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Capryloyl Glycine Market size was worth USD 65 million in 2022 and is predicted to observe more than 5.5% CAGR between 2023 to 2032. Rising sales of high-quality and premium hair care and skin care products to fuel overall market growth.
The incidence of hair issues like hair fall, dandruff, dry hair, unhealthy hair, and more have drastically increased across nations worldwide. According to a study by the Australian Journal of General Practice, approximately 49% of women will experience hair loss throughout their lives, with female pattern hair loss (FPHL) being the common cause of female alopecia. Such incidences increase with age and are aggravated due to external factors like unhealthy eating habits, pollution, and stress.
With growing awareness through social media, consumers are spending heavily on hair care products that contain capryloyl glycine to counter problems associated with hair fall and dandruff. Rising sales of premium and high-quality haircare and skincare products would offer impetus to the market progress.
Report Attribute | Details |
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Base Year: | 2022 |
Capryloyl Glycine Market Size in 2022: | USD 65 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 115 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 245 |
Tables, Charts & Figures: | 373 |
Segments covered: | Purity, Application |
Growth Drivers: | |
Pitfalls & Challenges: |
Certain health hazards linked with the use of capryloyl glycine would impede capryloyl glycine market share. Capryloyl glycine exhibits various hair care and skin care benefits, but the product is touted to cause irritation, allergies, respiratory issues, and asthma. However, increasing R&D efforts focused towards the formulation and development of effective skincare and hair care products should create new growth opportunities and demand for capryloyl glycine by cosmetics brands.