Glycylglycine Market Size

Glycylglycine Market size is set to register remarkable growth rate during the forecast period i.e., between 2024-2036. The growth of the market can be attributed to the increasing application of glycylglycine in healthcare and cosmetic industries. In healthcare, glycylglycine is used as a metabolite, and in research activities related to treatment of colorectal cancer, cystic fibrosis, and prostate cancer. In turn, the growing investment in the medical R&D activities is estimated to drive the growth of the market. As per the data by the World Bank, 2.203% of the global gross domestic product (GDP) was spent on R&D activities in 2018. In addition to this, glycylglycine is also intensively used in the cosmetic industry for manufacturing hair and skin conditioners. The increasing adoption of organic chemicals for production of cosmetics and other personal goods is estimated to boost the market growth. Moreover, the surging import and export of chemicals across the globe, backed by the growth of the chemical sector, is further likely to propel the demand for glycylglycine during the forecast period.

Glycylglycine is a dipeptide formed from glycine residues, which has a varied pH range of 2.5–3.8 and 7.5–8.9. Owing to its pH range and low toxicity, it is used as a buffer for biological systems, especially metabolic activities. It is considered as the simplest of all peptides, and is used for improvement in protein solubility after cell lysis.