Continued gains in cosmeceutical skin care products will cause a growth in demand for active ingredients, such as enzymes, amino acids and peptides. Natural products, botanical extracts, for example, are expected to achieve substantial growth rates, as they are increasingly incorporated into formulated products. Traditional cosmetic and toiletry chemicals, such as commodity surfactants, are likely to experience limited gains for reasons like a trend away from harsh chemicals, and the popularity of water-based formulations in skin care and hair care products.
A few segments are poised for rapid growth through 2010, including male grooming, ethnic products, anti-aging and 50-plus. Specialized facial cleansers and skin care items are providing a golden opportunity for the male grooming category. More info: www.freedoniagroup.com.
Demand for Cosmeceutical Chemicals