of revenue share contribution, which is attributed to extensive research and development by companies for efficient anti-aging nutraceutical ingredient development. The anti-aging nutraceutical ingredients market in Asia Pacific is anticipated to record robust growth.

Owing to huge consumer inclination for skin care in countries such as China and India, coupled with the presence of local manufacturers who offer better ingredients while maintaining efficacy and mitigating other supply chain issues, demand for anti-aging nutraceutical ingredients is expected to surge significantly during the forecast period.

The global anti-aging nutraceutical ingredients market is classified as follows:

Source

• Prebiotics
• Probiotics
• Proteins and amino acids
• Omega-3 Fatty Acids
• Minerals
• Vitamins
• Carotenoids
• Fibers and Specialty Carbohydrates
• Phytochemicals and Plant Extracts
• Others

Form

• Dry
• Liquid

Geography

• North America
• US
• Canada
• Europe
• UK
• Germany
• Rest of Europe
• Asia-Pacific
• Japan
• China
• Rest of APAC
• Latin America
• Middle East and Africa

Key players identified for the anti-aging nutraceutical ingredients market include but are not limited to:

Pfizer Incorporated, Avon Products Inc., Shiseido Co. Ltd., GlaxoSmithKline Plc., Chanel SA, Bayer Schering Pharma AG, General Nutrition Centers Inc., Procter & Gamble, F. Hoffmann-La Roche Ltd., Alberto Culver Company, Clarins, Merck & Company Incorporated, Johnson & Johnson, Unilever PLC, Allergan Inc., Novartis International AG, L’Oreal SA, Robanda International,

This report offers the following:

• An overview of the global markets for anti-aging nutraceutical ingredients
• Market trends assessment for the period 2013-2023, including historical data for 2013 and 2014 as well as projections through 2023, with respective CAGRs in 2016 and 2023.
• Qualitative assessment tools such as market drivers, challenges, and future prospects for anti-aging nutraceutical ingredients
• Market competition scrutiny tools such as market share analysis, fractal map assessment, and attractive investment proposition
• Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
• A general overview of the industry structure
• Company profiles highlight key information about the major players operating in the anti-aging nutraceutical ingredients market.

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