PPE’s signature ingredient, CERAMOSIDES, is designed for oral and topical skin cosmetics and Seppic has been distributing this ingredient for over 10 years.
This acquisition, announced on May 3, strengthens Seppic’s expertise and know-how in botanical extraction and its position as a supplier of high quality ingredients to the beauty market. With the transfer of know-how and internal PPE production tools, the acquisition allows Seppic to control the entire research, development and industrialization process, from the extraction of raw materials to active ingredients.
The global nutricosmetics market is expected to reach $ 8.3 billion by 2027, with a CAGR of 7.4% between 2020 and 2027, while the European nutricosmetics market is expected to reach $ 2.52 billion by 2025, with a CAGR of 8.54%.
Speaking at a panel discussion at NutraIngredients ‘Probiota Digital Summit in February, Kacey Culliney, editor-in-chief of CosmeticDesign-Europe, explained that “natural beauty” has made its way onto consumers’ agendas as they moved away from heavy makeup and turned to investing in science-backed natural solutions for long-term healthy skin
She said: “People go out less, they wear less colorful cosmetics, and skin cleansing has exploded as these beauty consumers are looking for different ways to improve the the look and feel of their skin.“Beauty is a highly competitive and emotional market and the consumer base is extremely engaged, so they will spend a lot of time researching products because, at the end of the day, they will be spending a lot of money on products.
“So it’s important to understand that the consumer of beauty products will read the ingredient list and read the science.”
According to Jean Baptiste Dellon, CEO of Seppic, this new acquisition opens “new growth opportunities for Seppic in the cosmetics and food supplements markets”.
He says: “Our long-standing relationship and the values of expertise, quality and customer service that we share with EPI France will enable us to quickly achieve synergies for the development and marketing of new ingredients. “
Valérie Bizot, President and co-founder of EPI France added: “Our partnership with Seppic has always been very fruitful and we are convinced that with Seppic’s desire to innovate, the know-how and skills developed by EPI will continue to be valued and prosper.