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L-serine Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23434 | Date : Jan, 2023 | Pages : 192 | Region : Global

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L-serine, a white crystalline solid or powder without odour, is an amino acid with the formula HO2CCH(NH2)CH2OH. It is one of the protein genic amino acids.
L-Serine, a white crystalline solid or powder, is usually used as APIs during the medicine synthesis. Also, it can be used in other industries, such as food industry, cosmetics industry and so on.

Among those applications, demand from pharm industry accounted for the largest consumption proportion, which was 44.80% in 2015, followed by food industry with the share of 43.64%.

In the past few years, limited by technology issues, the production of L-serine was mainly dominated by the companies from Europe, USA and Japan. Actually, although some new companies from developing countries, such as China, have entered into the industry, they have to face the technology obstacles, such as the yield rate as well as product performance issues. Leading companies, such as Ajinomoto and Evonik, have large market share of L-serine and highest reputation on their L-serine.

Japan, USA and Europe are the major production bases of L-serine in the world. The three regions held about 77% production share in 2015. As for China, since Ajinomoto, Evonik as well as other companies built plants in the region in the past few years, the country\'s L-serine business also develops fast.

Refers to consumption, Europe is the largest consumer. The region consumed about 1870 MT L-serine in 2015. The follower is USA, which consumed about 1450 MT.

Considering the current status, information revealed that the L-serine market will keep increasing in the coming years. It is believed that more and more companies will enter in the field once the technology barrier is broken. Also, the industry will witness fierce competition and price decline further in the next few years.


The Global L-serine Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global L-serine Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Ajinomoto
Evonik
Kyowa Hakko Bio
Mitsui Chemicals
Amino
Bafeng Pharmaceutical & Chemical
Jinghai Amino Acid
Tianan Pharmceuticals
Jiahe Biotech
Huayang Chemical
Puyer BioPharm

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Pharm Grade
Food Grade
In Market segmentation by applications :

Pharmaceutical
Food
Cosmetics
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the L-serine Market for the forecast period 2023 - 2030?
• What are the driving forces in the L-serine Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the L-serine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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