Press release
Nutricosmetics - Combination of Nutraceutical and Cosmeceutical Aim to bear the formation of Skin
Nutricosmetics are oral-based natural health products that have evolved from cosmeceutical and nutraceutical products. These products contain targeted antioxidants and nutrients that help in the prevention and/or treatment of a number of skin, hair, and nail defects. Given that natural products have fewer side effects, the demand for nutricosmetics is anticipated to witness strong growth over the next five years. Nutricosmetics are available in different formulations such as tablets, capsules, jellies, pills, and drinks. Increasing global health awareness and rising incomes, especially in developing countries, are projected to boost the nutricosmetics market by 2020.The global nutricosmetics market will rise at a CAGR of 11.50% from 2014 to 2020, says a recent market study released by Transparency Market Research. If the figure holds true, the global nutricosmetics market, with a valuation of US$3.3 bn in 2013, will reach a valuation of US$7.1 bn by the end of 2020. The title of this report is, “Nutricosmetics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”.
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The global nutricosmetics market is expected to witness substantial growth during the forecast period, particularly due to increasing aging population. The nutricosmetics products are available in different formulations such as capsules, tablets, pills, jellies and drinks. The global nutricosmetics market is expected to witness substantial growth during the forecast period. Factors such as increase in demand for natural products because of fewer side effects, increasing popularity among the aging population and rising medical health care costs are stimulating the growth of the global nutricosmetics market globally.
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