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Cosmetics Drive Lanolin Demand

A search for natural materials persists.

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By: TOM BRANNA

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For years, formulators have balked at incorporating lanolin into their formulas, but demand from Asia as well as interest in natural ingredients, is boosting demand for the ingredient, according to Persistence Market Research (PMR). The global lanolin market was pegged at $757.8 million, in terms of value, at the end of 2017, and is expected to reach nearly $1.4 billion by the end of 2028, for a CAGR of 5.6%. PMR credits the gains to consumer interest in cosmetics and personal care products with...

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