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Anti-aging Market Trending Across the Globe; Novel anti-aging treatments and Products are Evolving
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The global anti-aging market is growing at a CAGR of 7.8% between 2013 and 2019. With the market’s value being 122.3 billion in 2013, it is expected to reach US$191.7 billion by the end of 2019. Statistics regarding the same have been provided in a research report by Transparency Market Research (TMR), titled “Anti-aging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, on sale on TMR’s website.
Anti-aging market can also besegmented on the basis of age demographics such as baby boomers, generation X and generation Y. Baby boomers are observed to the major target for anti-aging industry as this generation is aging and have high disposable income. According to a statistical data, 44% of US population is of Baby Boomers and 70% of US’s disposable income is owned by Baby boomers. It was also observed that baby boomers and generation X are the most aware and potential customers for anti-aging market. This age group is investing more into anti-aging products market as they have already crossed 50years and now expect to delay or mask the aging signs whereas generation X is investing more in anti-aging services market to maintain their appearance as they have reached in their forties.
Browse Report: http://www.transparencymarketresearch.com/anti-aging-market.html
The report displays data gathered about the global anti-aging market with regard to market trends, geography, revenue streams, and others.According to the report, the global anti-aging market is being driven primarily by the rise in the aging population in the world, especially the nations that hold majorities of the baby boomer population. The population comprises individuals that have, for long periods, been concerned with physical health and beauty.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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