Skin Health Foods Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)

Skin Health Foods Market Size

Skin Health Foods Market Trends & Drivers

Expansion in Research & Development and Production Capacity To Drive Sales Growth

Globally, functional food producers are paying close attention to the quickly expanding demand for ingredients such prebiotics, probiotics, vitamins, minerals, phytochemicals, plant extracts, and omega-3 and, thus, investing significantly in this industry. Nourishment bars, functional drinks, and functional confectioneries for kids, such as candies and toffees, are all being developed by producers to appeal to consumers searching for instant nutrition, as well as gym aficionados.

As consumers become more conscious of their digestive wellbeing, probiotic product offerings are evolving. Researchers are concentrating on creating prebiotics and probiotics for various purposes, as they are two emerging functional food ingredient sectors. A probiotic-infused beer developed by researchers from the National University of Singapore is claimed to be beneficial for the gut and, in turn, for the skin.

Natural carotenoids are a more-popular research subject than synthetic ones because of their superior quality and potency. However, the methods used to naturally produce these nutrients are inefficient and prone to contamination. In addition, natural carotenoids, such as lycopene and beta-carotene, are much costlier than synthetic ones due to the high expenses entailed in their production. The creation of innovative techniques to increase the variety of natural carotenoids and decrease their purchase prices will, therefore, create a number of opportunities for the players.

Skin Health Foods Market Analysis

Skin Conditions Category To Maintain Its Dominance in Indication Segment

Under the indication segment, in 2022, the industry was dominated by skin conditions, with around 55% revenue share, globally. Moreover, during the projection period, the growth of this category is set to be driven by the rising intake of a number of nutrients, including minerals, vitamins, small peptides, macronutrients, and micronutrients, which work together to maintain the barrier functions that alter the structure of the skin and directly affect its appearance.

Moreover, over the next several years, the demand for foods that promote anti-aging activity is predicted to advance with a CAGR of more than 8%, due to the increasing demand for dietary minerals and antioxidants. Edibles that contain anti-aging nutrients include walnuts, salmon, green leafy vegetables, broccoli, blueberries, gooseberries, guavas, tomatoes, cucumbers, avocados, pomegranates, water, dark chocolate, and juices.

People, nowadays, favor healthy and organic solutions over cosmetics, in order to improve their looks. This is because no side-effects are associated with the use of organic products, which will likely propel the growth of the industry.

Significant Consumption of Fatty Fish and Walnuts due to High Presence of Fatty Acids

Fatty acids have innumerable benefits, which is why they are now being increasingly used in the skincare and beauty industry. Fatty fish and walnuts have a high concentration of these acids. These items were initially consumed by athletes and gym fanatics as sports food, as they are a rich source of such good acids and provide considerable energy. Today, because of the growing awareness about these edible items, they are gradually being used for skin wellness as well.

Salmon, herring, and mackerel are all good sources of omega-3 fatty acids, which help maintain a healthy, thick, supple epidermis. On the other hand, an omega-3 deficiency can result in dryness.

Furthermore, since inflammation can result in acne and redness, the omega-3 fats in fish help alleviate it. They may even make the skin less sensitive to the sun’s UV rays. According to some research studies, fish oil supplements may also aid in the treatment of inflammatory and autoimmune disorders, such as psoriasis and lupus.

Fatty fish are also rich in vitamin E, an extremely critical antioxidant. Adequate vitamin E intake is crucial for protecting the epidermis from inflammation and free radical damage. Additionally, this kind of seafood has high-quality proteins, which makes it essential for preserving dermal elasticity and strength.

Similarly, walnuts consist of a good proportion of both omega-3 and omega-6 fatty acids. In fact, they contain more of these nutrients than the majority of other nuts. A higher quantity of the latter may even result in inflammation, while the former aids in decreasing it. Thus, walnuts are a good food choice to promote and maintain looks, by providing a youthful glow.

Adults Category To Lead in Consumer Type Segment

Based on consumer type, adults are expected to dominate the market, with a share of around 60%, during the estimation time frame. This is because of the larger population of adults than that of elderly people around the world. As per the World Bank, elderly people accounted for 10%, whereas adults made up 65% of the overall population in 2021. In addition to that, there has been remarkable interest among young adults and middle-aged people in maintaining their looks, as it boosts their self-confidence. Hence, people, nowadays, are becoming increasingly self-conscious of the way they look, due to which they are investing in products that give them a healthy, bright, supple, and taut appearance.

Regional Analysis

Asia-Pacific To Exhibit Fastest Growth during Prediction Period

Regional analysis suggests that Asia-Pacific will expand at the highest CAGR, of around 10%, over the prediction period. This can be credited to the surge in the R&D spending by a large number of local and foreign businesses producing functional foods, the rising GDP in various APAC nations, and the increasing interest of patients with chronic epidermis hypersensitivity problems in these edible items. Essentially, the demand for these products has increased in the region as a result of the growing knowledge of the health advantages of functional foods.

The rapid economic growth in developing countries, such as India and China, as well as their growing middle-class populations, which spend significant money on nutritional supplements and nourishing meals, will also help the regional market flourish throughout the projection period.

Market Breakdown

This fully customizable report gives a detailed analysis of the skin health foods industry from 2019 to 2030, based on all the relevant segments and geographies.

Based on Source

• Fatty Fish
• Avocados
• Walnuts
• Sunflower Seeds
• Sweet Potatoes
• Red or Yellow Bell Peppers
• Broccoli
• Tomatoes
• Soy
• Dark Chocolate
• Green Tea
• Red Grapes

Based on Indication

• Skin Conditions
• Anti-Aging
• Anti-Allergy

Based on Consumer Type

• Adults
• Aged People
• Others

Based on Distribution Channel

• Direct
• Indirect
  • Supermarkets/hypermarkets
  • Wellness centers
  • Dermatology centers
  • E-commerce

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
• Asia-Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • U.A.E.

Top Skin Health Foods Companies

Skin Health Foods Market News

Strategies Implemented by Top Players to Gain Competitive Edge

In order to establish themselves in the industry and gain a considerable share, the top players have implemented certain strategies. Many are partnering and launching new products constantly, to gain an upper hand over their rivals.

• SimpliiGood, an Israeli food-tech startup run by Algaecore Technologies, and IFF-DuPont teamed up in April 2022 to create a smoked salmon substitute solely from whole, fresh spirulina. The plant-based protein source is intended to mimic the color, flavor, texture, and look of smoked salmon, while preventing the ingestion of the harmful ocean contaminants that live fish are frequently exposed to. These include fossil fuels, mercury, and industrial waste.
• In June 2022, Royal DSM announced that it has started the customer sampling of its bio-based vitamin A.