Global Serine Market: Market Size and Growth, Absolute Dollar Opportunity, Market Taxonomy, Basis Point Share (BPS) Analysis 2018-2025
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Los Angeles, CA -- (ReleaseWire) -- 10/18/2018 --This report studies the global Serine market status and forecast, categorizes the global Serine market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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.
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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.
The global Serine market is valued at 660 million US$ in 2017 and will reach 920 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025.
The major manufacturers covered in this report
Ajinomoto
Evonik
KYOWA
Mitsui Chemicals
Amino
Wuxi Jinghai Amino Acid
Puyer Biopharma
Bafeng Pharmaceutical
Jiahe Biotech
Hua Yang Chemical
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
L-Serine
D-Serine
DL-Serine
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Pharmaceutical Industry
Food Industry
Cosmetics Industry
Others
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