European regulation removed colloidal gold entirely
European cosmetic regulation now prohibits colloidal gold in finished cosmetic products, which takes the one gold format with a genuine research literature out of an entire region. Brands selling colloidal gold serums into Europe reformulated to gold leaf or gold peptide complexes, which are permitted and do considerably less. The commercial effect is a category whose fastest-growing segment at 13.2% is unavailable in a fifth of world demand, and whose remaining European offer rests entirely on decoration. Nobody expected the regulator to remove the defensible part of it all first.
Market Impact: Anchors 14% South Asian share








