07.09.19
According to Beauty Drinks Market - Growth, Trends and Forecast (2019 - 2024), a new report available from ResearchAndMarkets.com, the beauty drinks market is forecasted to reach $4.4 billion by 2024, registering a CAGR of 11.9% during the forecast period.
Among all the ingestible and topical combination products, within the industry, beauty drinks are proving to be a highly palatable option, with growing preference for these products. Collagen as a key ingredient is dominating the beauty drinks market whereas the coenzyme segment represented the fastest-growing ingredient segment, due to the anti-aging and skin enhancement properties. Thus, the market for beauty drinks is predominantly driven by the standard consumer shift toward preventive skin care, with the increasing aging population in developed countries.
Asia-Pacific forms the largest market for collagen-based beauty drinks, whereas, the North American market is expected to register a prominent CAGR, due to the increasing awareness about health and beauty benefits of collagen among the United States and Canadian consumers.
Among all the ingestible and topical combination products, within the industry, beauty drinks are proving to be a highly palatable option, with growing preference for these products. Collagen as a key ingredient is dominating the beauty drinks market whereas the coenzyme segment represented the fastest-growing ingredient segment, due to the anti-aging and skin enhancement properties. Thus, the market for beauty drinks is predominantly driven by the standard consumer shift toward preventive skin care, with the increasing aging population in developed countries.
Asia-Pacific forms the largest market for collagen-based beauty drinks, whereas, the North American market is expected to register a prominent CAGR, due to the increasing awareness about health and beauty benefits of collagen among the United States and Canadian consumers.
