LONDON, Nov. 17, 2015 /PRNewswire/ -- Cosmeceuticals have become the fastest growing segment of the Cosmetics and Personal Care Industry. These products are described as cosmetic products with drug-like benefits and are the recent addition to the Cosmetics Industry. For centuries, cosmetics have been used to increase the overall appearance of the user. Over time it appeared that these products could serve another purpose. Rather than covering up imperfections or addressing only the symptoms of an issue, attention has shifted towards resolving the root cause of the issue through the use of pharmacology in conjunction with cosmetics. It is anticipated that the global cosmeceuticals market will grow at a CAGR of around 9% during 2015-2020.
The report, "Global Cosmeceuticals Market Outlook 2020", provides an insight into more such trends in the coming few years which will help revolutionize the perception about cosmeceuticals. The global cosmeceutical market will witness the emergence of various new trends around the world. The rising rate at which cosmeceuticals are being adopted is fueling the demand for natural active ingredients, paving way for plant stem cells.
As per our study, we found that skin care is the biggest market segment of the cosmeceutical industry. Also, anti-aging cream holds huge potential for the industry players. Thus, we have provided the market of different segments i.e. skincare, hair care, injectable and other cosmeceutical products till 2020. These segments have been further broken into sub-segments such as antiaging, anti-acne, sun protection, etc.
Our report also provides region-wise breakup. According to our research, the Asia-Pacific region is growing at a rapid pace, providing ample opportunities for the players in this region. Thus, we have provided the insights about cosmeceutical markets in different countries such as U.S., India, Japan, etc.
Additionally, the report provides information regarding different active ingredients used in this industry such as, antioxidants, enzymes, peptides etc. It also features a competitive landscape with profiling of major players in the cosmeceutical market. The section covers a brief business overview and the key developments of the companies to track the latest industry activities of the players. Overall, the report is intended to provide clients with an optimum source of knowledge and statistics related to the cosmeceuticals market worldwide.
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