Research and Markets - Worldwide Cosmeceuticals Market Value to Reach $2.86 Billion by 2009
DUBLIN, Ireland — Research and Markets (www.researchandmarkets.com) has announced the addition of Cosmeceuticals 2004: Anti-Aging Skincare to their offering
With over 206 million people in the aging and photodamage population worldwide, prevention of skin damage is a growing concern for many consumers. With demand for cosmeceuticals on the rise, recent trends show that more companies and products are entering the market, manufacturers are intensifying their marketing efforts, and consumers are seeking skincare treatments at a younger age as they make more sophisticated decisions.
The worldwide cosmeceuticals market is estimated at over $1.58 billion in 2004 and is expected to grow at a compound annual rate of 12.6% to reach more than $2.86 billion worldwide by 2009. Market growth is accelerating as consumers demand over the counter solutions and prescription products with better efficacy and safety profiles that meet their needs for protective anti aging and photodamage agents.
This report includes an in - depth evaluation of consumer, esthetician, and physician perspectives, an analysis of the mass, prestige, and alternative channel markets, and coverage of novel over the counter and emerging prescription ingredients. In addition, the study provides industry-wide revenue forecasts, including market share segmentation by company and distribution channels.