Global L-serine Market Growth 2023-2029

Global L-serine Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “L-serine Industry Forecast” looks at past sales and reviews total world L-serine sales in 2022, providing a comprehensive analysis by region and market sector of projected L-serine sales for 2023 through 2029. With L-serine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world L-serine industry.

This Insight Report provides a comprehensive analysis of the global L-serine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on L-serine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global L-serine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for L-serine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global L-serine.

The global L-serine market size is projected to grow from US$ 578.1 million in 2022 to US$ 731.8 million in 2029; it is expected to grow at a CAGR of 731.8 from 2023 to 2029.

Global L-serine key players include Ajinomoto, Evonik, Kyowa Hakko Bio, etc. Global top three manufacturers hold a share about 75%.

Japan is the largest market, with a share about 30%, followed by China, and Europe, both have a share over 45 percent.

In terms of product, Pharm Grade is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Pharmaceutical, followed by Food, Cosmetics, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of L-serine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Pharm Grade

Food Grade

Others

Segmentation by application

Pharmaceutical

Food

Cosmetics

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ajinomoto

Evonik

Kyowa Hakko Bio

Mitsui Chemicals

Amino

Bafeng Pharmaceutical & Chemical

Jinghai Amino Acid

Tianan Pharmceuticals

Jiahe Biotech

Huayang Chemical

Puyer BioPharm

Key Questions Addressed in this Report

What is the 10-year outlook for the global L-serine market?

What factors are driving L-serine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do L-serine market opportunities vary by end market size?

How does L-serine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.