Frost & Sullivan: Quest for a Green Economy Sustains Organic and Natural Ingredients Market for Home and Personal Care in Western Europe

Description

Frost & Sullivan: Quest for a GreenFrost & Sullivan: Quest for a Green Economy Sustains Organic and Natural Ingredients Market for Home and Personal Care in Western Europe PR Newswire LONDON, Jan. 27, 2014 -- Strategic partnerships between specialty chemical companies and plant-based extract manufacturers will be the trend Bio-degradable home and personal care end products, which have a lesser environmental impact than synthetic solutions, are in demand among environmentally conscious European consumers. These early adopters are set to transform the highly user-centric organic and natural ingredients market in Western Europe into a fast-growing market by fuelling the need for sustainable ingredients, such as enzymes and plant-derived active ingredients. Exploring novel sources, including oleochemicals, to develop specialty ingredients will enable product manufacturers to keep up with consumer requirements and achieve an edge over the competition. Frost & Sullivan's (http://www.chemicals.frost.com) new study, Analysis of Organic and Natural Ingredients Market in Western Europe for Home and Personal Care, estimates revenues of $659.2 million in 2012 with projections to cross $800 million in 2017. "Innovation and product differentiation are key success factors in this fiercely competitive market," said Frost & Sullivan Chemicals, Materials and Food Research Analyst Aparna Balasubramanian.

Informations

• Publié par: frost-sullivan
• Publié le: 27 janvier 2014
• Nombre de lectures: 6
• Langue: English

Extrait

Frost & Sullivan: Quest for a Green Economy Sustains Organic and Natural Ingredients Market for Home and Personal Care in Western Europe

PR Newswire

LONDON, Jan. 27, 2014

-- Strategic partnerships between specialty chemical companies and plant-based extract manufacturers will be the trend