Market Size of North America Nutricosmetics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.85 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Nutricosmetics Market Analysis
The North American nutricosmetics market is anticipated to witness a CAGR of 8.85% during the forecast period (2020-2025).
- Increasing healthcare costs, obesity, aging population, and chronic health conditions are the key factors driving the sales of nutricosmetics products.
- The shift of the consumers toward healthier consumption habits, like veganism and organic foods, is promoting the use of naturally-developed nutricosmetics in the region.
- However, American consumers are generally less health-conscious than their counterparts from the other developed countries. Thus, due to the lack of sales through streamlined distribution channels like pharmacies, many companies have witnessed minimal success in the market and have reconsidered the existence of their products.
