Market Flash

The Ordinary and NIOD maker is addressing consumer demand for minimalist formulas and the intricacies of copper peptides.

• Copper Peptides
• Cosmetics New Ingredients

The Indian retail cosmetics market is worth an annual $20.64 billion, according to a report by Research and Markets.

• India's Cosmetic Market

Another key trend predicted for 2024 is the rise of skin brightening ingredients.

• peptides
• cosmetics ingredients

China Health Commission has summarized and compiled the food industryapproved and released in 2023 Enzyme preparations New varieties, a total of 12 types, as of November 17, 2023.

• food enzyme
• China Health Commission

In recent news, it has been reported that approximately 50 pipeline projects have been terminated by various pharmaceutical companies.

• Pipeline Projects

On November 22, 2023, the three-day China International Natural Extracts and Health Food Ingredients Exhibition and the 22nd National Autumn Food Additives and Ingredients Exhibition (FIC-Health Exhibition 2023) will be held in Guangzhou.

• 22nd National Autumn Food Additives and Ingredients Exhibition
• FIC-Health Exhibition 2023

On November 20, 2023, Japan's Ministry of Health, Labor, and Welfare introduced Proposal No. 495230249, aimed at refining the "Guidelines for Voluntary Safety Inspection of Tablets, Capsules.

• GMP
• food ingredients
• Japan Food and Food Additives

In a significant stride towards enhancing animal nutrition, the European Commission, as per Regulation (EU) No. 2023/2583 published in the Official Journal of the European Union on November 21, 2023, has given the nod to Corynebacterium glutamicum.

• Corynebacterium glutamicum KCCM 80185
• L-isoleucine
• Feed Additives
• EU

This initiative by Health Canada reflects a commitment to staying abreast of advancements in food science and technology while prioritizing the safety and quality of food products available to consumers.

• chitosan
• Preservatives
• white mushrooms
• Health Canada
• Food Additives

Phosalone can not be used in vegetables, fruit trees and other crops in China

• Phosalone
• insecticide
• technical

California Natural Color is thrilled to announce the newest addition to their portfolio of crystal colors - Pure Yellow Safflower, debuting at the Fi Europe tradeshow in Frankfurt, Germany.

• food ingredients
• Food Additives
• Fi Europe tradeshow
• Color Portfolio

Four start-ups have been named the winners of this year’s open innovation competition, while two of last year’s winners unlocked additional funding to scale up and market their products.

• CMAB
• Cheese
• yogurt
• Dessert
• 5th Real California Milk Excelerator

Italy’s government has announced the passing of a bill banning the production and marketing of cultivated meat. The measures, which also restrict labelling for plant-based products, aim to protect Italy’s traditional food culture.

• plant-based additives
• cultivated meat
• plant-based meat
• Italy Food Market

Opened in 1914, the Aintree factory was Jacob’s first English factory and remains the primary producer of Jacob’s products in the UK, including Cream Crackers and Twiglets.

• pladis
• Gmb union
• Jacob's
• UK Food Market

Monaco cosmetic actives maker Exsymol is collaborating with ExAdEx-Innov, a University of Nice biotechnology startup, to maximize the value of its ingredients.

• Cosmetics New Ingredients

The first fragrance range will launch in spring 2026, and will be available to consumers in the Asian, US, European and the Middle Eastern markets.

• Perfumes & Fragrances
• Japan Cosmetics Market

The brand also offers nutraceuticals, including its Raw Native C that is said to be a whole-food blend of vitamin C which can foster organic collagen production in the body.

• collagen peptides
• vitamin C
• Cosmetics New Ingredients

On November 21st, Simcere Pharmaceutical Group announced a significant milestone in its strategic expansion in the field of autoimmune diseases.

• Simcere Pharmaceutical

As Eli Lilly, the leading pharmaceutical company globally, continues to make strategic moves in the field, it serves as a crucial benchmark for international mapping and offers valuable insights into the commercialization direction of biotechnology.

• Eli Lilly

On November 9th, the U.S. Food and Drug Administration (FDA) approved the use of fruquintinib, developed by Hengrui Medicine and Takeda, for the treatment of refractory metastatic colorectal cancer (mCRC).

• refractory metastatic colorectal cancer