From GlobeNewswire: 2025-06-10 09:50:00

The Functional Cosmetics Market was valued at USD 3.62 billion in 2024, expected to reach USD 5.44 billion by 2032, with a CAGR of 5.37%. Growing demand for multi-tasking products and bioactive agents, driven by consumer safety and transparency concerns. Consumers seek natural ingredients, with the US functional cosmetics market worth USD 965.42 million in 2024, projected to grow at a CAGR of 4.84% from 2025-2032. Major players include L’Oréal, Estée Lauder, and Procter & Gamble. North America dominates the market, holding a 32.7% market share in 2024, driven by regulatory adoption and innovation. Recent development includes Shin-Etsu Chemical launching new silicone ingredients for cosmetics in May 2025.



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