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Serine is an amino acid with the formula HO2CCH(NH2)CH2OH. It is one of the protein genic amino acids. It contains L-Serine, D- Serine and DL- Serine three types.
Serine is a non-essential amino acid in humans (synthesized by the body), Serine is present and functionally important in many proteins. With an alcohol group, serine is needed for the metabolism of fats, fatty acids, and cell membranes; muscle growth; and a healthy immune system. It also plays a major role in pyrimidine, purine, creatine, and porphyrin biosynthetic pathways. Serine is also found at the active site of the serine protease enzyme class that includes trypsin and chymotrypsin.
Scope of the Report:
In consumption market, the global sales value increases with the 7.38% average growth rate. North America, Europe and China are the mainly consumption regions due to the bigger demand of downstream applications.
Serine has three types, which include L-serine, D-serine and DL-serine. And each type has application industries relatively. With nutrition effect of serine, the downstream application industries will need more serine products. So, serine has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance serine through improving technology.
The major raw materials for serine are glycine and formaldehyde, etc. Fluctuations in the price of the upstream product will impact on the production cost of serine, and then impact the price of serine. The production cast of serine is also an important factor which could impact the price of serine. The serine manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there will be decreasing trend in gross margin.
The worldwide market for Serine is expected to grow at a CAGR of roughly 4.2% over the next five years, will reach 850 million US$ in 2024, from 660 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Serine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Ajinomoto
- Evonik
- KYOWA
- Mitsui Chemicals
- Amino
- Wuxi Jinghai Amino Acid
- Puyer Biopharma
- Bafeng Pharmaceutical
- Jiahe Biotech
- Hua Yang Chemical
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- L-Serine
- D-Serine
- DL-Serine
Market Segment by Applications, can be divided into
- Pharmaceutical Industry
- Food Industry
- Cosmetics Industry
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Serine product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Serine, with price, sales, revenue and global market share of Serine in 2017 and 2018.
Chapter 3, the Serine competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Serine breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Serine market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Serine sales channel, distributors, customers, research findings and conclusion, appendix and data source.