Press release
Unnatural Amino Acids Market USD 817.5 Million with Top Players Dentsply Sirona (US), FONA Dental, S.R.O., Gendex, Imaging Sciences International by 2023
The Worldwide Unnatural Amino Acids Market is expected to grow at a CAGR over 12.01% from 2017 to 2023. Unnatural amino acids are not naturally encoded amino acids. These acids are used as building blocks, conformational constraints, molecular scaffolds or pharmacologically active products, there are number of structural elements for the development of new leads in peptidic and non-peptidic compounds. Owing to their wide reach in pharmaceuticals industries for developing advance drugs.Unnatural Amino Acids Market Highlights:
Based on the present trends, it may be safely assumed that many biotechnology and pharmaceutical companies will now give more attention to peptide drugs and research on them. This trend is partly due to the fact that both patients and physicians are now accepting and acknowledging the benefits from proteinaceous therapeutics. Scientists have also come up with solutions to the shelf life period of peptide drugs, and delivery problems related to them.
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Unnatural Amino Acids Market Segmentation:
The Global Unnatural Amino Acids Market is segmented on the basis of types, indication, and end users.
On the basis of THE types, the market is segmented into non-alpha, D-Amino Acids, L-Amino Acid, and others. The non-alpha type is further segmented into ß-amino acids, ß-amino acid derivatives, γ-aminobutyric acid, and others. D-Amino Acids is further segmented into D-alanine, D-glutamate, and others.
On the basis of the indication, the market is segmented into liver diseases, cancer, genetic diseases, inflammatory disease, and others.
On the basis of the end users, the market is segmented into pharmaceutical & biotechnological companies, hospital & clinics, academic institutes, and others.
Some of key the players in the market are Merck KGaA (Germany), CordenPharma International (Germany), YONEYAMA YAKUHIN KOGYO CO.,LTD. (Japan), Sekisui XenoTech, LLC. (U.S.) , Varsal (U.S.), Biosyn (U.S.), NAGASE & CO., LTD. (Japan), Kyowa Hakko Europe GmbH, AbbVie, Inc. (U.S.), Ajinomoto Co., Inc. (Japan), AminoLogics Co. Ltd. (South Korea), AnaSpec, Inc. (U.S.), BASF SE (Germany), Biological E Ltd. (India), C-TRI Co., Ltd. (South Korea), and Evonik Industries AG (Germany), Divis Laboratories Ltd. (India), Donboo Amino Acid Co., Ltd. (China), DSM Sinochem Pharmaceuticals (Singapore), EMD Millipore (USA), Enzo Life Sciences, Inc. (USA), Evonik Industries AG (Germany), GlaxoSmithKline plc (U.K), Novartis AG (Switzerland), Pfizer, Inc. (the USA), Ranbaxy Laboratories Ltd. (India), and Sanofi (France).
Unnatural Amino Acids Market Regional Analysis:
The Americas account for the major share of the global unnatural amino acids market owing to the increasing number of patients with liver diseases, well-developed technology, and increasing government support for research & development. Additionally, growing demand for amino acid derivatives for the production of pharmaceutical products along with rising healthcare expenditure and changing lifestyle have fuelled the growth of the Americas unnatural amino acids market. According to the International Monetary Fund (IMF), The U.S. economy grew in 2016 by 1.6% in 2016. In 2017, due to change in the regulatory policies, the R&D investment is affected a lot. In 2016, R&D spending of US was 527.5 billion. The increase of insurance coverage because of health care reform (Affordable Care Act, 2010) in the U. S. additionally prompted an expansion of health care spending.
Europe is the second largest unnatural amino acids market, which is followed by Asia Pacific. Germany and the U.K are the major contributors to the market. The European market is governed by the increasing demand for pharmaceutical products in Germany, the U.K, and France.
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Asia Pacific is the fastest growing unnatural amino acids market owing to the presence of rapidly developing economy, increasing the prevalence of chronic diseases such as liver diseases, cancer, inflammatory diseases, and emphasis on the use of active pharmaceuticals and development of the pharmaceutical industry.
On the other hand, the Middle East & Africa hold the least share of the market due to poor healthcare infrastructure in Africa and limited availability of funds and medical facilities. The Middle East market is driven by increasing prevalence of chronic disease, lack of physical exercise, and others. Development of healthcare industry in the Middle East & Africa also fuels the growth of the market.
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