Freedonia In The News

Article Title: U.S. Demand for Cosmeceuticals to Reach $8.2 Billion
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Publication: GCI Global Cosmetic Industry, 10/28/2008
Freedonia Study: Cosmeceuticals (2413)

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Demand for cosmeceutical products is expected to increase 7.4% per annum to $8.2 billion by 2012, driven by an aging populace seeking to maintain the appearance of youth in an image-conscious society, according to The Freedonia Group, Inc.'s new Cosmeceuticals case study.
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Article Title: Monks put faith in wrinkle-cream to raise funds
By: Stephanie Reitz
Publication: Associated Press, 4/15/2009
Freedonia Study: Cosmeceuticals (2413)

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The Freedonia Group Inc., a Cleveland-based market research company, recently reported that the aging of baby boomers is likely to boost the market for cosmeceutical products — cosmetics with medicine-based ingredients — by more than 7 percent in the next four years. Skin care products, particularly those viewed as defying the telltale signs of aging such as wrinkles and sagging, are expected to drive the growth
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Article Title: Despite the recession, luxury items like skin care and antiaging products are becoming necessities,
By: Feliza Mirasol
Publication: ICIS, 4/14/2009
Freedonia Study: Cosmeceuticals (2413)

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Cosmeceuticals are seeing ever-growing demand Fighting to stay young 14 April 2009 17:55 [Source: ICB] Despite the recession, luxury items like skin care and antiaging products are becoming necessities, boosting product demand COSMECEUTICALS REPRESENT a booming market. Demand is expected to rise significantly over the next several years. Antiaging products are in particularly high demand, as an aging global population wants to look younger, but is going off expensive cosmetic surgery during these recessionary times. US demand for cosmeceuticals is projected to rise by 7.4%/year to $8.2bn (€6.2bn) in 2012, according to The Feedonia Group. An aging population is driving cosmeceuticals demand as it seeks to maintain a youthful appearance in an image-conscious society, says the US-based business research firm.
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