Germany Skin Care Supplements Market Size & Outlook
Germany skin care supplements market, 2018-2030 (US$M)
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Germany skin care supplements market highlights
- The Germany skin care supplements market generated a revenue of USD 271.2 million in 2023 and is expected to reach USD 485.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.7% 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 271.2 million |
| Market revenue in 2030 | USD 485.9 million |
| Growth rate | 8.7% (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, Germany accounted for 7.6% 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 Europe, Germany skin care supplements market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 353.8 million by 2030.
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Skin Care Supplements Market Scope
Skin Care Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 65.86% in 2023. Horizon Databook has segmented the Germany skin care supplements market based on oral supplements, topical supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The market is competitive with the presence of established players and new entrants. Some of the key players in the market are Imidine, Murad, and other local & international brands. Moreover, some companies the market are introducing new products to expand its portfolio and market presence.
For instance, in March 2023, Symrise, a Germany-based company, introduced a line of bioactive for skin brightening and antiaging. Moreover, companies like MANN & SCHRODER and Evonik offer personal care & cosmetics products, which are expected to boost the market.
Furthermore, Evonik started ceramide production in Germany, in November 2022, to bolster its presence in the market. The increasing focus of participants on skin care supplements is anticipated to boost the competition in the market.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany skin care supplements market , including forecasts for subscribers. This country databook contains high-level insights into Germany skin care supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany skin care supplements market size, by product, 2018-2030 (US$M)
Germany Skin Care Supplements Market Outlook Share, 2023 & 2030 (US$M)
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