Canada Skin Care Supplements Market Size & Outlook
Canada skin care supplements market, 2018-2030 (US$M)
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Canada skin care supplements market highlights
- The Canada skin care supplements market generated a revenue of USD 118.5 million in 2023 and is expected to reach USD 202.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, oral supplements was the largest revenue generating product in 2023.
- Topical Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Skin care supplements market data book summary
| Market revenue in 2023 | USD 118.5 million |
| Market revenue in 2030 | USD 202.1 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Oral supplements |
| Fastest growing segment | Topical Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral Supplements, Topical Supplements |
| Key market players worldwide | Alticor Corporate Enterprises, Nestle SA, Meiji Holdings Co Ltd, Unilever PLC, Johnson & Johnson, THG PLC Ordinary Share, Twinlab Consolidated Holdings Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global skin care supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. skin care supplements market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 202.1 million by 2030.
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Skin Care Supplements Market Scope
Skin Care Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada skin care supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to skin care supplements market will help companies and investors design strategic landscapes.
Oral supplements was the largest segment with a revenue share of 61.69% in 2023. Horizon Databook has segmented the Canada skin care supplements market based on oral supplements, topical supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The competition is expected to increase significantly due to the lucrative nature of the market and increasing skin care product launches across the country. Various companies are expanding their presence in the country. For instance, in August 2021, Moon Juice was introduced at Sephora Canada, making its holistic skin care and supplements available across Canada for people interested in beauty & wellness.
In addition, this initiative is the retailer’s first ingestible supplements in Canada. Hence, the increasing interest of key players is anticipated to boost the rivalry in the market. Furthermore, the companies operating in other regions have started focusing on the Canada’s market.
Some companies are expanding their presence in the country by launching their products. For instance, in April 2020, Olly, a subsidiary of Unilever, expanded its supplementation products to the Canada market. The company provides skin care supplements under its OLLY UNDENIABLE BEAUTY brand. Such expansions are anticipated to propel market competition in the country.
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Our clientele includes a mix of skin care supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada skin care supplements market , including forecasts for subscribers. This country databook contains high-level insights into Canada skin care supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada skin care supplements market size, by product, 2018-2030 (US$M)
Canada Skin Care Supplements Market Outlook Share, 2023 & 2030 (US$M)
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