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Demand for Cosmeceutical Chemicals

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By: TOM BRANNA

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Demand for cosmetic and toiletry chemicals in the U.S. is forecast to on rise 5.4% per year ultimately reaching $7.6 billion in 2010, according to Cosmetic & Toiletry Chemicals, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. Favorable trends in demographics, such as an aging and increasingly ethnically diverse population, consumer desires to offset the effects of aging and preferences for natural products are among the factors that will drive th...

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