Cosmetics Peptide Synthesis Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the cosmetics peptide synthesis market was valued at USD 195.3 million in 2022, and a CAGR of 4.5% is expected during the forecast period. Increasing consumer demand for skincare and anti-aging products is driving market growth. Increasing demand for cosmetic peptides to improve skin health and appearance is the key factor behind the significant growth in the market.

Increasing demand for anti-aging products is driving growth in the market. Advances in peptide synthesis techniques have made it easier and more cost-effective to produce peptides with specific properties, allowing cosmetic manufacturers to develop innovative products with targeted skincare benefits. Growing consumer awareness and demand for natural ingredients are driving the market.

Rising disposable income and consumer preferences for premium skincare products further contribute to market growth. Ongoing research and development efforts in cosmetic science focused on identifying new peptides with enhanced skincare benefits are driving the growth of the market.

Growth Drivers

Increasing demand for cosmetic products all over the world is driving growth in the market. People are becoming more careful about their skin. Peptides are widely recognized for their ability to stimulate collagen production, which does help in reducing the appearance of wrinkles and fine lines. Addressing the growing demand for anti-aging products. Increasing consumer awareness regarding skincare ingredients and their efficacy drives the demand for peptide-based cosmetic products.

The global personal care industry’s growth, fueled by rising disposable income and changing lifestyles, is driving the demand in the cosmetics peptide synthesis market significantly. Ongoing research and development activities focus on discovering novel peptides with enhanced skincare benefits, paving the way for the development of new formulations and expanding the market further, which is driving growth in the market. Increasing awareness about skincare products among aging people all over the world is the key reason behind the growth in the market.

Increasing demand for peptides, which do easily penetrate into the skin, is driving growth in the market significantly. Increasing awareness about skin care is driving significant growth in the market. Increasing demand for the peptides by cosmetic manufacturers is driving growth in the market significantly. Hair-Care and Eye-Care are two other end products that are useful.

Segmentation

By End-Products

·         Skin-Care

·         Hair- Care

·         Eye- Care

By End-Users

·         Cosmetic Manufacturers

·         Cosmetic Contract Manufacturers

·         Biopharmaceutical Industries

By Application

·         Hair/Eyebrow Care Series Peptide

·         Whitening Series Peptide

·         Anti-aging Series Peptide

·         Skin-Renewal Series Peptide

·         Anti-inflammatory Series Peptides

·         Slimming and Breast Enhancement Peptides

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

Cosmetics Peptide Synthesis Market by End-Products Segmentation

On the basis of end-users, the Cosmetics Peptide Synthesis Market is segmented into skin care, hair care, and eye care. Skincare is the leading segment and is expected to dominate the market during the forecast period. Increasing awareness among the people about the skin-care is driving growth in the market significantly.

Ongoing research and development activities are driving growth in the cosmetics peptide market. Increasing popularity among people for hair and eye care is also driving growth in the market significantly. Peptides are aimed at strengthening hair, promoting growth, and improving overall health. These peptides do stimulate collagen production, enhance hair follicle function, or provide antioxidant effects. In the eye care segment, the peptides are commonly used to target concerns such as dark circles, puffiness, fine lines, and wrinkles around the eyes.

These peptides do work by improving skin elasticity, reducing inflammation, or increasing microcirculation. Increasing awareness among people regarding skin and hair care is driving growth in the market. The biopharmaceutical industry is driving the demand for cosmetic peptides, ultimately driving the growth of the market.

Cosmetics Peptide Synthesis Market by End-User Segmentation

On the basis of end-user, the cosmetics peptide Synthesis market is segmented into cosmetic manufacturers, cosmetic contact manufacturers, and bio-pharmaceutical industries. Cosmetic manufacturers are the leading segment and are expected to dominate during the forecast period. They play a crucial role in formulating and producing peptide-based skin-care products. These manufacturers have the expertise, resources, and infrastructure to develop innovative formulations and produce peptides efficiently.

They also have the capacity to conduct research and development to identify new ingredients and formulations that address emerging skincare concerns. Slimming and breast enhancement peptides are the most required ones on the market due to increasing demand from consumers. Rising disposable income and increasing industrialization are driving growth in the market.

Regional Outlook

On the basis of the regions, the cosmetic peptide synthesis market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is the leading segment, and it is expected to dominate the market during the forecast period. North America boasts a robust research and development infrastructure, with numerous biotechnologies and pharmaceutical companies dedicated to peptide synthesis.

Customers in this region are early adopters of new skincare trends and products, so there is a there is a high demand for effective anti-aging and skincare solutions, which drives the use of peptides in cosmetic products. The North American cosmetic industry is established with a wide range of product offerings and distribution channels. It provides ample opportunities for peptide manufacturers to supply ingredients to cosmetic companies. The increasing disposable income of consumers to invest in premium skincare products, including those containing peptides, is driving the growth of the market significantly.

Increasing demand for skincare products is driving significant growth in the market.  Increasing growth in the Asia-Pacific region due to increasing disposable income and increasing urbanization in countries like China, Japan, South Korea, and India is driving growth in the market. Increasing industrialization is forcing people to shift towards countries like China and Singapore.

Rising awareness about skin healthcare is driving growth in the market. The Middle East and Africa are experiencing significant growth in the market due to rising awareness of skincare. Egypt, South Africa, and Israel are witnessing moderate growth in the market due to rising consumer awareness. The presence of key players in the Asia-Pacific and European regions is driving growth in the market.

Key Players

·         AAPPtec

·         BASF SE

·         CEM Corporation

·         CSBio Company Inc

·         Bachem Holding AG

·         Activotec

·         Bio Basic Inc

·         GenScript

·         RS Synthesis

·         AmbioPharm

·         Other Players