Serine Amino Acid Market Size, Share, Opportunities, And Trends By Type (L-Serine, D-Serine, DL-Serine), By Application (Dietary Supplements, Pharmaceutical, Cosmetics), And By Geography - Forecasts From 2023 To 2028
- Published : Feb 2024
- Report Code : KSI061616427
- Pages : 145
The serine amino acid market is anticipated to expand significantly over the forecast period.
The serine amino acid market is poised for significant development, owing to a confluence of factors that highlight serine's critical role in human health and nutrition. As consumer knowledge about personal well-being grows throughout the world, they are leaning toward nutritional supplements, in which serine amino acids play an important role. The market is positioned for growth as a result of an increase in the prevalence of health-related concerns, a greater emphasis on preventive healthcare, and a broader cultural trend toward better lives. Furthermore, developments in production technology and demand for natural, plant-based goods add to the market's favourable trajectory. This convergence of variables sets the market for a significant increase in demand. It demonstrates the growing importance of serine amino acids in satisfying the expanding nutritional demands of an increasingly health-conscious customer base.
Introduction
Serine is an important amino acid that is required for a variety of chemical activities. It is distinguished by its chemical structure, which includes an amino group (-NH2), a carboxyl group (-COOH), and a hydroxyl group (-OH) on its side chain. Serine is a building block for protein synthesis and is involved in the production of important biomolecules such as phospholipids, neurotransmitters, and amino acids like glycine and cysteine. Serine also has a role in cellular signalling and regulation, influencing processes such as cell cycle progression and gene expression. It is essential for maintaining appropriate physiological health and has ramifications in human health such as neurological diseases and most malignancies. The serine amino acid market is seeing a significant increase in demand and popularity. This is owing to a convergence of variables influencing the worldwide landscape of health, wellness, and nutrition. As countries throughout the world place a greater focus on personal well-being, exercise, and preventative healthcare, the market for serine amino acids, a key component in the area of nutritional supplements, is booming. Serine amino acids are gaining momentum as a significant participant in the worldwide nutrition and wellness market. This is all thanks to increased awareness of health concerns, a trend toward better lifestyles, and technological improvements that contribute to improved production methods.
Market Drivers:
- Increasing health awareness is the primary market driver: Growing health and wellness awareness, along with a greater emphasis on personal fitness and nutrition, has increased demand for dietary supplements, particularly amino acids like serine.
- Rising issues in the health condition are aiding the growth: The rise of health issues such as stress, exhaustion, and metabolic diseases has prompted many to look for dietary treatments. Serine amino acid, well-known for its involvement in protein synthesis and other physiological processes, is gaining attention for its possible health advantages.
- Expansion of the sports industry is fueling the market growth: The worldwide fitness and sports nutrition industry's growth has increased demand for amino acids, such as serine, which play an important role in muscle building, recuperation, and overall athletic performance.
- Technological advancements in the production of Amino acids are boosting market development: Advances in science and biotechnology have improved amino acid production techniques, making them more cost-effective and accessible, enhancing the demand for serine amino acids.
- Growing preference for natural and plant-based products is propelling the market development: Considering a rising demand for natural and plant-based components, serine amino acids derived from plant-based or fermentation methods are gaining favour among customers looking for sustainable and clean-label solutions.
- The rising geriatric population is boosting the market dynamics: The aging global population has resulted in a greater emphasis on health management and dietary assistance for age-related illnesses. Serine amino acid, which is involved in many body activities, has been recognized for its potential in resolving age-related health issues.
Products offered by key companies:
- L-Alanine, KYOWA HAKKO BIO CO., LTD: L-Alanine aminos are offered by the Kyowa Hakko Bio Co., Ltd. a non-essential amino acid in humans. It is essential in the glucose-alanine cycle between muscle tissue and the liver. It is commonly used as a component in infusions and newborn formula.
Prominent growth is projected in the pharmaceuticals sector under the application segment
During the projected period, higher demand for serine amino acids from the dietary supplements sector is anticipated to dominate. Adequate amino acid levels are necessary for muscular development and strength. They aid in the balance of muscular atrophy and growth in humans. Serine Amino Acid supplementation can boost the body's supply of nitrogen while maintaining appropriate quantities of amino acids stored in skeletal muscles. Aside from being used as a food supplement, its use as a sports performance enhancer addition has also increased. The nutritional supplement sector is driven by amino acids' post-exercise recovery and muscle-building properties. These are expected to enhance the application segment with a strong demand for Serine Amino Acid. The pharmaceutical business has progressed in recent years in terms of investigating novel supplements to be employed in new medical compositions to treat various disorders. With new research being conducted by R&D facilities and scientists exploring new applications of amino acids in the pharmaceutical industry, demand for amino acids, particularly the serine group, is constantly increasing. This trend is expected to continue throughout the forecast period, making pharmaceutical application growth the fastest growing over the analysis period.
The Asia Pacific region is expected to hold a significant share of the serine amino acid market:
The Asia Pacific region is anticipated to take the lead in the serine amino acid market. This is owing to a convergence of rising health concerns and a growing awareness of personal well-being in developing countries such as India, China, South Korea, Japan, and Australia. The rise in health issues has raised the demand for dietary supplements, with amino acids being a prominent focus. This increased health consciousness and importance has spurred the regional trend of integrating amino acids, especially serine, into everyday meals. Furthermore, the common trend toward ready-to-drink beverage (RTD) supplements in the Asia Pacific area is expected to be a crucial factor favourably affecting amino acid demand. It will boost the region's serine amino acid consumption. As these trends gain traction, the Asia Pacific serine amino acid market will likely lead the way, reflecting the region's expanding importance in global health and wellness.
Key developments:
- Element Nutritional Sciences Inc. introduced JAKTRX Pro amino acids in September 2021. The product comprises a plant-based amino acid formulation created for the sports nutrition sector with a higher dose formulation.
Serine Amino Acid Market Scope:
| Report Metric | Details |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
|
| Companies Covered |
|
| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |
Segmentation:
- By Type
- L-Serine
- D-Serine
- DL-Serine
- By Application
- Dietary Supplements
- Pharmaceutical
- Cosmetics
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SERINE AMINO ACID MARKET BY TYPE
5.1. Introduction
5.2. L-Serine
5.3. D-Serine
5.4. DL-Serine
6. SERINE AMINO ACID MARKET BY APPLICATION
6.1. Introduction
6.2. Dietary Supplements
6.3. Pharmaceutical
6.4. Cosmetics
7. SERINE AMINO ACID MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. Japan
7.6.2. China
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
9. COMPANY PROFILES
9.1. Tokyo Chemical Industry Co., Ltd.
9.2. Thermo Fisher Scientific India Pvt. Ltd.
9.3. Merck KGaA
9.4. Kyowa Hakko Bio Co, Ltd. (Kirin Holdings Company)
9.5. Evonik Industries AG
9.6. Ajinomoto Co., Inc.
9.7. Bioven Ingredients
9.8. Mitsui Chemicals
Tokyo Chemical Industry Co., Ltd.
Thermo Fisher Scientific India Pvt. Ltd.
Merck KGaA
Kyowa Hakko Bio Co, Ltd. (Kirin Holdings Company)
Ajinomoto Co., Inc.
Bioven Ingredients
Mitsui Chemicals
Related Reports
| Report Name | Published Month | Download Sample |
|---|---|---|
| Dietary Supplements Market Insights: Size, Share, Forecast 2029 | Apr 2024 | |
| Hyaluronic Acid Market: Size, Share, Trends, Forecast 2030 | Nov 2024 | |
| Amino Acids Market Size, Share & Growth: Report, 2023 - 2028 | Sep 2023 | |
| Animal Feed Amino Acids Market Size: Industry Report, 2023-2028 | Jan 2023 | |
| Ascorbic Acid Market Size & Share: Industry Report, 2023-2028 | Dec 2023 |
