Global Cosmetic Peptide Synthesis Market Size

Cosmetic Peptide Synthesis Market Analysis

The cosmetic peptide synthesis market is expected to register a CAGR of 5.5% over the forecast period.

COVID-19 had an adverse impact on the cosmetic industry including the cosmetic peptide synthesis industry. For instance, the research study published in October 2021 stated significant differences in cosmetic usage. The article predicted that cosmetic usage would revert back to pre-COVID levels for eye, lip, and skin cosmetics after 1-2 years. Despite that, the United States Cosmetic Industry expected a significant decline in 2020. Similarly, another article published in October 2020 in the International Journal of Eating Disorders titled stated that the study led by researchers from Swinburne's Centre for Mental Health (CMH) has found that while most people reported spending less time investing in their appearance since COVID-19 began, individuals with high dysmorphic concern continued to feel self-conscious about their appearance. However, the studied market has been recovering over the last two years since the cosmetic peptide synthesis restrictions were lifted. The market will require another 1-2 years to show a stable growth rate.

In addition, the increasing prevalence of eye and skin disorders and increasing research and development activities are actively affecting the growth of the studied market.

Several cosmetic peptides, such as Acetyl Tetrapeptide-5 and Dipeptide-2, improve lymphatic circulation and are often used in eye creams aiming to combat dark and puffy under-eye circles. Peptides like oligopeptide-34 and nonapeptide-1 are used for treating skin pigmentation. For instance, according to a research article published in Karger Journal in May 2021, it has been observed that people with dark skin (South/Southeast Asian, Hispanic/Latin American, and African descent) have a high prevalence of pigmentary disorders. The same source stated that pigmentary disorders are the third and fourth more common dermatoses in Blacks and Hispanics, respectively. Thus, the high prevalence of pigmentation disorders and the advantages of cosmetic peptide in correcting skin pigmentation is expected to propel the cosmetic peptide synthesis market during the forecast period.

Furthermore, researchers have shown that several peptides have the ability to promote wound healing, cell migration, and angiogenesis. Cosmetic peptides have applications in eye care, aging, and pigmentation advantages, and various clinical trials are being conducted to validate the advantages. For instance, in a clinical trial published in Clinical Aesthetic Dermatology Journal in May 2021, the enhanced peptide-based serum combines five neuromodulating peptides, which target pre- and postsynaptic pathways at the neuromuscular junction to induce muscle relaxation and attenuate facial expression, thus minimizing the formation of expression lines. These peptides were scientifically demonstrated to have statistical significance in lowering the appearance of facial lines, eye lines, and eye wrinkles at a maximum smile and facial rest relative to baseline. The rising trials using cosmetic peptides and the advantages offered are expected to propel the market growth during the forecast period.

Therefore, owing to the aforementioned factors, such as rising demand for cosmetic peptides for various applications and increasing product launches, the studied market is anticipated to witness growth over the analysis period. However, stringent regulation for the approval of cosmetic peptides is likely to impede market growth.