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Forms alliance with Sytheon Ltd.
March 7, 2019
By: TOM BRANNA
Editor
Roquette, a supplier of plant-based ingredients for food, nutrition and health markets, is expanding Beauté by Roquette, its specialized offering of high-performing and natural-based ingredients for cosmetics. The company has also reinforced its strategic partnership with Sytheon, a US-based specialty ingredient company for the personal care market. According to Roquette executives, this partnership is a first step in accelerating innovation and enables Roquette Beauté to benefit from an ecosystem of expertise. The company notes that the moves are fully in line with its and its growth strategy, and springs from Roquette’s belief that “sustainable beauty is all about skin health and nutrition. The first two actives co-developed with Sytheon, as well as three new plant-based and high-performing ingredients, will be promoted at In-Cosmetics Global in Paris, April 2-4. This new range of products will focus on improving sensorial benefits combining hydration, smooth and lasting protection for both hair and skin, moisturizing properties and skin barrier repair. “Sytheon is very proud of this partnership with Roquette, a global player in plant-based ingredients with a team of dedicated business people and driven by a green vision of the future. Roquette’s strengths in sustainable innovation combined with Sytheon’s expertise in developing high performance active ingredients for skin care products will benefit the personal care brands, seeking perceivable value for the consumers with no compromise on quality and safety requirements,” said François Marchio, managing director and co-founder, Sytheon. Only one year after a successful launch, Roquette is boosting its international strategy in cosmetics based on a strengthened internal structure, stronger capabilities, a network of expertise and talents, as well as a clear and ambitious vision to be recognized as an expert in plant-based cosmetic ingredients. “This partnership represents a great innovation accelerator for Roquette Beauté, as we intend to further develop our business by creating brand-new ingredients for the cosmetics market. This collaboration will also contribute to offer an even more diversified and high-quality product portfolio to our clients and customers in the coming years,” explained Bénédicte Courel, GM-cosmetics business, Roquette. “We can also rely on Roquette’s knowledge, our strong R&D and go-to-market capabilities, our exposure to a rich innovation ecosystem and our global commercial network.” The Beauté by Roquette range aims to address key consumer trends in the Cosmetics market, notably the growing demand for plant-based products, but also for high-performing products and innovation. The cosmetics market is expected to top $758 billion by 2025, growing at a rate of 5.9%, according to Researchandmarkets.com. To respond to this demand, Roquette is setting bold goals. Within five years, 50% of its product portfolio for the cosmetics market will be made up of new ingredients and solutions that do not yet exist. The Group has also organically grown its teams dedicated to cosmetics and expanded its footprint, with a presence in Europe, North America and Asia. It will also open a center of expertise with an experimental laboratory and a collaborative space in the Paris region in 2020 to support partnerships and collaboration.
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