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Beauty brands must demonstrate value to consumers amid global cost-of-living crisis, says Mintel's head of beauty and personal care research; brands can promote long-lasting products, mood-boosting offerings, convenience, sustainability and engagement

Mintel: Food/drink packaging trends driven by inflation and economic uncertainty include packaging that extends shelf life, provides efficient portioning and product preparation, enables energy-efficient cooking, is associated with deposit return system

Microalgae gaining interest in US skin care due to their pigments and polysaccharides, consumer demand for naturally derived ingredients, 'blue beauty' trend; 22.2% of US skin care launches had chlorella or spirulina in 2022, up from 13.2% in 2018: Mintel

Mintel: In 2023, consumers to seek food/drink that helps with cognitive capacity, managing stress, optimizing brain function; other trends include experiential eating, meat substitutes, food for weather-related disasters, female health food, upcycled food

Global Market estimates global nonalcoholic beer market to be worth US$22B in 2022, and will double that in a decade; Mintel says younger consumers seem to be driving growth in nonalcoholic drinks, many of whom aren’t avoiding alcohol, but cutting down

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