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L-Serine Market Size, Industry Analysis Report, Regional Outlook
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L-Serine Market size is anticipating noticeable growth during next seven years. The acid is formed from amino acid, known as glycine and is important for both mental and physical health. It ensures efficient functionality of the brain and central nervous system. It is a form of acid used in protein synthesis and readily assimilated by the digestive system. It has applications in pharmaceutical, cosmetic, foods and beverages and agriculture industry.
Growing food & beverage industry with over 10% CAGR in next five years is projected to propel l-serine market. The compound is used widely as nutritional supplement in food production to provide essential amino acids. It is consumed in beverages such as sports drink and amino acid diet drinks to provide nutrition. Positive outlook of food & beverage industry will boost l-serine market.
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L-serine market is segmented on the basis of its usage in various industries such as food and beverage, pharmaceuticals, cosmetic, agriculture, animal feed and organic chemicals. They are widely used as nutrition supplements in food products, sports drink, medicines manufacturing amino acids and its derivatives, natural moisturizing factor in cosmetic and feed additive to enhance nutrition in animals and agriculture feed.
North America, followed by US is world’s most important pharmaceutical industry. Increasing pharmaceutical industry in the region will surge its l-serine market in the forecast time frame.
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MEA will witness a noticeable growth up to 2024. It is world’s fastest growing beauty industry in the next five years and is expecting over 2.5% growth a year. The acid is widely used in cosmetic products as a natural moisturizing agent. Upsurge in cosmetic industry in the country will accelerate its l-serine market.
Reasons to Buy This Report:
1. L-serine Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. L-serine Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Asia Pacific headed by China and India is expecting sustainable growth in the market owing to their production of food products. The acid is commonly used in food supplements for providing nutrition. Rising demand of food and beverages in these countries, will become a major factor and the region will contribute in the growth of the product.
The L-serine Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. L-serine Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. L-serine Product Insights
16. L-serine Application Insights
17.L-serine Regional Insights
18. Competitor Profiles
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Prominent producers in l-serine market are Ajinomoto, Amino, Evonik, Mitsui Chemicals, Kyowa Hakka Bio, Bafeng Pharmaceuticals and Chemicals, Jiahe Biotech, Puyer, Huayang Chemical and Tianan Pharmaceuticals. The companies are focusing on research and development to curb the side effects of acid on human body. Evonik industries has developed a new process for enzymatic synthesis of the amino acid. Company has increased its capacity at the nanning sites (China). It has expanded its production capacities for producing the acid in all forms while being fully backward integrated.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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