Anti-Aging Nutraceutical Ingredients Market: Overview
Nutraceutical ingredients obtained from oral dietary components derived from have been associated with medical and health benefits. Over the past decades, those ingredients have shown vast potential in anti-aging effect by impeding or delay degradation of skin cells. For instance, these factors cause degradation of collagen and elastic fibers, leading to aging. Numerical internal and external factors are responsible for the degradation: biologic progression of cells, tobacco, nutritional deficiencies, hormonal imbalances, and ultraviolet (UV) radiation. The use of nutraceutical ingredients has helped prevent skin roughness, skin elasticity and wrinkling, and pigmentation change, all of which leads to aging. The strides made in skin care has substantially expanded the avenues in the anti-aging nutraceutical ingredients market.
Anti-Aging Nutraceutical Ingredients Market: Key Trends
Some of the key nutraceutical ingredients extensively being researched are amino acids, carotenoids (β-Carotene, lutein and zeaxanthin, and lycopene); fatty acids, minerals, polyphenols, and Epigallocatechin Gallate (Egcg).
The report on the anti-aging nutraceutical ingredients market offers the key growth dynamics, share and size of various key segments, imminent investment avenues, and factors shaping the competitive dynamics. The analysts aim to offer a critical as well as a comprehensive insight into the impact of major clinical studies. They also intend to present reviews on new product developments and promising avenues that will define the winning imperatives.
The key drive for the anti-aging nutraceutical ingredients market is rapidly aging populations and growing proclivity of the use of skin care products. Brands are keen on expanding the packaging information to raise the awareness about the benefits of these in preventing aging, thus increasing the attractiveness quotient. Fruit-based formulations are gathering notable traction in the anti-aging nutraceutical ingredients market.
Anti-Aging Nutraceutical Ingredients Market: Competitive Analysis and Key Developments
Industry players have ramped up their research investments to expand the understanding of mechanism of action, efficacy, and toxicity profile of popular nutraceuticals. A growing body of research has been instrumental in expanding the possibilities in the anti-aging nutraceutical ingredients market. Aloe Sterol are expected to open vast possibilities, and presently research on the role of this in preventing degradation in collagen and elastin are insufficient. In coming years, new spate of studies might unlock new expansion avenues in the anti-aging nutraceutical ingredients market. One key factor why this might see a surge in industry interest is their potential effect in increasing hyaluronic acid in dermal fibroblasts. Another area which might see rise in research is Serenoa repens (saw palmetto).
Some of the key players in the anti-aging nutraceutical ingredients market are Robanda International, Pfizer Incorporated, Novartis International AG, Merck & Company Incorporated, General Nutrition Centers Inc, General Nutrition Centers Inc, Johnson & Johnson, Procter & Gamble, Clarins, F. Hoffmann-La Roche Ltd, Chanel SA, Unilever PLC, Bayer Schering Pharma AG, Avon Products Inc, Allergan Inc, and Alberto Culver Company.
Anti-Aging Nutraceutical Ingredients Market: Regional Assessment
Some of the key regional segments in anti-aging nutraceutical ingredients market are North America, Europe, and Asia Pacific. High awareness about the role of ingredients in antiaging formulations in North America is expected to spur new avenues. Asia Pacific is expected to be rapidly emerging market. The growth is propelled by the rising per capital income of some emerging economies. Growing inclination of naturally sourced ingredients in skin care products is boosting the growth avenues in the market. Worldwide, countries which are expected to see burgeoning aging populations might be hotspot of opportunities. Some of the key country markets are Brazil, Russia, China, South Korea, Mexico and India. China might see spate of investment by skin care brands in adopting anti-aging formulations.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.