Product Code: ETC8846970 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nutricosmetics, or beauty supplements, are gaining popularity in the Philippines as consumers seek holistic approaches to skincare and wellness. Products enriched with collagen, antioxidants, and vitamins are in high demand. The market is driven by an increasing focus on beauty from within, leading to a rise in supplement consumption alongside traditional skincare products.
The growing consumer preference for beauty-from-within solutions is fueling the expansion of the nutricosmetics market in the Philippines. Products that combine nutritional benefits with skincare and haircare support are gaining popularity, driven by increasing awareness of holistic wellness. The demand for collagen supplements, vitamins, and botanical extracts for skin and hair health is rising, particularly among young and middle-aged consumers. The influence of social media, celebrity endorsements, and the expansion of online retail channels are also contributing to market growth.
The nutricosmetics market in the Philippines struggles with consumer skepticism and competition from traditional beauty products. Many consumers are unfamiliar with the concept of beauty supplements, leading to slow adoption rates. Additionally, regulatory approvals for nutricosmetic products take time, delaying market entry for new brands. The high cost of ingredients and formulation challenges further impact the affordability and availability of these products.
The convergence of nutrition and beauty has led to the rise of the nutricosmetics market in the Philippines. Investors can capitalize on the increasing demand for beauty-enhancing supplements, including collagen-based products, skin-rejuvenating vitamins, and hair-strengthening nutraceuticals. Opportunities exist in formulating and marketing science-backed products that cater to consumers looking for holistic skincare solutions. The expansion of e-commerce and beauty retail networks further enhances investment prospects in this industry.
The nutricosmetics market in the Philippines is supported by government policies that encourage the development and growth of beauty and wellness products derived from nutraceuticals. The Department of Health (DOH) and the Food and Drug Administration (FDA) regulate the ingredients used in nutricosmetic products, ensuring they are safe for consumption and effective in improving skin, hair, and overall beauty. The government also promotes the export of locally manufactured nutricosmetics, providing incentives for companies that align with international cosmetic standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Nutricosmetics Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Nutricosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Nutricosmetics Market - Industry Life Cycle |
3.4 Philippines Nutricosmetics Market - Porter's Five Forces |
3.5 Philippines Nutricosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Nutricosmetics Market Revenues & Volume Share, By Primary Function, 2021 & 2031F |
3.7 Philippines Nutricosmetics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Nutricosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Nutricosmetics Market Trends |
6 Philippines Nutricosmetics Market, By Types |
6.1 Philippines Nutricosmetics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Nutricosmetics Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Nutricosmetics Market Revenues & Volume, By Supplements, 2021- 2031F |
6.1.4 Philippines Nutricosmetics Market Revenues & Volume, By Beauty Beverages/Drinks, 2021- 2031F |
6.2 Philippines Nutricosmetics Market, By Primary Function |
6.2.1 Overview and Analysis |
6.2.2 Philippines Nutricosmetics Market Revenues & Volume, By Skin Care, 2021- 2031F |
6.2.3 Philippines Nutricosmetics Market Revenues & Volume, By Hair and Nail Care, 2021- 2031F |
6.2.4 Philippines Nutricosmetics Market Revenues & Volume, By Weight Management, 2021- 2031F |
6.3 Philippines Nutricosmetics Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Nutricosmetics Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Philippines Nutricosmetics Market Revenues & Volume, By Offline, 2021- 2031F |
7 Philippines Nutricosmetics Market Import-Export Trade Statistics |
7.1 Philippines Nutricosmetics Market Export to Major Countries |
7.2 Philippines Nutricosmetics Market Imports from Major Countries |
8 Philippines Nutricosmetics Market Key Performance Indicators |
9 Philippines Nutricosmetics Market - Opportunity Assessment |
9.1 Philippines Nutricosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Nutricosmetics Market Opportunity Assessment, By Primary Function, 2021 & 2031F |
9.3 Philippines Nutricosmetics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Nutricosmetics Market - Competitive Landscape |
10.1 Philippines Nutricosmetics Market Revenue Share, By Companies, 2024 |
10.2 Philippines Nutricosmetics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |