| Peptides Surge in Popularity In recent years, peptides have gained significant momentum in the anti-aging sector in China, emerging as a key ingredient alongside renowned components like retinol, pro-xylane, and collagen. As of the end of September 2024, there were 21,665 skincare products featuring peptides as their primary selling point that are active in China, with the majority of them registered/notified in the past two years. According to data from Frost & Sullivan, the market size for peptide-based cosmetic ingredients in China reached RMB 1.45 billion in 2021 and is projected to grow to RMB 2.32 billion by 2025, reflecting
