According to a research report "Skin Health Foods Market by Indication (Skin Conditions, Anti-Aging, Anti-Allergy), Region (North America, Europe, Asia Pacific, Rest of the World), Regulatory Landscape, Pricing Analysis, COVID-19 Impact - Global Forecast to 2026" published by MarketsandMarkets, the global skin health foods (dermatology functional foods) market is projected to reach USD 2,651.5 million by 2026 at a GAGR of 6.6% from USD 1,929.5 million in 2021, during the forecast period. The major growth drivers for this market are the growth in health awareness among consumers, increasing R&D and production capacity for functional food and beverage products, increasing consumption of nutrient-enriched foods to improve overall health, and high incidence of allergic diseases. However, the expected restrain to the growth of this market during the forecast period are the higher cost of functional food products due to the inclusion of healthier or naturally sourced ingredients and increasing incidence of allergies and intolerance related to some functional ingredients. The base year considered for the study is 2020, while, the forecast period is 2021 to 2026.
Browse 48 market data Tables and 30 Figures spread through 125 Pages and in-depth TOC on "Skin Health/ Dermatology Functional Foods Market by Indication (Skin Conditions, Anti-Aging, Anti-Allergy), Region (North America, Europe, Asia Pacific, Rest of the World), Regulatory Landscape, Pricing Analysis, COVID-19 Impact - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/skin-health-dermatology-functional-foods-market-200484719.html
By indication, the skin conditions segment accounted for the largest share of the skin health foods market in 2020.
On the basis of indication, the skin conditions segment accounted for the largest share. Nutritional factors namely, small peptides, minerals, vitamins, macronutrients, and micronutrients work together to maintain skin barrier functions, changes in nutritional status that alter skin structure and function can directly affect skin appearance and the increasing awareness of consumers with respect to nutraceuticals and functional foods, are expected to mainly drive the market growth for this skin conditions segment.
North America dominated the skin health foods market in 2020
North America accounted for the largest share of the skin health foods market in 2020, followed by Europe and Asia Pacific. The rising awareness of the benefits of functional foods in improving skin health, is responsible for the large share of North America in the skin health foods market.
Some of the prominent players in this market are BASF SE (Germany), Archer Daniels Midland Company (US), DuPont (US), Cargill, Incorporated (US), Danone SA (France), Arla Foods (Denmark), Nestle SA (Switzerland), Koninklijke DSM N.V. (Netherlands), Glanbia PLC (Ireland), Herbalife Nutrition Ltd. (US) and Amway (US).
Don’t miss out on business opportunities in Skin Health/ Dermatology Functional Foods Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441