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As an industry that has multiplied in size by a factor of five over the last two decades, active ingredients remain the star performers in the overall ingredients market, which itself is one of the key growth areas for specialty chemical suppliers.
The U.S. market for I&I cleaning ingredients used in hotels, restaurants, and catering (HoReCa) is expected to flourish and serve as the industry’s bright spot over the next several years.
Europe’s Cosmetics and personal care ingredients industries are putting a face on sustainability through “upcycling” — reusing waste materials or discarded objects to transform them into more valuable products.
While the COVID-19 pandemic took a bite out of the Ingredients in Personal Care and HI&I Cleaning markets, including shutting down manufacturing operations and disrupting supply chains around the world, it also brought about some positive developments. For example, the increasing consumer focus on healthier personal care ingredients and cleaning chemicals is expected to fuel
Going “natural” isn’t as simple as it used to be in the world of cosmetics: In the past, brands only needed to claim that their products were natural and perhaps promote their packaging as environmentally friendly. And, at the time, that was enough for consumers to literally buy into their claims.
Strong GDP and Population Growth The market for personal care products in Africa is set to grow at a massive pace due to population increases. Already, the continent has the highest population growth in the world at a staggering 2.7% annually; if the trend persists, population is set to double by 2050, and Africa will be home to a quarter of the world’s population. In addition, Africa’s overall GDP increase is broadening
As COVID-19 continues to have a negative impact on the personal care industry, conditioning polymers are expected to be among the least-resilient ingredients in the category. Losses within the personal care industry are expected to vary from one product category to another. For example, demand for soaps, hand and body lotions, and hand sanitizers is expected to grow during the pandemic as the importance of hygiene increases. Similarly, demand for oral care products is not expected to be
The market of ingredients for household, industrial, and institutional (HI&I) cleaning applications is going through changes across all regions of the world. Innovation in dosage forms, increasing disposable income in developing countries, the growing importance of the green movement, and environmental regulations are some of the key trends driving those changes. Herewith, we are highlighting some insights into the Chinese market from
Biotechnology is one of the fastest-growing categories of cosmetics products in the world. In the personal care actives industry, the term “biotechnology products” indicates all products manufactured through bioprocesses, which primarily includes products produced with extracts from micro-organisms. Cosmetics companies are gradually adopting these technologies, as they offer better results on topical application and meet consumer demand for high-efficacy and natural products. Moreover, growing consumer awareness about sustainable
The market of ingredients for household, industrial, and institutional (HI&I) cleaning applications is going through changes across all regions of the world. Innovation in dosage forms, increasing disposable income in developing countries, increasing importance of the green movement, and environmental regulations are some of the key trends driving those changes. Herewith, we are highlighting some early findings from our HI&I study, scheduled to be published in Q4 2020. In this blog, we will focus
