Both consumers and foodservice professionals alike share concerns over food-borne illness and preventing such outbreaks. The cleanliness of food preparation areas, surfaces, and wares used to prepare and serve food are of utmost importance. In fact, food safety compliance was the single most important issue among over 700 foodservice professional respondents surveyed recently by Kline. Employee training was a close second in terms of importance with other trends, such as minimum wage increases, Internet of Things (IoT), green cleaning, labor-saving devices, the impact of social media on their business, and online reviews, being of secondary importance.
The market for natural OTC products continues to see double-digit year-over-year sales growth, while the traditional OTC market struggles with only 2%-3% growth each year. Kline defines natural OTCs as drug-free, non-monograph products that may contain natural, plant, or herb-based ingredients. Natural OTCs can be homeopathic products and often make claims of support, prevention, maintenance and/or treatment of minor ailments. What seems to work for natural OTCs is honesty and transparency of ingredients. Millennials are driving demand for natural OTC products that have natural ingredients and help treat minor ailments without harmful ingredients or unwanted side effects. Millennials are also becoming parents and are also demanding natural products for their children.
The year 2018 has proven to be another strong year for the nail enhancements category, although it was powered by the new segment of sculpting hybrid gels or poly-acrylic gels as opposed to dipping powders, which was the big rage behind the category’s growth in 2017. That said, it is worth mentioning that dipping powders continued to enjoy popularity in 2018. However, the growth was not as phenomenal as 2017, as the segment witnesses saturation with most of the marketers already offering a dipping powder system as a part of their portfolio. The only novelty evident for dipping powders is that of marketers introducing new shades as a part of their seasonal collections.
Demand for heavy duty motor oil (HDMO) in trucks in China is estimated to increase at a compound annual growth rate (CAGR) of 0.6% through 2022 based on the most likely scenario of the recently published Heavy-Duty Motor Oil: China Channel Dynamics and Opportunities for Trucks, Buses, and Construction Vehicles report. In particular, the heavy trucks population, estimated to have 5% to 7% annual growth through 2022, will drive the demand.
The global shipping industry faces a period of immense economic and technological challenges. The industry continues to suffer from overcapacity and poor profitability. At the same time, emission limits are set to tighten in the coming years. Engine OEMs, ship owners, oil refiners, and bunker fuel suppliers all face difficult strategic decisions for complying with the new emission regulations while enhancing profitability.
Kline & Company is well known in the industrial and institutional (I&I) cleaning industry for research, analysis, and insights on janitorial and foodservice cleaning chemicals, laundry chemicals, and cleaning wipes. This week, Kline is pleased to announce the launch of a brand new report for the industry — Floor Care Pads and Tools: Market Analysis and Opportunities. Research is kicking off this month and will focus on the markets for floor pads, mop heads and floor cleaning tools, key players, brands, and understanding end users’ preferences and usage patterns.
This interview was originally published in Expression Cosmétique Guide des Ingrédients Cosmétiques 2018, p.28-30, www.editionsbgm.fr
The cosmetics industry and its upstream players are moving on with their transformation. Nikola Matic, Head of the Chemicals & Materials Department for Kline & Company, shares with us the main changes in the industry and the future trends.
Can you give us an update on the sales of ingredients in 2017?Continue reading
The dynamic beauty industry continues to increase, powered by new trends and product concepts, rising independent brands, and continuous investments to create the next big thing. As we’re gearing up to kick off the 44th edition of our annual Cosmetics & Toiletries USA report, we take note of the most talked-about trends started in 2018 and set to shape the face of beauty in 2019 and beyond.
Beauty à la carte
On December 12, 2018, the U.S. Congress passed the Agricultural Improvement Act of 2018, otherwise known as the Farm Bill. The bill legalizes the production and transportation of hemp and hemp products, among other things. The Farm Bill has been sent to President Trump, who is expected to sign off on it before the end of the year. Marketers of health and beauty products containing Cannabidiol (CBD), which can be sourced from hemp, have anxiously awaited passage of the Farm Bill in the hopes that it will expand the U.S. market for consumer CBD products. However, this market is still burgeoning, and uncertainty about the legality of marketing CBD products nationwide continues to perplex marketers and retailers.
The Farm Bill defines “hemp” as “the plant Cannabis sativa L. and any part of the plant, including the seeds thereof and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta-9 tetrahydrocannabinol [THC] concentration of not more than 0.3 percent on a dry weight basis.” While the definition of hemp will include any part of the Cannabis sativa L. plant, it retains prior regulatory limits used to define industrial hemp by limiting permissible levels of THC concentrations to no more than 0.3%. Hemp and hemp products that meet this definition will be exempt from the definition of “marihuana” (or marijuana) under the Federal Controlled Substances Act, thereby removing it from the list of prohibited Schedule I drugs.
Over the last few months, a flurry of beauty boutiques, pop-up shops, and online behemoths (we’re looking at you, Amazon) have quietly (or not-so-quietly) debuted in the Nolita and SoHo neighborhoods of Manhattan, adding to an already vibrant beauty retailing scene. We had an opportunity to check some of them out — join us as we embark on our retailing adventure! To download this report, please follow this link: https://bit.ly/2rGVzhO