North America Cosmeceuticals Market

North America Cosmeceuticals Market Overview:

The North America cosmeceuticals market size reached USD 16.60 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 29.96 Billion by 2033, exhibiting a growth rate (CAGR) of 6.80% during 2025-2033. The market is driven by increasing consumer awareness of skincare benefits, aging populations seeking anti-aging solutions, and demand for science-backed, high-efficacy products. Rising preference for clean, sustainable, and natural formulations, coupled with advancements in cosmetic science and digital marketing, further propels market growth.

North America Cosmeceuticals Market Trends:

Rising Demand for Anti-Aging and Skin Rejuvenation Products

The increasing demand for anti-aging and skin rejuvenation products is significantly supporting the North America cosmeceuticals market growth. As the population ages, more so with the baby boomer generation reaching their older years, there is increased emphasis on keeping skin young and healthy-looking. Consumers want latest-generation formulations that have both cosmetic and pharmaceutical benefits, including peptides, retinoids, and hyaluronic acid, to smooth out wrinkles, increase skin elasticity, and promote overall skin texture. Moreover, the increasing popularity of preventive skincare practices among younger consumers is also driving the trend further. Companies are making their products innovative with science-recommended ingredients and making use of digital media marketing to inform buyers about the effectiveness of their product. The trend towards clean, sustainable, and clinically supported cosmeceuticals is also driving purchase decisions. This can be substantiated by a recent finding from an industry recent report which indicates that 68% of consumers currently place a high priority on clean-label skin care products, with 41% of them being influenced by social media.

Increasing Popularity of Clean and Sustainable Cosmeceuticals

Sustainability and clean beauty are reshaping the North America cosmeceuticals market share, as consumers become more conscious of the environmental and health impacts of their skincare choices. More consumers are leaning towards chemical-free, paraben-free, and synthetic fragrance-free products, making clean, pure, natural, and sustainably sourced ingredients a priority. In response to this, brands are widely adopting sustainable packaging, reducing carbon footprints, and earning cruelty-free and vegan certifications. This is encouraging innovation in product development and encouraging companies to align with broader sustainability goals. Notably, on 30th January 2025, TRI-K launched OleaClear Olive Squalane, a sustainable emollient derived from plants, designed to provide deep hydration and moisture retention in skincare products such as creams and lipsticks. This lightweight and biodegradable ingredient features a natural origin index of 1, is free from palm oil, and adheres to clean beauty standards, holding certifications including COSMOS, REACH, as well as compliance with vegan, halal, and kosher guidelines. As a result, clean and sustainable cosmeceuticals are becoming a key differentiator in the North America cosmeceuticals market outlook.

North America Cosmeceuticals Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product type and distribution channels.

Product Type Insights:

• Skin Care
  • Anti-Aging
  • Anti-Acne
  • Sun Protection
  • Moisturizers
  • Others
• Hair Care
  • Hair Fall
  • Anti-Dandruff
  • Hair Colorants
  • Others
• Oral Care
• Others

The report has provided a detailed breakup and analysis of the market based on the product type. This includes skin care (anti-aging, anti-acne, sun protection, moisturizers, and others), hair care (hair fall, anti-dandruff, hair colorants, and others), oral care, and others.

Distribution Channels Insights:

• Hypermarkets and Supermarkets
• Convenience Stores
• Online Stores
• Specialty Stores
• Others

A detailed breakup and analysis of the market based on the distribution channels have also been provided in the report. This includes hypermarkets and supermarkets, convenience stores, online stores, specialty stores, and others.

Country Insights:

• United States
• Canada

The report has also provided a comprehensive analysis of all the major regional markets, which include United States and Canada.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

North America Cosmeceuticals Market News:

• December 3, 2024: K-beauty brand MDP+, a subsidiary of Medipeel, expanded its presence in the United States by introducing four new cosmeceutical products. These include a vegan hyaluronic acid sunscreen and a peptide-infused plumping mask, which increases its total product range to 13. The brand, which is available in more than 75 countries, emphasizes high-performance dermatological skincare with clinically validated outcomes, addressing the rising demand for collagen and peptide-based solutions in the U.S.
• June 30, 2024: Hugel Inc. formed a partnership with BENEV Company Inc. to penetrate the U.S. market by introducing its botulinum toxin product, Letybo. This collaboration capitalizes on BENEV's proficiency in cosmeceuticals and medical aesthetics. The objective of this alliance is to secure a 10% share of the U.S. market within a three-year timeframe, merging Hugel's successful global toxin business with BENEV's impressive annual growth rate of 117% in the medical aesthetics industry.
• March 07, 2024: Obagi Cosmeceuticals, a division of Waldencast plc, introduced the Daily Hydro-Drops Rejuvenating Eye Gel Cream, a medical-grade skincare solution aimed at hydrating, brightening, and alleviating puffiness in the eye area. Priced at USD 75, it will be accessible through physician channels and on Obagi.com starting March 21st. This product has undergone clinical testing and incorporates Niacinamide and Isoplentix technology, with all participants experiencing immediate hydration and 89% observing a decrease in dryness after one week of application.

North America Cosmeceuticals Market Report Coverage:

Key Questions Answered in This Report:

• How has the North America cosmeceuticals market performed so far and how will it perform in the coming years?
• What is the breakup of the North America cosmeceuticals market on the basis of product type?
• What is the breakup of the North America cosmeceuticals market on the basis of distribution channels?
• What are the various stages in the value chain of the North America cosmeceuticals market? 
• What are the key driving factors and challenges in the North America cosmeceuticals?
• What is the structure of the North America cosmeceuticals market and who are the key players?
• What is the degree of competition in the North America cosmeceuticals market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the North America cosmeceuticals market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the North America cosmeceuticals market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the North America cosmeceuticals industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.