19 March 2024 News Two years ago, many European suppliers of raw materials and packaging refused to continue cooperation with Russian manufacturers, which interrupted the growth in perfume and cosmetics sales that had just begun after the pandemic and caused a crisis in the industry. At the end of 2022, the supply of cosmetics in pieces decreased by 13% compared to 2021. According to BusinessStat analysts, Russian cosmetics are made from imported raw materials by 60-70%. Establishing new supply chains for raw materials and packaging has become a major challenge for manufacturers. By the end of 2023, companies were able to partially switch to Chinese analogs, while the role of domestic producers of raw materials and ingredients has increased. The section «Ingredients for cosmetics and perfumery production» is designed to demonstrate to Russian manufacturers of perfumes and cosmetics products the opportunities of domestic and foreign manufacturers and suppliers. Introduce some of the participants. RusExtract Company specializes in the production of plant extracts from wild-growing raw materials collected in ecologically clean areas of the Altai Mountains, Western and Eastern Siberia. InVita-Trade Company supplies ingredients from leading world manufacturers for the cosmetics industry, dietary supplements and functional foods. Kema Club Company is a Russian manufacturer and developer of food flavorings and perfumes for perfumery and cosmetics from natural and synthetic fragrances. Bioteceuticals company specializes in the production of CO₂-extracts, oil extracts, water-propylene glycol, water-glycerine, water-butylene glycol and water extracts from plant raw materials. Lanix M Group of Companies supplies ingredients for cosmetics production from South Korea. Laboratory of Plant Compounds Group is a scientific and production association whose core business is the development and production of plant extracts and natural ingredients for the food, cosmetic and pharmaceutical industries. Visit Global Ingredients Show 2024 from April 23 to 25 at Crocus Expo IEC. The exhibition will showcase a wide range of ingredients and additives for food, beverage, cosmetics, perfumery, pharmaceuticals, nutritional supplements and household chemistry. Get e-ticket