Cosmeceuticals and Cosmetic Industry
Cosmeceuticals are cosmetic products with bioactive ingredients purported to have medical benefits. The name is a combination of "cosmetics" and "pharmaceuticals".
"Nutricosmetics" are related dietary supplement or food or beverage products with additives that are marketed as having medical benefits that affect appearance.
The cosmetic industry is dominated by a small number of multinational corporations that originated in the early 20th century, but the distribution and sale of cosmetics is spread among a wide range of different businesses.
Cosmetic sales in France reached €6.5 billion in 2006, according to FIPAR. France is another country in which the cosmetic industry plays an important role, both nationally and internationally. According to data from 2008, the cosmetic industry has grown constantly in France for 40 consecutive years. In 2006, this industrial sector reached a record level of €6.5 billion.
In Germany, the cosmetic industry generated €12.6 billion of retail sales in 2008, which makes the German cosmetic industry the third largest in the world, after Japan and the United States.
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