Market News
Recent Developments
New Product Launches
- In June 2023, Codex Labs, Silicon Valley’s biotech-skintech company, announced the launch of its third supplement, the Antü Skin Barrier Support Supplement, to complement its Antü skincare collection for protecting, restoring, and strengthening the skin barrier. The product combines Western medical research on the human skin barrier using M3 Plus, a combination of three key Patagonian plants.
- In May 2023, Direct-to-consumer beauty enterprise Ritual recently ventured into the skin care supplement market with the debut of Hyacera. This pioneering product focuses explicitly on promoting skin's moisture levels and suppleness. The innovative design of Hyacera features a dual-capsule system, where one capsule is encapsulated within another. This dynamic duo synergistically functions to significantly boost skin's hydration and elasticity.
- In March 2023, Symrise, a chemical company located in Germany, launched a new line of diana food bioactives for use in Beauty from Within products. The company is diversifying its product line by creating these unique and cutting-edge nutricosmetic components. The range includes products for skin conditioning and anti-aging, skin brightening, and hair and nail care. It is made up of bioactives derived from nature, such as collagen type I, vitamins C and A, and polyphenols from various fruits. Symrise's extensive experience in the beauty sector is complemented by this debut of cosmetic components.
Partnership and Acquisition
- In September 2023, Pierre Fabre Laboratories, a global dermo-cosmetics company, announced the acquisition of a share in MiYé, a French skincare and nutritional supplement brand dedicated to women’s hormonal balance and well-being. This initial financing raise will allow MiYé to accelerate its development by using Pierre Fabre Laboratories' medical expertise and extensive understanding of the pharmacy industry.
- In January 2023, a groundbreaking partnership emerged between Nourished and Neutrogena, leading to the launch of an innovative product line, The Ageless Skinstack. These customized nutritional supplements are manufactured utilizing 3D printing technology. The aim is to bolster skin health through bespoke nutrient blends formulated to meet the individualized skin care needs of each user. The advanced 3D printing method employed ensures a personalized nutrient profile, offering precise skin health enhancements tailored to the consumer's unique skin requirements.
- In January 2023, Healthgevity, a dietary supplement company, announced a partnership with Nuritas, a biotechnology company, to launch an anti-aging, precision peptide supplement powered by Nuritas’ PeptiStrong, a patented next-generation ingredient derived from fava beans. The new product, called LONGEVITY, will offer a wide range of health benefits to a diverse range of consumers looking to boost their muscle health.
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