Acetyl Serine Market Size & Share, by Chemical (Acetyl L-serine, N-Acetyl-L-Serine, O-Acetyl Serine); End-User (Feed Additive, Nutraceuticals & Dietary Supplements, Pharmaceuticals) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5538
  • Published Date: Jan 16, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Acetyl Serine Market size is expected to reach USD 104 Million by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e.,2024-2036. In the year 2023, the industry size of acetyl serine was over USD 52 Million.

Acetyl serine is an important compound used in several industries such as animal feed additives, food and dietary supplements, and pharmaceuticals. The demand for this compound is expected to grow in the coming years due to the increasing consumption of meat worldwide. As analyzed by Research Nester analysts, in 2021, around 132 million tons of poutry meat was consumed globally, also the consumption of meat worldwide is expected to reach between 450 and 560 million tons by 2050. and To keep animals healthy and safe for meat production, additives are necessary in aquaculture, poultry, and other animal-based products. As the demand for meat production rises, so does the need for these additives, which is expected to drive the growth of the acetyl serine market. Additionally, the pharmaceutical industry also relies on acetyl serine for the production of drugs, further boosting its demand. Thus, the future of this market looks bright with ample opportunities for growth and expansion.

In addition, due to shifting consumer preferences towards a healthy diet and the growing urban population, there is an increase in demand for dietary supplementary such as vitamins, Minerals, dietary fibers, Amino Acids, Enzymes, Probiotics etc. As observed by Research Nester analysts, Dietary supplements sales in the United States increased by 5% to around USD 35o million in 2019 before the pandemic. The demand for these products is providing significant growth opportunities for acetyl serine consumption, given the fact that it is a key ingredient used in the manufacturing of such supplements.


Acetyl Serine Market
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Acetyl Serine Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 6%

Base Year Market Size (2023)

~ USD 52 Million

Forecast Year Market Size (2036)

~ USD 104 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Acetyl Serine Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Cosmetics and Personal Care- Acetyl Serine is a popular ingredient in the cosmetics industry, thanks to its numerous benefits for skin health. It is widely used in anti-aging products due to its ability to stimulate collagen production, which can result in firmer and smoother skin. Furthermore, Acetyl Serine is a natural ingredient, which is highly sought after by consumers who value sustainability and eco-friendliness. Its effectiveness in improving skin texture, reducing fine lines and wrinkles, and promoting overall skin health has made it a popular choice among skincare manufacturers looking to develop natural and safe products that meet the demands of the modern consumer.
  • Agricultural Applications - Acetyl serine is a compound used in agricultural practices that helps to improve plant growth and stress tolerance. Enhancing the production of essential amino acids, it can boost plant immunity and increase crop yields, which is particularly important in the face of challenges such as climate change and the need for sustainable agriculture.
  • Demand in Pharmaceuticals- Acetyl Serine is a key ingredient in the pharmaceutical industry, used in the synthesis of antibiotics, peptides, and other essential drugs. The compound is highly valued due to its ability to improve the effectiveness of these medications and also reduce their potential side effects. With the growing demand for healthcare products and medicines worldwide, the demand for Acetyl Serine is also on the rise, making it an important component in the pharmaceutical sector.

Challenges

  • Raw Material Availability and Costs- Acetyl Serine production relies on specific raw materials and precursors. Fluctuations in the availability or prices of these raw materials can affect production costs and subsequently impact the overall acetyl serine market dynamics.
  • Regulatory requirements and compliance standards in different regions can pose challenges for Acetyl serine manufacturers.
  • Fluctuations in the availability or prices of these raw materials can affect production costs and subsequently impact the overall market dynamics.


Acetyl Serine Segmentation

Chemical (Acetyl L-serine, N-Acetyl-L-Serine, O-Acetyl Serine)

The N-Acetyl-L-serine segment is poised to hold 52% share of the global acetyl serine market by 2036. The segment’s growth is attributed to its versatile applications in pharmaceuticals, particularly in drug development and research. N-acetyl-L-serine serves as a crucial precursor in the synthesis of various pharmaceutical compounds, contributing to its increasing demand within the pharmaceutical industry. In addition, N-Acetyl-L-Serine is a component of the dietary proteins and minor components of food as free amino acid. According to projections, by 2032, the global protein ingredients sector is expected to grow by more than USD 47 billion.This variant’s potential for synthesis pathways and its role in creating valuable pharmaceutical products are key factors propelling its growth within the Acetyl Serine market.

End-User (Feed Additive, Nutraceuticals & Dietary Supplements, Pharmaceuticals)

Acetyl serine market from the pharmaceutical segment is typically estimated to garner major revenue share. Pharmaceuticals encompass a wide range of products used for medicinal purposes, addressing various health conditions. The demand for prescription and over the counter medications is generally higher compared to feed additives, nutraceuticals, or dietary supplements, contributing to its larger market size. Moreover, the pharmaceutical sector often involves extensive research, development, and regulatory processes, leading to a robust market presence.

     Chemical

  • Acetyl L-serine
  •  N-Acetyl-L-Serine
  •  O-Acetyl Serine

     End-User

  • Feed Additive
  •  Nutraceuticals & Dietary Supplements
  •  Pharmaceuticals

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Acetyl Serine Industry - Regional Synopsis

North American Market Forecast

North American acetyl serine market is estimated to account for 45% of the revenue share during the forecast period. The region exhibits a robust trajectory driven by diverse industry demands. The pharmaceutical sector anchors the market, utilizing Acetyl Serine in antibiotic and peptide synthesis, aligning with the region’s advanced healthcare and research infrastructure. Furthermore, the burgeoning nutraceutical industry in North America elevates the demand for Acetyl Serine in dietary supplements due to its antioxidant properties and health benefits, catering to a health-conscious consumer base. In a survey conducted, it was observed that about 75% of Americans are users of dietary or nutritional supplements. The agricultural sector also contributes significantly, leveraging Acetyl Serine to enhance crop resilience and productivity amid changing climatic conditions. Additionally, the cosmetics industry integrates this compound into skincare formulations, capitalizing on its skin-enhancing attributes. Innovation, research initiatives, and technological advancements continue to fuel the growth of the North American Acetyl Serine market across pharmaceuticals, agriculture, nutraceuticals, and cosmetics, indicating a promising trajectory amidst evolving market dynamics.

APAC Market Statistics

Asia Pacific acetyl serine market is expected to record significant growth propelled by various industries. The pharmaceutical sector, particularly in countries like China and India, propels demand as Acetyl Serine is a pivotal element in antibiotic and peptide synthesis, aligning with the region’s expanding healthcare needs and pharmaceutical manufacturing capabilities. Moreover, the burgeoning nutraceutical industry across the Asia Pacific elevates the demand for Acetyl Serine due to its antioxidant properties and health-promoting benefits, appealing to a health-conscious populace. Agricultural applications also contribute substantially, leveraging Acetyl Serine to enhance crop resilience and yield in countries prioritizing agricultural innovation. Additionally, the cosmetics industry integrates Acetyl Serine into Skincare formulations, capitalizing on its skin-enhancing qualities.

Research Nester
Acetyl Serine Market
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Companies Dominating the Acetyl Serine Landscape

top-features-companies
    • Merck KGaA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Guangzhou LES biological Technology Co., Ltd.
    • Thermo Fisher Scientific Inc.
    • Hanhong Scientific
    • Shanghai Bide Pharmaceutical Technology Co., Ltd.
    • Tianjin  Pharmaceutical Co. Ltd.
    • Wuxi Jinghai Amino Acid Co., Ltd. 
    • WUHAN DONG KANG YUAN TECHNOLOGY CO., LTD.
    • Qingdao Samin Chemical Co., Ltd. 
    • Wuhan Soleado Technology Co., Ltd. 

In-the-news

In The News

  • A study highlighting the advantages of integrating computational workflows with wet lab experiments to advance drug development was jointly published by science and technology company Merck and XtalPi Inc., a forward-thinking pharmaceutical technology company driven by artificial intelligence (AI) and automation.
  • Thermo Fisher Scientific Inc., a global leader in providing services to the scientific community, announced that it has successfully paid $17.4 billion to acquire PPD, Inc., a prominent global provider of clinical research services to the biopharma and biotech industries.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5538
  • Published Date: Jan 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing applications in the cosmetics & personal care market, shifting consumer preferences, and demand in the pharmaceutical sector are some of the major growth factors for the market.

The market size of acetyl serine is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Guangzhou LES biological Technology Co., Ltd., Thermo Fisher Scientific Inc. Hanhong Scientific, Shanghai Bide Pharmaceutical Technology Co., Ltd., Tianjin Pharmaceutical Co. Ltd., Wuxi Jinghai Amino Acid Co., Ltd., WUHAN DONG KANG YUAN TECHNOLOGY CO., LTD., Qingdao Samin Chemical Co., Ltd., Wuhan Soleado Technology Co., Ltd., KYOWA HAKKO BIO CO., LTD., NAGASE & CO., LTD., and others.

The N-Acetyl-L-serine segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Acetyl Serine Market Report Scope
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