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Our Beauty Destinations: Intelligence Center revealed a muted finish to 2022 for the mono-brand channel. Brick-and-mortar store sales for key vertically integrated retailers tracked, including Bath & Body Works and The Body Shop, collectively dropped 4% last year, as consumers curtailed their store visits and spend levels due to economic worry. Meanwhile, retailers such as
Beauty nutrition products continue to rise in popularity as consumers are exploring new ways to look and feel good, from the inside out. Such products have found homes in all channels of distribution—offline and online—in the United States, and their sales are projected to increase at a CAGR of 9% through 2025, according to our research.
While prevention and boosting immunity have always been important tools in self–care, since the COVID-19 pandemic started in the United States in March 2020, consumers have wholeheartedly embraced using various vitamins, minerals, herbs, and other products to ward off illness and help support their immune systems. Immune support products can span multiple product types but typically include one or more of the following:
