A quick cosmeceutical reference

October 3, 2018

The worldwide cosmeceutical market’s growth rate is surging ahead of other product categories in the personal care and cosmetics industry and is expected to maintain a robust growth in the coming years, according to the “Cosmeceuticals Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” report by Transparency Market Research1. 
Yet, here in the United States, the word cosmeceutical is meaningless under the law, according to the FDA. Cosmeceutical, the term the cosmetic industry uses to describe cosmetics that have medicinal or drug-like benefits, is not recognized by the Federal Food, Drug, and Cosmetic Act2. 
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