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Glycine Soja (Soybean) Seed Extract Market Trends

  • Report ID: GMI7727
  • Published Date: Dec 2023
  • Report Format: PDF

Glycine Soja Seed Extract Market Trends

The glycine soja (soybean) seed extract industry is witnessing notable trends in response to evolving consumer preferences and industry dynamics. With a growing emphasis on sustainable and natural ingredients in skincare and cosmetics, glycine soja seed extract is gaining traction for its inherent moisturizing and antioxidant properties. The market is experiencing an upsurge driven by the rising demand for plant-based formulations in personal care products. Additionally, manufacturers are focusing on innovation, incorporating Glycine Soja Seed Extract into diverse formulations to cater to specific skincare needs. However, it's essential for industry players to navigate challenges related to consumer concerns about genetically modified soybeans and allergenicity. As the market continues to expand, a key trend involves efforts to build consumer trust through transparent sourcing practices and addressing health-related apprehensions, ensuring the sustained growth of glycine soja seed extract in the broader beauty and skincare industry.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for glycine soja (soybean) seed extract was USD 2.40 billion in 2023 and is estimated to reach USD 4.30 billion by the end of 2032 owing to higher usage in skincare and cosmetic products to offer moisturizing and antioxidant properties

Glycine soja seed extract market from the soy protein isolates product segment recorded USD 960.3 million in 2023 driven by extensive application in the food and pharmaceutical industries.

U.S. industry for glycine soja (soybean) seed extract reached USD 516.9 million in revenue in 2023 and is anticipated to expand at a significant pace from 2024-2032 attributed to the growing demand for natural and sustainable products

Some of the major glycine soja (soybean) seed extract industry players are Symrise AG, JF Natural Ingredients, Grau Aromatics GmbH & Co. KG, Bellatorra Skin Care LLC, Global Essence, Lucas Meyer Cosmetics, and The Organic Pharmacy Ltd.

Glycine Soja (Soybean) Seed Extract Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 203
  • Countries covered: 23
  • Pages: 180
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