The cosmetics industry is undergoing a transformation, driven by a growing awareness of sustainability and ethical sourcing of ingredients. Cosphatec explains the various options that provide an alternative to palm oil-derived raw materials in cosmetics for those who want to turn away from palm oil
The cosmetics industry is undergoing a transformation, driven by a growing awareness of sustainability and ethical sourcing of ingredients. One of the main focal points of this change is the role of palm oil, a common source of raw materials with significant environmental and ethical impacts.
Consumers, being aware of this issue, are now paying more attention to the ecological certifications of personal care products and are therefore also demanding ingredients that are either from certified sustainable palm oil cultivation or from completely palm oil-free sources. These trends are in line with evolving environmental regulations and advanced certification standards, leading to the development of innovative, more environmentally friendly formulations.
Recent market analyses underline this trend. The global palm oil-free skincare market is forecast to reach a value of about USD four billion by 2034, indicating significant expected growth over the next decade. 1
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