06 Feb 2023 — Market research data by Innova Market Insights points to a surge in supplements tracked with skin health positionings. The category experienced more than 30% average annual growth in product launches of dietary supplements globally between 2017 and 2021. In particular, astaxanthin – a microalgae ingredient – is in the spotlight for its broad applicability and functionalities in this sector.
Europe was the leading region with the most nutricosmetic supplement launches at 41% in that period, while North America had 32% of supplement launches. Then, the COVID-19 pandemic hit.