Acetyl Serine Market Size

Acetyl Serine Market size is projected to reach USD 104 Million by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e.,2024-2036. In the year 2023, the industry size of acetyl serine was over USD 52 million. The demand for acetyl serine is calculated to grow in the coming years due to the increasing consumption of meat worldwide.

As analyzed by Research Nester analysts, in 2021, around 132 million tons of poultry meat was consumed globally. Also, the consumption of meat worldwide is expected to reach between 450 and 560 million tons by 2050.  As the demand for meat production rises, so does the need for additives, which is predicted to drive the growth of the acetyl serine market.

In addition, due to shifting consumer preferences towards a healthy diet and the growing urban population, there is an increase in demand for dietary supplementary such as vitamins, Minerals, dietary fibers, Amino Acids, Enzymes, Probiotics, etc. As observed by Research Nester analysts, Dietary supplement sales in the United States increased by 5% to around USD 35o million in 2019 before the pandemic.