Capryloyl Glycine Market Value Demand to Reach US$151.5 Million at a CAGR of 8.1%: 2023-2031
Increasing demand for natural and organic personal care products and increasing awareness of the harmful effects of synthetic ingredients are expected to drive the capryloylglycine market
WILMINGTON, Delaware, USA, May 11, 2023 (Globe Newswire) — Transparency Market Research Inc. – global capryloylglycine market The global market is expected to reach USD 75.4 million in 2022 and reach USD 151.5 million in 2031. The industry is expected to expand rapidly. CAGR 8.1% From 2023 to 2031.
Growing consumer interest in beauty and skin care will increase the demand for cosmetics containing capryloylglycine. The global skincare industry is on the rise as consumers become more conscious of skin health.
Emerging skin problems, especially among diabetics, may increase demand for lotions containing capryloylglycine. 94 million Europeans suffer from skin sensations such as burning, dryness and itching. Evolving demand for men’s skin care products may open up new growth avenues for the market. Of him, 73% of men use skin care products, and 39% use hybrid products such as BB creams and foundations that bridge the gap between skin care and makeup.
The global capryloylglycine market for cosmetic and personal care preservative applications is expected to register a CAGR of around 6% from 2023 to 2032. Preservatives help consumers keep cosmetics and personal care products fresh and clean.
Capryloylglycine acts as an important ingredient that enhances the effectiveness of cosmetic preservatives and also has a synergistic effect with essential oils, octanoic acid derivatives, polyols and some alcohols. Increased purchases of anti-acne, anti-dandruff, low-preservative, and sensitive skin products are likely to increase the demand for capryloylglycine.
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Growing awareness of the harmful effects of synthetic ingredients in personal care products has led consumers to seek natural and organic alternatives.
Rising disposable income and changing lifestyles of consumers are expected to drive market expansion and increase the demand for personal care products. The global Capryloyl Glycine industry is highly competitive with many companies offering similar products.
Vendors invest heavily in new product research and development to remain competitive. The availability of synthetic substitutes poses a challenge to the growth of the capryloylglycine market in the near future.
Key takeaways from the market report
Global Capryloyl Glycine Market Creates Absolute Dollar Opportunity Worth USD 151.5 Million By 2031.
Global Population Health Management Market to grow at 8.1% from 2023 to 2031
The global population health management market is currently estimated at USD 81.2 million in 2023.
The global population health management market will reach USD 75.4 million in 2022.
7.7% market value of global population health care from 2018 to 2022
In Europe, the market share with Germany is said to be 7.9%.
The market share of the North America market region is estimated at 6.3%
global capryloylglycine market: Growth Driver
With the latest capryloylglycine market trends, the personal care end-use segment is expected to dominate the market during the forecast period. Rising disposable income and growing interest in aesthetic appeal are boosting the sector.
The growing need for eco-friendly “green” surfactants has led to significant investments in research and development of bio-based surfactants with improved performance and lower toxicity.
Waste protein hydrolyzate is an excellent raw material in the production of capryloylglycine. Green chemistry technology using immobilized lipases and proteases can be employed to produce capryloylglycine on a large scale, which will lead to the growth of demand for green surfactants driving the dynamics of the capryloylglycine market.
Buy this premium research report | Same day delivery available: global capryloylglycine market: Regional Landscape The European capryloylglycine market is projected to be valued at over US$29 million by 2032. Demand for capryloylglycine in the region is expected to increase in view of increased investment in new R&D activities by leading domestic and international cosmetics and personal care product brands. The region’s consumer base for personal care products and cosmetics has grown significantly over the past few years. According to a report by Cosmetic Europe, about 500 million people in Europe use personal care and cosmetics products every day to protect their skin and boost their self-esteem. Rising cases of acne and other skin conditions should drive adoption of capryloylglycine in North America. About 50 million Americans suffer from acne, one of the most common skin conditions in the country, according to the American Academy of Dermatology. global capryloylglycine market: key player Synerga driver development Finished Formulations: Research and development of innovative formulations and technologies in the cosmetic and dermatological fields. Ingredients: Research and development of new cosmetic ingredients for international distribution or exclusive sales Expand your business in the future – contact us to get the details you need. C.custom R.Report: global capryloylglycine market: segmentation by purity By grade By function antibacterial agent antiseborrheic agent Washing soap surfactant others By use By end use personal care health care home care others By region North America latin america Europe Asia Pacific Middle East and Africa About Transparency Market Research Transparency Market Research is a global market research firm registered in Wilmington, Delaware, USA, providing custom research and consulting services. It uniquely combines quantitative forecasting and trend analysis to provide forward-looking insights for thousands of decision makers. Our experienced team of analysts, researchers and consultants use proprietary data sources and a variety of tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by our team of research experts to always reflect the latest trends and information. With extensive research and analytical capabilities, Transparency Market Research employs rigorous primary and secondary research methodologies in developing distinctive datasets and research materials for business reports. contact:
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