L-serine Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the L-serine market including various factors related to and dependent influencing the market growth.
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.
Global L-serine market size will increase to 340 Million US$ by 2030, from 290 Million US$ in 2020, at a CAGR of 2.1% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for L-serine.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global L-serine market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the L-serine market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The L-serine market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the L-serine Market:
The major competitors working in the market are:
, Ajinomoto, Evonik, Kyowa Hakko Bio, Mitsui Chemicals, Amino, Bafeng Pharmaceutical & Chemical, Jinghai Amino Acid, Tianan Pharmceuticals, Jiahe Biotech, Huayang Chemical, Puyer BioPharm
Market by Order Type
Pharm Grade
Food Grade
L-serine Data by Application
Pharmaceutical
Food
Cosmetics
Others
L-serine Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the L-serine market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of L-serine Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the L-serine market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the L-serine market size and their forecasts
- To provide strategic profiles of the key players operating in the L-serine market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the L-serine market
Target Audiences for L-serine Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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