Cosmetic Peptide Synthesis Market: By Application (Anti-Aging, Eye Care, Anti Pigmentation, Hair Growth), By End-User (Pharmaceutical and Biotechnology Companies, Contract Development and Manufacturing Organizations (CDMO), Academic and Research Institutes), and Geography

Cosmetic Peptide Synthesis Market size was valued at USD 221.4 million in 2023 and is poised to grow at an 5.7% CAGR from 2024 to 2030. Cosmetic peptides are effective compounds that improve the skin’s physiological health and functions. For example, they help increase the skin’s permeability and stability. It also supports better interaction with cell receptors. As people become more conscious about their skin and looks, it has led to a boom in the cosmetic industry with a huge focus on synthetic cosmetic production, thereby increasing the market demand. This surge has led to extensive hair care and skin care product development, positively influencing market growth. An increase in self-care awareness has led to an increased demand for cosmetic and skincare products containing quality constituents. People are now actively shopping for and using cosmetic peptide synthesis products before they reach their 30s which is considered the key driving factor for the industry demand. Products enriched with peptides are in high demand because peptides contain amino acids that are essential collagen production components. Moreover, cosmetic peptide synthesis products provide multiple benefits such as anti-aging, improving skin brightness, soothing dry skin, and moisturizing it.

Hence, its use and demand increase in a wide range of products. Another market driver is the increase in research and development activities. With the help of ongoing R&D activities, researchers have discovered that numerous peptides like Dipeptide-2 and Acetyl Tetrapeptide-5 are excellent for improving lymphatic circulation in the body. Cosmetic product manufacturers use these peptides for eye cream formulation as they help combat puffy eyes and dark circles. However, factors like chemical instability in cosmetic peptide synthesis product formulation and strict regulations for approving cosmetic peptide synthesis products may restrain the industry from growing. However, these challenges are easier to overcome if the industry players follow the best practices to conform to the highest quality and market regulations. Furthermore, the accelerating demand from men for skincare products presents opportunities for industry players to tap this untapped market and boost sales. The ongoing trends in the cosmetic peptide synthesis market are the rising demand for personalized skincare routines as well as the expansion of online retail channels can pose a great opportunity.

Cosmetic Peptide Synthesis Market Key Developments:

• In June 2022, GfN & Selco launched Peptidox Eyes, which combines effective ingredients in order to reliably eliminate puffiness and fine lines around the eyes in just a few days. It is a combination of bioactive peptides that is dipeptide-2 and acetyl tetrapeptide-5, used in cosmetic products with anti-oxidative and anti-inflammatory properties.
• In January 2022, BASF launched Peptovitae, a series of four patented peptides representing a new generation of scientifically developed biomimetic peptides used for anti-aging and skin brightening purposes.