Industry | 2009.11.04
Fast-Growing Cosmeceutical Industry Needs New Ingredients; Cultural, Market and Regulatory Awareness, Scientia Advisors Find
CAMBRIDGE, Mass. & PALO ALTO, Calif.--(BUSINESS WIRE)--The global market for cosmeceuticals (cosmetics offering health benefits) is growing nearly twice as fast as the overall cosmetics and toiletries market. However, in order to sustain such rapid growth, manufacturers and brand owners must fill a relentless demand for new ingredient concepts in a context of changing government regulations, market dynamics and cultural trends. So said Harry Glorikian, managing partner of the management consulti
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