Cosmeceutical Forecast: $5 Billion by 2007
CLEVELAND--In a new industry study, "Cosmeceuticals: Forecasts to 2007 and 2012," the Freedonia Group reported the demand for cosmeceutical products will record strong gains of 8 percent per year through 2007. U.S. demand will reach $5 billion in four years, propelled mainly by the anti-aging market. The report, which also includes historical data for 1992, 1997 and 2002, is available through www.freedoniagroup.com.