L-Serine Market: Introduction
L-Serine is an amino acid with the molecular formula HO2CCH(NH2)CH2OH. L-serine is in white crystalline solid or powder form and it is odorless. L-serine is a type of protein genic amino acids. Manufacturing process of L-serine involves the fermentation of the enzyme followed by bioconversion and purification. For industrial purpose, L-serine is produced by fermentation of glucose. L-serine is sweet with minor savory and sour taste at high concentration. L-serine is mostly used in pharmaceutical and food industry as a supplement for amino acid nutrition. L-serine has various grades for diverse applications. Supply chain of the product started from laboratory and then chemically formulated to get the various grades according to the need of applications. Key application of L-serine is supplementation of amino acid in food & beverages and medicines.
L-Serine: Market Dynamics
Growing food & beverages industry with significant growth rate throughout the forecast period is one of the prominent factor for the growth of global L-serine market. L-serine is mostly used as nutritional supplements in food & beverages such as sports drinks and nutrition diets to provide amino acids. This factor has a positive impact on the growth of global L-serine market. Furthermore, pharmaceutical industry is also anticipated for the growth of L-serine market due to its considerable consumption in pharmaceutical industry. The growth of L-serine market is directly correlated with the growth of pharmaceutical industry. In pharmaceutical industry, L-serine is consumed in amino acid infusion, nutritional supplements and in medicine formulation. Preferably, L-serine is widely used to cure chronic fatigue syndrome. These factors are expected to fuel the growth of L-serine market. Moreover, increasing health related problems rising the demand for medicines which is estimated to positively impact on the growth of L-serine market.
The excess consumption of L-serine causes its side effects such as constipation, stomach discomfort, chronic diarrhea and frequent urination on human body, which is a key challenge for the growth of L-serine market over the forecast period. Increasing consumer awareness regarding allopathic medicine and its side effects, the L-serine market is expected to face challenge in the nearby future.
L-Serine: Market Segmentation
L-Serine Market can be segmented by Grade and by End Use:-
On the basis of grade, the global L-Serine market can be segmented into:-
On the basis of end use, the global L-Serine market can be segmented into:-
L-Serine: Regional Outlook
Much of the stimulus to the demand for L-Serine in the last few years generated from pharmaceutical industry, which stimulated the demand for pharmacy grade L-serine. In North America, U.S. is the prominent consumer of L-serine owing to increasing consumption of L-serine in pharmaceutical industry. Owing to the fast paced population rise in the countries of Asia Pacific, especially China and India, the region is anticipated to expand at the fastest pace in L-serine market. Moreover, increasing demand from food as well as pharmaceutical industry propel the sale of L-serine in the region. This factor is estimated to fuel the growth of L-serine market over the forecast period. Moreover, the increasing demand for supplements across the region is also one of the key factor for the growth of Asia Pacific L-serine market. Emerging economies such as Latin America, Eastern Europe are estimated to grow with healthy growth rate over the forecast period due to improving pharmaceutical and food industries across the regions throughout the forecast period. Middles East and Africa is also projected to witness significant growth in the global L-serine market due to good cosmetic/personal care industry in the region.
L-Serine: Key Participants
Examples of some of the market participants operating in the global L-Serine market are as follows:
The L-Serine market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The L-Serine market report covers exhaustive analysis on:
Regional analysis includes:
The L-Serine market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The L-Serine market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The L-Serine market report also maps the qualitative impact of various market factors on market segments and geographies.
L-Serine market Report Highlights: