Market News
Recent Developments
New product launches
- Bambusa Bamboo Powder by Bambusa (2021): In 2021, Bambusa, a company specializing in bamboo-based products, launched its Bambusa Bamboo Powder. This premium-grade bamboo powder is derived from sustainably sourced bamboo and is suitable for various applications, including food and beverages, cosmetics, and personal care products. It offers a natural and eco-friendly alternative to synthetic ingredients.
- Organic Bamboo Powder by Nature's Path (2020): Nature's Path, a leading organic food brand, introduced its Organic Bamboo Powder in 2020. The powder is made from organic bamboo leaves and stalks and is marketed as a nutritious and sustainable ingredient. It can be incorporated into smoothies, baked goods, and other food products, providing consumers with an organic and plant-based option.
Acquisition and partnerships
- Innospec Acquires Chemsil Silicones (2021): In 2021, Innospec, a global specialty chemicals company, acquired Chemsil Silicones, a manufacturer of silicone-based products, including bamboo powder. This acquisition expanded Innospec's product portfolio in the personal care and cosmetics industries, strengthening its position in the bamboo powder market.
- Naturex Partners with Hokkaido Forest Industry Co. (2020): Naturex, a leading natural ingredients company, entered into a partnership with Hokkaido Forest Industry Co., a Japanese bamboo product manufacturer. The partnership aimed to develop innovative bamboo-based ingredients, including bamboo powder, for use in food, beverages, and nutraceuticals. The collaboration leveraged Naturex's expertise in natural ingredients and Hokkaido Forest Industry's knowledge of bamboo cultivation and processing.
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