The Universal Selection Source: Cosmetics Ingredients

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Trends in Cosmeceuticals

SpecialChem / Imogen Matthews – Mar 21, 2012

The global cosmeceuticals market was valued at US$27.2 billion in 2010, according to RNCOS, and is expected to grow at a CAGR of over 9% between 2012-14 to reach US$38.4 billion. The trend for anti-ageing skincare is fuelling this growth. The cosmeceutical market is dominated by skincare and haircare products, but injectables, tooth whitening and lip protection are growing in importance. The definitions for cosmeceuticals have become blurred with the new launches based around active ingredients. It is often referred to as “anti-ageing topicals” at medical conferences. What distinguishes cosmeceuticals is distribution, with brands sold exclusively through physicians, clinics and medical spas, not direct to the consumer {DTC} or in retail. Key cosmeceutical brands include Skinmedica, Skinceuticals, Jan Marini, Obagi Medical Products, Revaleskin, Neova, NeoStrata, Filorga and Neocutis. Another category to watch is the DTC model of highly targeted products, such as Elayda and Hydroxatone for anti-ageing and Clarifoam for acne.

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