Unnatural Amino Acids Market : Top Key Vendors BASF SE, Sigma-Aldrich Corporation, Novartis AG, Bayer AG, GlaxoSmithKline plc, AstraZeneca plc, Abbott Laboratories

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.

The global unnatural amino acids market is expected to grow at a CAGR of 12.01% during the forecast period 2017-2023.

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Major Players in the Unnatural Amino Acids Market

Some of the key players in this market are BASF SE, Sigma-Aldrich Corporation, Novartis AG, Bayer AG, GlaxoSmithKline plc, AstraZeneca plc, Abbott Laboratories and others.

The global unnatural amino acids market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

America dominates the global unnatural amino acids market owing to the increasing prevalence of chronic diseases. Additionally, high healthcare spending, well developed technology, and increasing geriatric population will fuel the growth of the market. On the other hand, saturation of the market, stringent regulatory environment, and changing reimbursement policies will slow the growth of the market.

The Americas market for unnatural amino acids is divided into North America and South America. North America holds the major share in the market whereas, South America show the fastest growth of the market owing to the presence of opportunity for the development of the market.

The Europe unnatural amino acids market comprises of Eastern Europe and Western Europe. Western Europe comprises of countries such as Germany, U.K, France, Italy and Spain. Europe accounts for the second largest market for the global unnatural amino acids market owing to increasing support form the government, presence of huge geriatric population, and high healthcare spending. According to the Organization for Economic Co-operation and Development (OECD), the healthcare expenditure in Germany was EUR 321 billion in 2014, France recorded the second highest level of current healthcare expenditure of EUR 237 billion. Similarly many European countries are trying to encourage the manufacturers for research & development for the introduction of advanced devices. In addition to this, increasing awareness and developed healthcare infrastructure has provided push to the growth of the market. However, strict regulatory rules may hinder the growth of the market.

On the other hand, The Middle East & Africa holds the least share but will be fastest growing in forecast period. However, due to the presence of poor and slow developing countries, especially, in the African region the market may hold least market share.

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The global unnatural amino acids market is segmented on the basis of types, application, and end user. On the basis the types, it is segmented into D-phenylalanine, D-histidine, D-tyrosine, D-serine, D-alanine, D-tryptophan, D-cysteine, D-phenylglycine, D-p-hydroxy phenylglycine, D-2-chlorophenylglycine, D-penicillamine, D- proline, D-valine, D-citrulline /D-citrulene, D-lysine, D-leucine, D-glutamic acid, D-methionine, D-aspartic acid, D-arginine, D-cycloserine, and others. On the basis of the application, it is segmented into liver diseases, cancer, inflammatory disease, genetic diseases, and others. On the basis of end user it is segmented into pharmaceutical & biotechnological companies, research laboratories, academic institutes, and others.

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