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.
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.
According to this study, over the next five years the Serine market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 850 million by 2024, from US$ 660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Serine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Serine market by product type, application, key manufacturers and key regions and countries.
This study considers the Serine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
L-Serine
D-Serine
DL-Serine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical Industry
Food Industry
Cosmetics Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ajinomoto
Evonik
KYOWA
Mitsui Chemicals
Amino
Wuxi Jinghai Amino Acid
Puyer Biopharma
Bafeng Pharmaceutical
Jiahe Biotech
Hua Yang Chemical
In addition, this 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.
Research objectives
To study and analyze the global Serine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Serine market by identifying its various subsegments.
Focuses on the key global Serine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
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.
Summary:
Get latest Market Research Reports on Serine . Industry analysis & Market Report on Serine is a syndicated market report, published as Global Serine Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Serine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.