As stated by P&S Intelligence in one of its reports, the skin health foods market was sized USD 2,048.3 million in 2022, and it will reach USD 3,438.9 million by 2030, growing at a compound annual growth rate of 6.7% in the years to come.
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Functional food producers are emphasizing on the fast-growing requirement for probiotics, prebiotics, plant extracts, minerals, vitamins, phytochemicals, and omega-3 and, therefore, investing in this industry.
Functional drinks, nourishment bars and functional confectioneries for kids, including toffees and candies, are all developed by producers for appealing to consumers searching for immediate nutrition, in addition to gym aficionados.
The largest share of about 55% was held by the skin conditions in the industry in the recent past.
Moreover, in the near future, the growth will be powered by the increasing consumption of numerous nutrients, such as vitamins, macronutrients, minerals, small peptides, and micronutrients, working together for maintaining the barrier functions that alter the skin structure and directly affect its appearance.
Additionally, in the years to come, the requirement for foods promoting anti-aging activity will advance with a rate of in excess of 8%, because of the increasing requirement for antioxidants and dietary minerals.
Edibles containing anti-aging nutrients include walnuts, salmon, green leafy vegetables, broccoli, blueberries, guavas, gooseberries, cucumbers, avocados, tomatoes, water, dark chocolate, pomegranates, and juices.
Adults will to dominate the skin health foods market, with a share of about 60%, in the years to come. This is due to the larger adult population than that of ageing people globally.
Furthermore, there has been extraordinary interest amongst young adults and middle-aged people in preserving their looks, as it increases their self-confidence.
Hence, individuals, these days, are becoming progressively self-cognizant of the way they look, because of which they are investing in products giving them a bright, healthy, lithe, and taut appearance.
APAC will increase at the highest growth rate, of about 10%, in the years to come. This can be accredited to the surge in the research and development spending by numerous foreign and local businesses manufacturing functional foods, the increasing gross domestic products in numerous APAC countries, and the snowballing interest of patients with enduring epidermis problems of hypersensitivity in these edible items.
Basically, the requirement for these products has improved in the region as a consequence of the increasing knowledge of the health recompences of functional foods.
The speedy economic growth in India and China, along with their growing middle-class population, spending considerable money on nutritive supplements and nourishing meals, will similarly help the market growth in the future.
Due to the high prevalence of skin allergies all over the world, the demand for skin health foods will continue to rise in the future.
