Written by Nitin Sharma » Updated on: October 28th, 2024
Summary:
• The global beauty drinks market size reached USD 1.8 Billion in 2023.
• The market is expected to reach USD 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 9.8% during 2024-2032.
• Region-wise, the market has been segmented into North America (United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
• Based on the type, the market has been bifurcated into natural drinks and artificial drinks.
• Based on the ingredients, the market has been segmented into collagen proteins, vitamins and minerals, fruit extracts, and others.
• On the basis of function, the market has been classified into anti-ageing, detoxication, radiance, vitality, and others.
• Based on the distribution channel, the market has been divided into grocery retailers, beauty specialty stores, drug stores and pharmacies, and others.
• The rising consciousness about aging among consumers is a primary driver of the beauty drinks market.
• The increasing popularity of holistic beauty solutions is reshaping the beauty drinks market.
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Industry Trends and Drivers:
• Increasing Demand for Anti-Aging Solutions:
The rising demand for anti-aging solutions, as people become more conscious about aging and its effects on their appearance, is creating a positive outlook for the market.
Moreover, the increasing utilization of beauty drinks infused with collagen, vitamins, and antioxidants as an easy and non-invasive solution to delay the visible signs of aging is bolstering the market growth. Besides this, the growing awareness of skincare routines and the effectiveness of beauty-enhancing products among middle-aged consumers is positively impacting the market growth.
In addition to this, rapid advancements in anti-aging research that make it easier for companies to formulate drinks that target skin hydration, elasticity, and repair are boosting the market growth.
• Rising Popularity of Holistic Beauty Trends:
The increasing popularity of holistic beauty trends that prioritize overall well-being is anticipated to drive the market growth.
Moreover, the rising inclination towards beauty products that integrate wellness benefits into their daily routines is acting as a growth-inducing factor. Besides this, the rising acceptance of beauty drinks, which promise to improve skin and enhance general health, is bolstering the market growth.
In addition to this, the inclusion of ingredients like probiotics, biotin, and herbal extracts in beauty drinks that are marketed as multi-functional products to address inner health and outer beauty is providing a considerable boost to the market growth.
• Growing Consumer Awareness of Nutraceuticals:
The growing awareness of nutraceuticals is another key factor driving the market growth.
Moreover, the heightened formulation of beauty drinks with ingredients that promote skin health, hair growth, and nail strength is fostering the market growth. Besides this, the increasing knowledge among consumers about the advantages of consuming products rich in vitamins, minerals, and antioxidants, leading to a greater acceptance of nutraceuticals like beauty drinks, is anticipated to drive the market growth.
Along with this, the rising focus on research that highlights the potential benefits of ingestible beauty products, prompting consumers to shift towards dietary supplements in the form of beverages, is enhancing the market growth.
Beauty Drinks Market Report Segmentation:
Breakup By Type:
• Natural Drinks
• Artificial Drinks
Based on the type, the market has been bifurcated into natural drinks and artificial drinks.
Breakup By Ingredients:
• Collagen Proteins
• Vitamins and Minerals
• Fruit Extracts
• Others
Based on the ingredients, the market has been segmented into collagen proteins, vitamins and minerals, fruit extracts, and others.
Breakup By Function:
• Anti-Ageing
• Detoxication
• Radiance
• Vitality
• Others
On the basis of function, the market has been classified into anti-ageing, detoxication, radiance, vitality, and others.
Breakup By Distribution Channel:
• Grocery Retailers
• Beauty Specialty Stores
• Drug Stores and Pharmacies
• Others
Based on the distribution channel, the market has been divided into grocery retailers, beauty specialty stores, drug stores and pharmacies, and others.
Breakup By Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Region-wise, the market has been segmented into North America (United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
Top Beauty Drinks Market Leaders:
The beauty drinks market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
• Asterism Healthcare Plus Inc.
• DECIEM The Abnormal Beauty Company
• Hangzhou Nutrition Biotechnology Co. Ltd.
• Kino Biotech
• Lacka Foods Limited
• Sappe Public Company Limited
• Shiseido Company Limited
• Skinade.com (Bottled Science Ltd.)
• The Coca-Cola Company
• Vital Proteins LLC
• (Nestlé Health Science)
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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