Beauty supplements are used to treat nutritional deficits in people. It offers clear benefits for your health and wellbeing. There are many different types of beauty supplements, including capsules, pills, soft gels, powder, and liquid. Vitamins, minerals, proteins, and other vital ingredients that enhance appearances are found in beauty supplements. Reduced signs of aging and enhanced cardio & heart health are two health advantages of using beauty supplements.
To obtain market share and attract clients, the top industry actors in the global market for beauty supplements employ a range of techniques. Furthermore, a variety of factors, including increased health consciousness, are driving the demand for beauty supplements among women. Rising geriatric population demand, as a result of improved flavor and more convenient consumption, is also driving market expansion. The popularity of supplements among both male and female consumers, the rise in probiotic drink consumption, the development of better health supplements to address a variety of nutritional deficiencies, and an increase in people's awareness of their appearance are all the factors driving the global growth of the beauty supplement market. The influence of celebrities, newspapers, and commercials is also expected to boost demand for beauty supplements.
In terms of revenue, the global market for Beauty Supplements is predicted to grow at a CAGR of 5.55% between 2023 and 2030.
Top Companies in the Beauty Supplements Industry:
1. Amway
Amway is a multi-level marketing (MLM) business based in the United States that distributes home care, beauty, and health products. It was established in 1959 and has its US headquarters in Michigan. It operates in more than 100+ countries and territories. According to a statement from the direct selling company, Amway India has relaunched its premium skin-care brand Artistry by entering the skin nutrition market under the Artistry Skin Nutrition line in November 2022.
2. Asahi Group Holdings, Ltd
Asahi Group Holdings, Ltd. was established in 1889 and has its headquarters in Tokyo, Japan. It is active in Japan, Southeast Asia, Europe, and Oceania. Asahi Group introduced two new beauty supplements to the rapidly increasing Dear-Natura brand in October 2019.
3. HUM Nutrition
HUM Nutrition deals with the provision of essential nutrients in food that are necessary to support human life and good health. It was founded in 2012 and headquartered in. It operates globally. In January 2021, the beauty vitamin company HUM Nutrition will provide a supplement for reducing stress.
4. Pfizer Inc.
Pfizer Inc is a Williamsburgh, New York–based American global pharmaceutical and biotechnology firm that was established in 1849. It works in more than 181 nations. The FDA has approved LITFULOTM (ritlecitinib), a once-daily oral medication, for people 12 years of age and older with severe alopecia areata, according to a June 2023 announcement from Pfizer Inc. (NYSE: PFE). The approved recommended dose for LITFULO is 50 mg. It is the first and only drug for adolescents (12 and older) with severe alopecia areata that the FDA has approved.
5. Meiji Holdings Co., Ltd.
Meiji Holdings Co., Ltd. was established in 2009, with headquarters in Tokyo, Japan. It is operational across Asia-Pacific, Europe, and North America.
6. Reserveage Nutrition
Reserveage Nutrition was founded in 2009 and headquartered in Florida, United States. It operates in many countries. Collagen supplementation is made simple and enjoyable with Reserveage Nutrition's May 2019 release of Collagen Candy, a powdered treat that melts on the tongue and tastes like your favorite candy from childhood. Having invented it more than ten years ago and being the first to market with a special candy-style stick distribution mechanism that doesn't require water or mixing, Reserveage continues to set the standard for innovation.
7. Vitabiotics Ltd.
Vitabiotics Ltd. was founded in 1971 and headquartered in London, United Kingdom. It operates in over 100 countries. With new partnerships, Vitabiotics increases its global reach in February 2021. The major vitamin brand with headquarters in the UK has partnered with Southeast Asian e-commerce giant Lazada Group and global technology company Alibaba Group to accelerate growth in China.
8. The Boots Company PLC
The Boots Company PLC was founded in 1849 and headquartered in England, United Kingdom. It operates in United Kingdom Republic of Ireland, Norway, Italy, United Arab Emirates, Thailand, Indonesia and Qatar.
9. Murad Europe Ltd
Murad Europe Ltd was founded in 1989 and headquartered in England, United Kingdom. It operates in over 42 countries and strong presence in US.
*Definition: Beauty supplements (oils, capsules, powders, and so on) are taken orally in order to influence the overall health of the skin. These products, known as nutraceuticals, are absorbed by the bloodstream and delivered by the blood vessels to the dermis, the deepest layer of the skin.
