About Edible Cosmetic
Edible cosmetics are the products that include items made for topical use that can be used to eat, as well as it is used to design to enhance a person’s appearance when ingested. The products such as bite beauty’s edible lipstick, Smashbox's edible emulsion lip exfoliant, and collagen-infused beverages These helps in but satisfy the taste buds as well as cherishing the look of the food or dishes. The proliferation of these tasty treatments show that food-based ingredients are emerging as a key trend in the personal care industry as more and more beauty companies target this growing segment by creating product lines that incorporate these ingredients. Hence enhancing the market in the foreseen period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The demand for Edible Cosmetic is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Tarte Cosmetics, LUSH Cosmetics and and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how canker sores drug can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Edible Cosmetic market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
KORA Organics (United States), Tarte Cosmetics (United States), LUSH Cosmetics (United Kingdom), Neo Australia (Australia), Bite Beauty (Canada), Aryan International (India) and Recherche Skincare (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Edible Cosmetic market by Type (Natural Products and Organic Products), Application (Skin Cream, Lipstick, Nail Products and Others) and Region.
On the basis of geography, the market of Edible Cosmetic has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Edible Cosmetic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adopting innovation of Various Product such as Coconut Shampoo, Mushroom Anti-Aging cream, Pomegranate Pigmented Lipstick, and Coffee Body Scrub
Market Growth Drivers:
Cosmetics is a multi-billion dollar industry that attracts different types of consumers from all over the world. It is seen that trends in the food industry have been making over into the cosmetics industry. As a result, manufacturers are now creating products inspired by food ingredients such as coconut shampoo, mushroom anti-aging cream, pomegranate and many more. Thus resulting in the market growth in different time frames.
Challenges:
Concern Related Towards the Allergies By these Cosmetics
Restraints:
High Cost Associated with These Cosmetic Products
Opportunities:
Rising Application of these cosmetics in food as well as for Personal Care Product and Increasing Demand from both Food as well as Cosmetic Industry
Market Leaders and their expansionary development strategies
In June 2023, French natural ingredients manufacturer Solabia has acquired Applechem, a US-based cosmetics technology supplier.
In November 2021 KORA Organics had announced partnership with Amazon. KORA Organics products are cruelty-free and formulated with clinically active certified organic ingredients. Amazon Premium Beauty will carry a curated selection of KORA Organic's product assortment, including best-selling cult favorites: Turmeric Brightening & Exfoliating Mask and Noni Glow Face Oil.
Key Target Audience
Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Traders/Suppliers & Distributors, Corporate Entities, Raw Material Suppliers, End-use industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.