Market Updates Cosmeceuticals Market Analysis by 2021

Cosmeceuticals Market Is Expected To Expand
Globally During the Forecast Period 2021
“The rising desire of consumers to maintain healthy
skin without using chemicals and harmful
ingredients
drives
the
market
growth.
Cosmeceuticals revolutionized the cosmetic and
personal care industry by introducing cosmetics with
medicinal values. These products are expected to
solve the skin problems rather than just covering
them up. ”
The Global Cosmeceuticals Market is expected to witness significant demand over the forecast period. The rising desire
of consumers to maintain healthy skin without using chemicals and harmful ingredients drives the market growth.
Cosmeceuticals revolutionized the cosmetic and personal care industry by introducing cosmetics with medicinal
values. These products are expected to solve the skin problems rather than just covering them up. Increasing
penetration of cosmeceuticals in emerging economies is expected to steer the industry over the next seven years. The
increasing disposable income of the consumers and expansion of per person health expenditure has escalated the
market growth. Cosmeceuticals are in particular cosmetic-pharmaceutical hybrid products intended to enhance the
beauty by providing additional health-related function or benefit through its ingredients. They are applied as basic
cosmetics, but consists of ingredients that impact the skin's biological function.
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