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Serine Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2029

Serine is a non-essential amino acid that occurs naturally in the human body and is used for various biological processes. Serine is available in various different types naturally in the body. These different types are L-, D- and DL-Serine. It is usually in a crystalline form and is white in colour and odourless.
Published 07 February 2022

Serine is a non-essential amino acid that occurs naturally in the human body and is used for various biological processes. Serine is available in various different types naturally in the body. These different types are L-, D- and DL-Serine. It is usually in a crystalline form and is white in colour and odourless.

These have different purposes and the commercial production of different types of serine is according to its end use applications. Serine is also used for research purposes in laboratories and in educational institutions. In the cosmetics and the personal care industry, serine is used in skin care and hair care products. Serine is a key component in developing and manufacturing a wide spectrum of active pharmaceutical ingredients (APIs) and supplements.

But the consumption of serine in excess is also known to have adverse effects on the human body and thus there are regulations on the addition or consumption of serine in nutraceutical and pharmaceutical products.

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Serine Market: Regional Analysis

The major demand for serine is in the pharmaceutical and nutraceutical industry. Due to this, the U.S. has become the major consumer for serine in the global market owing to its increased use in the pharmaceutical industry. The increased consumption of nutraceuticals in the developed regions such as North America and Europe is also a driving factor for the demand of serine in the market. Also, China is a major producer of different types of serine. In the Asia Pacific region, China and India are the major consumers due to the growing nutraceuticals, cosmetics, and pharmaceutical industry. Thus, these countries are anticipated to grow at a very high rate in the serine market in the upcoming years. Also, the serine market in the Middle East and Africa region is expected to have a growth rate in the upcoming years due to the personal care industry growing at a very high rate.

Serine Market: Key Participants

The key participants in the global serine market are as follows:

  • Evonik Nutrition & Care GmbH
  • Ajinomoto Co. Inc.
  • Kyowa Hakko Bio Co. Ltd.
  • Mitsui Chemicals, Inc.
  • Wuxi Jinghai Amino Acid Co., Ltd.
  • Hubei Provincial Bafeng Pharmaceuticals & Chemicals Share Co. Ltd.
  • Shantou Jiahe Biologic Technology Co. Ltd.
  • Hebei Huayang Amino Acids Group Company Limited
  • Acerbland Ingredients Co. Ltd.
  • Puyer BioPharm
  • Tianan Pharmceuticals

The report covers exhaustive analysis on:

  • Serine Market Segments
  • Serine Market Dynamics
  • Serine Market Size
  • Serine Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Serine Market
  • Competition Landscape and Emerging Market Participants in Serine Market
  • Technology related to Production/Processing of Serine
  • Value Chain Analysis of the Serine Market

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Serine Market: Segmentation

The global serine market has been segmented on the basis of type, grade and application.

On the basis of type, the global serine market has been segmented as –

  • L -Serine
  • D -Serine
  • DL-Serine

On the basis of grade, the global serine market has been segmented as-

  • Food grade
  • Pharmaceutical grade
  • Industrial grade

On the basis of application, the global serine market has been segmented as-

  • Cosmetics and Personal Care
  • Hair Care
  • Skin Care
  • Pharmaceutical
  • Nutraceuticals
  • Research and Laboratory Purposes

Report Highlights:

  • Detailed overview of parent market
  • Changing dynamics of the serine market in the industry
  • In-depth market segmentation and analysis
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the serine market
  • Competitive landscape of the serine market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on serine market performance
  • Must-have information for serine market players to sustain and enhance their market footprint

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