Nutricosmetics Market Overview
With the rising public consciousness toward looks and appearance and the surging disposable income of people, especially in the Asia-Pacific (APAC) region, on account of the rapid economic progress of regional countries, such as India and China, the sales of nutricosmetics are soaring all over the world. Nutricosmetics are basically oral-based natural health products. That contain antioxidants and targeted nutrients which are required for the treatment of nails, hair, and skin. In simpler terms, nutricosmetics are nutritional supplements that support the structure and function of the skin. These products can be ingested easily and assist in improving the condition of nails, hair, skin, face, and body.
The surging population of geriatric people is one of the major factors propelling the sales of these products around the world. According to the World Population Ageing 2020 report published by the United Nations Department of Economic and Social Affairs (UNDESA). The population of people aged 65 years or above will rise from 727 million in 2020 to more than 1.5 billion by 2050. As geriatric people are vulnerable to various chronic illnesses and medical conditions. Their mushrooming population is propelling the worldwide sales of nutricosmetics.
Nutricosmetics Market Demand
These products are sold in the form of functional foods, beauty supplements, or beverages. That contain various ingredients and active nutrients. Such as proteins, minerals, botanical actives, enzymes, sterol esters, vitamins, and lycopene. Which are produced and marketed as beauty aids. The word ‘nutricosmetics’ is derived by combining two words—nutraceuticals and cosmeceuticals. Some of the major micronutrients that serve as nutricosmetic products. Are omega 3 fatty acids, vitamin C, collagen, coenzymes Q10, glutathione, flavonoids, and carotenes.
Between liquid nutricosmetics and pill nutricosmetics, the demand for the former is currently higher. These products are used in various applications. Such as healthcare, personal care, skin care, hair care, heart health, digestive health, and weight management. Nutrichemicals are divided into omega 3 fatty acids, vitamins, and carotenoids. Depending on ingredient type. One of the major trends currently being witnessed in the nutricosmetics market is the rapid development of advanced products. The sales of nutricosmetics can be augmented by improving the accessibility factor. And it is thus becoming a major priority area for nutricosmetic producers across the world.
Nutricosmetics Market Size
Countries, such as South Africa, the U.A.E., Brazil, and Taiwan have untapped markets. That are offering lucrative growth opportunities to nutricosmetic producing companies. Ferrosan A/S, Laboratoires Inneov SNC., Laboratoire Oenobiol S.A.S., Beiersdorf Ag, ISOCELL SA, BASF SE, ExcelVite, Perricone M.D., Martek Biosciences Corporation, Nutrilo GmbH, Denomega Nutritional Oils AS, Quest Vitamins, GlaxoSmithKline Pharmaceuticals Limited, Groupe Danone SA, Frutels LLC, and Functionalab Inc. Are some of the major players operating in the nutricosmetics market.
Hence, it can be said with full surety that the demand for nutricosmetics will surge sharply in the coming years, primarily because of the rising requirement for personal care products, growing public consciousness toward looks and appearance, increasing disposable income of people, soaring need for natural nutritional supplements, and mushrooming population of geriatric people all over the world.
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low-calorie food market
The term ‘calorie-conscious’ is widely trending these days, as people look to stay fit and healthy. In the last two decades, people have become aware of the dangers of the long-term consumption of a high-calorie diet. Which include obesity, oxidative stress, heart diseases, cancers, insulin resistance, low-grade inflammation, and cognitive dysfunction. Because of mitochondrial function abnormalities and signal transduction alteration. As per the WHO, since 1975. The global prevalence of obesity has risen three times!
Considering the rising number of people becoming aware of their health, P&S Intelligence sees a vast growth potential for the low-calorie food market in the coming years. Since sugar is one of the key sources of calories. Most low-calorie foods are designed to help people minimize the consumption of sugars. They include sugar alcohol and sugar substitutes and nutritional substitutes. Carbohydrates are also a major source of calories, but they are among the essential nutrients and they are also broken down into sugars during digestion.
Therefore, sugar substitutes, such as stevia, cyclamate, aspartame, sucralose, and saccharin, are gaining widespread popularity among the health-conscious. Saccharin has been preferred by diabetics for a long time as a low-calorie alternative to cane and other kinds of conventional sugars. There were more than 530 million diabetics on this planet in 2021, according to the IDF, and this number is set to cross 780 million by 2045. Further, over 6.5 million die as a direct result of this pancreatic disorder every day.
The body does not metabolize saccharine, which stops the blood glucose levels from increasing. This is why this artificial sweetener is recommended for diabetics who don’t want to have all the sweetness taken away from their life. Moreover, such products are also said to be good for those worried about their weight. However, since saccharine is synthesized artificially, the last 5–10 years have witnessed a shift of the health-conscious from it to stevia, which is a natural sweetener.
In this regard, the COVID-19 pandemic and the lessons learned during it might play a huge role in making people shift to low-calorie food. The majority of those who died of COVID-19 were found to have co-morbidities, such as high blood pressure, fatty livers, high cholesterol, diabetes, and obesity. Since all these lifestyle-associated diseases can be traced, in part, to fatty diets, people have become rather conscious of what they eat, which is why the demand for low-calorie food and plant-based food products could rise rapidly in the coming years.
https://www.psmarketresearch.com/market-analysis/low-calorie-food-market
Frozen Bakery Market
The fact that the phrase ‘breaking bread’ is used to describe a meal tells how important this humble baked product is for humans. Whether they are those that puff up when baked or unleavened, flat ones. Breads are the primary source of carbohydrates. The main energy-giving foods, around the world. However, all such edible items are perishable and have a rather short best-before date, typically of 2–3 days from the day of manufacturing/cooking. Therefore, to increase their shelf life, they are now being deep-frozen.
This is why P&S Intelligence predicts significant growth for the frozen bakery market in the coming years. Freezing such products at between –18 to –40 degrees Celsius stops the growth of mold. Thereby preventing them from spoilage and raising their shelf life to up to 12 months. Moreover, deep-freezing helps maintain the nutrient content of bakery products for longer. Hence, with people becoming aware of a healthy life and focusing increasingly on improving their diet. The demand for frozen bakery items is rising.
Apart from breads, cakes, pizzas, pastries, and a huge array of other bakery products are being frozen. In recent years, frozen pizzas have gained widespread popularity as they are readily available at supermarkets and gas stations. These pizzas give people the convenience of taking them home, thawing them, and then simply baking them, thereby helping save the time consumed in making the crust and assembling the toppings. Thus, with people’s lives becoming increasingly busy, they are getting lesser and lesser time to cook a proper meal, in which regard frozen pizzas have become a real life-saver.
Apart from retail stores, frozen food items, most popularly pizzas, are also kept within vending machines. The hot pizza vending machines of Japan have become hugely popular in recent years. Because of the exorbitant rates for renting commercial real estate in Japan, such machines have become a good alternative to small and medium-sized convenience stores.