Breaking News

Cosmeceutical Product Demand Will Increase 8.5% Annually

November 14, 2005

Consumer demand for cosmeceutical products is expected to rise 8.5% a year to $5.1 billion in 2007, according to Cosmeceuticals, a study from The Freedonia Group Inc., Cleveland. The increase will be propelled by a stream of new and advanced product introductions offering age-defying and appearance-enhancing benefits for an aging populations, The Freedonia Group said.
    Skin care products (including anti-aging, acne and sun care items) will acount for almost 60% of total cosmeceuticals sales in 2007. While annual growth of 7.8% is anticipated, further gains will be restrained by price competition among over-the-counter brands.
    Professional products are expected to experience the fastest growth among cosmeceuticals, with annual gains exceeding 15%, representatives from The Freedonia Group said.
    Other cosmeceutical products expected to post double-digit gains include botanical extracts and enzymes, supported by consumer preference for natural products as well as the development of more stable, better-performing chemicals at competitive prices.
    More info: Website: www.freedoniagroup.com..

blog comments powered by Disqus
  • What’s New at La Prairie?

    What’s New at La Prairie?

    Melissa Meisel, Associate Editor||April 25, 2016
    VP of marketing shares the latest buzz with Happi.

  • Mapping Out Multicultural Beauty

    Mapping Out Multicultural Beauty

    April 25, 2016
    Agnieszka Saintemarie of Kline Group about current trends and challenges in multicultural beauty.

  • At a Loss for Curls?

    April 22, 2016
    Amplixin, a Miami-based maker of hair strengthening products, has a solution for hair loss.

  • Who Makes That?

    Who Makes That?

    Tom Branna, Editorial Director||April 1, 2016
    From concept and formulation to testing and filling, today’s contract manufacturers perform a range of services for marketers

  • Multi-Cultural Beauty Update

    Multi-Cultural Beauty Update

    Christine Esposito, Associate Editor||April 1, 2016
    Established brands and start-ups address the needs of multi-cultural beauty consumers.

  • The Scalp Microbiome

    The Scalp Microbiome

    Nava Dayan PhD, Dr. Nava Dayan LLC||April 1, 2016
    A review of recent findings and innovative approaches for treating scalp disorders.