Cysteine Market Share

APAC Market Statistics

Asia Pacific industry is expected to hold largest revenue share of 38% by 2037. In India, the bakery industry is increasing its expansion and the demand for cysteine ​​from the bakery industry is also expected to increase owing to dough conditioning and other applications.  Moreover, increasing production of biscuits and cookies is also estimated to drive the growth of the global cysteine market in the region during the forecast period. According to statistics, around 630 thousand metric tons of biscuits and cookies were produced in the South Asian country of India in 2020. It shows that there is a huge demand for cysteine in the production of snack food such as biscuits, pastries, and others. For instance, between 2023 to 2027, the snack food segment in Asia is projected to grow by approximately 6% summing up to a total volume of USD 300 billion in 2027.

North American Market Forecast

The North American cysteine market is estimated to register significant growth during the forecast period. The growth of the market can be attributed majorly to the increasing level of the geriatric population with osteogenesis imperfecta needing anti-aging components and the growth of the pharmaceutical industry in the region boosting the demand for cysteine. It was noticed that in 2019, there were approximately 53 million people over the age of 65 in the United States, representing about 16% of the population, which is projected to reach 21% by 2040. Hence, such factors are estimated to drive the growth of the market in the region during the forecast period.