This review article provides a comprehensive overview of the evolving field of cosmeceuticals, focusing on recent advancements and scientific developments. Cosmeceuticals, a portmanteau of cosmetics and pharmaceuticals, represent a category of products that merge cosmetic and therapeutic benefits. The article explores the intersection of dermatology, pharmaceuticals, and cosmetics, highlighting key ingredients, formulations, and technologies driving innovation in the cosmeceutical industry. The review delves into the historical perspective which tells about the evolution of cosmetics with time, scientific basis behind various cosmeceutical components, such as peptides, antioxidants, retinoids, and growth factors, elucidating their mechanisms of action and clinical efficacy. It examines the controversies and limitations in cosmeceutical research. Furthermore, the article talks about safety considerations in cosmeceutical about symptoms caused by causative component and chemical present in various products and it also talks about various test to remove the problem. Active ingredients used in preparation of cosmetics and about their benefits and side-effects. Then there is a discussion about different types of formulation techniques in cosmeceutical emerging trends in cosmeceutical research, including the integration of nanotechnology, personalized skincare, and the utilization of natural extracts. The review critically evaluates the efficacy and safety of these novel approaches, offering insights into their potential impact on the future landscape of cosmeceuticals. In addition to scientific considerations, the review discusses regulatory aspects and challenges associated with cosmeceutical development. It explores the role of novel delivery system, regulatory agencies of other countries overseeing their products and ensuring consumer safety, emphasizing the importance of transparent labeling and evidence-based claims. It also talks about efficacy and clinical evidence of different components. Overall, this review provides a comprehensive and up-to-date analysis of cosmeceuticals, offering valuable insights for researchers, clinicians, and industry professionals involved in the development and utilization of these multifaceted skincare products.