Cosmeceuticals Market is poised for steady growth in the developed countries of Europe and North America

The cosmeceuticals market study pertains to the growing category of cosmetic products that deliver drug-like benefits. These products represent one of the fastest growing markets within the personal care and cosmetics industry. The global cosmeceuticals market research report estimates the overall value of this segment within the larger cosmetic products and personal care industry. The report further provides a complete review of market trends, growth factors, barriers to growth, and new opportunities that can be monetized in both developed and established markets. Common ingredients widely used in the cosmeceuticals sector are analyzed in detail report.

The report features a lowdown on the regulatory landscape and how this will affect growth in regional as well as global cosmeceuticals market. The Company Profiles section in this market research report is entirely dedicated to profiling leading companies in the cosmeceuticals industry. This section gives you access to the product pipelines, revenues, recent developments, and strengths and weaknesses of these companies to keep you abreast of your competitive landscape.

The report studies the global cosmeceuticals market based on product type, chemicals, and geography. The cosmeceuticals market draws on technologically sophisticated formulations from the pharmaceuticals sector. However, it is not as stringently regulated as the latter, making it easier for companies to introduce new products into the market.

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With its incisive insights and data based on primary and secondary research efforts, this report effectively supplements the decisions of key personnel associated with manufacturers, suppliers, distributors in the global cosmeceuticals market.

Overview of the global cosmeceuticals market

Cosmeceuticals are a class of cosmetics claimed to possess medicinal properties. The global cosmeceuticals market is poised for steady growth in the developed countries of Europe and North America. But, it is anticipated to expand at a much faster pace in the Asia Pacific region. In the developed European economies of the United Kingdom, France, Germany, The Netherlands and others, the obsession with looking young is the greatest driver of growth. The relatively high per capita income here makes it possible for consumers to spend on cosmeceuticals. Moreover, marketing activities by cosmeceutical companies are highly concentrated in Europe and the U.S.

However, cosmeceutical brands are increasingly making headway in the Asia Pacific region where the e-commerce boom has given consumers easy access to world-class cosmeceutical name brands and the disposable incomes of consumers are on the rise. The emergence of an affluent middle class with a taste for luxurious products in countries such as China, India, Russia, and Brazil will fuel the growth of the cosmeceuticals market.

The report segments the cosmeceuticals market by product type as: hair care products, skin care products, age-defying products, cosmetics and toiletries, injectable cosmeceuticals, tissue fillers, and lip care products.

The cosmeceutical market can also be segmented by chemicals used as: botanicals, antioxidants, enzymes, proteins, and alpha hydroxy acids. The antioxidants segment is among the strongest in the global market for cosmeceuticals by ingredients.

Developed countries with a high population share of Baby Boomers are a high-potential market for cosmeceutical companies. People from this generation are over 60 years of age, and are thus spending extensively on maintaining a youthful appearance by using or consuming cosmeceutical products.

Companies mentioned in the cosmeceuticals market research report

The report profiles leading cosmeceutical companies such as: Procter & Gamble, Unilever Group, Allergan Inc., BASF SE, Arch Chemicals, Colgate-Palmolive, and Croda International.

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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