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WHAT'S NEW
The Changing Biopesticides Industry: Who to Watch and Where to Play?
In the realm of agriculture, the shift toward sustainable and eco-friendly practices is taking place slowly but surely. The biopesticides industry, at the forefront of this shift, is witnessing unprecedented growth, driven by an increasing demand for organic produce, stringent regulations on synthetic pesticides, and the global push toward environmental sustainability. This article delves into the key players shaping the biopesticides landscape and the emerging markets that are pivotal to the industry's expansion.
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New Growth Channels for Skin Care: Multi-Sites Merging Aesthetics, Health, and Healing
Professional and premium brands continue to be standouts in the U.S. skin care industry. According to Kline’s recently released Medical Dispensed Skin Care: U.S. Mid-Year 2024 Update, brands sold through med spas and physicians have grown by 8% in the first half of 2024 compared to last year. Although this marks a slowdown from 2023’s full-year results, growth remains robust. This trend is also mirrored within prestige skin care but contrasting sharply with the stagnation in the mass retail market.
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How are the EU’s New Sustainability Regulations Reshaping the Personal Care Industry?
Sustainability has emerged as a pivotal force within the personal care industry, driven by a combination of increasing consumer demand, tightening regulations, and advancements in technology. This shift toward environmental stewardship is significantly influencing market trends and the development of new products. As the preference for eco-friendly products grows among consumers, companies are increasingly motivated to integrate sustainable technologies and practices into their operations. Concurrently, the imposition of stricter regulations is steering the industry toward adopting greener processes and ingredients, thereby embedding sustainability at the core of the industry's evolution.
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