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.
This report contains market size and forecasts of Serine in global, including the following market information:
Global Serine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Serine Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Serine companies in 2021 (%)
The global Serine market was valued at 248.5 million in 2021 and is projected to reach US$ 353.6 million by 2028, at a CAGR of 5.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
L-Serine Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Serine include Ajinomoto, Evonik, KYOWA, Mitsui Chemicals, Amino, Wuxi Jinghai Amino Acid, Apeloa, Bafeng Pharmaceutical and Jiahe Biotech and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Serine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Serine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Serine Market Segment Percentages, by Type, 2021 (%)
L-Serine
D-Serine
DL-Serine
Global Serine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Serine Market Segment Percentages, by Application, 2021 (%)
Pharmaceutical
Food
Cosmetics
Others
Global Serine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Serine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Serine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Serine revenues share in global market, 2021 (%)
Key companies Serine sales in global market, 2017-2022 (Estimated), (MT)
Key companies Serine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ajinomoto
Evonik
KYOWA
Mitsui Chemicals
Amino
Wuxi Jinghai Amino Acid
Apeloa
Bafeng Pharmaceutical
Jiahe Biotech
Hua Yang Chemical