Beauty Drinks Market
The beauty drinks sector is capturing increasing attention as consumers become more interested in products that support skin health and overall wellness through nutrition. With advancements in formulations and marketing, this industry is set to achieve remarkable growth in the coming years. Let’s explore the market size, key players, driving trends, and segmentation within this expanding field.
Projected Expansion of the Beauty Drinks Market by 2030
The beauty drinks industry is poised for substantial growth, expected to reach a market size of $6.53 billion by 2030. This expansion reflects a compound annual growth rate (CAGR) of 11.6%. Several factors contribute to this upward trajectory, including a surge in demand for personalized nutrition, the rise of direct-to-consumer beauty brands, and wider acceptance of scientifically validated beauty benefits. Additionally, growth in online beauty retail platforms and continuous innovation in functional beverage formulas are propelling the market forward. Key trends anticipated to influence this sector include increasing consumer interest in collagen-based drinks, the growing popularity of functional and nutraceutical beverages, more frequent use of antioxidant-rich ingredients, expansion of personalized nutrition offerings, and a heightened emphasis on skin health and anti-aging effects.
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Leading Companies Active in the Beauty Drinks Market
The beauty drinks market features a range of prominent companies that are shaping its development. Some of the major players include Nestle SE, Danone S.A., Asahi Group Holdings, Hangzhou Wahaha Group, Kao Corporation, Amway, Shiseido Co. Ltd., Kino Biotech Pte Ltd., Dr. Ci:Labo Co. Ltd., Sappe Public Company Ltd., Skinade, DyDo Drinco Inc., My Beauty & GO, Suntory Holdings, PepsiCo, The Coca-Cola Company, Hain Celestial Group, AMC Group Alimentacion Fresco y Zumos SA, Fonterra Co-operative Group Limited, and Suja Life.
A notable move in the market occurred in April 2024 when Vector Consumer Limited, a UK-based consumer healthcare firm, acquired Dose & Co from ZURU Edge for an undisclosed sum. This acquisition aims to broaden Vector Consumer’s collagen supplement range and utilize its Asian market experience to boost Dose & Co’s presence across the region. Dose & Co, a wellness brand from New Zealand, offers collagen powder supplements including Pure Collagen Peptides Powder, Beauty Collagen, Marine Collagen Peptides Powder, and collagen creamer.
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Emerging Trends Influencing the Beauty Drinks Market
Innovative product development is a key focus for companies aiming to meet evolving consumer preferences. One such innovation is aloe-based beauty drinks, which are gaining traction due to their skin-protecting and anti-aging properties. Aloe-based drinks are derived from the gel of the aloe vera plant, celebrated for its health benefits and pleasant flavor.
In September 2023, L’BRI PURE & NATURAL, a US-based skincare and beauty brand, introduced a new product called Aloe + Collagen Super Beauty Drink Mix. This berry-flavored beverage contains Aloe Vera Barbadensis Miller, known to hydrate skin, stimulate collagen production, and provide essential vitamins to the body. This drink mix complements L’BRI’s broader range of aloe-based skincare and body care products designed to support healthier, more youthful skin.
Detailed Segment Overview of the Beauty Drinks Market
This report breaks down the beauty drinks market into several important segments:
1) By Type: Vitamins and Minerals, Collagen, Carotenoids, and Other Types
2) By Function: Anti-Aging, Detoxification, Radiance, Vitality, and other functions
3) By Distribution Channel: Grocery Retailers, Beauty Specialty Stores, Drug Stores and Pharmacies, and Other Distribution Channels
Further subcategories include:
– Vitamins and Minerals: Vitamin C, Vitamin E, B Vitamins, and Minerals
– Collagen Types: Hydrolyzed Collagen, Marine Collagen, and Bovine Collagen
– Carotenoids: Beta-Carotene, Lutein, and Astaxanthin
– Other Types: Antioxidant-Rich Drinks, Herbal Infusions, and Hyaluronic Acid-based products
These segments highlight the diversity of ingredients, benefits, and sales channels that define the evolving beauty drinks market.
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This release was published on openPR.
