Cosmetic Peptide Synthesis Market is expected to increase at a CAGR of 5.6% over the forecast period (2022-2032)

Persistence Market Research reveals that the cosmetic peptide synthesis market was valued at US$ 182.1 Mn at the end of 2021 and it is expected to increase at a CAGR of 5.6% over the forecast period (2022-2032). The cosmetics industry is focusing on the development of new synthetic peptides, as they are been proven to be one of the most promising and effective active ingredients in the growing and innovative cosmetics market.

Consumers are increasingly demanding finished products that deliver proven scientific benefits through the incorporation of well-known, safe, and trusted ingredients. Bioactive peptides have been widely used in cosmetics to provide anti-aging, whitening, and skin renewal effects. Several key cosmetic manufacturers are focusing on commercializing high-quality, cheaper cosmetic peptide synthesis on a wider level to cater to the growing demand for synthetic cosmetic formulations.

Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/26248

Company Profiles:

Croda International Plc
Ashland
DSM [Koninklijke DSM NV]
Bachem
Genscript Biotech Corp
BASF SE
Geltor
Lubrizol Corporation
Symrise
Bio basic Inc.
Regeron Inc.
Merck KGa
RS Synthesis, LLC
CSBio Company Inc.
Creative Peptides
Spec Chem Industry Inc.
LipoTrue, SL
Fibroheal
Seiwa Kasei Co., Ltd.
Stroking

Key Takeaways from Market Study

Signal peptides accounted for the highest market share more than 73%, by product segment, in 2021.
The skin care segment gained traction in the global cosmetic peptide synthesis market accounting for the highest market share of 83.3% in 2021.

Application of anti-aging series peptides dominated the market holding around 55.6% share in 2021.

Based on end user, cosmetic manufacturers are widely adopting cosmetic peptides to prepare synthetic formulations, and the segment held a market share of around 48.6% in 2021.

East Asia accounted for around 37.3% of the global market share in 2021 and is set to exhibit dominance at a CAGR of 6% through 2032.

"Rising demand for synthetic cosmetic formulations and increasing peptide synthesis service offerings are anticipated to drive demand for cosmetic peptide synthesis over the coming years," says an analyst of Persistence Market Research.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/26248

Market Competition

Given the huge potential of peptide sources, biopharmaceutical synthesis has been gaining great traction in the cosmetics market. However, to sustain the peptide industry and leverage its position in the cosmetics market, pharmaceutical and biotechnology companies are focusing on strategic approaches to accelerate the cosmetic peptides market.

Additionally, to increase the quality, affordability, and sustainability of their products and increase their sales across the world, several market players are strategically entering into collaborative agreements.

For instance,

In Jan 2021, BASF signed an exclusive supply agreement with Caregen for the development of four cosmetic peptides - anti-ageing, anti-pigmentation, prone-atopic, and prone-acne skins. Through this strategic agreement, BASF aims to expand its dermo-cosmetics portfolio.

In February 2020, LipoTrue S.L collaborated with Proya Cosmetics Co., Ltd., a leading Chinese cosmetics company to contribute their support in core technologies for Proya's functional cosmetic product line.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/26248

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the cosmetic peptide synthesis market in its latest study, presenting a historical demand assessment of 2012 - 2021 and projections for 2022 - 2032.

Key geographies evaluated in this report are:

North America - U.S, Canada
Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC - China, India, Japan, Australia, Others
Latin America - Argentina, Brazil, Others

Access Related Reports-

Aesthetic Lasers And Energy Devices Market: https://www.persistencemarketresearch.com/market-research/aesthetic-lasers-and-energy-devices-market.asp

Botulinum Toxin Market: https://www.persistencemarketresearch.com/market-research/botulinum-toxin-market.asp

Contact Us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.