Although the Indian market remains weighted towards basic personal care and cosmetics products, a growing and increasingly affluent middle class is behind the switch to more sophisticated products.
Symrise has partnered with a Californian producer of botanical extracts as part of plans to become the number one global supplier of green cosmetic ingredients.
Scientists in South Korea claim to have uncovered a fat molecule
with strong anti-aging potential from tests on the ability of
lipids to fight skin aging.
Having acquired Kanebo Cosmetics in 2005, the logistics operations
for the two businesses are now in the throes of a massive
integration operation as part of aims to fully synthesize the
business.
Lavender oil is a frequently used fragrance for personal care
products but as it has been linked to contact dermatitis
formulators have been known to steer clear of the ingredient.
Faces Cosmetics has appointed a new CEO for international
markets who will be charged with growing the business in
some of the world's fastest growing developing markets.
Sabinsa is looking to bringing innovation to its resveratrol manufacturing capabilities after receiving a grant from the Indian government to move ahead with two new pilot trails for both nutrition and cosmetic products.
Supplies to food and supplements makers for the fruit that packs a
powerful antioxidant punch continue to grow as Italy, the world's
largest producer of kiwis, reports strong production figures for
2007.
The FDA has agreed to evaluate an anti-wrinkle injection treatment
from France-based pharmaceutical company Ipsen which if approved
would provide a rival for Allergan's Botox.
Nu Skin claims to have identified a previously unknown cause of
skin aging that could help the company create products that fight
wrinkles before they appear.
A key market trends presentation on the global cosmetics industry
given at In-Cosmetics Amsterdam highlights the fact that continued
industry growth is likely to be driven by global marketing
campaigns that take into consideration...
Microalgae company Cyanotech will focus on marketing its
antioxidant BioAstin for the human cosmeceutical, nutraceutical and
nutritional supplement markets.
The continued growth in male grooming products, combined with the
development of emerging markets is helping to further grow the
world market for shaving products.
Although the Asia Pacific region continues to be the main launch
pad for new nutricosmetics products, latest market movements show
that the UK and US are catching up.
US consumers are becoming increasingly concerned over social and
environmental implications when choosing packaged food and beverage
brands, according to a new report by Information Resources, Inc
(IRI).
Despite significant growth in the Indian cosmetics and toiletries
market in recent years, per capita cosmetics consumption still
remains the lowest in Asia, according to the Associated Chambers of
Commerce and Industry of India (ASSOCHAM).
The highlights of 2007's anti-ageing market include an increase in
natural active ingredients, tapping into the ever growing trend for
natural and organic products.
The merger and acquisition highlights for 2007 include
consolidation in the natural and organics market, further
acquisitions by the biggest players and rumors concerning the
future ownership of Clarins and Estee Lauder.
Natural and organic Peter Rabbit baby care products are coming to
Europe as concern over the impact of certain synthetic chemicals on
children's health grows.
Mary Kay has opened a new distribution centre and
headquarters in Mexico after twenty years of trading in the country
- a move that celebrates the success of direct selling in the
emerging market.
In answer to growing consumer pressure over sustainable and
ethically sourced personal care products, Lush has teamed up with a
small soap specialist in the UK to develop what is
claimed to be the world's first palm oil-free...
The Union for Ethical BioTrade could help cosmetics companies
negotiate the regulatory 'minefield' of trading with local
producers in Africa, South America and Asia, whilst ensuring
ethical trade that benefits small scale...
Evonik Goldschmidt, previously known as Degussa Personal Care, has
released a range of plant extracts in an attempt to cash in on the
growing trend for natural cosmetics.
Industry expert Didier Rase has launched a new men's anti-ageing
skin care range, claimed to be the first to feature a plant derived
ingredient that inhibits testosterone deficiency.
The Chinese government has acted on promises to improve product
standards 'blacklisting' 10 domestically manufactured cosmetics,
according to press reports.
Wal-Mart's sustainability programme, which is forcing manufacturers
worldwide to reduce their environmental impact, has come under
heavy criticism from a coalition of international labour and
civic organisations for being "unsustainable".
Symrise is combining its plant extracts under the new product line
'Actipone', with the intention of expanding the range of natural
active ingredients designed for use in cosmetics.
Demand is growing for natural cosmetics in China, driven by a
traditional preference for natural ingredients and the fear of
toxic chemicals in consumer goods.
Kiwi fruit extract combines high essential fatty acids with
impressive antioxidant properties, representing a perfect
anti-aging ingredient both through topical application and oral
use, according to a New Zealand company.
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
Emerging markets, particularly Brazil and Russia, are becoming
increasingly open towards natural and organic cosmetics, with both
domestic and international players getting involved in the trend.
Hawaii's Cyanotech Corporation has obtained four new
structure/function claims for its Bioastin following FDA review, as
it looks to make consumers more familiar with the benefits of
astaxanthin.
L'Oreal overcame the stagnant US market and met high sales
expectations for the third quarter with the help of several product
releases including the launch of Diesel's first fragrance.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
The International Cooperation on Cosmetic Regulation (ICCR) is
calling for increased international cooperation within the
industry, in areas such as nanotechnology and alternatives to
animal testing.
Corneopeptyl™ is a new patented peptide biomimetic to the LCE6A protein, obtained by green chemistry-based synthesis. By mimicking the LCE6A protein activity,...