L-Cysteine and Its Hydrochloride Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.
Los Angeles, CA -- (SBWIRE) -- 04/25/2019 -- L-cysteine is a proteinogenic amino acid contributing to building protein and includes the element sulphur. It can be synthesised in the human liver and is therefore not an essential amino acid. While L-cysteine hydrochloride is a less popular supplementalform of the amino acid L-cysteine. Currently, there are several companies in the world can produce l-cysteine product, mainly concentrate in China. The main market players are Wacker, Nippon Rika, Ajinomoto, Ningbo Zhenhai Haide Biochem, etc. The production of l-cysteine increased from 12187 Tonnes in 2011 to 14066 Tonnes in 2015, with an average growth rate of 3.72%. Global l-cysteine capacity utilization rate remained at around 83% in 2015.
In consumption market, the growth rate of global consumption is smooth relatively with the 3.56% of average growth rate. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy. L-cysteine product can be classified into two types: L- Cysteine and L-Cysteine Hydrochloride. L-Cysteine Hydrochloride is widely used in food industry, while L- Cysteine mainly used in pharmaceutical industry. Survey results showed that l-cysteine take 32% of the market.
Currently, there are two kinds of commonly used production process of l-cysteine. It includes chemical synthesis and biological fermentation. Due to the different process, the major raw materials for l-cysteine are different. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of l-cysteine industry.
We tend to believe this industry is a mature industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global L- Cysteine and Its Hydrochloride market was 570 million US$ in 2018 and is expected to 630 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025. This report studies the L- Cysteine and Its Hydrochloride market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of L- Cysteine and Its Hydrochloride in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Ningbo Zhenhai Haide Biochem
Wuhan Grand Hoyo
Donboo Amino Acid
Huaheng Biologgical Technology
Shine Star (Hubei) Biological Engineering
Bafeng Pharmaceuticals & Chemicals
Ningbo Haishuo Biotechnology
Haitian Amino Acid
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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