Reportlinker.com

U.S. Cosmeceuticals Market to Approach $12 Billion in 2016

Though cosmeceutical sales suffered during the recession, their “little luxury” appeal and ability to deliver curative, cosmetic and preventative benefits at an affordable cost is contributing to a market rebound amounting to 2% growth in 2010 and 4% growth in 2011, according to a new report from Reportlinker.com (www.reportlinker.com). This upswing puts United States retail sales of cosmeceuticals at $9.7 billion in 2011, with ongoing annual sales gains expected to boost the market to $11.7 billion by 2016.