People magazine on Wednesday named Oscar-winning actress Gwyneth Paltrow the World’s Most Beautiful Woman of the year — a title previously held by Beyonce, Julia Roberts and Jennifer Lopez.

The 40-year-old actress is married to Coldplay frontman Chris Martin, and is a mother of two — Apple, eight, and Moses, seven.

She is now promoting Hollywood superhero blockbuster “Iron Man 3,” which is due out in the US next month.

The blonde, blue-eyed Paltrow, who took home a best actress Academy Award for her role in “Shakespeare in Love,” has in recent years taken on fewer acting projects in favor of spending more time with her children.

She also has published cookbooks, has been the face of Estee Lauder’s Pleasures perfume, and has a partnership with celebrity trainer Tracy Anderson.

“I feel very lucky that I’m no longer in my 20s,” Paltrow told People.

“Being a mother and getting to experience my life from a place of gratitude make me embrace the process of getting older and that every day is an incredible gift.”

The Los Angeles native says she is “more in proportion now than I was when I was 20, so I feel better in a bathing suit now than I did before I had kids.”

“But I think one of the most beautiful things about growing up is the self-acceptance that starts to happen,” she told the magazine.

Paltrow has also starred in “Se7en,” “The Talented Mr Ripley,” “The Royal Tenenbaums,” and “Contagion.” She also had a guest spot on the popular musical television show “Glee.”