Catalyzing Growth: Nucleotides Market Demand Soars to US$ 559.9 Million in 2031 Anticipated to Surge Globally

According to recently released data from the nucleotides market study, the global demand for all nucleotides increased by 5.8% annually in 2021 to reach US$ 559.9 Million, and it is anticipated to increase by 6.1% annually over the forecasted period.

The growing application potential in the pharmaceutical and food & beverage industries would be extremely beneficial to the industry. People are using more nucleotide-based flavour enhancers as they become more aware of the harmful consequences that tasty chemicals have on their health. As a result of increasing application levels across numerous sectors, the market will rise significantly in the next years.

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It includes in-depth insights into the nucleotide market. Some of these are:

  • The estimated value of the market was at US$ 501.1 Mn in 2021. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America has emerged as a key market for nucleotide.
  • In addition to this, Europe is expected to remain steady as key markets for nucleotide.
  • Among key technologies used in the market, TaqMan allelic discrimination is identified as the most sought-after technology.
  • Key players are likely to focus on product innovations to stay relevant in developed markets.

“The increasing scope of application of nucleotide, especially in nutraceutical products will aid the market’s expansion. As a result of high demand for nutritive food products, developed regions will emerge as key market places in the nucleotide market,” said a lead analyst at FMI.

Rising Use of Nucleotide to Offer Better Nutrition in Food will Boost Growth

The use of nucleotide in various food products to offer better nutrition has considerably increased in the last few years. Nucleotide often helps in conditions such as stress or poor diet by optimizing immune system functions. The rising awareness about the benefits of the product will result in higher adoption across the world. According to studies, the persistently rising demand for food fortification creates growth opportunities for the market.

The steadily surging prevalence of nutrient deficiency and malnutrition around the world are two leading causes fuelling the demand for nucleotide. To cater to the rising demand, manufacturers are therefore coming up with nucleotide premixes that ensure better health benefits. These strategies adopted by the market players are bolstering growth opportunities for the market.

Who is Winning?

Some of the leading players operating in the nucleotide market are CJ CheilJedang Corporation, Star Lake Bioscience Co., Inc, ThermoFisher Scientific Inc., F. Hoffmann-La Roche Ltd, Promega Corporation, Agilent Technologies Inc., NuEra Nutrition, Meihua Group, Biorigin, DSM Nutritional Products Ltd., Affymetrix Inc., Lallemand Inc., Nanjing BioTogether Co., Ltd., and Ohly GmbH.mention the leading companies).

As a result of increasing competition, nucleotide manufacturers are focusing on innovation and product development. Several new players are focusing on product launches in food and dietary supplements segments.

Take Advantage of Our Exclusive Report to Access Detailed Analysis and Stay Ahead of the Competition in the Nucleotide Market:
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Get Valuable Insights into Nucleotide Market

By Technology:

  • TaqMan allelic discrimination
  • SNP by pyrosequencing
  • Gene chips & microarrays
  • Others

By Application:

  • Food & beverage additive
  • Animal feed additive
  • Pharmaceuticals
  • Diagnostics research
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA 

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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