Cysteine Market Trends

Growth Drivers

Increasing Consumption Rate of Bakery Products – It was estimated that about 324 million Americans consumed bread in the United States in 2019 and this figure is projected to reach 334 million by the end of 2024.

In the bakery industry, cysteine is used as a dough conditioner to break down gluten disulfide bonds. It is helpful to reduce the dough viscosity and increase the elasticity so it’ll get puffed up during baking. Furthermore, there are no significant health issues associated with the utilization of cysteine. Cysteine is not considered to be a vegetarian source, hence, not appropriate to be consumed by vegans. The increasing consumption of bakery products is expected to increase the demand for cysteine from the bakery industry over the forecast period.

Growth of the Chemical Industry – According to statistics, in 2019, the Indian chemical industry was valued at around USD 175 billion, which is projected to grow to USD 300 billion by the end of 2025.
Increased Research & Development Expenditure – As per data by the World Bank, global research and development expenditure in proportion to gross domestic product (GDP) was around 2.63% in 2020, up from 2.2% in 2018. The production and distribution of cysteine can receive notable benefits from the increment in the R&D expenditure since it is the money spent on creative work and new applications.
Rising Support from the Government through Various Policies and Schemes – As per the data, in India, around USD 26 million was allocated by the government to the Department of Petrochemicals under the Union Budget 2022-23.
Increasing Level of Geriatric Population Globally– According to the World Health Organization (WHO) data, the population aged 60 years and above stood at around USD 1 billion in 2020, which is projected to reach USD 1.4 billion by 2030. Cysteine is believed to be a much-needed anti-aging component for bones and connective tissue, which is further estimated to drive market growth in the coming years.

Challenges

Availability of Alternates of Cysteine
Presence of Increased Level of Nitrogen in Cysteine and Reduced Efficacy of Kidney
Production Cost of Synthetic Cysteine is High

Cysteine Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	6.3%
Base Year Market Size (2023)	USD 378.43 Billion
Forecast Year Market Size (2036)	USD 837.37 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cysteine is evaluated at USD 399.89 Billion.

The 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. Rising support from the government through various policies and schemes and increasing consumption rate of bakery products are the major factors driving the market growth.

North America is set to account for largest industry share by 2036, attributed to increasing level of the geriatric population with osteogenesis imperfecta needing anti-aging components.

Wacker Chemie AG, Nippon Rika Kogyosho CO., LTD., Ajinomoto Co., Inc., Wuxi Bikang Bioengineering Co., Ltd, Merck KGaA, Croda International plc, SERVA Electrophoresis GmbH, Chemyunion Inc., Asiamerica Group, Inc., Exela Pharma Sciences, LLC

Cysteine Market Trends