Global Cosmeceuticals Market Overview:
The cosmeceuticals are the combination of bioactive ingredients with pharmaceutical products, they are cosmetics products which have similar benefits as pharmaceutical products. The global cosmeceuticals market will continue to rise due to the rising demand for products to treat appearance-related health problems like skin allergies, hair-fall, etc. The increasing spendings from developing countries are increasing which contributes to the growth of the cosmeceuticals market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Americas are Increasingly Using Cosmeceuticals and Surging Production of Premium Cosmeceutical Products
Market Growth Drivers:
Rising Skin Related Concern to People Around the Globe and Increasing Demand for Overall Appearance Related Health Issues
Challenges:
High-Cost Investment in Cosmeceuticals Production
Restraints:
Allergy-Related Problems Associated with Cosmeceuticals
Opportunities:
Increasing Spendings of People from Developing Countries in Cosmeceuticals
Competitive Landscape:
Some of the key players profiled in the report are Johnson & Johnson (United States), L'Oreal S.A. (France), Bausch Health Companies Inc. (Canada), ZO Skin Health, Inc. (United States), Amorepacific Group (South Korea), La Prairie Group AG (Switzerland), Procter & Gamble Company (United States), JH Skincare Clinic (United States) and Biomylz (India). Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets will boost the Cosmeceuticals market. Considering Market by End User, the sub-segment i.e. Women will boost the Cosmeceuticals market.
"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."
What Can be Explored with the Cosmeceuticals Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cosmeceuticals Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cosmeceuticals
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cosmeceuticals market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cosmeceuticals market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cosmeceuticals Manufacturers, Cosmeceuticals International Traders, Cosmeceuticals Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.