Published on : Jul 04, 2018
Albany, New York, July 4, 2018: The growing market for phosphatidylserine is the focus of the latest study, added to the wide repository of Market Research Hub (MRH). The report that has been titled as “Global Phosphatidylserine Market by Manufacturers, Countries, Type and Application, Forecast to 2023” which provides insights on the phosphatidylserine industry over a projection period, 2018-2023. This analyzes the global market for phosphatidylserine on the basis of region, manufacturers, type, and application.
Phosphatidylserine is naturally found in small amounts in egg yolks and other foods. In fact, most people consume 75 to 185 mg of phosphatidylserine daily in their regular diet. In the present time, analysts have studied that the market for phosphatidylserine is mainly driven by growing demand for dietary supplement and functional foods. Apart from that, people's strong desire for healthy lifestyle promotes the development of this industry. As per the active research evaluations, the worldwide market for phosphatidylserine is expected to grow at a CAGR of 10.2% over the next five years, and it will reach 130 million US$ in 2023, from 75 million US$ in 2017.
To elaborate further on this rapidly growing market, the report offers in-depth information on the crucial aspects and provides data on the factors propelling the growth of the global market, competition landscape, important segments and growth patterns. In terms of geography, the study offers a holistic outlook on the market’s growth in terms of revenue in US$ Million and in terms of volume in thousand units across different geographical regions. Regions highlighted in this study are Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. Some of the major highlights from the study:
- At present, the major producers of Phosphatidylserine are concentrated in Europe and Asia-Pacific. Also, there is large space in the China market. With the development of Chinese phosphatidylserine production technology, their share in the global market is growing, and competitiveness in the global market gradually increases.
- In terms of application, the research study finds that global market is expected to witness significant growth on account of rising applications, so in the next few years, Phosphatidylserine production will show a trend of steady growth. In 2020, the production of Phosphatidylserine is estimated to be 322.7MT, and the consumption increasing degree will be high.
- By type, the study covers 20% Content, 50% Content and other content, with sales market share and growth rate by 2023.
Based on the insights offered in the report, leading firms and new market players can make precise deductions and vital investment decisions. At present, key players operating in the market include Chemi Nutra, Baianrui Biotech, L&P Food Ingredient, Glonet (Doosan Group), Lipoid, H&C pharmaceutical (CSHPHARM), Lipogen, Guanjie Biotech, Novastell, Sino Herb, Lonza, Enzymtec Sharp.PS and BHN.
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