We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Consumer Demand For Natural Products Drives Growth In Renewable Chemicals

October 29, 2013: 12:00 AM EST
Companies, including Coca-Cola, Wal-Mart, and Procter & Gamble, are expanding their use of renewable chemicals, such as extracts of rosemary and the marigold flower, to replace petroleum-based chemicals in packaging, cleaning products, and cosmetics. Growth in the renewable chemicals market, which is expected to reach $83 billion in value in 2018, is driven by unpredictability in the petroleum market, increasing consumer demand for natural ingredients in products. Kemin Industries, which began developing commercially viable processes of extracting natural chemicals from rosemary about two decades ago, is now producing natural ingredients that some of the world’s largest companies currently use to extend the shelf life of their products, such as pet foods, cereals, and skin creams.
Christopher Doering, "Renewable chemicals ride demand for natural products", Gannett Washington Bureau, October 29, 2013, © USA Today/Gannett
Market News
North America
United States of America
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.