Global Nucleotide Market is expected to reach USD 809.3
million by 2022, according to a new report by Grand View Research, Inc. Global
nucleotide market is expected to witness substantial growth over the forecast
period owing to its widespread use in pharmaceuticals and food & beverage
industries.
Diagnostic
research along with pharmaceutical applications dominated the nucleotide market
owning to properties including enhanced immunity, positive effects on the
intestines and positive effects of recovery from stress. In addition, growing
R&D in the field of dietary nucleotide coupled with yeast-derived
nucleotide for livestock nutrition across the globe is expected to propel
demand over the forecast period.
Further
key findings from the report suggest:
- Gene chips &
microarrays market demand in nucleotide was valued over USD 200 million in
2014. Growing popularity of this technology among researchers owing to its
ability to run thousands of samples simultaneously in a single experiment
under virtually identical conditions is expected to drive market growth
over the next seven years. Furthermore, growing demand in pharmaceutical
industry to screen increasing numbers of molecules in smaller volumes as
drug candidates is expected to boost technology growth over the forecast
period.
- Global nucleotide demand
in pharmaceuticals was valued at USD 113.3 million in 2014. Growing use of
nucleotide in nutraceuticals product under conditions such as poor diet or
stress will help in optimising the function of the immune systems which is
expected to propel market growth. In addition, increasing demand for
nucleotide as Active Pharmaceutical Ingredients (API) in manufacturing
animal drugs is expected to augment growth.
- Asia Pacific is expected
to witness fastest growth among other regions, growing at a CAGR of 9.7%
from 2015 to 2022. Presences of the leading nucleotide manufacturer in the
region coupled with increasing demand for nutraceuticals and health food
industry is expected to increase demand for the product. In addition,
increasing food & beverage additive explorations particularly Asia
Pacific is likely to propel market growth for nucleotide over the forecast
period
- Key market participants
include CJ CheilJedang Corporation, Star Lake Bioscience Co., Inc,
ThermoFisher Scientific Inc., Meihua Group, F. Hoffmann-La Roche Ltd,
Biorigin, DSM Nutritional Products Ltd., Promega Corporation, Affymetrix
Inc., Agilent Technologies Inc., Lallemand Inc., Nanjing BioTogether Co.,
Ltd., NuEra Nutrition and Ohly GmbH
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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