Beauty Supplements Market: Regional Analysis
Asia Pacific is expected to dominate the market with 40% market share during the base year 2022. North America is estimated to be a lucrative market in the global market, in 2023 Manufacturers are launching new beauty supplement products, in order to expand their product portfolio. For instance, in April 2019, Nature's Bounty Co., a manufacturer of nutritional and vitamins supplements, launched premium beauty supplements, Nature’s Bounty Beauty Gels at Ulta.com and Ulta stores in New York, U.S. This beauty supplement is formulated to address women’s key wellness, which includes skin complexion. The Middle East and Africa region is anticipated to have significant market growth in terms of value owing to the health trends, which are constantly changing in the people of this region. In addition, people living in this region also have more access to information on health and nutrition. The World Bank projects that UAE’s population will grow from 9.4 million in mid-2017 to around 11.1 million by 2030. Increasing health awareness among the population is driving consumer demand for beauty supplements in the region, which is expected to facilitate growth of the Middle East & Africa beauty supplements market.
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