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Capryloyl glycine market from the 99% and above purity segment is predicted to surpass USD 80 million by 2032. This purity level of capryloyl glycine is typically used in cosmetics because it is efficient in preventing elastin from activating, which reduces wrinkles. It works in cosmetics as a conditioner and can help improve the effectiveness of cosmetic preservatives to protect the skin’s surface. Due to its effectiveness, accurate composition, and high level of purity, the demand for 99% capryloyl glycine is expected to be robust among cosmetic manufacturers.
Capryloyl glycine market share from the cosmetics application segment is estimated to surpass USD 29 million by 2032. The segment is further categorized into acne care products and anti-wrinkle products. Capryloyl glycine is useful in cosmetics items as it can maintain the pH level balance of the product and reduce microbial growth.
It is also used in acne care products and acne medications to treat mild to moderate breakouts. The ability to control excessive sebum secretion makes capryloyl glycine conducive to prevent and treat different acne problems. Steady growth in the sales of cosmetic products through online platforms would supplement market outlook.
North America capryloyl glycine market is expected to register around 5.5% CAGR between the forecast years 2023 to 2032. Shift in customer preference for cosmetic products with short drying time and higher quality has led to strong demand for capryloyl glycine in North America. The personal care products sector in the region has witness exponential growth over recent years driven by the presence of key cosmetic manufacturers and a strong consumer base.
Companies in this U.S. cosmetic sector are focusing on developing new products containing capryloyl glycine. For instance, in September 2022, TRI-K Industries, one of the leading U.S. manufacturers of actives and specialty ingredients, launched Galgaurd Tetra, an amino acid-based preservative that contains capryloyl glycineto to offer a great alternative to traditional preservatives.