Collagen, Biotin, and Hyaluronic Acid Lead the Beauty Supplement Category
The beauty supplement industry has seen a significant rise in popularity over recent years, with collagen, biotin, and hyaluronic acid supplements leading the way. These three ingredients have become staples in the beauty routines of many individuals looking to improve the health and appearance of their skin, hair, and nails. In this report, we will explore the reasons behind the success of collagen, biotin, and hyaluronic acid supplements in the beauty industry.
Growing Demand for Beauty Supplements
The demand for beauty supplements has been steadily increasing, driven by consumers’ desire for natural and effective products that can help them achieve their beauty goals. Collagen, biotin, and hyaluronic acid have gained popularity due to their proven benefits for skin health, hair growth, and nail strength.
According to a report by Grand View Research, the global beauty supplements market size was valued at $3.56 billion in 2020 and is expected to reach $7.1 billion by 2027, with a compound annual growth rate (CAGR) of 9.1% during the forecast period. This growth can be attributed to the rising trend of holistic wellness, increased awareness about the importance of skincare, and the shift towards natural and organic beauty products.
Collagen: The Holy Grail of Beauty
Collagen is the most abundant protein in the body and plays a crucial role in maintaining skin elasticity, hair strength, and nail health. As we age, our body’s natural collagen production decreases, leading to wrinkles, sagging skin, and brittle nails. Collagen supplements have become increasingly popular for their anti-aging benefits and ability to improve skin hydration and elasticity.
According to a report by Zion Market Research, the global collagen market was valued at $3.71 billion in 2020 and is projected to reach $6.63 billion by 2028, with a CAGR of 8.1% during the forecast period. Collagen supplements come in various forms, including powders, capsules, and drinks, making it easy for consumers to incorporate them into their daily beauty routines.
Biotin: The Hair and Nail Savior
Biotin, also known as vitamin B7, is essential for healthy hair, skin, and nails. It promotes hair growth, strengthens nails, and improves the overall condition of the skin. Biotin supplements have gained popularity among individuals looking to improve the health and appearance of their hair and nails.
The global biotin market was valued at $290.5 million in 2020 and is projected to reach $389.8 million by 2028, with a CAGR of 3.8% during the forecast period. Biotin supplements are available in various forms, including capsules, gummies, and soft gels, making it convenient for consumers to incorporate them into their daily beauty routines.
Hyaluronic Acid: The Skin Hydrator
Hyaluronic acid is a natural substance found in the skin that helps maintain moisture levels and promote a plump, youthful complexion. Hyaluronic acid supplements are known for their ability to hydrate the skin, reduce the appearance of fine lines and wrinkles, and improve overall skin texture.
The global hyaluronic acid market was valued at $1.6 billion in 2020 and is expected to reach $3.1 billion by 2028, with a CAGR of 8.5% during the forecast period. Hyaluronic acid supplements are available in various forms, including capsules, serums, and creams, making it easy for consumers to incorporate them into their skincare routines.
In conclusion, collagen, biotin, and hyaluronic acid supplements have emerged as the top contenders in the beauty supplement category, thanks to their proven benefits for skin, hair, and nails. As the demand for natural and effective beauty products continues to rise, these ingredients are likely to remain popular choices among consumers looking to enhance their beauty from within.
