Global Edible Cosmetics Market Size To Worth USD 576.95 Million By 2033 | CAGR of 9.01%
Category: Consumer GoodsGlobal Edible Cosmetics Market Size To Worth USD 576.95 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Edible Cosmetics Market Size is to Grow from USD 243.49 Million in 2023 to USD 576.95 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 9.01% during the projected period.
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Browse key industry insights spread across 240 pages with 120 Market data tables and figures & charts from the report on the "Global Edible Cosmetics Market Size, Share, and COVID-19 Impact Analysis, By Product (Skin Care, Hair Care, Makeup, and Nail), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Pharmacies & Drugstores, Online, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/edible-cosmetics-market
The edible cosmetics market refers to the industry that produces cosmetics and personal hygiene goods using safe-to-consume materials while adhering to simplicity and ethical sourcing requirements. Edible cosmetics, as opposed to traditional cosmetics, are manufactured with elements that are both safe for the skin and edible, demonstrating an increasing customer preference for products having natural and healthy components. Traditional cosmetics are designed for use outdoors and may contain synthetic or hazardous ingredients. This market offers a wide range of non-toxic and dangerous ingredient-free products, such as face masks, lip balms, and nail polish. However, one of the most difficult issues is finding high-quality, food-grade products that are produced legally and effectively.
The skin care segment accounted for the largest revenue market share of the edible cosmetics market during the projected timeframe.
Based on the product, the edible cosmetics market is divided into skin care, hair care, makeup, and nail. Among these, the skin care segment accounted for the largest revenue market share of the edible cosmetics market during the projected timeframe. Customers that seek organic and natural components find such products intriguing because they provide a safer and more sustainable alternative to traditional cosmetics. As health and cosmetic trends overlap, edible skin care products have grown in popularity.
The hypermarkets & supermarkets segment owing to the highest share of the edible cosmetics market during the projected timeframe.
Based on the distribution channel, the edible cosmetics market is categorized into hypermarkets & supermarkets, specialty stores, pharmacies & drugstores, online, and others. Among these, the hypermarkets & supermarkets segment owing to the highest share of the edible cosmetics market during the projected timeframe. Supermarkets and hypermarkets are growing into highly recommended for health and beauty goods, offering a wide range of cosmetics and skincare products. These venues enhance the beauty buying experience by promoting beautiful marketing and effective classification.
North America is expected to hold the largest share of the edible cosmetics market over the forecast period.
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North America is expected to hold the largest share of the edible cosmetics market over the forecast period. The rising popularity of ingredient safety and health benefits is increasing the appeal of edible cosmetics in North America. For people who wish to be open about their cosmetic products, edible component shampoos and cleansers offer a natural, non-toxic alternative. Furthermore, the trend reflects a growing demand for multipurpose goods that supplement a comprehensive approach to self-care and wellbeing.
Asia Pacific is predicted to grow at the fastest pace in the edible cosmetics market during the projected timeframe. The market for edible cosmetics in the region is expected to rise as people grow more conscious of the health and safety of cosmetics. Interest is increasing as disposable incomes rise and people desire quality, natural items. In addition, the area's traditional promotion of holistic well-being influences the popularity of products that integrate skincare benefits with health-conscious formulations.
Major vendors in the edible cosmetics market EdenSong Essentials Skin Care, Edible Beauty Australia Pty Ltd, Skin Gourmet, Babylogy, HL Edible India, Living Nature, Kid Licks, Skin Pot Co., Project MC2, Lush Retail Ltd., Kendo Holdings, Herbivore Botanicals, LLC., Sappho New Paradigm Cosmetics Inc., Tata Harper Skincare, and others.
Recent Developments
- In November 2022, Live Verdure Ltd ordered Edible Beauty Australia Pty Ltd. This purchase is expected to increase the company's market share by merging its skincare and health products. The strategic move aims to boost revenue and save costs, ultimately enhancing the company's financial performance.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the edible cosmetics market based on the below-mentioned segments:
Global Edible Cosmetics Market, By Product
- Skin Care
- Hair Care
- Makeup
- Nail
Global Edible Cosmetics Market, By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- Pharmacies & Drugstores
- Online
- Others
Global Edible Cosmetics Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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