The importance of having healthy skin in culture drives the demand for skincare items, including foods that are good for the skin to boost market growth. Asia Pacific led the market in 2023 with the largest market share of 46.7%.
Newark, March 11, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 2.1 billion in 2023 Skin Health Foods market will reach USD 3.6 billion by 2033. The term “skin health foods” mostly refers to dietary items that contain enough levels of probiotics, omega-3 fatty acids, and other ingredients that improve skin health. The primary drivers of this market’s growth are the increased frequency of allergy disorders, growing consumer health consciousness, improving R&D and production capacities for functional food and beverage products, and rising nutrient-rich food intake to support general health.
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Report Attribute Details
Report Attribute | Details |
Revenue forecast in 2023 | USD 2.1 Billion |
Market size value in 2033 | USD 3.6 Billion |
Expected CAGR Growth | 6.4% |
Base Year | 2023 |
Forecast Year | 2024 – 2033 |
Top Market Players | BASF SE, ADM, DuPont, Cargill, Incorporated, Arla Foods Amba, Nestlé, DSM, Glanbia PLC, Herbalife International of America, Inc., Amway Corp. |
Segments Covered | by Indication, Source, Distribution Channel, Regions |
Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Key Insight of the Skin Health Foods Market
Asia Pacific is anticipated to expand at the fastest CAGR of 13.6% over the projection period.
Asia Pacific is expected to grow at the fastest CAGR of 13.6% over the forecast period. Skincare is highly valued in many Asian cultures as part of customary beautification regimens. The need for skincare products, including foods that are good for your skin, is driven by this societal tendency. Additionally, cosmetics with herbal and natural ingredients are frequently preferred by customers in the Asia-Pacific region. Traditional botanicals and herbs used in skin health foods may be a good fit with regional tastes.
In the Skin health foods market, the anti-aging segment is anticipated to expand at the highest CAGR of 12.1% over the projection period.
The anti-aging farm segment is anticipated to expand at the highest CAGR of 12.1% over the projection period. The need for anti-aging products, especially foods that are good for your skin, is greatly fueled by the growing global aging population. As individuals become older, there’s a rising market for products that target aging symptoms including fine lines, wrinkles, and elasticity loss. Skin health foods are rich in precursors of collagen and elastin, which are essential for preserving the firmness and suppleness of the skin. These components take care of frequent issues related to aging skin.
In the skin health foods market, the Avocado segment is anticipated to expand at the highest CAGR of 13.1% over the projection period.
The Avocado segment is anticipated to expand at the highest CAGR of 13.1% over the projection period. Healthy monounsaturated fats, like those found in avocados, help hydrate the skin and aid in the absorption of fat-soluble vitamins. Avocados are a good source of minerals like potassium and vitamins E, C, K, and several B vitamins. These elements are essential for collagen synthesis and antioxidant defense in the skin. Additionally, avocados’ monounsaturated fats contain anti-inflammatory qualities that may help reduce skin irritation and redness brought on by a variety of skin problems.
In the skin health foods market, the online segment is anticipated to expand at the highest CAGR of 14.2% over the projection period.
The online segment is anticipated to expand at the highest CAGR of 14.2% over the projection period. Online stores give customers the flexibility to shop whenever they want, making skin-healthy foods widely available to a worldwide customer base. Online resources also give customers access to comprehensive product information, empowering them to make wise choices. Furthermore, consumer ratings and reviews foster trust and openness. Additionally, online retailers frequently provide subscription services that let users get their preferred meals for healthy skin sent to them regularly. Businesses benefit from this convenience by fostering consumer loyalty and ensuring a consistent income stream.
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Market Dynamics
Driver
When it comes to skincare meals, natural and pure beauty is preferred. Customers want for goods that support healthy skin with as few artificial ingredients, preservatives, and additives as possible. Additionally, to deliver specific advantages, skin health meals are made with useful components including antioxidants, vitamins (A, C, and E), omega-3 fatty acids, and collagen precursors. Additionally, a variety of product offerings and constant innovation in formulations satisfy a broad spectrum of consumer tastes. Market expansion is facilitated by inventive formulations and unusual ingredient combinations.
Opportunity
Adopting eco-friendly packaging and sustainable sourcing strategies as well as clean and sustainable beauty techniques to appeal to customers who care about the environment. Additionally, educational ads that highlight the idea of “beauty from within” and inform customers about the link between healthy eating and glowing skin. highlighting the advantages of useful components in skincare foods, including as vitamins, antioxidants, and collagen, to set products apart and draw in health-conscious customers.
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Some of the major players operating in the skin heath foods market are:
• BASF SE
• ADM
• DuPont
• Cargill, Incorporated
• Arla Foods Amba
• Nestlé
• DSM
• Glanbia PLC
• Herbalife International of America, Inc.
• Amway Corp.
Key Segments cover in the market:
By Indication
• Skin Conditions
• Anti-aging
• Anti-allergy
By Source
• Fatty Fish
• Avocados
• Walnuts
• Sunflower Seeds
• Sweet Potatoes
• Red or Yellow Bell Peppers
• Broccoli
• Others
By Distribution Channel
• Online
• Offline
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