Cosmeceutical Market Scope And Overview:

The Cosmeceutical Market size was valued USD 56.80 billion in 2022 and is expected to reach USD 114.34 billion by 2030 and grow at a CAGR of 8.9% over the forecast period of 2023-2030.

Cosmetic formulas with bioactive components that are well-known for their therapeutic uses are called cosmeceuticals. The rise in the prevalence of skin disorders globally and dermatologists' preference for prescribing these products over alternative treatments are expected to fuel the demand for these products and sustain the growth of the cosmeceuticals market.

Cosmeceutical Market Revenue Analysis

In 2022, a report released by MDPI stated that 40% of all dermatological prescriptions worldwide were for cosmeceuticals. The market is anticipated to grow as a result of the notable increase in prescriptions for cosmeceuticals and the rising number of companies offering essential products for these conditions.



  • Raising the consciousness of consumers

Customers are looking for skincare products that provide targeted solutions for particular skin concerns as they are growing more informed about the benefits of skincare ingredients. Cosmetic buyers give careful thought to a number of marketing mix factors, such as product quality, brand, price, advertising, availability, prior purchase history, and packaging.

  • Inventiveness and Advanced Research

The cosmeceuticals market is always changing as a result of businesses making significant investments in R&D to produce novel and inventive goods that provide more precise and efficient treatments for particular skin conditions.


  • High Cost of Products

The rising price of goods from many well-known brands has resulted in the original products being counterfeited. There exist lower-quality alternatives bearing the same brand name in the market. As a result, consumers may become less interested in reliable brands, and the reputation of the company may suffer.


  • Growth in Income in Developing Nations

The proliferation of cosmetic products has been made possible by rising incomes in emerging economies. Leading businesses in nations like India, China, Japan, Thailand, etc. have opened doors for the market's expansion by introducing new products.


  • Obstacles relating to regulations & Lack of standardization

 The cosmeceuticals sector is governed by a complicated network of laws that differ by nation and area. These rules can be costly and time-consuming to follow, and they may make it harder for new businesses to get established.

The term "cosmeceutical" has no accepted definition, which can be confusing to customers and make it challenging to compare products.

  • High cost of research and development

In order to demonstrate the safety and effectiveness of cosmetics, a great deal of research and development is needed. This can be costly and time-consuming, which makes it harder for small businesses to compete with more well-known, bigger brands.

Impact of ongoing Recession

The cosmetics industry has experienced significant growth and international market expansion during the economic downturn. Compared to other products consumed during the economic downturn, it produces a different outcome. Despite the challenging economic conditions and declining per capita income, the demand for cosmetics is still rising. The manufacturers of cosmetics have faced numerous challenges as they have expanded into foreign markets, which are predicted to be lucrative in the future.


Due to additional disruptions to the supply chains for beauty products caused by Russia's invasion of Ukraine, manufacturers of cosmetics are facing shortages of paper, glass, and some essential oils and alcohols, which is driving up prices despite strong demand. Similar to the food industry, the $500 billion global cosmetics market is suffering from the war's aftermath since manufacturers use sunflower-seed oils and alcohol made from organic beets and grains to make cosmetics and perfumes, all important crops grown in Ukraine.


Based on Product Type

  • Skin Care

    • Anti-aging

    • Anti-acne

    • Sun Protection

    • Moisturizers

    • Other Skin Care Product Types

  • Hair Care

    • Shampoos and Conditioners

    • Hair Colorants and Dyes

    • Other Hair Care Product Types

  • Lip Care

  • Oral Care

 Based on Distribution channel

  • Supermarkets and Specialty Stores

  • Online Platform

 Based on ingredients

  • Sunscreens

  • Antioxidants

  • Hydroxy acids

  • Retinoids

  • Skin lightening agents

  • Botanicals

  • Peptides and Proteins

Cosmeceutical Market Segmentation Analysis

Regional Coverage

North America

  • US

  • Canada

  • Mexico


  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America


The global market was dominated by Asia Pacific. The market's expansion can be attributed to the players' growing emphasis on strategic alliances, their attention being drawn to new product launches, and their increasing investments in digital infrastructure to enhance product distribution and appeal. Additionally, one of the main reasons propelling the growth of the Asia-Pacific market is the growing population and increased public awareness of these products.

North America held the second-largest market share worldwide. The region's growing use of cutting-edge dermatology products and the prevalence of a sizable patient population with dermatological conditions like eczema and melanoma are both credited with this growth. Furthermore, it is projected that a rise in dermatological procedures, including non-surgical cosmetic procedures, will increase demand for cosmeceutical products. This element will support the expansion of the local markets.

The growing popularity of innovative cosmeceutical products and the escalating incidence of skin disorders like acne have resulted in Europe holding a substantial portion of the market. Also, it is anticipated that the expansion of the distribution networks of the major market players in the region will support the growth of the regional market by meeting the growing demand for their products.

Key Players

Some of the major key players of cosmeceuticals market are Johnson & Johnson, Avon Products Inc, Croda International plc , Procter & Gamble, Estée Lauder Inc, Beiersdorf , L’Oréal Group, Shiseido, Allergan and other players.

Johnson & Johnson-Company Financial Analysis

Company Landscape Analysis


A.S Watson Group and Shiseido announced a partnership to launch a new skincare brand that offers recommendations based on the unique needs of each customer.

Seed Phytonutrients is a new skincare product line that L’Oreal announced. The products are aimed at consumers who care about the environment and are made with organic ingredients and sustainable packaging.

Cosmeceuticals Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 56.80 Billion
Market Size by 2030  US$ 114.34 Billion
CAGR   CAGR of 8.9 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product type (Skin Care, Hair Care, Lip Care, Oral Care)
• By Distribution channel(Supermarkets and Specialty Stores, Online Platform)
• By ingredients(Sunscreens, Antioxidants, Hydroxy acids, Retinoids, Skin lightening agents, Botanicals, Peptides and Proteins)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Johnson & Johnson, Avon Products Inc, Croda International plc , Procter & Gamble, Estée Lauder Inc, Beiersdorf , L’Oréal Group, Shiseido, Allergan
Key Drivers • Raising the consciousness of consumers
• Inventiveness and Advanced Research
Market Opportunities • Growth in Income in Developing Nations


Frequently Asked Questions

Ans: The cosmeceutical market size was valued USD 56.80 billion in 2022 and is expected to reach USD 114.34 billion by 2030.

Ans: The cosmeceuticals market will register growth rate of and grow at a CAGR of 8.9% over the forecast period of 2023-2030.

Ans: Cosmeceutical products contain both cosmetic and medicinal properties, are intended to have a beneficial effect on skin health and beauty, and are similar to cosmetics.

Ans: Cosmetics temporarily treat the skin, while cosmeceuticals treat the root cause of the skin concern, giving you permanent results.

Ans: Yes, cosmeceuticals have pharmaceutical benefits.


1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Cosmeceuticals  Market Segmentation by Product Type
8.1Skin Care
8.1.3Sun Protection
8.1.5Other Skin Care Product Types
8.2Hair Care
8.2.1Shampoos and Conditioners
8.2.2Hair Colorants and Dyes
8.2.3Other Hair Care Product Types
8.3 Lip Care
8.4 Oral Care

9. Cosmeceuticals  Market Segmentation by Distribution channel
9.1 Supermarkets and Specialty Stores
9.2 Online Platform

10.Cosmeceuticals  Market Segmentation by ingredients
10.3Hydroxy acids
10.5Skin lightening agents
10.7Peptides and Proteins

11.Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Cosmeceuticals  Market by Country
11.2.2 North America Cosmeceuticals Market by Product Type
11.2.3 North America Cosmeceuticals  Market by distribution channel
11.2.4 North America Cosmeceuticals Market by ingredients
11.2.4 USA USA Cosmeceuticals  Market by Product type USA Cosmeceuticals  Market by distribution channel USA Cosmeceuticals Market by ingredients
11.2.5 Canada Canada Cosmeceuticals Market by product type Canada Cosmeceuticals Market by distribution channel Canada Cosmeceuticals Market by ingredients
11.2.6 Mexico Mexico cosmeceuticals Market by product type Mexico Cosmeceuticals Market by distribution channel Mexico Cosmeceuticals Market by ingredients
11.3 Europe
11.3.1 Eastern Europe Eastern Europe Cosmeceuticals  Market by Country Eastern Europe Cosmeceuticals  Market by product type Eastern Europe Cosmeceuticals  Market by distribution channel Eastern Europe Cosmeceuticals Market by ingredients Poland Poland Cosmeceuticals  Market by Product Type Poland Cosmeceuticals  Market by distribution channel Poland Cosmeceuticals Market by ingredients Romania Romania Cosmeceuticals  Market by Product Type Romania Cosmeceuticals  Market by distribution channel Romania Cosmeceuticals Market by ingredients Hungary Hungary Cosmeceuticals  Market by Product Type Hungary Cosmeceuticals  Market by distribution channel Hungary Cosmeceuticals  Market by ingredients Turkey Turkey Cosmeceuticals  by product type Turkey Cosmeceuticals  Market by distribution channel Turkey Cosmeceuticals Market by ingredients Rest of Eastern Europe Rest of Eastern Europe Cosmeceuticals  Market by product type Rest of Eastern Europe Cosmeceuticals  Market by distribution channel Rest of Eastern Europe Cosmeceuticals Market by ingredients
11.3.2 Western Europe Western Europe Cosmeceuticals  Market by Country Western Europe Cosmeceuticals  Market by product type Western Europe Cosmeceuticals  Market by distribution channel Western Europe Cosmeceuticals Market by ingredients Germany Germany Cosmeceuticals  Market by product type Germany Cosmeceuticals  Market by distribution channel Germany Cosmeceuticals Market by ingredients France France Cosmeceuticals  Market by product type France Cosmeceuticals  Market by distribution channel France Cosmeceuticals Market by ingredients UK UK Cosmeceuticals  Market by Product Type UK Cosmeceuticals  Market by distribution channel UK Cosmeceuticals Market by ingredients Italy Italy Cosmeceuticals  Market by Product Type Italy Cosmeceuticals  Market by distribution channel Italy Cosmeceuticals Market by ingredients Spain Spain Cosmeceuticals  Market by Product Type Spain Cosmeceuticals  Market by distribution channel Spain Cosmeceuticals Market by ingredients Netherlands Netherlands Cosmeceuticals  Market by Product Type Netherlands Cosmeceuticals  Market by distribution channel Netherlands Cosmeceuticals Market by ingredients Switzerland Switzerland Cosmeceuticals  Market by Product Type Switzerland Cosmeceuticals  Market by distribution channel Switzerland Cosmeceuticals  Market by ingredients Austria Austria Cosmeceuticals  Market by Product Type Austria Cosmeceuticals  Market by distribution channel Austria Cosmeceuticals Market by ingredients Rest of Western Europe Rest of Western Europe Cosmeceuticals  Market by Product Type Rest of Western Europe Cosmeceuticals  Market by distribution channel Rest of Western Europe Cosmeceuticals Market by ingredients
11.4 Asia-Pacific
11.4.1 Asia Pacific Cosmeceuticals  Market by Country
11.4.2 Asia Pacific Cosmeceuticals  Market by Product Type
11.4.3 Asia Pacific Cosmeceuticals  Market by distribution channel
11.4.4 Asia-Pacific Blood Transfusion Diagnostics Market by Test Type
11.4.4 China China Cosmeceuticals  Market by product type China Cosmeceuticals  Market by distribution channel China Cosmeceuticals Market by ingredients
11.4.5 India India Cosmeceuticals  Market by Product Type India Cosmeceuticals  Market by distribution channel India Cosmeceuticals Market by ingredients
11.4.6 Japan Japan Cosmeceuticals  Market by product type Japan Cosmeceuticals  Market by distribution channel Japan Cosmeceuticals Market by ingredients
11.4.7 South Korea South Korea Cosmeceuticals  Market by product type South Korea Cosmeceuticals  Market by distribution channel South Korea Cosmeceuticals Market by ingredients
11.4.8 Vietnam Vietnam Cosmeceuticals  Market by product type Vietnam Cosmeceuticals  Market by distribution channel Vietnam Cosmeceuticals  Market by ingredients
11.4.9 Singapore Singapore Cosmeceuticals  Market by product type Singapore Cosmeceuticals  Market by distribution channel Singapore Cosmeceuticals Market by ingredients
11.4.10 Australia Australia Cosmeceuticals  Market by Product type Australia Cosmeceuticals  Market by distribution channel Australia Cosmeceuticals Market by ingredients
11.4.11 Rest of Asia-Pacific Rest of Asia-Pacific Cosmeceuticals  Market by product type Rest of Asia-Pacific Cosmeceuticals  Market by distribution channel Rest of Asia-Pacific Cosmeceuticals Market by ingredients
11.5 Middle East & Africa
11.5.1 Middle East Middle East Cosmeceuticals  Market by Country Middle East Cosmeceuticals  Market by product type Middle East Cosmeceuticals  Market by distribution channel Middle East Cosmeceuticals  Market by ingredients UAE UAE Cosmeceuticals  Market by product type UAE Cosmeceuticals  Market by distribution channel UAE Cosmeceuticals  Market by ingredients Egypt Egypt Cosmeceuticals  Market by product type Egypt Cosmeceuticals  Market by distribution channel Egypt Cosmeceuticals Market by ingredients Saudi Arabia Saudi Arabia Cosmeceuticals  Market by product type Saudi Arabia Cosmeceuticals  Market by distribution channel Saudi Arabia Cosmeceuticals Market by ingredients Qatar Qatar Cosmeceuticals  Market by product type Qatar Cosmeceuticals  Market by distribution channel Qatar Cosmeceuticals Market by ingredients Rest of Middle East Rest of Middle East Cosmeceuticals  Market by product type Rest of Middle East Cosmeceuticals  Market by distribution channel Rest of Middle East Cosmeceutical Market by ingredients
11.5.2 Africa Africa Cosmeceuticals  Market by Country Africa Cosmeceuticals  Market by product type Africa Cosmeceuticals  Market by distribution channel Africa Cosmeceuticals  Market by ingredients Nigeria Nigeria Cosmeceuticals  Market by Product Type Nigeria Cosmeceuticals  Market by distribution channel Nigeria Cosmeceuticals  Market by ingredients South Africa South Africa Cosmeceuticals  Market by Product Type South Africa Cosmeceuticals  Market by distribution channel South Africa Cosmeceuticals  Market by ingredients Rest of Africa Rest of Africa Cosmeceuticals  Market by Product Type Rest of Africa Cosmeceuticals  Market by distribution channel Rest of Africa Cosmeceuticals  Market by ingredients
11.6 Latin America
11.6.1 Latin America Cosmeceuticals  Market by Country
11.6.2 Latin America Cosmeceuticals  Market by Product Type
11.6.3 Latin America Cosmeceuticals  Market by distribution channel
11.6.4 Latin America Cosmeceuticals Market by ingredients
11.6.4 Brazil Brazil Cosmeceuticals  Market by Product Type Brazil Cosmeceuticals  Market by distribution channel Brazil Cosmeceuticals  Market by ingredients
11.6.5 Argentina Argentina Cosmeceuticals  Market by Product Type Argentina Cosmeceuticals  Market by distribution channel Argentina Cosmeceuticals by ingredients
11.6.6 Colombia Colombia Cosmeceuticals  Market by Product Type Colombia Cosmeceuticals  Market by distribution channel Colombia Cosmeceuticals  Market by ingredients
11.6.7 Rest of Latin America Rest of Latin America Cosmeceuticals  Market by Product Type Rest of Latin America Cosmeceuticals  Market by distribution channel Rest of Latin America Cosmeceuticals by ingredients

12. Company Profile
12.1 Johnson and Johnson
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product/Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 L'Oreal
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Procter and gamble
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Unilever
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Estee Lauder
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Avon
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Croda International plc
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Estée Lauder Inc
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Beiersdorf
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/ Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. USE Cases and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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