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Sodium Cocoyl Glycinate Market is Estimated to Grow at a CAGR of 4.6% from 2023 to 2031

06-18-2024 09:43 AM CET | Chemicals & Materials

Press release from: Transparency Market Research

Sodium Cocoyl Glycinate Market is Estimated to Grow at a CAGR

The sodium cocoyl glycinate market is poised for significant growth over the next decade, fueled by the rising consumer preference for natural and mild cleansing ingredients. This article delves into the key aspects of this market, analyzing its current state and future prospects.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=40814

Sodium cocoyl glycinate is a naturally derived surfactant, commonly sourced from coconut oil and glycine. It offers mild cleansing properties, making it ideal for sensitive skin and hair care products. The increasing demand for sulfate-free and biodegradable cleansing solutions is propelling the sodium cocoyl glycinate market forward.

Market Size and Growth

Market research estimates vary on the size and growth rate of the sodium cocoyl glycinate market. Here's a range based on the information you provided:

The sodium cocoyl glycinate market was valued at US$ 64.8 Mn in 2022; It is estimated to grow at a CAGR of 4.6% from 2023 to 2031 and reach US$ 96.8 Mn by the end of 2031

Market Segmentation

The sodium cocoyl glycinate market can be segmented based on various factors:

By Service Type: Liquid vs. Solid/Powder
By Sourcing Type: Organic vs. Conventional
By Application:
Hair Care (Shampoos, Conditioners)
Skin Care (Face washes, Body washes)
Baby Care Products
Cosmetics (Cleansers, Makeup removers)
By Industry Vertical: Personal Care & Cosmetics, Pharmaceuticals

Regional Analysis

The Asia Pacific region is expected to dominate the sodium cocoyl glycinate market due to the growing disposable income and increasing awareness of natural ingredients in these countries. Europe and North America are also expected to witness significant growth due to the presence of established personal care industries and a strong focus on sustainable products.

Market Drivers and Challenges

Drivers:
Rising demand for sulfate-free and natural personal care products
Growing awareness of gentle cleansing for sensitive skin and hair
Increasing focus on biodegradable and sustainable ingredients
Challenges:
Price fluctuations of raw materials
Stringent regulations on cosmetic ingredients in certain regions
Competition from established surfactant alternatives

๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž | ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ :https://www.transparencymarketresearch.com/checkout.php?rep_id=40814<ype=S

Market Trends

Increasing adoption of natural and organic ingredients in personal care products
Growing demand for multi-functional products containing sodium cocoyl glycinate
Rising popularity of online retail channels for personal care products

Future Outlook

The future of the sodium cocoyl glycinate market appears bright. With the increasing consumer focus on natural, gentle, and sustainable ingredients, the demand for this product is expected to rise steadily in the coming years.

Key Market Study Points

The impact of COVID-19 on the sodium cocoyl glycinate market
The growing adoption of sodium cocoyl glycinate in baby care products
Technological advancements in the production of sodium cocoyl glycinate

Competitive Landscape

The competitive landscape of the sodium cocoyl glycinate market is fragmented, with several major and regional players. Some of the key players include BASF, Clariant, Seppic, and Ashland Inc.

Recent Developments

There is a growing trend of personal care brands launching new product lines specifically formulated with sodium cocoyl glycinate to cater to the demand for natural and gentle cleansing solutions.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Synthetic Zeolite Market : https://www.prnewswire.com/news-releases/synthetic-zeolite-market-to-be-worth-usd-6-7-billion-by-2031-exclusive-report-by-transparency-market-research-inc-301994648.html

Recycled Metal Market - https://www.prnewswire.com/news-releases/recycled-metal-market-size-to-be-worth-usd-1-1-billion-by-2031--with-notable-cagr-of-3-6-transparency-market-research-inc-302012609.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

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