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Demand for Cosmeceutical Chemicals To Increase

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By: TOM BRANNA

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World demand for nutraceutical chemicals is expected to grow 6.1% a year to reach $9.6 billion by 2008, according to “World nutraceuticals” by The Freedonia Group, Cleveland, OH. The U.S. is the largest market for nutraceutical products with sales of $173 billion, according to Freedonia. Other important markets are Western Europe and Japan. The fastest growing demand will come from developing nations of the Asia/Pacific, Latin America, Eastern Eur-ope and Africa/Middle East. Demand will be espe...

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