Cysteine Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Cysteine market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Cysteine Market report is anticipated to register a CAGR of 5.5% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Cysteine Market are –
- Wacker Chemie AG
- Nippon Rika Industries Corporation
- Ajinomoto North America Inc.
- Ningbo Zhenhai Haide Biochem Co. Ltd
- Wuhan Grand Hoyo Co. Ltd
- Wuxi Bikang Bioengineering Co. Ltd
- Donboo Amino Acid Co. Ltd
- Merck KGaA
- CJ Haide (CJ CheilJedang Corp.)
- Shine Star (Hubei) Biological Engineering Co. Ltd
- Shanghai Cosroma Biotech Co. Ltd
The global cysteine market is expected to witness a CAGR of approximately 5.5% during the forecast period, primarily driven by growing demand from the dough conditioning application, from the bakery industry. Increasing demand from the pharmaceutical industry is also likely to stimulate the cysteine market during the forecast period.
Dough Conditioning Application Driving the Market
Cysteine is widely used in the bakery industry as a dough conditioner. It tears apart the disulfide bonds of gluten, a protein found in flour that is responsible for giving thickness to dough. India is the second-largest manufacturer of biscuits, after United States. The bakery industry in India is expected to grow at 18-20% in the next five years, with proliferation of brands, such as Bauli. Bimbo, world’s largest bakery product group, has muscled its way into India with the acquisition of a majority stake in a local bread group, Ready Roti India. This could spark more deals for cysteine in the coming years.
Food the Dominating End-User Industry
Cysteine is used as an ideal intermediate for meat flavorings and roast aromas. By reacting cysteine with various sugars, a number of savory flavors can be synthesized. The US Department of Agriculture (USDA) also announced that the average consumer is expected to eat 222.2 pounds of red meat and poultry in 2018. Domestic production is also expected to surpass GBP 100 billion. The decline in meat prices and dietary trends that focus more on protein and less on carbohydrates have helped in the continuous growth of meat production. With the increase in consumption of meat, across the world, the demand for cysteine is likely to grow during the forecast period.
Animal Feed and Pharmaceutical Dominating the Asia-Pacific Market
In terms of consumption, in 2017, Asia-Pacific held a significant market share. China is the largest producer of L-cysteine. The country follows the traditional method of producing cysteine, using duck feathers and human hair compared to the fermentation process. China’s animal feed production industry is the largest industry, globally, with around 187 million metric ton production in 2016. It is further planning to increase its production to 220 million metric ton by 2020, as per the 13th Five Year Plan (2016-2020) of Ministry of Agriculture, which in turn, is likely to drive the demand for cysteine during the forecast period.
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Scope of the Report:
The report analyses Cysteine market, which includes –
- Analysis of the growth of Cysteine market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Cysteine market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Cysteine market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Cysteine market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Cysteine Market Report:
- Varying dynamics of the Cysteine industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- Cysteine market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Cysteine market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Cysteine Market Report:
- The report analyses how stringent emission control norms will drive the global Cysteine market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Cysteine market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Cysteine:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
Look into Table of Content of Cysteine Market Report @ https://www.360marketupdates.com/TOC/12887156#TOC
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