Beauty Supplements Market By Product (Vitamins, Mineral, Enzymes, Botanicals, Proteins, Omega-3, Probiotics, Others) By Application (Beauty, Women's Health) By Age Group (Age 15 - 30, Age 31 - 50, Age 51 - 70, Above 70 years) By Consumer Group (Prenatal, Postnatal, PMS, Perimenopause, Postmenopause, Others) By Sales Channel (Online, Direct Sales, Pharmacies/Drug Stores, Other offline channels)- Growth, Share, Opportunities & Competitive Analysis, 2016 – 2028

How will the Use of Organic Beauty Supplements Impact the Market?

The Organic Beauty Supplements expansion is being driven by customer perception of the adverse effects of beauty supplement products. Some of the important drivers driving Organic Beauty Supplements expansion include a growing preference for natural products, increased awareness of preventative healthcare, and increased spending on health and wellbeing. The growing elderly population, combined with the rising prevalence of chronic illnesses, is boosting the global demand for organic products. Increasing health and wellness spending and rising disposable income levels, particularly in emerging markets, are predicted to boost global demand for organic supplements. Increased knowledge of the health benefits provided by these products is also predicted to drive market growth.

beauty-supplements-market

What is the Market Size of the Beauty Supplements Market in terms of value?

Global Beauty Supplements Market is projected to increase at a significant CAGR of 4.5% in the coming years. In 2021, the global Beauty Supplements market was valued at USD 2,619.5 million and is projected to reach at value of USD 3,564.78 million by 2028. The demand for Beauty Supplements is projected to increase substantially in the coming years and is presumed to generate revenue opportunities for the key industry players that worth USD 24,570.95 million during the forecast period between 2022 and 2028.

Which Outlet Channel will Generate Maximum Revenue for Beauty Supplements?

The hypermarkets and supermarkets segment occupies a significant share of the global market because of the availability of a large range of products from numerous cosmetic brands under one roof. Bulk shopping from these stores provides various discounts and incentives. This resulted in the sector expanding.

The online store category is expected to increase rapidly because of the simplicity and convenience of online purchasing. Online businesses provide many benefits such as free home delivery, discounts on large orders, and gift coupons, and they also save time going to offline stores. The increasing use of smartphones and the convenience of purchasing items from the comfort of one's own home are primarily driving growth. The availability of a variety of selections and reduced prices as compared to physical are some of the other elements contributing to the burgeoning demand for online beauty supplements.

Interesting Facts about Beauty Supplements Industry

  • The top 5 countries for beauty products exports are France, South Korea, United States, Japan, and Germany.
  • The top 5 countries for beauty products imports are China, Hong Kong, Singapore, United Kingdom and Macao.
  • The beauty supplements market has grown significantly as a result of factors such as people's growing concerns about their appearance and appearance, as well as their high spending power.
  • Customers, particularly those in underdeveloped nations, are expected to be put off by the high expense of these products. This could stymie the expansion of the beauty supplement market in the coming years.
  • North America will be the biggest market share in the forecast period and is likely to maintain its position throughout the forecast period. This is due to reasons such as the presence of big market players in this region, who are introducing superior items in order to gain the most market share.
  • In the forecast period, the vitamins and minerals category led the worldwide beauty supplements market, and this trend is expected to continue throughout the forecast period. This was ascribed to an increase in the prevalence of chronic diseases.

Who are the Top 10 players/companies in the Beauty Supplements market in terms of value?

The key players in the global Beauty Supplements market in terms of value and volume include Amway; Herbalife International of America Inc.; The Nature’s Bounty Co.; Bayer AG; GNC Holdings Inc.; Garden of Life (Nestle); Taisho Pharmaceutical Co. Ltd.; Swisse Wellness Pty. Ltd.; Pfizer Inc.; Fancl Corporation; Suntory Holdings Limited; Pharmavite LLC; Asahi Group Holdings; Usana Health Sciences; Blackmores; Nu Skin Enterprises; Standard Foods Corporation; By Health Co. Ltd; Revital Ltd.; The Himalaya Drug Company; Vita Life Sciences; Grape King Bio Ltd. These key players are concentrating on new product developments as well as technological innovation to enhance their production of Beauty Supplements to gain competitive market share at a global level. Moreover, some regional and country-level players are also investing heavily to expand their product portfolio and enhance their sales. For instance, in March 2021, the Artistry brand launches a skincare range featuring Artistry Skin Nutrition products that act as skin supplements. The new clean, traceable, and vegan skincare line is powered by cutting-edge skin science and plant-based phytonutrients, as well as clean ingredients and procedures for healthy beauty with no compromises.

Who are the Top 10 Countries in the Beauty Supplements Market?

In the global Beauty Supplements market, the major countries are US, Canada, Japan, China, Australia, UK, Germany, France, Italy, and Brazil. The United States dominates the market within the North American region and worldwide. The beauty supplements market in the United States has been continuously expanding, with many established and new manufacturers diversifying their product offerings within the ingestible beauty category. With, the increasing awareness of beauty supplement devices, the United States is a target market for market leaders. The prominence of the holistic health and wellness trend, rising female workforce participation, an increase in the number of women who want to age gracefully, digital marketing, product personalization, diverse form factors, and extensive branding are among the key factors expected to drive the nation’s market growth.

Which is the Key Application Area in the Beauty Supplements Market?

The key applications of the Beauty Supplements Market include Beauty and Women's Health. The Beauty category is likely to hold a major proportion of the beauty supplement market throughout the forecast period. The beauty segment growth is projected to be boosted by increased awareness of the skin advantages associated with beauty supplements. A few variables that are projected to push segment expansion throughout the forecast period include the improved quality of life, the favorable impacts of beauty and personal care on self-esteem and social interaction, and the steady consumer shift toward premium and luxury cosmetic products. Consumers throughout the world are increasingly interested in organic personal care products, which is likely to drive segment expansion during the study period.

What are the Major Driving Factors for Beauty Supplements Market?

The increased concern of consumers for their external view and appearance, together with self-obsession with looking younger, are the primary drivers driving the global expansion of the beauty supplements market. The influence and awareness of celebrities, models, ads, magazines, and peers are likely to boost the expansion of the beauty supplement industry. Furthermore, increased male inclination toward appearance is likely to drive the market growth of beauty supplements during the forecast period.

What are the Major Restraints for Beauty Supplements Market?

Beauty supplement market expansion is likely to be hampered by a lack of consumer awareness about its availability, usage, and consumption, as well as high prices for these products and a lack of consumer interest in emerging markets. Furthermore, customer awareness of the adverse effects of beauty supplement products is impeding market expansion.

Which Region Dominated the World Beauty Supplements Market?

North America will hold the biggest market share in the forecast period and is likely to maintain its position throughout the forecast period. This is due to reasons such as the presence of big market players in this region, who are introducing superior items in order to gain the most market share. An increasing number of beauty product outlets in the region is one of the primary factors driving market growth throughout the projection period. The government support for R&D and the availability of research funds promote market expansion. Furthermore, because of increasing awareness of beauty supplement devices, the United States is a target market for market leaders.

The Asia-Pacific region is expected to be the most profitable market for beauty supplements. The presence of a big patient pool with unmet requirements is one of the major factors contributing to this region's quickest growth. The growth in the healthcare scenario in Asian countries, along with GDP growth and government initiatives, are projected to drive growth in the women's health and beauty supplements market. Furthermore, Asia-Pacific is predicted to emerge as the most lucrative area with the largest development potential with investments in new technologies, general economic circumstances, an increase in the number of athletes and sports professionals, an increase in the economy, and an increase in health risks and diseases, which can be controlled through the use of supplements.

Segmentation of Global Beauty Supplements Market-

Beauty Supplements Market- By Product

  • Vitamins
  • Mineral
  • Enzymes
  • Botanicals
  • Proteins
  • Omega-3
  • Probiotics
  • Others

Beauty Supplements Market- By Application

  • Beauty
  • Women's Health

Beauty Supplements Market- By Age Group

  • Age 15 - 30
  • Age 31 - 50
  • Age 51 - 70
  • Above 70 years

Beauty Supplements Market- By Consumer Group

  • Prenatal
  • Postnatal
  • PMS
  • Perimenopause
  • Postmenopause
  • Others

Beauty Supplements Market- By Sales Channel

  • Online
  • Direct Sales
  • Pharmacies/Drug Stores
  • Other offline channels

Frequently asked questions about Global Beauty Supplements Industry

North America will hold the biggest market share in the forecast period and is likely to maintain its position throughout the forecast period. This is due to reasons such as the presence of big market players in this region, who are introducing superior items in order to gain the most market share.

Rising awareness of the benefits of beauty supplements, as well as rising physical appearance concerns among individuals, are likely to drive the Beauty Supplements Market in the coming years.

Vitamins emerged as the leading product segment in 2020 with a revenue share of over 37%

Rising awareness of the benefits of beauty supplements, as well as rising physical appearance concerns among individuals, are likely to drive the Beauty Supplements Market in the coming years.

The COVID-19 crisis has startled the cosmetic sector, resulting in a dramatic drop in demand for cosmetic products. Furthermore, as a result of the strict lockdown and widespread store closures in the first half of 2020, customer spending patterns in the beauty and personal care area have shifted considerably.

Beauty Supplements Market Report Scope

Report Attribute Details
Market Value in 2021 USD 2,619.5 million
Market Value in 2028 USD 3,564.78 million
CAGR 4.5%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
Choose License Type
Related Report










Published Date:  Jun 2022
Category:  Consumer Goods
Report ID:   58118
Report Format:   PDF
Pages:   120
Rating:    4.7 (78)
Connect With Us
+1-408-641-3282
24/7 Research Support