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Cosmeceuticals are cosmetic products that contain biologically active compounds claiming to have drug like benefits. They cover a variety of products used for personal care. These are commercially available as either prescription products or over-the-counter products. Cosmeceuticals are in high demand due to a shift from synthetic personal care products to organic products.
The global cosmeceutical market is on the rise owing to increase in customer consciousness regarding physical appearance. The factors that drive the market are, increase in demand of cosmeceuticals from growth in urban and middle-aged population. In addition, application of advanced technologies such as plant stem cell technology, and nanotechnology for the development of new active ingredients also propel the growth of the global cosmeceuticals market. The major restraint of this market is that FDA does not mandate clinical trials for cosmetics that lead to safety and efficacy issues related to these products. The extraction of active components from plants that exhibit anti-inflammatory, anti-allergic, anti-aging, and photo-protection properties, is the current innovation, which serves as an opportunity in this market.
The global cosmeceutical market is segmented based on application, cosmeceutical agent, distribution channel, and region. Based on application it is classified into skin care, hair care, oral care, and make-up. Based on cosmeceutical agent it is divided into vitamin, peptide, hydroxyl acid, sugar amine, ceramide, and metal. Based on distribution channels it is classified into supermarket, pharmacy, beauty salon, online retailing store, direct selling, departmental store, and others. Based on the region it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Spain, Italy, and rest of Europe), Asia-Pacific (Japan, China, Singapore, India, South Korea, and rest of Asia-Pacific) and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
The key players of global cosmeceutical market are LOral International, Beiersdorf AG, SkinCeuticals., The Procter & Gamble Company, Este Lauder Inc., Unilever, NATUMIN PHARMA AB, Robert Blondel Cosmtiques, CosMedix., and Laboratoires VIVACY.
Key Benefits
Cosmeceutical Market Report Highlights
Aspects | Details |
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By Application |
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By Cosmeceutical Agent |
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By Distribution Channel |
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By Region |
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Key Market Players | Beiersdorf AG, Este Lauder Inc., NATUMIN PHARMA AB, CosMedix., The Procter & Gamble Company, SkinCeuticals., Robert Blondel Cosmtiques, LOral International, Laboratoires VIVACY., Unilever |
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