Capryloyl glycine is an amino acid that is widely used in personal care and cosmetic products due to its antimicrobial and anti-inflammatory properties. The global capryloyl glycine market is expected to grow significantly in the coming years due to the increasing demand for personal care and cosmetic products. This article provides an overview of recent developments and future projections in the capryloyl glycine market.
Recent Developments:
- Launch of New Products: Several companies in the personal care industry have launched new products containing capryloyl glycine. For instance, in May 2021, Lubrizol launched a new product, Carbopol SMART 3000 polymer, which contains capryloyl glycine as an active ingredient. This product is designed to provide a range of benefits such as antimicrobial protection, improved sensory experience, and enhanced formulation stability.
- Partnerships and Collaborations: Companies operating in the capryloyl glycine market are entering into partnerships and collaborations to expand their product offerings and enhance their market presence. For instance, in August 2021, DSM announced a partnership with By-Health, a leading Chinese nutraceutical company, to jointly develop and market personal care products in China. This partnership is expected to boost the sales of DSM’s capryloyl glycine products in the Chinese market.
- Mergers and Acquisitions: Several companies in the personal care industry are engaging in mergers and acquisitions to expand their market share and enhance their product offerings. For instance, in October 2020, BASF announced the acquisition of Glycom A/S, a leading provider of human milk oligosaccharides (HMOs), including capryloyl glycine. This acquisition is expected to enhance BASF’s portfolio of natural and sustainable ingredients for the personal care industry.
Future Projections:
- Growing Demand for Natural and Sustainable Personal Care Products: With the increasing awareness about the harmful effects of synthetic chemicals, consumers are increasingly shifting towards natural and sustainable personal care products. Capryloyl glycine is a natural amino acid that is commonly used in personal care products. This trend is expected to drive the growth of the capryloyl glycine market in the coming years.
- Increasing Demand for Anti-aging and Anti-acne Products: Capryloyl glycine is known for its anti-inflammatory and antimicrobial properties, which make it a popular ingredient in anti-aging and anti-acne products.
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