Cysteine Market Size

Cysteine Market size was valued at USD 378.43 Billion in 2023 and is expected to exceed USD 837.37 Billion by the end of 2036, expanding at over 6.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cysteine is evaluated at USD 399.89 Billion. The market is estimated to grow on the back of increasing demand for cysteine from the pharmaceutical industry. In the pharmaceutical industry, cysteine used to make its derivatives, which are further used as a processing aid in refolding of genetically modified proteins. Therefore, the growth of the pharmaceutical industry is anticipated to provide lucrative growth opportunities to the global cysteine market in the coming years. According to the data, under the Strengthening Pharmaceutical Industry (SPI) scheme in India, a financial outlay of about USD 660 million was announced for the further development of the pharmaceutical industry for the period from 2021-22 to 2025-26.

The global cysteine market is also estimated to witness noteworthy growth over the forecast period on the back of the rising adoption of cysteine from the cosmetic industry, as it is highly used as an anti-agent. It was observed that more than 45 billion are produced from cosmetic sales in the United States each year. The rising identification and detection of diseases or disorders caused by cysteine ​​deficiency in the human body is also expected to boost market growth during the forecast period. Moreover, rising health awareness and an increasing proportion of disposable income are also projected to drive the growth of the global cysteine market in the coming years.