The increasing emphasis on beauty from within has sparked a surge in demand for beauty drinks, with collagen peptides emerging as a prominent ingredient.
The global beauty drinks market is expected to experience significant growth in the coming years, according to market analysts. Valued at US$1.6 billion in 2022, the market is projected to reach US$3.1 billion by 2028, with a compound annual growth rate (CAGR) of 11.17% during the period 2023-2028.
Beauty drinks, which have gained popularity in the beauty industry, are designed to improve skin vitality, combat signs of aging, and address issues like acne, scars, and pigmentation. These beverages use botanical extracts from fruits and vegetables, combined with essential amino acids, vitamins, minerals, and antioxidants to detoxify the skin, tighten its appearance, and maintain healthy hair and nails. Collagen peptides, a key component of beauty drinks, stimulate natural collagen production, reducing premature wrinkles.
The global beauty drinks market is driven by increasing beauty consciousness among consumers. Factors such as rising disposable incomes, the influence of social media, hectic lifestyles, air pollution, unhealthy dietary habits, and elevated alcohol consumption contribute to the growing demand for products that promote healthy and youthful skin. Manufacturers are responding to this demand by introducing gluten-free, lactose-free, and vegan beauty drink variants without added sugars, preservatives, or flavorings. The market is further fueled by the rising working population and the popularity of nutricosmetics.
The report provides a comprehensive analysis of key market trends in various segments, including type, ingredients, function, and distribution channels. The market is segmented into natural and artificial drinks, with collagen proteins, vitamins and minerals, fruit extracts, and others as the main ingredients. The functions of beauty drinks include anti-aging, detoxification, radiance, vitality, and others. The report also examines the distribution channels and regional markets, including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.
Key players in the beauty drinks market include Asterism Healthcare Plus Inc., DECIEM The Abnormal Beauty Company, Hangzhou Nutrition Biotechnology Co. Ltd., Kino Biotech, Lacka Foods Limited, Sappe Public Company Limited, Shiseido Company Limited, Skinade.com (Bottled Science Ltd.), The Coca-Cola Company, and Vital Proteins LLC (Nestle Health Science).
Overall, the global beauty drinks market shows promising growth prospects, driven by increasing consumer awareness of beauty and wellness, the demand for natural and healthier products, and advancements in product formulations and ingredients.