Press Release

Cosmoprof India to Celebrate the Excellence of Beauty

Published

1 year ago

December 2, 2023

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The 4^th edition of Cosmoprof India, the networking event is ready to dazzle the flourishing Indian beauty market from 7 to 9 December 2023 at the Jio World Convention Centre in Mumbai.

Business opportunities in the region are apparent to all stakeholders, as evidenced by the exhibition’s trajectory towards significant outcomes, marked by a 26% growth in exhibitors compared to 2022. Currently, 52.5% of exhibitors are domestic, while the remaining 47.5% represent a surge in international participation, establishing Cosmoprof India as the most cosmopolitan beauty event in the country. This blend of domestic and overseas presence truly encapsulates the global allure of beauty in India.

The increasing recognition of the exhibition among stakeholders is demonstrated by a 28% increase in new exhibitors compared to 2022. The exhibition proudly features the inclusion of 5 country pavilions: Australia, Korea, Italy, Taiwan and UK owing to new initiatives from both local and international governments and associations aimed at ensuring better connections and networking. Furthermore, the exhibition area has expanded by +26% rate compared to the last edition.

Cosmoprof India unveils new launches from finished product brands specialized in Cosmetics & Toiletries, Beauty Salon & SPA, Natural & Organic, Nail & Accessories, and Hair Salon. This segment, which constitutes 61% of the total exhibition area, is in sync with the upscale shift in the beauty and cosmetics portfolio. Brands are reassessing their strategies for India, spurred by a dynamic market, the revival of consumer purchasing power, the expansion of distribution channels, celebrity influence, and the growth of online sales.

The co-located Cosmopack India showcases the most innovative and avant-garde solutions from ingredients and raw materials to the entire supply chain featuring primary packaging and private label & contract manufacturing as the most representative sectors on the show floor.

At Cosmoprof India stakeholders can take advantage of networking opportunities with peers and new leads from all segments of the beauty industry, spanning from the supply chain to finished product brands, thanks to unrivalled tools for matchmaking. A dedicated buyer program facilitates the attendance of key players, who are interested in the development of the local industry, as well as in new trends and consumer habits.

The results of Cosmoprof and Cosmopack India 2023 highlight the influential role of the exhibition as a reference hub for the beauty stakeholders in the region. Branded companies and suppliers exhibiting in Mumbai, along with key players in the beauty sector, are looking forward to meeting each other and exchanging their latest novelties. The acclaimed Buyer Programme is set to bring in 150+ importers, distributors, and retailers from India, as well as from neighbouring countries such as Sri Lanka, Nepal, Bangladesh, and the GCC.

Registration will be available till December 6 from the following link: www.cosmoprofindia.com/visiting.

Cosmoprof and Cosmopack India Awards: The Excellence of Indian Beauty Industry

To celebrate the excellence and innovation of stakeholders in the beauty industry in India, the Cosmoprof India and Cosmopack India Awards, in exclusive partnership with the global agency BEAUTYSTREAMS, will recognise and honour the most outstanding products and cutting-edge solutions among 2023 exhibitors.

More than 150 products have been submitted for the upcoming edition of the initiative, following 5 main categories involving both suppliers exhibiting in Cosmopack India and finished product brands of Cosmoprof India. Among all subscriptions, 4 finalists per category have been selected, which are particularly recognizable for innovative formulations, avant-garde ingredients, and user-friendly design.

An esteemed panel of experts and thought leaders from the cosmetics industry will evaluate the submissions of the Cosmoprof and Cosmopack Awards 2023. Jury members who have committed to participating in the December edition are key opinion leaders among international stakeholders. Their undeniable experience, industry know-how, and analyses of new consumer trends in the region make them valuable contributors

The distinguished jury members for the Cosmoprof India and Cosmopack India Awards 2023 include:

Biju Kassim, CEO – Beauty, Shoppers Stop (India)

Fernanda Pigatto, Global Partnership Director, BEAUTYSTREAMS (USA)

Florence Bernardin, CEO & Founder, Asia Cosme Lab (France)

Jayan Sathyan, Group Business Head, Beauty, Lulu Group International (UAE)

Millie Kendall OBE, CEO, British Beauty Council (UK)

Nandini Bhalla, Editor, The Word Magazine

Namrata Soni, Celebrity Make-Up Artist & Owner, Simply Nam | Namrata Soni Academy (India)

Rajiv Nair, Group CEO, KAYA Ltd. (Marico Group) (India)

Spoorthy Shetty, Chief Executive Officer, BBlunt (Mama Earth Group) (India)

Finalists for Cosmoprof India and Cosmopack India Awards 2023 are:

Cosmopack India

MAKE-UP, SKINCARE, HAIR CARE FORMULA

B.KOLORMAKEUP & SKINCARE Spa. SB Benefit Corporation, PASTE PLASTER Peel Off Pimple – Italy

ITALCOSMETICI SRL, BOUNCY BUBBLE BLUSH – Italy

Pontika Aerotech Limited, 5 in 1 Acne Control formula – India

Regi India Cosmetics PVT. LTD., Apple Bite – India

PACKAGING DESIGN & MATERIALS

ALBEA, EcoFusion Top with Metamorphosis -India

Ajanta Bottle, Light Weight Glass Perfume Bottles – India

Harman, Sustainable Packaging Solution (Startch Based) – India

Raj Plastics, CQ 2 in 1- India

INNOVATIVE TECHNOLOGY

ART Lab, SkinChat – South Korea

CARBOEXPERT Inc., Syzygium formosum leaf extract – South Korea

MITI Systems Inc, IntoDerma Hyaluron Micro Crystal Essence – South Korea

Pontika Aerotech Limited, Glaze Hair Removal Spray – India

Cosmoprof India:

HAIR & NAIL PRODUCTS

G.V.F. – GIVIEFFE S.p.A., Aquarely – Italy

Infinite Online Shopping Pvt. Ltd., Hair Line Powder by Boldify – India

Mintree Premier Lifestyle and Beauty Pvt Ltd, Mintree Nail Armstrong Serum – India

Olaplex/Streamline Beauty India Pvt. Ltd. (distributor) , Olaplex 4-IN-1 Moisture Mask – India

SKIN CARE, BODY CARE, AND PERSONAL CARE PRODUCTS

Asia Master Trade Co., Ltd (AXIS-Y), AXIS-Y Dark Spot Correcting Glow Serum 50ml – South Korea

Anita’s Aromatic Solutions, Anita’s Aromatics Intimate Refresh – India

SKIN1004 (Craver Corporation), SKIN1004 MADAGASCAR CENTELLA HYALU-CICA SILKY-FIT SUN STICK 20G – South Korea

Mintree Premier Lifestyle and Beauty Pvt. Ltd., Mintree Farm to Face DIY Home Facial Kit (Blueberry) – India/USA

Winners will be announced on 7th December during a gala event at the Hriday, Sofitel Mumbai BKC. Following, there will be a fashion show presenting the collection of the renowned designer Vikram Phadnis, the special guest of the evening.

For the 1st time ever, they will also seize an extraordinary opportunity; showcasing their products through a dedicated installation to the biggest beauty international community gathering at the Cosmoprof Worldwide Bologna 2024, next March.

For further information, www.cosmoprofindia.com

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Press Release

New Study Reveals Majority of Indians Prioritize Nutrition Over Taste, Surpassing Global Average

Published

10 months ago

May 31, 2024

Newsvoir

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Based on a recent survey of urban Indian consumers:

Nine out of 10 consumers are searching for protein-rich food compared to seven out of 10 global shoppers.

The top four qualities consumers look for when buying snacks are (1) natural, (2) heart-healthy, (3) protein-rich and (4) energy-source, all of which come before satisfying cravings.

Nuts have emerged as one of the most popular snacking choices, with 86% of Indian shoppers report having purchased them in a span of 6 months.

Urban Indians read nutrition labels more than the global average, reflecting a growing trend towards informed purchasing.

69% of urban dwellers surveyed have the opinion that plant-based protein is just as good as meat-based protein, exceeding the global average of 55%.

Wonderful Pistachios, the world’s largest grower and processor of pistachios and distributor of California Pistachios in India, released today, World Nutrition Day, the findings of a new global study that sheds light on the snacking habits of urban Indians. The study, commissioned with Material, a leading global research consultancy, included 10 countries and over 12,400 respondents, revealed a new behavioural trend that urban Indian consumers prioritize nutrition over taste when it comes to snacking. This growing preference for healthy snacking emphasizes the importance of good nutrition for overall well-being.

For the India market specifically, the study delved into the snacking habits of 2,415 shoppers across six Indian cities, which represented a population of approximately 35.9 million consumers. Remarkably, a majority of urban Indians (58%) reported basing their food purchasing decisions on nutritional benefits more than taste, exceeding the global average of 52%. Delhi and Ahmedabad lead with over 60% of urban shoppers preferring nutrition in their food. Bengaluru and Chennai follow closely, indicating a nationwide shift towards smarter snacking preferences. In India, Millennials and Gen Z are leading the charge in health-conscious purchasing decisions, with more than 83% of consumers in these age groups reading nutritional labels before buying.

Indian consumers prioritize four key factors when shopping for nutritional snacks: natural (free of artificial colours and preservatives), heart-healthy, protein-rich, and provides energy. Nine out of 10 urban shoppers consciously seek protein-rich food options, compared to the global average of seven out of 10. The focus on nutrition has fueled the rise of nuts as a preferred snack choice, becoming essential to daily eating habits. The study found a staggering consumption of nuts, with 86% of Indian shoppers report purchasing them in a span of 6 months, compared to just 75% globally. With 6g of protein in per 28g serving, California Pistachios are a smart snack choice that provides benefits without sacrificing taste.

Shail Pancholi, Country Director, India, Wonderful Pistachios, commented on the study, saying, “Nuts were traditionally used as garnishes and consumed during festivals, but have now become a popular snack in India, indicating a notable shift in dietary habits. Pistachio consumption in India has doubled in the last six years, as consumer awareness of the nutritional benefits that pistachios offer has grown. Consumers are discovering that pistachios are naturally cholesterol-free, rich in plant-based protein and dietary fiber, and provide over 30 different vitamins and minerals.”

Interestingly, the study found that nuts are the second most preferred snack among urban Indian consumers, with 64% of Baby Boomers and 59% of Gen Z prioritizing nutrition over taste when selecting food. This indicates a growing focus on health across generations, with Baby Boomers focusing on senior wellness and Gen Z reflecting the rise of mindful purchasing. Though on opposite ends of the age spectrum, these two generations take the lead in seeking protein-rich options, as well as preferring natural snacks.

Mumbai tops most of the consideration sets when choosing a snack. Residents opt for natural ingredients (35% vs. the national average of 30%), heart-healthy options (33% vs. 30%), and protein (33% vs. 29%). Chennai residents look for energy-boosting snacks (31% vs. the national average of 29%).

The fact that 69% of urban Indians surveyed have the opinion that that plant-based protein is just as good as meat-based protein reflects a positive shift towards varied dietary preferences. Pistachios are a good source of high-quality complete protein, containing all nine essential amino acids. A 28g serving of pistachios provides 6g of protein, which is 11% of the recommended daily allowance (RDA) according to FSSAI.

The Wonderful Pistachios study unveils a compelling shift in Indian snacking habits. Nuts are evolving from festive treats to a daily snacking staple, fueled by a nationwide preference for more nutritious options. The trend transcends generations, resonating with Gen Z and Baby Boomers alike, underscoring the growing importance of mindful eating in urban India. As consumers increasingly seek natural, heart-healthy, protein-rich, and energy-boosting snacks, the future of Indian snacking appears to be firmly rooted in nutrition and well-being.

Wonderful Pistachios

Wonderful® Pistachios is the world’s largest grower and processor of pistachios, with a global presence in over 70 countries. As a vertically integrated operation, they are experts in every step of the process from tree to shelf, ensuring the highest-quality product every time. In tandem with its Grower Partners, Wonderful Pistachios harvests 125,000 sunny acres (50,000 hectares) of land in California that receive warm days and cool nights, which work in harmony with the rich, natural soils to create the perfect growing climate for high-quality pistachios. They ship 600 million pounds (204 million kg) of nuts worldwide from their advanced processing facilities to ensure the highest standards are met. When it comes to pistachios, Wonderful® Pistachios expertise is unmatched in scale and capacity, paired with warehouses and sales teams worldwide that are well-equipped to provide support at every step of the way.

California Pistachios

California Pistachios are grown and distributed by The Wonderful Company, the world’s largest vertically integrated pistachio processor and marketer located in California’s Central Valley. California Pistachios are Non-GMO, providing a smart, healthy choice for consumers around the world. Sun-ripened in the moderate Mediterranean climate of California, these distinctively green nuts pack taste and contain antioxidants and over 30 different nutrients. California Pistachios in India are available under leading brands and private labels at retail outlets, grocery stores, and online platforms.

For more information about California Pistachios India, please visit www.b2b.wonderfulpistachios.com

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Press Release

Singapore Prepares Ahead to Leverage Artificial Intelligence for a Better Future

Published

10 months ago

May 31, 2024

PR NEWSWIRE

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SINGAPORE, May 31, 2024 /PRNewswire/ — Senior Minister of State for Communications and Information Tan Kiat How launched the Digital Enterprise Blueprint (DEB) at Asia Tech x Singapore (ATxSG) 2024 today. The Blueprint will enable SMEs to harness technology, optimise the way they work, and strengthen digital resilience and cybersecurity across the ecosystem. 50,000 SMEs are expected to benefit over the next five years through four key focus areas:

Empower enterprises to be smarter by adopting AI-enabled solutions
Enable enterprises to scale faster through cloud-based and integrated solutions
Equip enterprises to be safer through improved cyber resilience
Support enterprises to upskill workers to make full use of digital capabilities

Seven partners have come onboard to pledge their commitment, including Singapore Business Federation, Singapore Computer Society, SGTech, Amazon Web Services, Google, Microsoft and Salesforce.

In collaboration with IMDA and the TechSkills Accelerator for ITE and Polytechnics Alliance, SGTech is launching the Tech Apprenticeship Programme to expand the career pathways of graduates by providing access to industry apprenticeships that offer on-the-job training and development opportunities. Over the next two and a half years, SGTech aims to facilitate the placement of at least 300 apprentices who are fresh or mid-career professionals from polytechnic or ITE backgrounds, and drive the adoption of similar practices that promote more inclusive hiring and career agility.

IMDA and the Singapore Academy of Law (SAL) signed an MoU aimed at uplifting the legal sector’s productivity through the use of GenAI. As part of this partnership, GPT-Legal, a new large language model which is contextualised for Singapore’s legal sector, will be co-developed. The model will be integrated into SAL’s research platform LawNet, which is accessible by 75% of Singapore’s lawyers. SAL will also be penning an MoU with the National University of Singapore and AI Singapore to develop its AI capabilities and create a certification to recognise AI specialists in the legal profession.

Additionally, Tribe and Digital Industry Singapore announced a collaboration with NVIDIA to launch the Ignition AI Accelerator for AI startups to create and bring to market the next wave of advancement in AI solutions. This programme will nurture 15 high-potential startups, equipping them with well-rounded support covering business and technical needs. NVIDIA and Tribe will also collaborate with EnterpriseSG to offer qualified AI startups funding support through the Startup SG Tech scheme, and assist them through the IMDA Accreditation process.

Singapore hosted the final meeting of the UN Secretary-General’s Artificial Intelligence Advisory Body (AIAB) from 28-29 May. As part of the agenda, Singapore facilitated an engagement session between AIAB and the Digital Forum of Small States (Digital FOSS). Digital FOSS Fellows exchanged views with AIAB members on the topic of AI governance, particularly on the implications and challenges faced by small states. Through such efforts, Singapore aims to promote a more inclusive approach towards shaping global AI and digital governance.

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Press Release

One in Six Globally Concerned About Colorectal Cancer Screening Costs

Published

10 months ago

May 31, 2024

PR NEWSWIRE

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SHENZHEN, China, May 31, 2024 /PRNewswire/ — By 2040, the burden of colorectal cancer (CRC) is projected to increase to 3.2 million new cases and 1.6 million deaths per year representing a 66% and 71% rise in new cases and deaths respectively relative to 2020.

To better address the global burden of CRC and reduce its impact, BGI Genomics has launched the second edition of its global CRC awareness report, covering 1,938 respondents from Brazil (306), China (367), Poland (300), Saudi Arabia (300), Thailand (362), and Uruguay (303):

CRC Screening Gaps Vary Globally: Nearly half (49.3%) of global respondents have never undergone CRC screening, with the highest proportions in Saudi Arabia (62.0%) and Poland (61.0%).

Preference for Fecal Testing Over Colonoscopy: Although colonoscopies are more recognized (33.4%), fecal tests at healthcare facilities are preferred (31.8%), reflecting a trend towards non-invasive methods.

Cost and Fear are Determinants of Screening Choice: Fear of colonoscopy (18.2%) and screening costs (17.7%) are major barriers to CRC screening. Poland (24.7%) and Uruguay (21.0%) show the highest fear of colonoscopy, while Thailand (24.5%) and Brazil (20%) indicate the most concern about costs.

Medical Advice and Family History Drive CRC Screening: Doctor’s recommendations are a major driver for CRC screening (30.5% globally), with Uruguay showing the highest adherence (44.1%). Additionally, those with a family history of CRC are more proactive in screening (64.5%), compared to the general population (35.0%).

Prof. Varut Lohsiriwat from Mahidol University offers his insights to this report. He suggested: “The essence of effective cancer screening lies in the acceptance and adherence of the patient to the screening method. The best screening method is the one that the patient accepts and adheres to because that’s the method that will actually benefit them.”

Dr. Zhu Shida, BGI Genomics Deputy GM, notes: “At BGI Genomics, we focused our efforts on developing advanced molecular biology testing techniques to close the gap [between acceptance and accessibility]. The ultimate goal is to transform colorectal cancer from a life-threatening disease into a manageable condition through widespread, early screening and intervention.”

For more region-level comparisons, access the full BGI Genomics 2024 State of CRC Awareness Report.

All data involved in this report come from the results of an online survey project conducted by BGI Genomics. It only surveys awareness related to colorectal cancer and does not involve personally identifiable data.

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