Global Nutrition Chemicals Market Revenue, by Cosmetics & Personal Care, 2018 - 2027
| Label | North America | Europe | Asia Pacific | Latin America | Middle East & Africa |
|---|---|---|---|---|---|
| 2018 | 35.74 USD Mn | 27.73 USD Mn | 16.98 USD Mn | 8.72 USD Mn | 3.52 USD Mn |
| 2019 | 35.59 USD Mn | 27.54 USD Mn | 16.96 USD Mn | 8.64 USD Mn | 3.47 USD Mn |
| 2020 | 34.14 USD Mn | 26.35 USD Mn | 16.32 USD Mn | 8.25 USD Mn | 3.3 USD Mn |
| 2021 | 34.34 USD Mn | 26.45 USD Mn | 16.46 USD Mn | 8.26 USD Mn | 3.3 USD Mn |
| 2022 | 34.7 USD Mn | 26.65 USD Mn | 16.67 USD Mn | 8.31 USD Mn | 3.31 USD Mn |
| 2023 | 35.16 USD Mn | 26.94 USD Mn | 16.92 USD Mn | 8.39 USD Mn | 3.32 USD Mn |
| 2024 | 35.71 USD Mn | 27.29 USD Mn | 17.21 USD Mn | 8.49 USD Mn | 3.35 USD Mn |
| 2025 | 36.34 USD Mn | 27.7 USD Mn | 17.52 USD Mn | 8.61 USD Mn | 3.38 USD Mn |
| 2026 | 36.98 USD Mn | 28.12 USD Mn | 17.83 USD Mn | 8.74 USD Mn | 3.42 USD Mn |
| 2027 | 37.67 USD Mn | 28.57 USD Mn | 18.16 USD Mn | 8.88 USD Mn | 3.46 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The 2027 portion of the Global Nutrition Chemicals Market Revenue, by Others, 2018 market is on a steady long-term growth path. Segment value stands at roughly USD 95 Mn in 2026 and is projected to reach USD 97 Mn by 2027 — a gain of about 2% over the forecast period, translating to a CAGR in the low single digits.
- The global nutrition chemicals market revenue has been witnessing steady growth in recent years, driven by increasing demand for fortified and functional food products, and a growing awareness about the importance of a balanced and nutritious diet. Companies in the nutrition chemicals market have been developing innovative products to cater to the needs of consumers who are increasingly becoming health-conscious, and are seeking nutrition-rich products.
- What the regional split looks like (2026): North America leads, holding roughly 39% of segment value — the single largest regional share. Europe is the second-largest contributor. Asia Pacific, Latin America and Middle East & Africa make up the remainder, in descending order.
- By 2027, North America alone is expected to reach USD 38 Mn, with Europe at USD 29 Mn.
Market Dynamics
The global nutrition chemicals market revenue has been witnessing steady growth in recent years, driven by increasing demand for fortified and functional food products, and a growing awareness about the importance of a balanced and nutritious diet. Companies in the nutrition chemicals market have been developing innovative products to cater to the needs of consumers who are increasingly becoming health-conscious, and are seeking nutrition-rich products. One of the key segments of the nutrition chemicals market is the "Others" category, which refers to various types of chemicals and ingredients that are used in food and beverages, dietary supplements, and animal feed, among others. These chemicals play a crucial role in enhancing nutrition and adding value to the final product. Some of the common types of nutrition chemicals in this category include vitamins, minerals, amino acids, enzymes, and probiotics, among others. The demand for nutrition chemicals in the "Others" category has been on the rise due to several factors. Firstly, there has been a growing trend towards personalized nutrition, with consumers seeking products that are tailored to their individual needs.
This has resulted in increased use of specialized nutrition chemicals, such as customized vitamin and mineral blends, and ingredients that target specific health concerns. Secondly, there has been a surge in the demand for organic and plant-based products, which has led to a rise in the use of natural nutrition chemicals such as organic vitamins and minerals, plant-based proteins, and herbal extracts. These ingredients provide a safer and more sustainable alternative to synthetic chemicals, and are thus gaining popularity among health-conscious consumers. Furthermore, the rise of e-commerce platforms and online retailing has made it easier for companies to offer a wider range of products and reach a larger audience. This has also contributed to the growth of the "Others" segment, as smaller and niche players are now able to enter the market and offer specialized and innovative nutrition chemicals. In conclusion, the demand for nutrition chemicals in the "Others" category is expected to continue its upward trend in the coming years, driven by evolving consumer preferences and the expanding health and wellness industry. Manufacturers in this market are likely to focus on product innovation and expanding their product portfolios to cater to the diverse demands of consumers.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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