Bharat Book Bureau

Cosmeceuticals has 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. With the growing fascination among people to look young, global population’s increasing median age, cosmeceuticals product market is growing at a significant rate. Advancements in technology and emergence of new ingredients have further contributed to the progress in the commercialization of cosmeceutical products worldwide. In 2011, the market was estimated to reach US$ 30.5 Billion and is likely to augment at a rapid pace in the coming years growing at a CAGR of around 7.7% during 2012-2016.

To Know More : Global Cosmeceuticals Market Outlook 2016

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