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Serine Market Size, Shares, Insights, Trends, Outlook 2018 | Top Key Players: Ajinomoto, Evonik, KYOWA, Mitsui Chemicals, Amino, Wuxi Jinghai Amino Acid
Serine is an amino acid with the formula HO2CCH(NH2)CH2OH. It is one of the protein genic amino acids. It contains L-Serine, D- Serine and DL- Serine three types.Global “Serine Market” report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Serine is a non-essential amino acid in humans (synthesized by the body), Serine is present and functionally important in many proteins. With an alcohol group, serine is needed for the metabolism of fats, fatty acids, and cell membranes; muscle growth; and a healthy immune system. It also plays a major role in pyrimidine, purine, creatine, and porphyrin biosynthetic pathways. Serine is also found at the active site of the serine protease enzyme class that includes trypsin and chymotrypsin.
In consumption market, the global sales value increases with the 7.38% average growth rate. North America, Europe and China are the mainly consumption regions due to the bigger demand of downstream applications.
Serine has three types, which include L-serine, D-serine and DL-serine. And each type has application industries relatively. With nutrition effect of serine, the downstream application industries will need more serine products. So, serine has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance serine through improving technology.
The major raw materials for serine are glycine and formaldehyde, etc. Fluctuations in the price of the upstream product will impact on the production cost of serine, and then impact the price of serine. The production cast of serine is also an important factor which could impact the price of serine. The serine manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there will be decreasing trend in gross margin.
Over the next five years Serine will register a 4.2% CAGR in terms of revenue, reach US$ 850 million by 2023, from US$ 660 million in 2017.
The Key Players Covered in this report:
• Ajinomoto
• Evonik
• KYOWA
• Mitsui Chemicals
• Amino
• Wuxi Jinghai Amino Acid and More....
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of this market?
• Which are the roadblock factors for this market?
• What are the new opportunities responsible for the growth in the coming years?
• What are the present and future trends in this market?
• Which are the main factors responsible for a new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales, and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2018?
• How will each segment grow over the forecast period and how much revenue will these segments account for, in 2023?
• Which region has more growth opportunities?
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Segmentation by product type:
• L-Serine
• D-Serine
• DL-Serine
Segmentation by application:
• Pharmaceutical Industry
• Food Industry
• Cosmetics Industry
• Others
Research objectives
• To analyze the Serine with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Serine submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies and More…
Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global Serine by Players
4 Serine by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
TOC Continued….!
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