Cosmeceuticals Market

Cosmeceuticals Market GLOBAL INDUSTRY INSIGHTS, TRENDS,
OUTLOOK, AND OPPORTUNITY ANALYSIS,
2016-2025
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Cosmeceuticals Market Overview:
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.
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.
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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.
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.
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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.
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Cosmeceuticals Market – Global Industry Insights