Innovation is key for ingredient manufacturers wishing to prosper in the future, states John Madden, Global Head of Ingredients Research at Euromonitor. However, innovation is an increasingly difficult aspiration due to the recession, regulatory obstacles, and media and consumer attention towards certain ingredients in beauty and personal care. The use of natural ingredients, therefore, will continue to grow in 2013, driven by consumer demand.
Introducing Opportunity Minded, a new series from Euromonitor International designed for forward-thinking business leaders like you. Each episode tackles a strategic approach or topic on corporate agendas. You’ll hear from our experts who share in