SlideShare uma empresa Scribd logo
1 de 46
Baixar para ler offline
Nutricosmetics market
(Oral Beauty Products)
EXECUTIVE SUMMARY
•

Nutricosmetics market already represents $1,5bn* worldwide but it is still a small part of
beauty industry.

•

It is very dynamically growing, especially in US and Europe.

•

The market is expected to double its size within next five years*.

•

In Europe France is the biggest market while UK the most dynamically growing (by
approx. 18%).

•

Nutricosmetics market is a purely incremental business for beauty players targeted as a
complementary category to traditional beauty segments.

•

The category capitalizes upon growth of cosmeceuticals as well as consumers` more
holistic approach to health and beauty.

•

Consumers use skincare nutricosmetics to target or prevent specific beauty issues that
need high efficacy solutions (wrinkles, cellulite, body shape).

•

Women aged 35-64 y.o. who are the most health and beauty-aware is the core target.

•

Market offer is growing with Inneov as the best known brand copied by industries and
brands from mass and value price tiers.

•

Results validation seems to be a key driver of success.
WHAT ARE NUTRICOSMETICS?

• Ingestible
products
that
are
formulated and marketed specifically
for beauty purposes.
• Typical forms: pill, tablet, liquid, food.
NUTRICOSMETICS COME AS AN INTERSECTION BETWEEN PERSONAL CARE,
PHARMACY AND NUTRITION
EVOLUTION OF NUTRICOSMETICS

•
•
•
•
•
•

Intersection between cosmetics and pharmaceuticals.
Concept created in 1961 by Raymond Reed, a member of the US Society of
Cosmetic Chemists
Term cosmeceuticals created in 1980 by Dr. Albert Kligman.
Products that have drug-like benefits and perform some transformative change to
human.
Examples: anti-aging products, skin whiteners, acne aids, whitening toothpastes,
anti-cellulite products, anti-perspirants
Value $55bln in 2007 worldwide*.
Source: *Kline & Company
EXAMPLES OF COSMECEUTICALS
EVOLUTION OF NUTRICOSMETICS

•

Term coined in 1989 by Dr. Stephen DeFelice, founder and chairman of the
Foundation for Innovation in Medicine.

•

A subject of great focus of the food and pharmaceutical companies in 1990s.

•

Examples: cholesterol-lowering diabetes management, tartar control, digestive
aid and energizing products.
EXAMPLES OF NUTRACEUTICALS
EVOLUTION OF NUTRICOSMETICS

•

Emerged as a segment of nutraceuticals.

•

First gained interest in Japan, then more and more popular in Europe. Right now trickled
into US.

•

Dominated by beauty and pharma firms.

•

Only few entrants from food industry.
SIZE OF NUTRICOSMETICS MARKET

•

The nutricosmetics market amounts to $1,5bln worldwide with Europe as a
largest region.

Source: *Kline & Company
SIZE OF NUTRICOSMETICS MARKET

•

The nutricosmetics market is still relatively small vs Personal Care or Skin Care
and perceived by a beauty companies as a niche to generate incremental sales.

Source: *Kline & Company
GROWTH OF NUTRICOSMETICS MARKET

•

The nutricosmetics market is smaller than Personal Care or Skin Care but
growing much faster.

Source: *Kline & Company
SIZE OF NUTRICOSMETICS MARKET

$2,5 bn

$1,5 bn

•

The nutricosmetics market is expected to double its size by 2012.

Source: Kline & Company
NUTRICOSMETICS MARKET IS A GROWING NICHE IN DEVELOPED MARKETS

Total nutricosmetics market value by country (USD$mm)

•
•

The nutricosmetics market is dynamically growing especially in UK, US, Germany
and France.
France – Inneov`s home market – shows growth potential of new, incremental
skincare category across Europe benefiting from more and more popular concept
of „beauty from within”.

Source: Datamonitor
MARKET OFFER IS GROWING

•

The market is still very fragmented with growing number of brands in mass and
value segments.
NUTRICOSMETICS FOCUS ON 3 KEY AREAS: FACE, BODY AND HAIR

FACIAL SKIN CARE

SUN CARE

HAIR CARE

BODY CARE
NUTRICOSMETICS - EUROPE

•

Largely concentrated in France, Italy,
Germany, UK and Spain.

•

Strong growth across numerous
markets with UK as the most
dynamically growing.

•

Driven by anti-aging and body care
products.

•

Pharmacy is a key selling channel,
which is considered as the most
trusted intermediary.

•

Legal framework established under
food and medicinal law, but decisions
as to which applies to nutricosmetics
varies by country.

•

Price tier: premium (20-40 EUR).
NUTRICOSMETICS - EUROPE

•

Key market players
MARKET LEADER - INNEOV
FACIAL SKIN
CARE

•Focuses on skin
firmness, which
heavily depends on
firmness and density
of deeper skin layers
•Targeted at women
aged 40+ as this is a
time when female
skin starts loosing
density and firmness
due to hormonal
changes

•RTB:
•Innovative formula incl.
Lakto-Liponem active
ingredients that reaches all
body cells to stimulate their
regeneration and protection
of collagen, vit. C & soya
isoflawons
•83% of women noticed
improvement of firmness of
face and body skin
•Cells regeneration +79%
•Collagen production +64%
•After 3 months skin is
significantly firmer

•Recommended as a
supplement to a
cream
•Recommended
intake 2-3 pills/day for
min. 3 months
SUCCESS OF THE INNEOV RESULTED IN COPYING THE CONCEPT BY OTHER
INDUSTRIES

FACIAL SKIN
CARE

SUN CARE

HAIR CARE
AND PRICE TIERS - MASS

•

Beiersdorf entered the nutricosmetics
industry launching the Nivea Good-Bye
Cellulite Body Beauty Program that
pairs Nivea Good-bye Cellulite GelCream and new dietary supplements to
deliver firmer skin in 2 weeks and
reduce the appearance of cellulite in 4
weeks.

•

Supplement contains linoleic acid, Lcarnitine, gelatin, glycerol, mate leaf
extract, soybean oil, vit. E and soy
lecithin.
AND PRICE TIERS - VALUE
GROWTH OF NUTRICOSMETICS IS DRIVEN BY CONSUMERS` MORE HOLISTIC
APPROACH TO HEALTH

•

Health became key purchase driver across many categories and countries.

•

Datamonitor reports that 76% of Europeans and US consumers is conscious of
health and wellness issues on a daily basis.

•

2006 Health & Food Study by Eurobarometer revealed that 43% of EU25
citizens pointed better hydration as the fourth most important behavioral change
to their lifestyle and dietary habits.

•

Consumers perceive health and beauty as inter-related.
AND AGING OF THE BABY BOOMERS GENERATION AS WELL AS A FEAR TOWARDS
CLINICAL PROCEDURES
ADDITIONALLY, OBP, AS A COMPLIMENTARY CATEGORY, CAPITALIZES UPON
COSMECEUTICALS MARKET GROWTH
Total cosmeceuticals market value by country (USD$`mm)

•
•

Cosmeceuticals market will grow in both Europe and US.
France and Spain will be the two fastest growing, European markets.

Source: Datamonitor
TO TARGET SPECIFIC CONSUMER NEEDS
Why do you use cosmeceuticals?

•

Over 56% of consumers use cosmeceuticals to target specific skincare problem.

Source: Datamonitor, Europe and US, July 2005
RELATED TO TOOTH WHITENING, BODY CARE AND ANTI-AGING

Popularity of cosmeceuticals product categories

Source: Datamonitor, Europe and US, July 2005
WITH FACIAL MOISTURIZERS AS THE BIGGEST CATEGORY BENEFITING FROM A
NEED FOR LOOKING YOUNG AS LONG AS POSSIBLE
Cosmeceuticals penetration of the European skincare market by
product category

•
•

Facial moisturizers will remain the biggest category with a solid growth.
Although body care is the second smallest category it will experience the fastest
growth.
Source: Datamonitor
CURRENT PRODUCTS DO NOT FULLY MEET THE NEED

•

Dissatisfaction from the current product offer creates a potential for new, more
sophisticated and of higher efficacy products, such as nutricosmetics.

Source: Datamonitor
WOMEN AGED 35-64 CONSTITUTE A KEY TARGET GROUP
% of consumers who are willing to buy cosmeceuticals

•

•

Women aged 35-64 are the most health and beauty-aware. Among all age groups they
spend the most time on personal care and have the lowest satisfaction with their
appearance.
Women aged 25-34 is the extended target group.
Source: Datamonitor, Europe and US, July 2005
THEY BUY AND USE OBPs AND COSMECEUTICALS BECAUSE PREVENTATIVE AND
CORRECTIVE REASONS

YOUNGER
CONSUMERS (25-34)

ELDER
CONSUMERS (50+)

PREVENT

TARGET

BODY CARE

FACIAL CARE

BODY CARE

•Body modeling

•Dry skin hydration

•Body modeling

•Body shaping

•Anti-wrinkle

•Body shaping

•Cellulite

•Skin discoloration

•Cellulite

•Acne

FACIAL CARE
•Deep lines and
wrinkles
•Skin discoloration
•Eye shadows
RESULTS VALIDATION IS KEY DRIVER TO WIN IN NUTRICOSMETICS

•

Clearly documented and independent scientific
research findings should be publicized.

•

Endorsement of the products by doctors to
increase credibility behind offer and fight
consumer skepticism.

•

Endorsement of the products by celebrities to
encourage trial/usage.

•

Key claims featured on product literature and/or
product packaging (clinical and consumer).

•

Before and after shots should be used in
communication to visualize the results.

•

Consumer product testimonials.
INNOVATION IS ALSO CRITICAL FOR SUCCESS

•

True novelty
e.g. Imedeen Time Perfection contains a powerful
antioxidant

•

Active ingredients
e.g. Lacto-lycopene in Inneov Fermete

•

New delivery systems
e.g. Lipocap employed in Imedeen Tan Optimizer
offers max encapsulation and protection of the
active ingredients
BUT KEEP IT SIMPLE FOR CONSUMERS

•

Products should not require an extra step/effort.

Why?
Changing of a consumer habits too much of a hurdle.
Fit in current behavior to gain interest.
NUTRICOSMETICS OFFER A GREAT OPPORTUNITY NOT ONLY FOR BEAUTY BUT
ALSO FOOD, BEVERAGE AND SUPPLEMENT MANUFACTURERS

•

Many consumers will prefer to buy
ingestible products from nutrition
brands rather than cosmetics ones.

•

Thus, companies with established
credibility in nutrition category could be
successful.

•

Good examples of that is Inneov and
Danone Essensis and Activa.

•

To succeed companies from different
industries
will
merge
their
competences
e.g.
L`Oreal
and
Coca-Cola
partnership to launch health&beauty
beverage called Lumae (2008).
Thank you
www.starbrandsagency.com
NUTRICOSMETICS – PRODUCT INNOVATION

•

Medish tablets for oral health
NUTRICOSMETICS – PRODUCT INNOVATION

•

Shiseido Collagen Update
NUTRICOSMETICS – PRODUCT INNOVATION

•

Imedeen – Skin Age Minimizer
NUTRICOSMETICS – PRODUCT INNOVATION

•

Doctor. Gi – Total Beauty Support
NUTRICOSMETICS – PRODUCT INNOVATION

•

Kyupurun drink for soft and supple skin
NUTRICOSMETICS – PRODUCT INNOVATION

•

Belly Reducing Midnight Yoghurt
NUTRICOSMETICS – PRODUCT INNOVATION

•

Asashi Collagen Water
NUTRICOSMETICS – PRODUCT INNOVATION

•

Asashi Collagen Water
Back-ups

Mais conteúdo relacionado

Mais procurados

Business_Research_Project
Business_Research_ProjectBusiness_Research_Project
Business_Research_Project
zain Lala
 
Consumer behaviour cadbury and nike
Consumer behaviour cadbury and nikeConsumer behaviour cadbury and nike
Consumer behaviour cadbury and nike
Mayank Verma
 

Mais procurados (20)

The Hero Project + Adriana Lemos
The Hero Project + Adriana LemosThe Hero Project + Adriana Lemos
The Hero Project + Adriana Lemos
 
Abbott Business Challenge 2.0 | National Finals
Abbott Business Challenge 2.0 | National FinalsAbbott Business Challenge 2.0 | National Finals
Abbott Business Challenge 2.0 | National Finals
 
Impact of Branding on consumer buying behaviour
Impact of Branding on consumer buying behaviour Impact of Branding on consumer buying behaviour
Impact of Branding on consumer buying behaviour
 
Marketing management (3) (1) (1) (1) (1) mba 2nd sem
Marketing management (3) (1) (1) (1) (1) mba 2nd semMarketing management (3) (1) (1) (1) (1) mba 2nd sem
Marketing management (3) (1) (1) (1) (1) mba 2nd sem
 
Societal marketing
Societal  marketingSocietal  marketing
Societal marketing
 
P problems in marketing of of medicinal plants in pakistanA Lecture By Mr Al...
P problems in marketing of  of medicinal plants in pakistanA Lecture By Mr Al...P problems in marketing of  of medicinal plants in pakistanA Lecture By Mr Al...
P problems in marketing of of medicinal plants in pakistanA Lecture By Mr Al...
 
R5s
R5sR5s
R5s
 
Some basic concept of marketing
Some basic concept of marketingSome basic concept of marketing
Some basic concept of marketing
 
Problems in marketing of of medicinal plants in pakistan Problems in marketi...
Problems in marketing of  of medicinal plants in pakistan Problems in marketi...Problems in marketing of  of medicinal plants in pakistan Problems in marketi...
Problems in marketing of of medicinal plants in pakistan Problems in marketi...
 
V-Guard The Big Idea Contest 2018 | National Finals
V-Guard The Big Idea Contest 2018 | National FinalsV-Guard The Big Idea Contest 2018 | National Finals
V-Guard The Big Idea Contest 2018 | National Finals
 
Illy BIO - Marketing plan
Illy BIO - Marketing planIlly BIO - Marketing plan
Illy BIO - Marketing plan
 
Business_Research_Project
Business_Research_ProjectBusiness_Research_Project
Business_Research_Project
 
Protein supplement - Brand Plan
Protein supplement - Brand PlanProtein supplement - Brand Plan
Protein supplement - Brand Plan
 
Consumer behaviour cadbury and nike
Consumer behaviour cadbury and nikeConsumer behaviour cadbury and nike
Consumer behaviour cadbury and nike
 
Autobots: Research Proposal For Deo Brand
Autobots: Research Proposal For Deo BrandAutobots: Research Proposal For Deo Brand
Autobots: Research Proposal For Deo Brand
 
The impact of p.c BY;Rana Helmy
The impact of p.c   BY;Rana HelmyThe impact of p.c   BY;Rana Helmy
The impact of p.c BY;Rana Helmy
 
Marketing Management module 2 uma k
Marketing Management module 2 uma kMarketing Management module 2 uma k
Marketing Management module 2 uma k
 
Positioning Halal Values on the Retail Shelf
Positioning Halal Values on the Retail ShelfPositioning Halal Values on the Retail Shelf
Positioning Halal Values on the Retail Shelf
 
Determinants of consumer’ purchasing behaviour for Ready to Eat Food in Delhi...
Determinants of consumer’ purchasing behaviour for Ready to Eat Food in Delhi...Determinants of consumer’ purchasing behaviour for Ready to Eat Food in Delhi...
Determinants of consumer’ purchasing behaviour for Ready to Eat Food in Delhi...
 
Social marketing
Social marketingSocial marketing
Social marketing
 

Destaque

Skinside White Paper Oct 2015
Skinside White Paper Oct 2015Skinside White Paper Oct 2015
Skinside White Paper Oct 2015
Nick Berner
 
Consumer and Innovation Trends in Skincare
Consumer and Innovation Trends in SkincareConsumer and Innovation Trends in Skincare
Consumer and Innovation Trends in Skincare
Datamonitor Consumer
 

Destaque (16)

Wod cover page[1]
Wod cover page[1]Wod cover page[1]
Wod cover page[1]
 
Skinside White Paper Oct 2015
Skinside White Paper Oct 2015Skinside White Paper Oct 2015
Skinside White Paper Oct 2015
 
DDB-chic-Pink-Paper
DDB-chic-Pink-PaperDDB-chic-Pink-Paper
DDB-chic-Pink-Paper
 
Knocean Sciences Elegant Affordable Skin Care and Beauty slide overview
Knocean Sciences Elegant Affordable Skin Care and Beauty slide overview Knocean Sciences Elegant Affordable Skin Care and Beauty slide overview
Knocean Sciences Elegant Affordable Skin Care and Beauty slide overview
 
La Convergenza Bocconi 2007
La Convergenza Bocconi 2007La Convergenza Bocconi 2007
La Convergenza Bocconi 2007
 
Cosmecuticals
CosmecuticalsCosmecuticals
Cosmecuticals
 
power point presentation of nutrients
power point presentation of nutrientspower point presentation of nutrients
power point presentation of nutrients
 
New drug development
New drug developmentNew drug development
New drug development
 
Consumer and Innovation Trends in Skincare
Consumer and Innovation Trends in SkincareConsumer and Innovation Trends in Skincare
Consumer and Innovation Trends in Skincare
 
Cosmeceuticals
CosmeceuticalsCosmeceuticals
Cosmeceuticals
 
The cosmeceutical market - current and future outlook.
The cosmeceutical market - current and future outlook.The cosmeceutical market - current and future outlook.
The cosmeceutical market - current and future outlook.
 
Nutrients presentation
Nutrients presentationNutrients presentation
Nutrients presentation
 
Cosmetics and cosmeceuticals
Cosmetics and cosmeceuticalsCosmetics and cosmeceuticals
Cosmetics and cosmeceuticals
 
Cosmeceutical
Cosmeceutical Cosmeceutical
Cosmeceutical
 
Cosmeceutical trends and technologies presentation
Cosmeceutical trends and technologies presentationCosmeceutical trends and technologies presentation
Cosmeceutical trends and technologies presentation
 
Herbal Cosmetics
Herbal CosmeticsHerbal Cosmetics
Herbal Cosmetics
 

Semelhante a STARBRANDS // BUILT TO SHINE: Krótka analiza rynku nutrikosmetyków / nutricosmetics market

L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude
L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude
L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude
Apoorv Malu
 
Clinique Marketing Plan
Clinique Marketing PlanClinique Marketing Plan
Clinique Marketing Plan
Zhuo Karen Cai
 
Andrew Miller Norway Product Research & Launch
Andrew Miller Norway Product Research & LaunchAndrew Miller Norway Product Research & Launch
Andrew Miller Norway Product Research & Launch
Andrew Miller
 
293719 633967201861398750
293719 633967201861398750293719 633967201861398750
293719 633967201861398750
Amogh Vaidya
 
World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...
World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...
World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...
ReportsnReports
 
Presentation for estee4-1
Presentation for estee4-1Presentation for estee4-1
Presentation for estee4-1
Humayra Nasir
 

Semelhante a STARBRANDS // BUILT TO SHINE: Krótka analiza rynku nutrikosmetyków / nutricosmetics market (20)

STARBRANDS // BUILT TO SHINE: Global consumer trends for building brands and ...
STARBRANDS // BUILT TO SHINE: Global consumer trends for building brands and ...STARBRANDS // BUILT TO SHINE: Global consumer trends for building brands and ...
STARBRANDS // BUILT TO SHINE: Global consumer trends for building brands and ...
 
Globalization in beauty around the world
Globalization in beauty around the worldGlobalization in beauty around the world
Globalization in beauty around the world
 
Active cosmetics market ppt
Active cosmetics market pptActive cosmetics market ppt
Active cosmetics market ppt
 
L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude
L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude
L'Oreal Of Paris: Bringing "Class To Mass" With Plénitude
 
Skin care product PPT
Skin care product PPTSkin care product PPT
Skin care product PPT
 
Global Trends in Anti-Agers
Global Trends in Anti-AgersGlobal Trends in Anti-Agers
Global Trends in Anti-Agers
 
L'oreal mini case study
L'oreal mini case study L'oreal mini case study
L'oreal mini case study
 
Clinique Marketing Plan
Clinique Marketing PlanClinique Marketing Plan
Clinique Marketing Plan
 
Clinique 2012-final
Clinique 2012-finalClinique 2012-final
Clinique 2012-final
 
Brand development ( Cream Cracker for Skin Beauty)
Brand development ( Cream Cracker  for Skin Beauty)Brand development ( Cream Cracker  for Skin Beauty)
Brand development ( Cream Cracker for Skin Beauty)
 
Project X: Beauty and Personal Care Analysis
Project X: Beauty and Personal Care AnalysisProject X: Beauty and Personal Care Analysis
Project X: Beauty and Personal Care Analysis
 
Andrew Miller Norway Product Research & Launch
Andrew Miller Norway Product Research & LaunchAndrew Miller Norway Product Research & Launch
Andrew Miller Norway Product Research & Launch
 
Access to Nutrition Index: Progress and Plans Fall 2016
Access to Nutrition Index: Progress and Plans Fall 2016Access to Nutrition Index: Progress and Plans Fall 2016
Access to Nutrition Index: Progress and Plans Fall 2016
 
293719 633967201861398750
293719 633967201861398750293719 633967201861398750
293719 633967201861398750
 
Principles of Marketing 2024.pptx
Principles of Marketing 2024.pptxPrinciples of Marketing 2024.pptx
Principles of Marketing 2024.pptx
 
World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...
World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...
World Market for Clinical Nutrition Products (Infant, Parenteral and Enteral ...
 
Presentation for estee4-1
Presentation for estee4-1Presentation for estee4-1
Presentation for estee4-1
 
Cosmetics Euorpe Consumer Insights 2017
Cosmetics Euorpe Consumer Insights 2017Cosmetics Euorpe Consumer Insights 2017
Cosmetics Euorpe Consumer Insights 2017
 
Dossier de presse - IMCAS - janvier 2015
Dossier de presse - IMCAS - janvier 2015Dossier de presse - IMCAS - janvier 2015
Dossier de presse - IMCAS - janvier 2015
 
Clamoxyl ppt 5.3.18
Clamoxyl ppt 5.3.18Clamoxyl ppt 5.3.18
Clamoxyl ppt 5.3.18
 

Mais de SOFAMI.PL

Starbrands dla dortech propozycje koncepcji graficznej logo
Starbrands dla dortech propozycje koncepcji graficznej logoStarbrands dla dortech propozycje koncepcji graficznej logo
Starbrands dla dortech propozycje koncepcji graficznej logo
SOFAMI.PL
 

Mais de SOFAMI.PL (10)

Starbrands dla dortech propozycje koncepcji graficznej logo
Starbrands dla dortech propozycje koncepcji graficznej logoStarbrands dla dortech propozycje koncepcji graficznej logo
Starbrands dla dortech propozycje koncepcji graficznej logo
 
STARBRANDS // BUILT TO SHINE: Building a new fitness brand in CEE p. 1
STARBRANDS // BUILT TO SHINE: Building a new fitness brand in CEE p. 1STARBRANDS // BUILT TO SHINE: Building a new fitness brand in CEE p. 1
STARBRANDS // BUILT TO SHINE: Building a new fitness brand in CEE p. 1
 
STARBRANDS // BUILT TO SHINE: budowa nowej marki studia metaloplastycznego
STARBRANDS // BUILT TO SHINE: budowa nowej marki studia metaloplastycznegoSTARBRANDS // BUILT TO SHINE: budowa nowej marki studia metaloplastycznego
STARBRANDS // BUILT TO SHINE: budowa nowej marki studia metaloplastycznego
 
STARBRANDS // BUILT TO SHINE: retail & merchandising audit of otc category i...
STARBRANDS // BUILT TO SHINE:  retail & merchandising audit of otc category i...STARBRANDS // BUILT TO SHINE:  retail & merchandising audit of otc category i...
STARBRANDS // BUILT TO SHINE: retail & merchandising audit of otc category i...
 
STARBRANDS // BUILT TO SHINE: strategia marki / brand strategy for a new deo ...
STARBRANDS // BUILT TO SHINE: strategia marki / brand strategy for a new deo ...STARBRANDS // BUILT TO SHINE: strategia marki / brand strategy for a new deo ...
STARBRANDS // BUILT TO SHINE: strategia marki / brand strategy for a new deo ...
 
STARBRANDS // BUILT TO SHINE: Shopper marketing strategy, czyli jak zwiększyć...
STARBRANDS // BUILT TO SHINE: Shopper marketing strategy, czyli jak zwiększyć...STARBRANDS // BUILT TO SHINE: Shopper marketing strategy, czyli jak zwiększyć...
STARBRANDS // BUILT TO SHINE: Shopper marketing strategy, czyli jak zwiększyć...
 
STARBRANDS // BUILT TO SHINE: Strategia komunikacji marki - prosty przykład /...
STARBRANDS // BUILT TO SHINE: Strategia komunikacji marki - prosty przykład /...STARBRANDS // BUILT TO SHINE: Strategia komunikacji marki - prosty przykład /...
STARBRANDS // BUILT TO SHINE: Strategia komunikacji marki - prosty przykład /...
 
STARBRANDS // BUILT TO SHINE: Program lojalnościowy dla marki Adidas. Loyalty...
STARBRANDS // BUILT TO SHINE: Program lojalnościowy dla marki Adidas. Loyalty...STARBRANDS // BUILT TO SHINE: Program lojalnościowy dla marki Adidas. Loyalty...
STARBRANDS // BUILT TO SHINE: Program lojalnościowy dla marki Adidas. Loyalty...
 
STARBRANDS // BUILT TO SHINE: Luxury marketing
STARBRANDS // BUILT TO SHINE: Luxury marketingSTARBRANDS // BUILT TO SHINE: Luxury marketing
STARBRANDS // BUILT TO SHINE: Luxury marketing
 
STARBRANDS // BUILT TO SHINE: Strategia marki - jak budujemy markę? Brand str...
STARBRANDS // BUILT TO SHINE: Strategia marki - jak budujemy markę? Brand str...STARBRANDS // BUILT TO SHINE: Strategia marki - jak budujemy markę? Brand str...
STARBRANDS // BUILT TO SHINE: Strategia marki - jak budujemy markę? Brand str...
 

Último

4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
Cara Menggugurkan Kandungan 087776558899
 
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSEINCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
RicaAbellanosa
 

Último (20)

The Art of sales from fictional characters.
The Art of sales from fictional characters.The Art of sales from fictional characters.
The Art of sales from fictional characters.
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your Lifestyle
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital Strategist
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptx
 
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxUnveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSEINCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
INCOME TAXATION- CHAPTER 13-A ADDITIONAL CLAIMABLE COMPENSATION EXPENSE
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night ServiceVIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
 
Aiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMMAiizennxqc Digital Marketing | SEO & SMM
Aiizennxqc Digital Marketing | SEO & SMM
 
SALES-PITCH-an-introduction-to-sales.pptx
SALES-PITCH-an-introduction-to-sales.pptxSALES-PITCH-an-introduction-to-sales.pptx
SALES-PITCH-an-introduction-to-sales.pptx
 
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITYHITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
 
2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptx
 
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdfTAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
TAM_AdEx-Cross_Media_Report-Banking_Finance_Investment_(BFSI)_2023.pdf
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
The seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert CialdiniThe seven principles of persuasion by Dr. Robert Cialdini
The seven principles of persuasion by Dr. Robert Cialdini
 
SP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdfSP Search Term Data Optimization Template.pdf
SP Search Term Data Optimization Template.pdf
 

STARBRANDS // BUILT TO SHINE: Krótka analiza rynku nutrikosmetyków / nutricosmetics market

  • 1.
  • 3. EXECUTIVE SUMMARY • Nutricosmetics market already represents $1,5bn* worldwide but it is still a small part of beauty industry. • It is very dynamically growing, especially in US and Europe. • The market is expected to double its size within next five years*. • In Europe France is the biggest market while UK the most dynamically growing (by approx. 18%). • Nutricosmetics market is a purely incremental business for beauty players targeted as a complementary category to traditional beauty segments. • The category capitalizes upon growth of cosmeceuticals as well as consumers` more holistic approach to health and beauty. • Consumers use skincare nutricosmetics to target or prevent specific beauty issues that need high efficacy solutions (wrinkles, cellulite, body shape). • Women aged 35-64 y.o. who are the most health and beauty-aware is the core target. • Market offer is growing with Inneov as the best known brand copied by industries and brands from mass and value price tiers. • Results validation seems to be a key driver of success.
  • 4. WHAT ARE NUTRICOSMETICS? • Ingestible products that are formulated and marketed specifically for beauty purposes. • Typical forms: pill, tablet, liquid, food.
  • 5. NUTRICOSMETICS COME AS AN INTERSECTION BETWEEN PERSONAL CARE, PHARMACY AND NUTRITION
  • 6. EVOLUTION OF NUTRICOSMETICS • • • • • • Intersection between cosmetics and pharmaceuticals. Concept created in 1961 by Raymond Reed, a member of the US Society of Cosmetic Chemists Term cosmeceuticals created in 1980 by Dr. Albert Kligman. Products that have drug-like benefits and perform some transformative change to human. Examples: anti-aging products, skin whiteners, acne aids, whitening toothpastes, anti-cellulite products, anti-perspirants Value $55bln in 2007 worldwide*. Source: *Kline & Company
  • 8. EVOLUTION OF NUTRICOSMETICS • Term coined in 1989 by Dr. Stephen DeFelice, founder and chairman of the Foundation for Innovation in Medicine. • A subject of great focus of the food and pharmaceutical companies in 1990s. • Examples: cholesterol-lowering diabetes management, tartar control, digestive aid and energizing products.
  • 10. EVOLUTION OF NUTRICOSMETICS • Emerged as a segment of nutraceuticals. • First gained interest in Japan, then more and more popular in Europe. Right now trickled into US. • Dominated by beauty and pharma firms. • Only few entrants from food industry.
  • 11. SIZE OF NUTRICOSMETICS MARKET • The nutricosmetics market amounts to $1,5bln worldwide with Europe as a largest region. Source: *Kline & Company
  • 12. SIZE OF NUTRICOSMETICS MARKET • The nutricosmetics market is still relatively small vs Personal Care or Skin Care and perceived by a beauty companies as a niche to generate incremental sales. Source: *Kline & Company
  • 13. GROWTH OF NUTRICOSMETICS MARKET • The nutricosmetics market is smaller than Personal Care or Skin Care but growing much faster. Source: *Kline & Company
  • 14. SIZE OF NUTRICOSMETICS MARKET $2,5 bn $1,5 bn • The nutricosmetics market is expected to double its size by 2012. Source: Kline & Company
  • 15. NUTRICOSMETICS MARKET IS A GROWING NICHE IN DEVELOPED MARKETS Total nutricosmetics market value by country (USD$mm) • • The nutricosmetics market is dynamically growing especially in UK, US, Germany and France. France – Inneov`s home market – shows growth potential of new, incremental skincare category across Europe benefiting from more and more popular concept of „beauty from within”. Source: Datamonitor
  • 16. MARKET OFFER IS GROWING • The market is still very fragmented with growing number of brands in mass and value segments.
  • 17. NUTRICOSMETICS FOCUS ON 3 KEY AREAS: FACE, BODY AND HAIR FACIAL SKIN CARE SUN CARE HAIR CARE BODY CARE
  • 18. NUTRICOSMETICS - EUROPE • Largely concentrated in France, Italy, Germany, UK and Spain. • Strong growth across numerous markets with UK as the most dynamically growing. • Driven by anti-aging and body care products. • Pharmacy is a key selling channel, which is considered as the most trusted intermediary. • Legal framework established under food and medicinal law, but decisions as to which applies to nutricosmetics varies by country. • Price tier: premium (20-40 EUR).
  • 20. MARKET LEADER - INNEOV FACIAL SKIN CARE •Focuses on skin firmness, which heavily depends on firmness and density of deeper skin layers •Targeted at women aged 40+ as this is a time when female skin starts loosing density and firmness due to hormonal changes •RTB: •Innovative formula incl. Lakto-Liponem active ingredients that reaches all body cells to stimulate their regeneration and protection of collagen, vit. C & soya isoflawons •83% of women noticed improvement of firmness of face and body skin •Cells regeneration +79% •Collagen production +64% •After 3 months skin is significantly firmer •Recommended as a supplement to a cream •Recommended intake 2-3 pills/day for min. 3 months
  • 21. SUCCESS OF THE INNEOV RESULTED IN COPYING THE CONCEPT BY OTHER INDUSTRIES FACIAL SKIN CARE SUN CARE HAIR CARE
  • 22. AND PRICE TIERS - MASS • Beiersdorf entered the nutricosmetics industry launching the Nivea Good-Bye Cellulite Body Beauty Program that pairs Nivea Good-bye Cellulite GelCream and new dietary supplements to deliver firmer skin in 2 weeks and reduce the appearance of cellulite in 4 weeks. • Supplement contains linoleic acid, Lcarnitine, gelatin, glycerol, mate leaf extract, soybean oil, vit. E and soy lecithin.
  • 23. AND PRICE TIERS - VALUE
  • 24. GROWTH OF NUTRICOSMETICS IS DRIVEN BY CONSUMERS` MORE HOLISTIC APPROACH TO HEALTH • Health became key purchase driver across many categories and countries. • Datamonitor reports that 76% of Europeans and US consumers is conscious of health and wellness issues on a daily basis. • 2006 Health & Food Study by Eurobarometer revealed that 43% of EU25 citizens pointed better hydration as the fourth most important behavioral change to their lifestyle and dietary habits. • Consumers perceive health and beauty as inter-related.
  • 25. AND AGING OF THE BABY BOOMERS GENERATION AS WELL AS A FEAR TOWARDS CLINICAL PROCEDURES
  • 26. ADDITIONALLY, OBP, AS A COMPLIMENTARY CATEGORY, CAPITALIZES UPON COSMECEUTICALS MARKET GROWTH Total cosmeceuticals market value by country (USD$`mm) • • Cosmeceuticals market will grow in both Europe and US. France and Spain will be the two fastest growing, European markets. Source: Datamonitor
  • 27. TO TARGET SPECIFIC CONSUMER NEEDS Why do you use cosmeceuticals? • Over 56% of consumers use cosmeceuticals to target specific skincare problem. Source: Datamonitor, Europe and US, July 2005
  • 28. RELATED TO TOOTH WHITENING, BODY CARE AND ANTI-AGING Popularity of cosmeceuticals product categories Source: Datamonitor, Europe and US, July 2005
  • 29. WITH FACIAL MOISTURIZERS AS THE BIGGEST CATEGORY BENEFITING FROM A NEED FOR LOOKING YOUNG AS LONG AS POSSIBLE Cosmeceuticals penetration of the European skincare market by product category • • Facial moisturizers will remain the biggest category with a solid growth. Although body care is the second smallest category it will experience the fastest growth. Source: Datamonitor
  • 30. CURRENT PRODUCTS DO NOT FULLY MEET THE NEED • Dissatisfaction from the current product offer creates a potential for new, more sophisticated and of higher efficacy products, such as nutricosmetics. Source: Datamonitor
  • 31. WOMEN AGED 35-64 CONSTITUTE A KEY TARGET GROUP % of consumers who are willing to buy cosmeceuticals • • Women aged 35-64 are the most health and beauty-aware. Among all age groups they spend the most time on personal care and have the lowest satisfaction with their appearance. Women aged 25-34 is the extended target group. Source: Datamonitor, Europe and US, July 2005
  • 32. THEY BUY AND USE OBPs AND COSMECEUTICALS BECAUSE PREVENTATIVE AND CORRECTIVE REASONS YOUNGER CONSUMERS (25-34) ELDER CONSUMERS (50+) PREVENT TARGET BODY CARE FACIAL CARE BODY CARE •Body modeling •Dry skin hydration •Body modeling •Body shaping •Anti-wrinkle •Body shaping •Cellulite •Skin discoloration •Cellulite •Acne FACIAL CARE •Deep lines and wrinkles •Skin discoloration •Eye shadows
  • 33. RESULTS VALIDATION IS KEY DRIVER TO WIN IN NUTRICOSMETICS • Clearly documented and independent scientific research findings should be publicized. • Endorsement of the products by doctors to increase credibility behind offer and fight consumer skepticism. • Endorsement of the products by celebrities to encourage trial/usage. • Key claims featured on product literature and/or product packaging (clinical and consumer). • Before and after shots should be used in communication to visualize the results. • Consumer product testimonials.
  • 34. INNOVATION IS ALSO CRITICAL FOR SUCCESS • True novelty e.g. Imedeen Time Perfection contains a powerful antioxidant • Active ingredients e.g. Lacto-lycopene in Inneov Fermete • New delivery systems e.g. Lipocap employed in Imedeen Tan Optimizer offers max encapsulation and protection of the active ingredients
  • 35. BUT KEEP IT SIMPLE FOR CONSUMERS • Products should not require an extra step/effort. Why? Changing of a consumer habits too much of a hurdle. Fit in current behavior to gain interest.
  • 36. NUTRICOSMETICS OFFER A GREAT OPPORTUNITY NOT ONLY FOR BEAUTY BUT ALSO FOOD, BEVERAGE AND SUPPLEMENT MANUFACTURERS • Many consumers will prefer to buy ingestible products from nutrition brands rather than cosmetics ones. • Thus, companies with established credibility in nutrition category could be successful. • Good examples of that is Inneov and Danone Essensis and Activa. • To succeed companies from different industries will merge their competences e.g. L`Oreal and Coca-Cola partnership to launch health&beauty beverage called Lumae (2008).
  • 38. NUTRICOSMETICS – PRODUCT INNOVATION • Medish tablets for oral health
  • 39. NUTRICOSMETICS – PRODUCT INNOVATION • Shiseido Collagen Update
  • 40. NUTRICOSMETICS – PRODUCT INNOVATION • Imedeen – Skin Age Minimizer
  • 41. NUTRICOSMETICS – PRODUCT INNOVATION • Doctor. Gi – Total Beauty Support
  • 42. NUTRICOSMETICS – PRODUCT INNOVATION • Kyupurun drink for soft and supple skin
  • 43. NUTRICOSMETICS – PRODUCT INNOVATION • Belly Reducing Midnight Yoghurt
  • 44. NUTRICOSMETICS – PRODUCT INNOVATION • Asashi Collagen Water
  • 45. NUTRICOSMETICS – PRODUCT INNOVATION • Asashi Collagen Water