Cosmetic Peptide Synthesis Market is Anticipated to Reach a Value of US $1011.99 Million by 2030, Growing at a Steady CAGR of 5.5%
This trend is witnessing concerning enzymatic as well as chemical peptide synthesis. Chemical synthesis is considered to be a traditional and most widely used technology used for peptide production, however scarcity of specificity along with the risk of increasing environmental burden is set to hamper the growth of chemical peptide synthesis.
The bioactive cosmetic peptides synthesized are capable of entering the dermis via interstitial spaces in order to function efficiently, hence promoting the collagen proliferation and hyaluronic acid that leads to skin thickness and wrinkles reduction. This has augmented the adoption of enzymatic technology for the synthesis of peptides.
Key Trends: Growth Determinants and Challenges:
Ease in the cosmetic peptide synthesis in greater quantities of mg to kg at lower prices
The coming of highly implicit and streamlined advanced technologies with the ability to producing cost-effective bulk synthesis of cosmetic peptide is also anticipated to help the overall development of the global market in the coming years of the forecast timeline.
Additionally, easy hands on extra cosmetic peptide modifications from manufacturers is projected to drive revenue generation in global cosmetic peptide synthesis market.
Also, synthesis of the high-quality product by the key players with high reproducibility in order to cater the robust command for economical cosmetic peptide synthesis services is another prime factor that further thrives the revenue generation in cosmetic peptide synthesis market.
The growing demand for cosmetic peptide in the life science research and pharmaceutical sector for drug development activities enables the cosmetic peptide synthesis market to grow at a noteworthy growth rate.
Eye Care Segment is Expected to Hold a Significant Market:
Stimulated eye burden is one of the key factors for the growth of the market. For example, according to the October 2021 report of the World Health Organization, nearly 2.2 billion people around the world have near or distance vision impairment, of which approximately 1 billion cases of vision impairment can be stopped or could have been prevented which shows the high burden of the cases of vision impairment around the world and possibility of treatment which is why there is a very high demand of the therapeutics for the diseases associated with eyes that are driving the market.
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RS Synthesis, LLC.
Bio Basic Inc.
Segmental Analysis of Global and Regional Cosmetic Peptide Synthesis Market:
Based on Product Type
• Signal Peptides
• Neurotransmitter-Inhibiting Peptides
• Carrier Peptides
• Antioxidant and Anti-inflammatory Peptides
• Enzyme Inhibitor Peptides
Signal peptides accompanied by neurotransmitter-inhibiting peptides registered notable revenue share in cosmetic peptide synthesis market. Amid their natural occurrence, high-stability and the capability to stimulate distinct cellular functions signal peptides segment generates the highest revenues in global cosmetic peptide synthesis market.
Based on Application
• Eye Care
• Hair Growth
Based on Technology
• Solid-phase Synthesis
• Liquid-phase Synthesis
• Hybrid- Recombinant Technology
Based on End-User
• Pharmaceutical and Biotech Companies
• Contract Manufacturing Organizations
• Research and Development Centres
Based on Region
• North America
o South Korea
• China (has a separate market)
• Middle East and Africa
o Saudi Arabia
o South Africa
North America accounts for the largest revenue shares in global cosmetic peptide synthesis market owing to the presence of large-scale pharmaceutical and biotech industries. The pharmaceutical sector in the United States has long been a leader in the creation of new medications, and member businesses of the Pharmaceutical Research and Manufacturers of America (PhRMA) continue to remain at the forefront.
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In January 2022, BASF launched Peptovitae, a series of four patented peptides that stands in for a new generation of scientifically developed biomimetic peptides. The Peptovitae series addresses a wide range of skin concerns than are traditionally accompanied with the use of peptides.
In July 2021, ADOREYES, a Canadian cosmetic brand provided natural beauty enhancing products, ADOREYES Plus Lashes & Brows Enhancing Serums have expanded distribution into New Zealand with its first on the global market Triple Peptide Complex formulations.
Key takeaways from the report:
o Deep-insights on regional analysis coupled with other segmental analysis.
o Growth factors, trends and challenges.
o The global and regional Cosmetic Peptide Synthesis Market is anticipated to reach a value of US $1011.99 Million by 2030, growing at a steady CAGR of 5.5%.
Major questions answered in the report:
1. What are the major challenges, growth factors and trends in the global or regional cosmetics peptides synthesis market?
2. Which leading companies contribute in the growth of global and regional cosmetic peptides synthesis market?
3. Which regional segments accounts for the largest revenue share in the global and regional cosmetic peptides synthesis market?
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