Company News

New Study Projects 11% Annual Increase in Cosmeceuticals

Author Image

By: TOM BRANNA

Editor

Propelled by a slew of new and technologically advanced product introductions offering age-defying and other appearance-enhancing benefits for an aging population, U.S. demand for cosmeceutical products is expected to increase at a rate of 11% per year, reaching $7 billion in 2008, reported Cleveland, OH-based The Freedonia Group, Inc. The value of chemicals used in the products is expected to advance at a slightly faster pace, increasing 11.3% per year, with gains spurred by the use of new and ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters