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Cosmeceutical Market Growing 4.6%

Sales in most developed markets to reach $42.4 billion by 2018.

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By: TOM BRANNA

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The cosmeceuticals markets in the US, UK, France, Germany, Italy, Spain and Japan was worth $30.9 billion in 2011, and is expected to reach $42.4 billion by 2018, following a CAGR of 4.6%, according to a new study by GBI Research. Presently, cosmeceutical companies rely on developed nations, but increasing wealth in emerging markets such as Latin America, China and India is expected to see products reach an even wider audience in the future. GBI notes that the market is dominated by a small...

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