"The FD&C Act defines drugs as those products that cure, treat, mitigate or prevent disease or that affect the structure or function of the human body if a product makes such claims it will be regulated as a drug. If a brand launches a product that claims to affect the structure or function of the body, the FDA would consider it to be a new drug and would require clinical trials to be done to prove its effectiveness and safety. Assuming that all of the claims from the cosmeceutical product were shown to be true in clinical studies and the product effective, the FDA would approve it -- but as a new drug. That's a pharmaceutical, not a cosmeceutical."

According to the report, Americas are Increasingly Using Cosmeceuticals is one of the primary growth factors for the market. Rising Skin Related Concern to People Around the Globe is also expected to contribute significantly to the Cosmeceuticals market. Overall, Skin Care applications of Cosmeceuticals, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Hypermarkets, is boosting the Cosmeceuticals market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Women, is boosting the Cosmeceuticals market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Cosmeceuticals market identified that the demand is rising in many different parts of the world as "Increasing Spendings of People from Developing Countries in Cosmeceuticals".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Cosmeceuticals market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cosmeceuticals market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Cosmeceuticals market size is calculated using market estimation process, the Cosmeceuticals market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cosmeceuticals market size has been validated using both top-down and bottom-up approaches.