FMI predicts a promising future for the serine amino acid market (US$302 million by 2034) driven by L-serine’s vital role in brain development and function. L-serine’s benefits for neurological health fuel market growth. Get full report insights.
NEWARK, Del., April 30, 2024 /PRNewswire/ — Market research firm Future Market Insights projects a total of US$ 150.3 million to be generated by the serine amino acid market by 2024. The global market is forecast to reach US$ 302 million by 2034, with a CAGR of 7.2%.
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Serine is an essential component of purine and pyrimidine biosynthesis. Serine is the most common one-carbon unit used to produce S-adenosylmethionine through methylation. In tetrahydrofolate methylation processes, it provides a one-carbon unit.
In addition to being a neurotrophic factor, L-serine is also a building block of neurotransmitters. In brain development, neuronal proliferation, and various brain activities, it has been shown to be crucial. For injuries and illnesses of the nervous system, it might act as a neuroprotective agent.
Changes in serine metabolism have been linked to cancer, and active serine synthesis is likely necessary to support the processes that affect cancer, such as amino acid transport, nucleotide synthesis, folate metabolism, and homeostasis. L-serine is involved in the creation of proteins, neurotransmitters, nucleotides, and lipids and is essential for brain development.
Report Scope
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Attributes |
Details |
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Estimated Market Size in 2024 |
US$ 150.3 million |
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Projected Market Valuation in 2034 |
US$ 302 million |
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Value-based CAGR 2024 to 2034 |
7.2 % |
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Forecast Period |
2024 to 2034 |
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Historical Data Available for |
2019 to 2023 |
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Market Analysis |
Value in US$ million |
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Key Market Segments Covered |
By Type:
By Application:
By Region:
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Key Countries Profiled |
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Key Takeaways from the Market Study
- L-serine market revenues are expected to increase by 7% CAGR between 2024 and 2034.
- From 2019 to 2023, Japan has registered a market value of 12.1% CAGR.
- Projections indicate the United States will hold a market value of US$ 54.5 million by 2034.
- Serine amino acids are expected to hold an 8.4% CAGR of the market between 2024 and 2034 in the United Kingdom.
- China is expected to generate US$ 33.5 million by 2034.
- The market for dietary supplements is expected to grow at a steady rate of 6.8% CAGR over the next ten years.
“Health awareness and dietary supplement demand among the young generation are driving the serine amino acid market. The development of new delivery systems and raw materials will expand the market.” Says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).
Competitive Landscape
Serine supplements may be developed by businesses that conduct research and development in nutritional supplements. New products and advancements in serine supplementation science are made possible by these companies.
The industry is dominated by businesses that supply raw materials such as serine and amino acids to supplement manufacturers. Various sectors, including food and beverage, pharmaceuticals, and dietary supplements, require serine and other amino acids so that these suppliers may benefit from the need.
- Merck KGaA is a multinational science and technology corporation that operates in the healthcare, life sciences, and performance materials industries. In North America, it is referred to as EMD Group. They provide a broad range of goods and services, such as specialty chemicals, lab supplies, biotechnology solutions, and medications.
- Kyowa Hakko Bio Co., Ltd. is a biotechnology business based in Japan that specializes in the research, development, production, and distribution of pharmaceuticals, nutraceuticals, and ingredients for functional foods. They are well-known for their products made from amino acids and for their studies in the fields of sports nutrition, brain health, and immunological health.
Purchase now and gain full access to the Serine Amino Acid Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased global serine amino acid market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034
To understand market opportunities, the serine amino acid market is segmented based on type (L-serine, D-serine, DL-serine), application (dietary supplements, pharmaceutical, cosmetics), and region (North America, Latin America, East Asia, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
About the Food and Beverage Division at Future Market Insights
The food and beverage team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
About the Author:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence and consulting service provider, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, the U.S., and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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SOURCE Future Market Insights
