Market Size of North America Cosmeceutical Products Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.24 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Cosmeceuticals Market Analysis
North America Cosmeceutical Products Market is forecasted to reach USD 18 billion by 2025 growing at a CAGR of 8.24% during the forecast period.
- The aging population was one of the primary factors driving the growth of the cosmeceuticals market in the recent past. Over the past two decades, declining fertility and mortality rate have resulted in a sustained rise in the aging population, globally.
- People are living longer because of better nutrition, healthcare, education, and economic well-being. The strong desire among men and women to retain youthful appearances have groomed and nurtured the cosmetic industry, worldwide.
- Rapidly aging demographics has led torobust demand for anti-aging products, in order to prevent wrinkles, age spots, dry skin, uneven skin tone, and even hair damages, creating room for new innovations in cosmetics, thus, boosting the industry growth.
