Skin Care Supplements Market To Reach $6.05 Billion By 2030

March 2024 | Report Format: Electronic (PDF)

Skin Care Supplements Market Growth & Trends

The global skin care supplements market size is expected to reach USD 6.05 billion by 2030, registering a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 7.9% over the forecast period. Factors such as the increasing adoption of herbal or natural ingredients and growing launches of complexion care products are projected to drive the global market for skincare supplements. In addition, increasing competition due to growing customer demand and the rising focus of industry participants to manufacture quality supplements is another crucial aspect boosting market demand.

The increasing number of product launches from various companies is the major market-driving factor. For instance, in August 2023, Clearstem launched a skin supplement for acne prevention named MINDBODYSKIN 2. The supplement helps reduce acne for people using antidepressants. The growing competition in the market and tailored product offerings are expected to support market growth. The industry competition is rising due to the increasing emphasis of major beauty players on supplementation products. For instance, in June 2020, L’Oréal agreed to acquire the U.S.-based skincare company Thayers Natural Remedies, a brand of Henry Thayer Company. The brand offers various products for skin care, including blemish-clearing and a radiance-boosting collection.

Moreover, the rising incidence of dermis and complexion problems due to increasing pollution levels and busy lifestyles is also anticipated to boost the supplementation market for skincare products. Various studies and research projects are being published, focusing on the impact of pollution on skin. For instance, in January 2021, the National Library of Medicine published a study emphasizing the relationship between air pollution and skin disorders. Such studies help increase awareness about dermis diseases among consumers, consequently boosting the demand for complexion products. These aforementioned factors are expected to contribute to the industry’s growth over the forecast period.

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Skin Care Supplements Market Report Highlights

  • Oral supplements dominated the market in 2023 with a revenue share of 63.5%, which can be attributed to the presence of numerous oral supplements targeting various skin conditions

  • In terms of the content type, the chemical segment was the largest revenue contributor for the industry, with a share of 76.1%. In contrast, the organic segment is expected to grow at the fastest rate due to rising awareness about plant-based and herbal products

  • In the formulation segment, tablets & capsules dominated the industry with a revenue share of 52.2% in 2023. The higher revenue share is attributed to the growing popularity of effervescent tablet formulations

  • The offline distribution channel segment dominated the global skincare supplements industry with a share of 70.1% in 2023. In contrast, the online segment is projected to register the highest growth rate during the projected period

  • The female end-use segment contributed to the largest revenue share in 2023 due to the growing product launches catering to the demand of females. On the other hand, the male segment is projected to witness the fastest growth over the forecast period, which can be attributed to the increasing focus of men on their wellness and skincare

  • In terms of application, the skin aging segment led the market with a revenue share of 29.8% in 2023. In contrast, the skin hydration segment is anticipated to exhibit the fastest growth rate over the forecast period, owing to the availability of numerous products for skin hydration

  • Asia Pacific dominated the global industry in 2023 with a revenue share of 46.70%, owing to the rising incidences of skin aging problems among older people in the region

Skin Care Supplements Market Segmentation

Grand View Research has segmented the global skin care supplements market based on product type, content type, formulation, application, gender, distribution channel, and region:

Skin Care Supplements Product Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Oral Supplements

  • Topical Supplements

Skin Care Supplements Content Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Organic

  • Chemical

Skin Care Supplements Formulation Outlook (Revenue, USD Billion, 2018 - 2030)

  • Tablets & Capsules

  • Powder

  • Liquid

  • Others

Skin Care Supplements Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Skin Aging

  • Skin Hydration

  • Acne & Blemishes

  • Skin Brightening

  • Others

Skin Care Supplements Gender Outlook (Revenue, USD Billion, 2018 - 2030)

  • Female

  • Male

Skin Care Supplements Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

  • Online

    • E-commerce

    • Company Website

  • Offline

    • Pharmacies

    • Supermarkets

    • Others

Skin Care Supplements Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Sweden

    • Denmark

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • UAE

    • Saudi Arabia

    • Kuwait

List Of Key Players Skin Care Supplements Market

  • Amway

  • Hum Nutrition, Inc.

  • Nestle

  • Meiji Holdings Co., Ltd.

  • Plix The Plant Fix

  • Unilever (Murad LLC)

  • Johnson & Johnson Services, Inc (Neutrogena)

  • Perricone MD

  • TCH, Inc (Researveage )

  • Vitabiotics Ltd.

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