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New research on serine amino acids has been published based on a detailed market analysis conducted by FMI. Market analysts predict that the global serine amino acid market size is expected to reach US$ 150.3 million by 2024.
The growth rate of the serine amino acid market is expected to reach 7.2% between 2024 and 2034 for the serine amino acid market. According to estimates, the market will be valued at about US$ 302 million by 2034.
Sustainable sourcing and production of serine amino acids may become more important with increasing concern about the environment and resource scarcity. By using renewable energy-powered fermentation and bioreactors, the environmental impact of production can be minimized.
Attributes | Key Insights |
---|---|
Serine Amino Acid Market Size in 2024 | US$ 150.3 million |
Projected Market Value in 2034 | US$ 302 million |
Value-based CAGR from 2024 to 2034 | 7.2% |
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Technology advancements, such as digital transformation, have made a significant impact on industry productivity and innovation. The use of innovative analytical techniques to ensure the purity and quality of serine is expected to drive the demand.
Creating a digital economy and fostering new growth avenues has allowed companies to remain viable in ever-changing markets. The serine amino acid market recorded a CAGR of 8.9% between 2019 and 2023.
Agricultural, energy, and health development have been supported by technological change. With the advancement of technology, current technologies have become more accessible and useful. Due to the increased accessibility of technology, rapid advances and widespread adoption have been possible.
The emergence of adaptive technologies, biotechnology, nanotechnology, robotics, information technology, and cognitive technologies will fuel technology advancement. Self-regulating systems in the medical field are expected to be developed and widely used as part of this development. The projections indicate that the CAGR will reach 7.2% between 2024 and 2034.
Historical CAGR from 2019 to 2023 | 8.9% |
---|---|
Serine Amino Acid Market Forecast CAGR from 2024 to 2034 | 7.2% |
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According to Future Market Insights, the serine amino acid market, the acetyl serine market, and the phosphatidylserine market will be analyzed.
Phosphatidylserine may enhance a wide variety of aspects of life, particularly cognitive function, weight loss, and aging-associated memory loss. A quality supplement and its source are essential to achieving these benefits. Optimal doses should be established for specific conditions, and potential uses should be explored.
Acetyl serine is critical for the biosynthesis of cysteine, an amino acid commonly found in bacteria and plants. With increasing demand from a variety of industries, as well as potential applications in pharmaceuticals, acetyl serine appears to be a promising product in the near future. As a result, acetyl serine is being used in a variety of sectors and is experiencing growth.
Serine Amino Acid Market:
Attributes | Details |
---|---|
CAGR from 2024 to 2034 | 7.2% |
Key Trends | Growing concern about health and the need for customized nutritional solutions among consumers are key trends. |
Growth Factor | Research and development activities and technology advancements are expected to increase. |
Phosphatidylserine Market:
Attributes | Details |
---|---|
CAGR from 2023 to 2033 | 5.3% |
Key Trends | With high demand, the pharmaceutical industry drives the market. |
Growth Factor | As food additives become more nutritious and fortifying, the market is anticipated to grow. |
Acetyl Serine Market:
Attributes | Details |
---|---|
CAGR from 2023 to 2033 | 6.5% |
Key Trends | Advances in biotechnology and innovations are key trends. |
Growth Factor | Increasing consumer awareness of healthy foods and nutritional supplements is essential to the expansion of the market. |
Growth is anticipated in South Korea, Japan, China, the United Kingdom, and the United States. The impact of rising demand for bio-based products on the serine market is expected to accelerate in various countries.
Strategies for new entrants to focus on niche markets (e.g., high-purity serine for pharmaceutical applications, organic serine for the natural food market) or develop innovative production technologies.
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 7.6% |
United Kingdom | 8.4% |
China | 7.9% |
Japan | 8.9% |
South Korea | 9.3% |
Due to its ability to promote cognitive health and potentially treat neurological disorders, serine is becoming increasingly popular in the dietary supplement sector. In the aging population, cognitive function and memory support are particularly prevalent. Market analysts predict a 7.6% CAGR for the market over the next few decades.
A number of pharmaceutical companies in the United States are actively developing serine-containing drugs to treat diseases such as Alzheimer's, Parkinson's, and depression. As a result of serine's important role in the production of neurotransmitters and signal generation within cells, it is of great value in these treatments.
The market for serine amino acids has increased significantly in the United Kingdom as a result of increasing awareness about the health benefits associated with serine supplementation.
Government funding for research on the potential health benefits of serine supplementation to drive the market. A growing number of consumers are turning to dietary supplements with serine as a primary component in order to improve their cognitive health.
For the Food Standards Agency (FSA) to maintain consumer confidence and support the growth of the market, it is imperative to set and enforce rigorous regulations for serine amino acid products. Forecasts predict a CAGR of 8.4% for the industry over the next ten years.
As the pharmaceutical and healthcare sectors expand in China, disposable income is rising, and consumers are becoming more health and wellness conscious, the serine amino acid market is growing strongly.
In pharmaceutical formulations, serine amino acids play a significant role as constituents of medicines designed to treat neurological disorders, metabolic disorders, and skin problems.
International trade policies and tariffs affecting the import/export of serine and raw materials to a global leader in the production and supply of serine amino acids. Consumer trust is bolstered by stringent regulatory frameworks, enhancing market growth and ensuring product quality and safety. It is anticipated that the CAGR between 2024 and 2034 will be 7.9%.
In terms of global market share, Japan leads the amino acids and serine markets. Amino acid markets in Japan are expected to increase because consumer spending is increasing, healthy lifestyles are gaining traction, and pharmaceutical, nutraceutical, personal care, and cosmetic industries are expanding.
A growing production of amino acids, including serine, and a growing export of feed additives from Japan is expected to propel the development of the amino acids market in Japan.
In addition, fermentation technologies are making it easier for companies in Japan to scale up the production of biobased materials, including amino acids, for various industries. The CAGR for Japan is forecast to reach 8.9% between 2024 and 2034.
South Korea has implemented a comprehensive set of policies and initiatives to achieve sustainable development in the green economy. Short-term and long-term policy frameworks for green growth are provided by the National Strategy for Green Growth and the Five-Year Plan. As part of its commitment to environmental sustainability, the country has also improved water quality, enhanced aquatic biodiversity, and produced biomass.
A CAGR of 9.3% is predicted for the South Korean serine amino acid market. South Korea's health and pharmaceutical industries rely heavily on serine production. The Daegu, South Korea-based Astrogen Inc. is developing AST-001, an L-isomer of serine, to treat kids with autism spectrum disorder (ASD). AST-001 contains L-serine, an essential amino acid that can be synthesized in the body and ingested through diet.
Here are a few leading characteristics of each market segment. Researchers may discover further therapeutic uses for L-serine in the future. Researchers could investigate the possibility of using it to treat other conditions, enhance cognitive function, or improve athletic performance.
L-serine-based therapies may additionally be developed with improved efficacy and fewer side effects as a result of biotechnology and pharmaceutical advances. Based on type, the L-Serine market will experience a CAGR of 7.5% from 2024 to 2034.
Researchers are still looking into serine's health benefits, and supplement formulations are getting better. Consumers will increasingly seek out products containing serine as scientific knowledge about its role in human health grows. A CAGR of 6.8% is projected for the dietary supplements segment between 2024 and 2034.
Category | CAGR From 2024 to 2034 |
---|---|
L-serine | 7% |
Dietary Supplements | 6.8% |
Inflammatory conditions such as obesity linked to aging could be alleviated by taking L-serine. The market revenue for L-Serine accounted for 41% of the total market share in 2023.
The use of L-serine as a neurodegenerative preventative has been studied in early-stage Alzheimer's patients. In addition to helping to synthesize phosphatidylserine, it maintains healthy levels of phosphatidylserine in brain cell membranes.
Several studies have suggested that L-serine might reduce inflammation in the brain, and its effects on schizophrenia and other neurological disorders are currently being researched.
In recent years, consumers have become more aware of the importance of preserving their health and well-being. A variety of physiological processes are dependent on serine, including proteins, neurotransmitters, and phospholipids, in order for the brain and nervous system to function normally.
Supplements containing serine are increasingly sought after as people become more health conscious. A market share of 38% was recorded for dietary supplements in 2023.
Aside from mood regulation and stress management, serine is crucial to the production of dopamine, serotonin, and other neurotransmitters. As a result of intense exercise, increased levels of serine are produced in the body, which provides energy in the form of creatine. Sportsmen and fitness enthusiasts can benefit from taking serine supplements by maintaining energy levels, improving muscle function, and recovering after exercise.
Health and wellness products, including serine supplements, maybe the focus of smaller companies and niche brands. Leading serine amino acid manufacturers that make supplements containing serine, especially one that offers a variety of products, are likely to be successful.
Recent mergers and acquisitions in the market are expected to lead to an expansion of the market. Leading players in the serine amino acid market include:
Key Market Developments
Attributes | Details |
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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 Regions Covered |
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Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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A market worth US$ 150.3 million for serine amino acids is predicted for 2024.
In 2034, the serine amino acid market will reach US$ 302 million.
A 7.2% CAGR is forecast for the serine amino acid market between 2024 and 2034.
L-serine is forecast to expand at a CAGR of 7% from 2024 to 2034.
By 2034, South Korea will lead the serine amino acid market with a 9.3% CAGR.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 5.1. L-Serine 5.2. D-Serine 5.3. DL-Serine 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 6.1. Dietary Supplements 6.2. Pharmaceutical 6.3. Cosmetics 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Key Segments and Countries 15. Sales Forecast 2024 to 2034 by Type, and Application for 30 Countries 16. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 17. Company Profile 17.1. Competition Deep Dive 17.1.1. Tokyo Chemical Industry Co., Ltd 17.1.2. Thermo Fisher Scientific India Pvt. Ltd 17.1.3. Merck KGaA 17.1.4. Kyowa Hakko Bio Co., Ltd 17.1.5. Evonik Industries AG 17.1.6. Ajinomoto Co., Inc. 17.1.7. Sichuan Tongsheng Amino acid Co., Ltd 17.1.8. Lipotec S.A.U. 17.1.9. Bioven Ingredients 17.1.10. Mitsui Chemicals
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