1 joerg gruenwald ph d president waldseweg 6 13467 berlin germany tel 49 30 400 810 fax 840 email jgruenwald analyze realize com internet ww cosmeceutical market opportunities today and tomorrow in cosmetics april 14 205 cosmeceuticals14apr05 2 definition of cosmeceuticals cosmetic products that include ingredients designed not only to enhance the apearance but also have a positive physiolgical efect at celular level produce lasting past removal changes product satisfy both beauty health neds 3 history egyptians were first recognize giving properties raymond red founding member us society cheists created coseceutical concept in1961 late 70 s albert klingman reactivated interest by developing formula improve uv damaged wrinkled skin using retinoic acid category rapidly expanded 80 due alpha hydroxy acids natural fruit as exfoliants efective against wrinkles is mostly used usa japan whichever term with claims are advancing worldwide 4 synonyms