23 Dec 2022 --- As 2022 draws to a close, PersonalCareInsights reviews the most significant industry developments of the year. Notably, the industry saw a turn toward natural alternatives using biotechnology and fermentation with a focus on a robust microbiota. Moreover, digitalized services proliferated as society recovered from the COVID-19 pandemic and remain popular with companies harnessing artificial intelligence for personalized products. Toward the end of the year, the industry faced an energy crisis paired with inflation-induced costs. Additionally, governments introduced more stringent regulations to prevent pollution and ensure cosmetic ingredients are safe for human and environmental health.
