Global Beauty Drinks Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Ingredient Type (Vitamins & Minerals, Protein & Peptides, Antioxidants, Co-Enzymes And Others), Function (Anti-Aging, Detoxication, Radiance, Vitality And Others), Distribution Channel (Supermarket & Hypermarket, Specialty Stores, Online), And Region (North America, Europe, APAC, Latin America, Middle East And Africa) – Industry Analysis From 2024 To 2029

Updated On: January, 2024
ID: 1168
Pages: 175

Global Beauty Drinks Market Size (2024 to 2029)

The global beauty drinks market size was valued at USD 1.67 Billion in 2023.  The global market is expected to grow at a CAGR of 11.27% from 2024 to 2029 and be valued at USD 3.17 billion by 2029 from USD 1.86 billion in 2024.

Among all the ingestible and topical mix items inside the business, beauty drinks are ending up being an exceptionally agreeable choice, with a developing inclination for these items. Air poisons incorporate polycyclic hydrocarbons that, at last, outcomes in quick aging. Buyers look for reliable alternatives which inevitably bolsters the beauty drinks market over the globe. The significant explanations behind the expanded interest in beauty drinks incorporate expanding commonness of way of life maladies and individuals intentionally taking preventive healthcare measures. Likewise, the market for beauty drinks is overwhelmingly determined by the standard purchaser to move toward preventive skincare, with the expanding maturing populace in developed nations. Moreover, developed markets, similar to the United States and Europe, are finding the undiscovered portion of altered items dependent on health claims.

KEY MARKET TRENDS

Collagen items register as the biggest market section in the global beauty drinks market.

Collagen-based drinks are getting more demand in the beauty drinks market as they are protein-rich ingredients, which assume a significant job in skincare. They secure the skin and help in keeping up with energetic skin. Collagen-based items are highly sought after among the youthful populace for thinning and beauty purposes and older buyers for anti-aging impacts as they have an inclination to create low degrees of collagen. Asia-Pacific structures the biggest market for collagen-based beauty drinks, while the North American market is anticipated to enroll a remarkable CAGR because of the expanding mindfulness about the well-being and excellence advantages of collagen among the United States and Canadian shoppers.

MARKET DRIVERS

Magnificence-cognizant clients with a focus on ways of life are the essential end-clients of beauty drinks. With the expanding riotous ways of life of individuals around the globe, the number of individuals who are utilizing beauty drinks likewise continues developing. The maturing populace in the created nations of Europe and parts of Asia Pacific (Japan and South Korea) is going about as the main thrust for the development of the global beauty drinks market. The developing well-being cognizant shopper base, alongside high dispensable salaries in creating nations, is assumed to give new development openings during the forecast period.

MARKET RESTRAINTS

The beauty drinks market is exceptional and competitive, with market players ranging from huge MNCs like Nestle to little local organizations. Based on the utilization of various ingredients in beauty drinks, the accessibility of merchandise, bundling, and the expense of items have risen. To stay afloat in a severe market, organizations need to include generous interests in R&D exercises and adventure research center offices. This can go about as a limitation to the development of the Beauty Drinks showcase.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

11.27%

Segments Covered

By Ingredient Type, Function, Distribution Channel, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

SAPPE Public Company Limited, Shiseido Co. Ltd, Vital Proteins LLC, Kinohimitsu, Lacka Foods Limited, Gelita AG, Big Quark, Hangzhou Nutrition and Others.

 

SEGMENTAL ANALYSIS

Global Beauty Drinks Market By Ingredient Type

The antioxidants are presumed to account for a prominent share in the worldwide beauty drinks market due to the increasing demand for such products among consumers across the globe.

Global Beauty Drinks Market By Function

The anti-aging segment recorded the most substantial portion of the global beauty drinks market in the review period and is anticipated to continue its dominion in the coming years. The increasing adoption of anti-aging products in Asian countries has been the central propelling aspect of this segment boom.

Global Beauty Drinks Market By Distribution Channel

As of now, offline stores account for the outstanding revenue share in this business, which, however, is predicted to be overtaken by the online segment due to the increasing penetration of the internet and smartphones.

REGIONAL ANALYSIS

North America To Drive The Global Beauty Drinks Market

Health is becoming a lower priority among Americans because of the developing tumultuous work-life plan for the United States. This prompts a requirement for nutricosmetic items, similar to beauty drinks. Organizations are primarily focusing on purchasers who are 30 years or older, as they seem, by all accounts, to be increasingly concerned with respect to health and aging. The offer of beauty drinks in the nations of North America, particularly the United States, is foreseen to increment colossally because of expanding frequencies of skin issues, hair fall issues, and the impact of the style business. To catch this chance, the beauty drink organizations overwhelming the area, are progressing in the direction of augmenting its number of brands and expanding its arrangements.

KEY PLAYERS IN THE GLOBAL BEAUTY DRINKS MARKET

Companies playing a notable role in the global beauty drinks market include SAPPE Public Company Limited, Shiseido Co. Ltd, Vital Proteins LLC, Kinohimitsu, Lacka Foods Limited, Gelita AG, Big Quark, and Hangzhou Nutrition Biotechnology Co. Ltd. Around the world, Shiseido Company Limites accounted for the protruding portion of the beauty drinks business, followed by other players like SAPPE Public Company Limited and Vital Proteins Ltd. New products like Verisol by Gelita AG are improving the metabolism of skin with the addition of bioactive collagen peptides. In addition, several known firms in the beauty drinks market, like Big Quark, Kinohimitsu, Hangzhou Nutrition Biotechnology Co. Ltd, etc., are engaging in more product launches, partnerships, expansions, and innovations to increase their overall share in the global market.

RECENT HAPPENINGS IN THE MARKET

  • Glowelle, a mix of cancer prevention agent nutrients, phytonutrients, and natural plant products separated from Nestle, is explicitly intended to address the indications of aging by sustaining the skin and can be viewed as a pioneer in the nourishing beauty part. Nestle has likewise revealed its collagen espresso, naming it as a low-fat option in contrast to usual espresso with valuable consequences for the body. Private name brands, for example, Vitabiotics, have likewise propelled magnificence refreshments for skin and hair, containing hydrolyzed marine collagen, inositol, blackcurrant seed oil, and amino acids.
  • The expanding interest in beauty drinks has driven numerous enterprises, for example, Coca-Cola, to cooperate with players like Sanofi SA to dispatch a beauty drink, BeautificOenobiol.

DETAILED SEGMENTATION OF THE GLOBAL BEAUTY DRINKS MARKET INCLUDED IN THIS REPORT

This research report on the global beauty drinks market has been segmented and sub-segmented based on the following categories.

By Ingredient Type

  • Vitamins & minerals
  • Protein & peptides
  • Antioxidants
  • Co-enzymes

By Function

  • Anti-aging
  • Detoxication
  • Radiance
  • Vitality

By Distribution Channel

  • Supermarket & hypermarket
  • Specialty stores
  • Online

By Region

  • North America
    • The United States
    • Canada
  • Europe
    • United Kingdom
    • Spain
    • Germany
    • Italy
    • France
  • The Asia Pacific
    • India
    • Japan
    • China
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • New Zealand
    • Southeast Asia
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of LATAM
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Lebanon
    • Jordan
    • Cyprus
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Frequently Asked Questions

1. What are the key drivers driving the growth of the specialty food ingredients market?

Several factors contribute to the growth of this market, including increasing consumer demand for natural and clean-label products, rising awareness about health and wellness, the popularity of ethnic and gourmet cuisines, and advancements in food processing technologies.

2. What are the challenges faced by the specialty food ingredients market?

Challenges include the high cost of some specialty ingredients, regulatory complexities related to labeling and claims, sourcing sustainable and ethically produced ingredients, and addressing consumer concerns about allergens and food safety.

3. What are some emerging trends in the specialty food ingredients market?

Emerging trends include using alternative proteins such as insect proteins or lab-grown meats, developing plant-based alternatives for traditional dairy and meat products, innovations in natural food preservation techniques, and integrating digital technologies for traceability and quality assurance.

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