Beauty treats fuel nutricosmetics market

Published: 26-Jun-2015

Japan continues to lead innovation in nutricosmetics with beauty benefits in confectionery and even beer

You need to be a subscriber to read this article.
Click here to find out more.

The nutricosmetics market saw strong growth in 2014-15 and the global market is forecast to be worth US$7.16bn by 2020, growing at a CAGR of 11.5% from 2014-20, according to analyst Transparency Market Research. Growing consumer preference for green credentials is influencing the growth of the market, says Transparency, and it remains led by the Asia Pacific region, closely followed by Europe, due to its ageing population.

However, countries such as South Africa, UAE, Brazil and Taiwan are as yet untapped, says the analyst, and there should be substantial growth opportunities for manufacturers in these markets.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.

You may also like