Global Sialic Acid Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Sialic Acid Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Sialic acid is the general term for a class of derivatives in which the amino acid or hydroxyl hydrogen in neuraminic acid is substituted, usually referring to N-acetylneuraminic acid, and is one of the most important members of this type of compound. Sialic acid, whose name is derived from the Greek σιαλοσ (sialos), was originally named for its isolation from salivary mucin. It was discovered in 1952 by Swedish biochemist Gunnar Blix et al. Sialic acid is widely distributed in animal tissues and in small amounts in other organisms, mainly as components of glycoproteins and gangliosides. Sialic acid substituents are usually acetyl or glycolyl, but sialic acids with methyl, sulfate or phosphate substituted amine groups are also found.

Market Overview:

The latest research study on the global Sialic Acid market finds that the global Sialic Acid market reached a value of USD 19.54 million in 2023. It’s expected that the market will achieve USD 35.73 million by 2029, exhibiting a CAGR of 10.58% during the forecast period.

The Russia-Ukraine war had a great impact on the downstream market of the sialic acid industry, and the supply chain was broken, which would undoubtedly increase product transportation costs, and the delivery deadline would be relatively delayed, which reduced the operating efficiency between industries. The trade between countries is affected, and the upstream and downstream supply and demand exchanges are hindered, which keeps the entire market in a sluggish state, and the capital chain may be limited, which will also affect the later research and development process. If the production process is not updated and the product iteration is blocked, it will affect the production and operation of the enterprise, causing it to lose its market competitiveness and eventually be eliminated by the market.

The global infant nutrition market is booming and the industry has a strong potential for rapid growth amidst a flurry of innovations in key ingredients such as probiotics and human milk oligosaccharides. The global market is driven by promising demand dynamics such as fertility rates, suboptimal breastfeeding rates indicating early reliance on breast milk substitutes. The modernization and changing lifestyles of consumers are also driving the growth of the product. Product convenience and enhanced ingredients are driving parent demand. Rising number of working women and mothers coupled with substantial increase in their discretionary spending is driving the sales of infant nutrition products. Increasing availability of breastfeeding, medications, lack of supportive and qualified lactation specialists, unsupportive work policies, and cultural norms are some of the attributable factors that can boost the demand for the product. Current rates of breastfeeding remain suboptimal compared to standard recommendations around the world.

The production methods of sialic acid mainly include natural raw material extraction method, chemical synthesis method, polymer decomposition method, enzyme and immobilized enzyme method, and microbial fermentation method. All of the above methods have low content of sialic acid in natural raw materials, and the later purification is difficult, High production cost, low yield, non-environmental protection and other issues restrict the development of the industry. In order to ensure the development of the sialic acid industry in the future, it is still necessary to explore new sialic acid production processes that can realize industrialization.

Region Overview:

From 2023-2028, APAC is estimated to witness robust growth prospects.

Company Overview:

Zhongke Hongji Biotechnology
Zhongke Hongji Biotechnology and the Chinese Academy of Sciences use microbial fermentation to produce sialic acid, and industrialize this high-tech scientific research achievement with independent intellectual property rights. Strain SA-8 is exclusively owned by Zhongke Hongji Biotechnology, which has very important strategic significance in the field of biotechnology. Microbial fermentation is safer and more environmentally friendly than traditional chemical methods, and the purity of sialic acid is over 98%.

Wuhan Zhongke Optics Valley Green Biotechnology Co., Ltd (Cabio)

Wuhan Zhongke Optics Valley Green Biotechnology Co., Ltd. is mainly engaged in the R&D, production, sales and technical services of microbial fermentation technology and products. At this stage, the company takes N-acetylneuraminic acid (Neu5Ac), astaxanthin, ARA, DHA, etc. as its main products, and cooperates extensively with pharmaceuticals, cosmetics, functional foods, and trading companies to develop the global market.

Zhongke Hongji Biotechnology is one of the major players operating in the Sialic Acid market, holding a share of 44.63% in 2023.

Segmentation Overview:

By type, Solid segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Infant Nutrition segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Sialic Acid market covered in Chapter 3:

Zhongke Hongji Biotechnology
Wuxi Accobio Biotech Inc.
Wuhan Zhongke Optics Valley Green Biotechnology Co., Ltd（Cabio）
Carbosynth Limited
Rose Scientific Inc
R&S Pharmchem Co., Ltd
Kanpure

In Chapter 4 and Chapter 14.2, on the basis of types, the Sialic Acid market from 2019 to 2030 is primarily split into:

Solid
Liquid

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sialic Acid market from 2019 to 2030 covers:

Infant Nutrition
Cosmetics and Personal Care
Dietary Supplements
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)