The global capryloyl glycine market is projected to witness significant growth over the forecast period of 2021-2028. Capryloyl glycine is a natural surfactant that is widely used in personal care and cosmetic products due to its antimicrobial and anti-inflammatory properties. The increasing demand for natural and organic personal care products, rising awareness of skincare, and increasing use in food preservation are some of the key factors driving the growth of the capryloyl glycine market.
This article provides insights into the capryloyl glycine market, including industry trends and forecasts. The report also covers the key players in the market, market segmentation, and regional analysis.
Industry Trends:
- Growing Demand for Natural and Organic Personal Care Products: The increasing demand for natural and organic personal care products is driving the growth of the capryloyl glycine market. Capryloyl glycine is a natural surfactant derived from coconut oil and glycine, making it a preferred ingredient in natural and organic personal care products.
- Increasing Use in Food Preservation: Capryloyl glycine is also used as a natural food preservative due to its antimicrobial properties. The growing demand for natural food preservatives is driving the demand for capryloyl glycine in the food industry.
- Technological Advancements: The development of new technologies and manufacturing processes is expected to lower the production cost of capryloyl glycine, making it more accessible to manufacturers and consumers.
Market Segmentation:
Based on the application, the capryloyl glycine market can be segmented into personal care products, food preservation, and others. The personal care products segment is expected to dominate the market due to the increasing demand for natural and organic personal care products worldwide.
Regional Analysis:
The capryloyl glycine market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is expected to dominate the market due to the growing demand for personal care and cosmetic products and increasing awareness of natural ingredients in the region.
Key Players:
Some of the key players in the capryloyl glycine market include DSM, Minasolve, Schülke & Mayr, BASF SE, and Clariant.
Forecast:
The capryloyl glycine market is expected to witness significant growth over the forecast period of 2021-2028. The increasing demand for natural and organic personal care products, rising awareness of skincare, and increasing use in food preservation are some of the key factors driving the growth of the market. The market is also expected to be driven by technological advancements and the development of new manufacturing processes.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.