Global Serine Amino Acid Market Size Study & Forecast, by Type (L-Serine, D-Serine, DL-Serine), by Application (Dietary Supplements, Pharmaceutical, Cosmetics), and Regional Analysis, 2023-2030

Description

List of Tables

Global Serine Amino Acid Market is valued at approximately USD 129.60 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.89% over the forecast period 2023-2030. Serine is an amino acid that the body can synthesize or obtain from dietary sources, including foods such as nuts, soybeans, eggs, lentils, meat, chickpeas, and fish. There are two primary forms of serine: D-serine and L-serine. L-serine is commonly used in dietary applications, while D-serine is synthesized internally from L-serine and serves as a crucial component in protein synthesis. Additionally, D-serine plays a role in transmitting chemical signals to the brain, potentially offering therapeutic benefits for conditions such as schizophrenia and other brain-related disorders. Serine is employed in various medical contexts, including the treatment of Parkinson's disease, schizophrenia, insomnia, memory and cognitive functions, depression, and others. The Serine Amino Acid Market is expanding because of factors such as the growing awareness regarding the health benefits of serine, the rising use of serine in the food and beverage industry, and surging demand for vegan sources of amino acids.

In addition, the soaring demand for dietary supplements is further attributed for market growth across the globe. Serine is a popular ingredient in dietary supplements as it offers a number of health benefits such as improved cognitive function, reduced stress levels, and better sleep quality.

growing focus on health and wellness, driven by consumer awareness, can boost the demand for dietary supplements containing amino acids such as serine. The focus on improving mental and physical health is increasing, which, in turn, bolsters the demand for supplements that include serine. According to Statista, in 2021, the dietary supplements sector was estimated to valued USD 205 billion globallyand the sector is progressively growing and projected to reach USD 308 billion by 2028. Thus, these aforementioned factors are propelling the growth of the Serine Amino Acid Market during the estimated period. Moreover, the expanding applications of serine in the pharmaceutical industry, as well as the rising development of new products and applications present various lucrative opportunities over the forecast years. However, the stringent regulatory standards and quality control requirements, along with the fluctuating raw material costs are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Serine Amino Acid Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the growing health concerns and a heightened awareness of the importance of personal well-being. Furthermore, the trend towards Ready-To-Drink Beverage (RTD) supplements, as well as the growing old population and the rising occurrence of continual illnesses are anticipated to positively influence the demand for amino acids, consequently boosting the regional Serine Amino Acid Market. Whereas, North America is expected to grow at a significant CAGR over the forecast years. The region boasts a significant presence of major industry players in both the dietary supplements and pharmaceutical sectors, contributing to the substantial demand for serine amino acids.

Major market players included in this report are:

Tokyo Chemical Industry Co., Ltd. (Japan)
Thermo Fisher Scientific Inc. (U.S.)
Merck KGaA (Germany)
KYOWA HAKKO BIO CO., LTD. (Japan)
Evonik Industries AG (Germany)
Ajinomoto Co., Inc. (Japan)
Sichuan Tongsheng Amino Acid Co., Ltd (China)
Lipotec S.A.U. (Spain)
Bioven Ingredients (India)
Mitsui Chemicals, Inc. (Japan)

Recent Developments in the Market:

In September 2021, Element Nutritional Sciences Inc. introduced JAKTRX Pro amino acids, a cutting-edge product catering to the sports nutrition industry. This formulation features plant-based amino acids with an enhanced dosage, offering a significant advancement for athletes and fitness enthusiasts.
In December 2020, Otsuka Pharmaceutical Factory, Inc. unveiled ENEFLUID Injection, a comprehensive injection containing fat, glucose, electrolytes, amino acids, and water-soluble vitamins. This marks the company's debut in Japan's peripheral parenteral nutrition market, featuring a unique combination of fats, water-soluble vitamins, electrolytes, glucose, and amino acids.

Global Serine Amino Acid Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

L-Serine
D-Serine
DL-Serine

By Application:

Dietary Supplements
Pharmaceutical
Cosmetics

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Serine Amino Acid Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Serine Amino Acid Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Serine Amino Acid Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Serine Amino Acid Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Serine Amino Acid Market Dynamics

3.1. Serine Amino Acid Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Surging demand for vegan sources of amino acids
  - 3.1.1.2. Rising demand for dietary supplements
- 3.1.2. Market Challenges
  - 3.1.2.1. Stringent regulatory standards and quality control requirements
  - 3.1.2.2. Fluctuating raw material costs
- 3.1.3. Market Opportunities
  - 3.1.3.1. Expanding applications of serine in the pharmaceutical industry
  - 3.1.3.2. Rising development of new products and applications

Chapter 4. Global Serine Amino Acid Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Serine Amino Acid Market, by Type

5.1. Market Snapshot
5.2. Global Serine Amino Acid Market by Type, Performance - Potential Analysis
5.3. Global Serine Amino Acid Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. Serine Amino Acid Market, Sub Segment Analysis
- 5.4.1. L-Serine
- 5.4.2. D-Serine
- 5.4.3. DL-Serine

Chapter 6. Global Serine Amino Acid Market, by Application

6.1. Market Snapshot
6.2. Global Serine Amino Acid Market by Application, Performance - Potential Analysis
6.3. Global Serine Amino Acid Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Serine Amino Acid Market, Sub Segment Analysis
- 6.4.1. Dietary Supplements
- 6.4.2. Pharmaceutical
- 6.4.3. Cosmetics

Chapter 7. Global Serine Amino Acid Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Serine Amino Acid Market, Regional Market Snapshot
7.4. North America Serine Amino Acid Market
- 7.4.1. U.S. Serine Amino Acid Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Serine Amino Acid Market
7.5. Europe Serine Amino Acid Market Snapshot
- 7.5.1. U.K. Serine Amino Acid Market
- 7.5.2. Germany Serine Amino Acid Market
- 7.5.3. France Serine Amino Acid Market
- 7.5.4. Spain Serine Amino Acid Market
- 7.5.5. Italy Serine Amino Acid Market
- 7.5.6. Rest of Europe Serine Amino Acid Market
7.6. Asia-Pacific Serine Amino Acid Market Snapshot
- 7.6.1. China Serine Amino Acid Market
- 7.6.2. India Serine Amino Acid Market
- 7.6.3. Japan Serine Amino Acid Market
- 7.6.4. Australia Serine Amino Acid Market
- 7.6.5. South Korea Serine Amino Acid Market
- 7.6.6. Rest of Asia Pacific Serine Amino Acid Market
7.7. Latin America Serine Amino Acid Market Snapshot
- 7.7.1. Brazil Serine Amino Acid Market
- 7.7.2. Mexico Serine Amino Acid Market
7.8. Middle East & Africa Serine Amino Acid Market
- 7.8.1. Saudi Arabia Serine Amino Acid Market
- 7.8.2. South Africa Serine Amino Acid Market
- 7.8.3. Rest of Middle East & Africa Serine Amino Acid Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Tokyo Chemical Industry Co., Ltd. (Japan)
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Thermo Fisher Scientific Inc. (U.S.)
- 8.3.3. Merck KGaA (Germany)
- 8.3.4. KYOWA HAKKO BIO CO., LTD. (Japan)
- 8.3.5. Evonik Industries AG (Germany)
- 8.3.6. Ajinomoto Co., Inc. (Japan)
- 8.3.7. Sichuan Tongsheng Amino acid Co., Ltd (China)
- 8.3.8. Lipotec S.A.U. (Spain)
- 8.3.9. Bioven Ingredients (India)
- 8.3.10. Mitsui Chemicals Inc. (Japan)

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Serine Amino Acid Market, report scope
TABLE 2. Global Serine Amino Acid Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Serine Amino Acid Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 4. Global Serine Amino Acid Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 5. Global Serine Amino Acid Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global Serine Amino Acid Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Serine Amino Acid Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Serine Amino Acid Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Serine Amino Acid Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Serine Amino Acid Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Serine Amino Acid Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Serine Amino Acid Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Serine Amino Acid Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Serine Amino Acid Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia Serine Amino Acid Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA Serine Amino Acid Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Serine Amino Acid Market
TABLE 70. List of primary sources, used in the study of global Serine Amino Acid Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Serine Amino Acid Market, research methodology
FIG 2. Global Serine Amino Acid Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Serine Amino Acid Market, key trends 2022
FIG 5. Global Serine Amino Acid Market, growth prospects 2023-2030
FIG 6. Global Serine Amino Acid Market, porters 5 force model
FIG 7. Global Serine Amino Acid Market, pest analysis
FIG 8. Global Serine Amino Acid Market, value chain analysis
FIG 9. Global Serine Amino Acid Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Serine Amino Acid Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Serine Amino Acid Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Serine Amino Acid Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Serine Amino Acid Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Serine Amino Acid Market, regional snapshot 2020 & 2030
FIG 15. North America Serine Amino Acid Market 2020 & 2030 (USD Million)
FIG 16. Europe Serine Amino Acid Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Serine Amino Acid Market 2020 & 2030 (USD Million)
FIG 18. Latin America Serine Amino Acid Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Serine Amino Acid Market 2020 & 2030 (USD Million)