According to Future Market Insights, the Glycine soja (soybean) seed extract market is estimated at US ~$2.25 billion this year (2023) and is expected to reach ~$4.27 billion by 2033, expanding at a CAGR of 6.6%. The firm notes that soybean seed extract is a good source of vitamin E. It is also a powerful antioxidant and anti-inflammatory agent for the skin, protecting against free radial damage and reducing signs of aging and photoaging, such as wrinkles and fine lines.
See archived: Next in Skin; Phytoestrogen Soy Isoflavones
More specifically, according to Steventon, the soy isoflavones genistein and daidzein provide antioxidant and estrogenic properties that have been proposed to protect against skin aging in postmenopausal women. These actives are used to help reduce photoaging, skin dryness and wrinkles, and restore skin elasticity. They also are listed in the Personal Care Product Council (PCPC) INCI Dictionary for their skin-conditioning effects.
In relation, the Yield Lab Institute, a global agricultural technology thinktank, recently launched its Soy Innovation Challenge 2023, which aims to support, advance and fund the most promising ideas, technologies and products for new markets of soy meal — including cosmetics and personal care. The competition offers the chance to win cash and in-kind prizes. Enter today. The deadline is Dec. 1, 2023.
For more information, visit www.thesoychallengelive.com.
