Data from the market intelligence company Mintel’s Global New Product’s Database (GNPD) showed that between January and May 2024, less than half (46%) of global beauty and personal care CPG launches were genuinely new products.
A leak of an organic solvent led to an explosion and subsequent fire yesterday in the southern part of the BASF site in Ludwigshafen in Germany, reported the company.
As biotechnology becomes more prominent in sourcing ingredients for cosmetics formulations, we reveal some of the pioneering businesses that are disrupting the cosmetics ingredients sector…