Nucleotides Market Outlook, Competitive Landscape, Industry Analysis and Forecasts to 2028

Byimarcsuraj

IMARC Group has recently released a new research study “Nucleotides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Nucleotides industry?

The global nucleotides market size reached US$ 667.0 million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 995.3 Million by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.

What is the Nucleotides Market ?

Nucleotides represent organic molecules consisting of a phosphate and a nucleoside that form the basic building block of nucleic acids, including deoxyribonucleic acid (DNA) and ribonucleic acid (RNA). They can be categorized into various types, such as food grade, lab grade, industry grade, etc. These nucleotides improve several metabolic processes and aid in the formation of the protein structures synthesized in the cell.

They even act with enzymes to accelerate biochemical reactions in the body, assist in the biosynthesis of macromolecules, aid in encoding, transmitting, and expressing genetic information in the body, and provide a high degree of selectivity and potency against the herpes group of viruses. As a result, nucleotides find extensive applications across numerous sectors, including pharmaceuticals, nutraceuticals, food, dairy, animal feed additives, etc.

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Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What are the major market drivers in the Nucleotides Market:

The rising employment of nucleotide supplements in dairy products, such as powdered milk, yogurt, condensed milk, etc., is primarily driving the nucleotides market. Moreover, the escalating availability of the product in the form of powdered fluids is acting as another significant growth-inducing factor.

Apart from this, the increasing adoption of these supplements in nutraceuticals segment to treat stress, poor nutrition, and hypertension and in diagnostic research for diagnosing the presence of viral ailments and types of cancer is also positively influencing the global market. Additionally, the growing use of the product in animal feed to maintain metabolism rates in livestock is further catalyzing the market growth.

Besides this, the elevating product utilization to enhance the recovery of intestinal epithelial cells that boost the immunity system and the expanding need for ribonucleotides to manufacture infant food formulations are expected to propel the nucleotides market in the coming years.

Who are The Major Key Players in Nucleotides Market?

CJ CheilJedang Corporation

Exotic Biosolutions, F

Hoffmann-La Roche AG

Jena Bioscience GmbH

Koninklijke DSM N.V

Lallemand Inc.

Meridian Bioscience Inc.

Nanjing Biotogether Co. Ltd.

Ohly GmbH (Associated British Foods plc)

Promega Corporation

Starlake Bioscience Co. Inc.

and Thermo Fisher Scientific Inc

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

  • Food Grade
  • Lab Grade
  • Industry Grade
  • Others

Breakup by Technology:

  • TaqMan Allelic Discrimination
  • Gene Chips and Microarrays
  • SNP by Pyrosequencing
  • Others

Breakup by Form:

  • Liquid
  • Powder

Breakup by Application:

  • Pharmaceutical
  • Food and Animal Feed Additives
  • Drug Discovery
  • Others

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2017-2022)

Market Outlook (2023- 2028)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6472&flag=C

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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