Cosmetic Peptide Synthesis Market, By Application (Hair Growth, Eye Care, Anti-Ageing, Anti-Pigmentation, and Others), By End-Users (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Contract Development & Manufacturing Organization (CDMO), and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Market for cosmetic peptide synthesis was valued at US$ 191.7 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% to reach US$ 346.8 million by 2032.

Peptide synthesis is being used for more research reasons, such as generating antimicrobial drugs, diagnosing and treating cancer, mapping epitopes, manufacturing vaccines and antibodies, and more. Its uses are growing due to advancements in the bioengineering and biotechnology sectors. Amino acids, or peptides, provide specific proteins with their necessary structure for the skin.

Increased R&D efforts and the widespread application of peptides in the pharmaceutical industry have positively impacted the target market's expansion. The use of cosmetic peptides and expanding cosmetic industries have both fueled market expansion. The growing incidence of eye and skin conditions is also anticipated to fuel market expansion for cosmetic peptide synthesis.