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U.S. Demand For Cosmeceuticals To Exceed

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By: TOM BRANNA

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● Demand for cosmeceutical products is expected to increase 8.5% per year to over $8 billion in 2010, propelled by a stream of new and technologically advanced product introductions offering age-defying and other appearance-enhancing benefits for an aging population, according to Cosmeceuticals, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. Cosmeceutical products face intense pricing competition due to the growing market penetration of private label...

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