Global Serine Amino Acid Market Size, Share, and COVID-19 Impact Analysis, By Type (D-Serine, L-Serine, and DL-Serine), By Application (Pharmaceutical, Dietary Supplements, and Cosmetics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Serine Amino Acid Market Insights Forecasts To 2033

• The Global Serine Amino Acid Market Size was Estimated at USD 136.96 Million in 2023
• The Market Size is Expected to Grow at a CAGR of around 7.07% from 2023 to 2033
• The Worldwide Serine Amino Acid Market Size is Expected to reach USD 271.28 Million by 2033
• North America is predicted to Grow at the fastest CAGR throughout the projection period

The Global Serine Amino Acid Market size is predicted to Exceed USD 271.28 Million by 2033, Growing at a CAGR of 7.07% from 2023 to 2033.

Market Overview

The serine amino acid market is a growing industry focusing on the production, distribution, and application of serine, a non-essential amino acid involved in protein synthesis, enzyme function, and cellular health. Nuts, soybeans, eggs, lentils, meat, chickpeas, and fish are all sources of serine, a non-essential amino acid. D-serine and L-serine are its two varieties. D-serine is made internally, whereas L-serine is mostly utilized in the diet. Both forms are used to make proteins and send chemical signals to the brain, potentially treating schizophrenia and other brain conditions. Serine is primarily used for Parkinson's disease, schizophrenia, insomnia, memory and thinking skills, depression, and other conditions. Amino acids are used in health supplements to reduce muscle soreness and cardiovascular disease risk, and are also gaining popularity in the sports nutritional supplements industry. They are increasingly found in functional food and beverages and dietary supplements. The growing awareness of dietary supplements and increasing protein consumption support the serine amino acid market growth.

Report Coverage

This research report categorizes the global serine amino acid market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global serine amino acid market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global serine amino acid market.

Driving Factors:

Plant-based proteins are increasingly being used as healthier alternatives to meat products, leading to a surge in demand for plant-based amino acid supplements. These supplements offer significant health benefits and minimal environmental impact, making them a popular choice for consumers. The market for serine amino acid is expected to grow due to new technologies and advancements in biotechnology. Health supplements, such as functional foods, are also in high demand globally, particularly in competitive sports, bodybuilding, and muscle building. These supplements are also used in diabetes and chronic disease treatment, and are also used to enhance immunity against cancer. The market for Serine Amino Acid is expanding due to factors such as increasing demand for dietary supplements, expanding pharmaceutical applications, growth in cosmetics and personal care, biotechnology advancements, clean label and traceability trends, and rising demand for functional foods.

Restraining Factors

Serine amino acid production faces price fluctuations due to increased consumption of raw materials, rising energy prices, and poor-quality substitutes in developing economies, potentially restricting market growth and threatening market size.

Market Segmentation

The global serine amino acid market share is classified into type and application.

• The L-serine segment dominated the serine amino acid market in 2023 and is anticipated to grow at a significant CAGR throughout the forecast period.

Based on the type, the global serine amino acid market is categorized into D-serine, L-serine, and DL-serine. Among these, the L-serine segment dominated the serine amino acid market in 2023 and is anticipated to grow at a significant CAGR throughout the forecast period. L-serine, a non-essential amino acid, regulates cellular processes and is crucial for type 1, type 2, and gestational diabetes. L-serine supplements improve glucose homeostasis, mitochondrial function, and nerve cell death, and are FDA-approved.

• The dietary supplements segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.

Based on the application, the global serine amino acid market is categorized into pharmaceutical, dietary supplements, and cosmetics. Among these, the dietary supplements segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe This is attributed to factors such as rising demand for brain health supplements, metabolic support, sports nutrition, biotechnology advancements, clean label and traceability trends, and the expansion of functional foods. Serine plays a crucial role in neurological function and cognitive enhancement, contributing to overall wellness.

Regional Segment Analysis of the Global Serine Amino Acid Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the global serine amino acid market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global serine amino acid market over the predicted timeframe. The growing pharmaceutical industry, the rise of functional foods and beverages, biotechnology breakthroughs, the growing need for animal feed additives, industry expansion and regulatory support, and the popularity of vegan and plant-based diets are some of the major factors driving the Asia-Pacific serine amino acid market. Consumer interest in nutrient-rich food products is driving the growth of functional foods and beverages, while serine is being used more and more in neurological treatments, metabolic therapies, and medication formulations. Additionally, governments are encouraging sustainable production and research on amino acids, and product development is being impacted by the growing popularity of plant-based and vegan diets.

North America is anticipated to grow at the fastest CAGR throughout the projected timeframe. Rising demand for dietary supplements, growing pharmaceutical applications, growth in cosmetics and personal care, biotechnology advancements, clean label and traceability trends, and growing demand for functional foods are all driving the serine amino acid market in North America. Serine is a common ingredient in supplements for metabolism, brain health, and muscle recovery. It is also utilized in metabolic therapies and neurological treatments. Additionally, it is included in skincare products that moisturize and fight aging. Furthermore, consumers are looking for more functional foods with higher nutritional content and transparent ingredient sourcing. Bing offers more information about local trends and new developments.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global serine amino acid market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Evonik Industries
• Mitsui Chemical
• Kyowa Hakko Bio Co., Ltd.
• Tokyo Chemical Industry Co., Ltd.
• Ajinomoto Co., Inc.
• Bioven Ingredients
• ThermoFisher Scientific
• Lipotec S.A.U.
• Sichuan Tongsheng Amino Acid Co., Ltd.
• Merck KgaA
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global serine amino acid market based on the below-mentioned segments:

Global Serine Amino Acid Market, By Type

• D-Serine
• L-Serine
• DL-Serine

Global Serine Amino Acid Market, By Application

• Pharmaceutical
• Dietary Supplements
• Cosmetics

Global Serine Amino Acid Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa