Mexico Skin Care Supplements Market Size & Outlook
Mexico skin care supplements market, 2018-2030 (US$M)
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Mexico skin care supplements market highlights
- The Mexico skin care supplements market generated a revenue of USD 24.6 million in 2023 and is expected to reach USD 34.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5% 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 24.6 million |
| Market revenue in 2030 | USD 34.7 million |
| Growth rate | 5% (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, Mexico accounted for 0.7% 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 Latin America, Brazil skin care supplements market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 72.6 million by 2030.
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Skin Care Supplements Market Scope
Skin Care Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 61.79% in 2023. Horizon Databook has segmented the Mexico skin care supplements market based on oral supplements, topical supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The skin care supplements market in Mexico is expected to witness notable growth driven by the growing awareness about the importance of maintaining healthy & glowing skin, addressing nutritional deficiencies, and the rising prevalence of skin-related problems.
Moreover, the increasing geriatric population and surging skin issues are expected to increase the demand for antiaging skin supplements. According to the World Bank statistics, around 10,612,344 people in Mexico are 65 years old or above in 2022.
These statistics highlight the increasing need for antiaging supplements in the country, driving the market competition. Moreover, the companies in the market provide various skin care supplementation products, including topical and oral.
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Target buyers of Mexico skin care supplements market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico skin care supplements market , including forecasts for subscribers. This country databook contains high-level insights into Mexico skin care supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico skin care supplements market size, by product, 2018-2030 (US$M)
Mexico Skin Care Supplements Market Outlook Share, 2023 & 2030 (US$M)
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