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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.
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.
North America capryloyl glycine market size is expected to register around 5.5% CAGR by the end of 2032 due to the shift in customer preference towards cosmetics products with short drying time and higher quality.
Global market for capryloyl glycine was valued at around USD 65 million in 2022 and is predicted to observe more than 5.5% CAGR from 2023 to 2032.
Cosmetics segment is estimated to surpass USD 29 million by 2032 as it helps keep the pH level of cosmetics balanced and reduces microbial growth.
Shandong Sanyoung Industry Co., Ltd., AE Chemie, Inc, Dayang chem (Hangzhou) Co., Ltd., Shandong Chuang Ying Chemical, Xiamen Hisunny Chemical. Co., Ltd., Ltd., Sinerga S.p.A., Minasolve, , are some of the leading players in the global capryloyl glycine industry.