Know More About “Nucleotide Market 2014-2022” Growth Worldwide…..|Grand View Research, Inc.



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.
Key industry 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.
The industry is integrated across various stages of the value chain particularly from nucleotide manufactures to end-use industries. In addition, integration across numerous stages of the value chain results in continuous raw material supply as well as low manufacturing cost.
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Increasing application scope of the product in industries including pharmaceuticals particularly in the U.S. and Canada is expected to have a positive impact on industry growth. Globally rising demand from livestock industry for animals and increased health concern of animals has raised the demand for food additives.
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
Growing use of nucleotide in nutraceutical product under conditions such as poor diet or stress will help in optimizing the function of the immune systems which is expected to propel growth. Furthermore, increasing pressure from various health and safety organizations regarding human safety is expected to promote demand over the next seven years.
Diagnostics research was the largest application segment, accounting for 42.6% of global volume in 2014. Growing and expanding the use of the product in diagnostics research for determining and testing diseases including the presence of various viral infections or a certain type of cancer is expected to propel demand over the next few years.
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Food & beverage additive are expected to grow on account of rising demand for flavor enhancer particularly in Asia Pacific, Europe, and North America. In addition, versatile health benefits associated with nucleotide makes it suitable for its use in food & beverage and medical purpose is likely to propel growth over the forecast period.
Grand View Research has segmented the global nucleotide market on the basis of technology, ingredients, application:
Global nucleotide Technology Outlook (Revenue, USD Million, 2012 - 2022)
·         TaqMan allelic discrimination
·         Gene chips & microarrays
·         SNP by pyrosequencing
·         Others
Global nucleotide Application Outlook (Volume, Units; Revenue, USD Million, 2012 - 2022)
·         Pharmaceuticals
·         Diagnostics research
·         Food & beverage additive
·         Animal feed additive
·         Others
Major processes in the industry include TaqMan allelic discrimination, Gene chips & microarrays and SNP by pyrosequencing. Among these key processes, TaqMan allelic discrimination dominated the global in the recent past, followed by SNP by pyrosequencing. TaqMan allelic discrimination process was valued over USD 230.8 million in 2014 and is expected to witness significant growth owing to growing demand from in diagnostic research. Asia Pacific region is expected witness considerable growth in TaqMan allelic discrimination technology owing to the prevalence of chronic diseases.
SNP by pyrosequencing process is expected to witness brisk growth over the forecast owing to high demand from the end-use industries and various advantages such as it easy to read and share and it gives true sequence information.
About Grand View Research
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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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