FMI predicts a promising future for the serine amino acid
market (US$302 million by 2034)
driven by L-serine's vital role in brain development and function.
L-serine's benefits for neurological health fuel market growth. Get
full report insights.
NEWARK, Del., April 30, 2024 /PRNewswire/ -- Market research
firm Future Market Insights projects a total of US$ 150.3 million to be generated by the
serine amino acid market by 2024. The global market
is forecast to reach US$ 302
million by 2034, with a CAGR of 7.2%.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19554
Serine is an essential component of purine and pyrimidine
biosynthesis. Serine is the most common one-carbon unit used to
produce S-adenosylmethionine through methylation. In
tetrahydrofolate methylation processes, it provides a one-carbon
unit.
In addition to being a neurotrophic factor, L-serine is also a
building block of neurotransmitters. In brain development, neuronal
proliferation, and various brain activities, it has been shown to
be crucial. For injuries and illnesses of the nervous system, it
might act as a neuroprotective agent.
Changes in serine metabolism have been linked to cancer, and
active serine synthesis is likely necessary to support the
processes that affect cancer, such as amino acid transport,
nucleotide synthesis, folate metabolism, and homeostasis. L-serine
is involved in the creation of proteins, neurotransmitters,
nucleotides, and lipids and is essential for brain development.
Report Scope
Attributes
|
Details
|
Estimated Market
Size in 2024
|
US$ 150.3
million
|
Projected Market
Valuation in 2034
|
US$ 302
million
|
Value-based CAGR
2024 to 2034
|
7.2 %
|
Forecast
Period
|
2024 to 2034
|
Historical Data
Available for
|
2019 to 2023
|
Market
Analysis
|
Value in US$
million
|
Key Market Segments
Covered
|
By Type:
- L-Serine
- D-Serine
- DL-Serine
By Application:
- Dietary Supplements
- Pharmaceutical
- Cosmetics
By Region:
- North America
- Latin America
- East Asia
- Western Europe
- Eastern Europe
- South Asia and Pacific
- The Middle East and Africa
|
Key Countries
Profiled
|
- The United States
- Canada
- Brazil
- Mexico
- Germany
- United Kingdom
- France
- Spain
|
- Italy
- Poland
- Russia
- Czech Republic
- Romania
- India
- Bangladesh
- Australia
|
- New Zealand
- China
- Japan
- South Korea
- GCC Countries
- South Africa
- Israel
|
Key Takeaways from the Market Study
- L-serine market revenues are expected to increase by 7% CAGR
between 2024 and 2034.
- From 2019 to 2023, Japan has
registered a market value of 12.1% CAGR.
- Projections indicate the United
States will hold a market value of US$ 54.5 million by 2034.
- Serine amino acids are expected to hold an 8.4% CAGR of the
market between 2024 and 2034 in the United Kingdom.
- China is expected to generate
US$ 33.5 million by 2034.
- The market for dietary supplements is expected to grow at a
steady rate of 6.8% CAGR over the next ten years.
"Health awareness and dietary supplement demand among the
young generation are driving the serine amino acid market. The
development of new delivery systems and raw materials will expand
the market." Says Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.).
Competitive Landscape
Serine supplements may be developed by businesses that conduct
research and development in nutritional supplements. New products
and advancements in serine supplementation science are made
possible by these companies.
The industry is dominated by businesses that supply raw
materials such as serine and amino acids to supplement
manufacturers. Various sectors, including food and beverage,
pharmaceuticals, and dietary supplements, require serine and other
amino acids so that these suppliers may benefit from the need.
- Merck KGaA is a multinational science and technology
corporation that operates in the healthcare, life sciences, and
performance materials industries. In North America, it is referred to as EMD Group.
They provide a broad range of goods and services, such as specialty
chemicals, lab supplies, biotechnology solutions, and
medications.
- Kyowa Hakko Bio Co., Ltd. is a biotechnology business based in
Japan that specializes in the
research, development, production, and distribution of
pharmaceuticals, nutraceuticals, and ingredients for functional
foods. They are well-known for their products made from amino
acids and for their studies in the fields of sports nutrition,
brain health, and immunological health.
Purchase now and gain full access to
the Serine Amino Acid Industry report, featuring comprehensive
Market Forecast, Company Share Analysis, Competition Intelligence,
DROT Analysis, Market Dynamics and Challenges, and Strategic Growth
Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased global serine amino
acid market analysis, providing historical data from 2019 to 2023
and forecast statistics from 2024 to 2034
To understand market opportunities, the serine amino acid market
is segmented based on type (L-serine, D-serine, DL-serine),
application (dietary supplements, pharmaceutical, cosmetics), and
region (North America,
Latin America, East Asia, Western
Europe, Eastern Europe,
South Asia and Pacific,
East Asia, and the Middle East and Africa).
About the Food and Beverage Division at Future Market
Insights
The food and beverage team at Future Market Insights offers
expert analysis, time-efficient research, and strategic
recommendations to provide authentic insights and accurate results
to help clients worldwide. With over 100+ reports and one million+
data points, the team has analyzed the industry lucidly in 50+
countries for over a decade. The team briefly analyzes key trends,
including competitive landscape, profit margin, and research
development efforts.
About the Author:
Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.) has 7+ years of management consulting
experience. She advises industry leaders and explores off-the-eye
opportunities and challenges. She puts processes and operating
models in place to support their business objectives.
She has exceptional analytical skills and often brings thought
leadership to the table.
Nandini has vast functional expertise in key niches, including
but not limited to food ingredients, nutrition & health
solutions, animal nutrition, and marine nutrients. She is also
well-versed in the pharmaceuticals, biotechnology, retail, and
chemical sectors, where she advises market participants to develop
methodologies and strategies that deliver results. Another feather
to her cap manifests in the form of process automation. She is
vocal about bringing automation to the fore to bring a
360-degrees-round revolution in manufacturing sector
Her core expertise lies in corporate growth strategy, sales and
marketing effectiveness, acquisitions and post-merger integration
and cost reduction. Nandini has an MBA in Finance from MIT School
of Business. She also holds a Bachelor's Degree in Electrical
Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in
journals including Beverage Industry, Bloomberg, and Wine Industry
Advisor.
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