Cosmeceuticals Market Size, Trends, Global Industry Analysis and Forecast to 2024

Cosmetics and pharmaceuticals together make cosmeceuticals. A cosmeceutical has the active potential ingredient to bring about visible changes to the skin, and these changes are backed by clinical indication. Cosmeceutical products are marketed as cosmetics, though they comprise biologically active ingredients that provide medicinal or drug-like properties. For example, anti-wrinkle skin creams includes ingredients such as alpha lipoic acid and dimethylaminoethanol and creams containing cellular replacement serum that claim to have anti-aging properties. The cosmetic industry coined the term, though the US FDA does not recognize the term cosmeceuticals. A cosmetic product will effectively maintain skin quality by providing somewhat temporary results. It may contain active ingredients, though concentration of these actives is usually negligible. A cosmeceutical product differs from such cosmetic products, as it has a high concentration of active ingredients and usually comprises various active ingredients. This formulation can bring about visible changes to the skin making it a results-focused product. Cosmeceutical products are restricted to professional skin care vendors where a consultation can be provided.

Request sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/221

The cosmeceuticals market includes a large category of cosmetic products that have drug-like benefits. Varity of cosmeceuticals products available in the market include lip care, skincare, tooth whitening, hair care, injectable and others. The skincare segment holds a prominent share and is followed by hair care segment. In the skincare segment, anti-ageing products are most popular and hence, gross maximum revenue.

Cosmeceuticals Market Outlook: Developed Regions Still Offer Lucrative Growth Opportunities

The global cosmeceuticals market is expected to witness strong growth over the forecast period, owing to rising consumer awareness regarding the benefits of cosmeceuticals. Among all regions, North America is projected to contribute the highest market share, followed by Europe throughout the forecast period. The well-developed healthcare infrastructure and high per capita income in the U.S., drives growth of the cosmeceuticals market size. The Asia Pacific market in cosmeceuticals is projected witness highest growth during the forecast period, due to large middle-aged population (the largest demographic group in the market) and increasing disposable income in this region. In Asia Pacific region, Japan is expected to contribute largest market share and to exhibit with highest growth, followed by China.

Increasing inclination towards maintaining personal aesthetics and increasing number of urban population together with rising consumer awareness related to benefits of cosmeceuticals

Integration of advanced technologies such as nanotechnology, plant stem cell technology, and the development of new active ingredients are spurring growth of the global cosmeceuticals market. Large middle age population and baby boomer generation are inclined towards maintaining their personal aesthetic appeal, in turn fueling growth of the global cosmeceuticals industry. Furthermore, development of new active ingredients will create opportunities for global market. A major factor that restraints growth of the cosmeceuticals market is growing consumer awareness related to harmful effects of ingredients used in cosmeceuticals.

In cosmeceuticals, only Federal Trade Commission (FTC) works to scrutinise any advertised claims of pharmaceutical products or scientific validity. Opportunities in cosmeceutical market development are those that provide protection of skin from radiation and also oxidant damage by non-irritating ingredients which improve skin appearance.

Request for complete TOC of this report @ https://www.coherentmarketinsights.com/ongoing-insight/toc/221

Cosmeceuticals Market Taxonomy

On the basis of product type, the cosmeceuticals market is classified into:

Skin Care,Hair Care,Injectable,Cosmeceuticals Products,.

On the basis of ingredient, the cosmeceuticals market is classified into:

Antioxidants,Proteins,Peptides,Botanicals,Moisturizers,.

Key players operating in the global cosmeceutical market include Croda International Plc, Bayer, Procter & Gamble, Beiersdor, Johnson & Johnson, Shiseido, Elementis, Unilever, L’Oréal, and Avon.

You may be interested

Scientists Developed Novel 3D Printed Artificial Cornea Using Stem Cells
Information Technology and Gadgets
Information Technology and Gadgets

Scientists Developed Novel 3D Printed Artificial Cornea Using Stem Cells

Mohit Joshi - September 24, 2018

Scientists from Newcastle University developed a bio-ink to 3D print human corneas, which can aid in resorting eyesight of visually impaired patients Cornea is the outermost protective…

Pharmaceutical BlendersMarket 2018 Industry Share, Size, Growth and Top Players Analysis ( GEA Process Engineering Ltd, SERVOLIFT GmbH ) Forecast 2026
Healthcare
Healthcare

Pharmaceutical BlendersMarket 2018 Industry Share, Size, Growth and Top Players Analysis ( GEA Process Engineering Ltd, SERVOLIFT GmbH ) Forecast 2026

Mohit Joshi - September 24, 2018

According to a new market research study titled Pharmaceutical Blenders Market to 2026 – Global Analysis and Forecasts by Material Composition, Industries and End Products”, The report…

Operating TableMarket 2018-2026 Global Analysis by Business Growth, Insights, Demand by Top Key Plyaers are Hill-Rome Holdings, Inc., AGA Sanittsartikel GmbH, ALVO Medical sp. z o.o., Infimed, Inc
Healthcare
Healthcare

Operating TableMarket 2018-2026 Global Analysis by Business Growth, Insights, Demand by Top Key Plyaers are Hill-Rome Holdings, Inc., AGA Sanittsartikel GmbH, ALVO Medical sp. z o.o., Infimed, Inc

Alex Mathew - September 24, 2018

According to a new market research study titled Operating Table Market to 2026 – Global Analysis and Forecasts by Material Composition, Industries and End Products”, The report…

Most from this category