Global Phosphatidylserine Market to Reach US$3.09 Billion

SEATTLE, May 18, 2022 (GLOBE NEWSWIRE) — The world phosphatidylserine market was valued at US$1.89 billion in 2020 and is expected to grow at a CAGR of 6.3% during the forecast period (2021-2028).

Key Global Phosphatidylserine Market Trends and Analysis:

Phosphatidylserine is an important chemical for many functions in the human body, especially in the brain. Phosphatidylserine is found in various functional food ingredients such as mega-3 fatty acids, fiber, vitamins, minerals and others. Phosphatidylserine plays an essential role in the recognition and clearance of apoptotic cells. Phosphatidylserine is used to treat people with memory loss because it helps improve brain cell health. It may also help lower cholesterol, reduce inflammation, and treat heart problems.

The rapidly expanding food and beverage industry, especially in emerging countries such as Brazil, Russia, India, China, and South Africa, is expected to drive the growth of the global phosphatidylserine market in during the forecast period. For example, according to the Indian Food and Beverage Industry Association, the revenue of the food and beverage industry in India is expected to increase at a growth rate of 14.2% during the period 2020-2024, mainly due to increasing urbanization and the rapid increase in the young population. Additionally, increasing consumption of functional foods and dietary supplements due to rapid expansion of the retail network, growth in disposable income, new product launches and population growth is expected to drive the growth of the global phosphatidylserine market over the forecast period.

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Main market takeaways:

The global phosphatidylserine market is expected to grow at a CAGR of 6.3% over the forecast period (2021-2028). Phosphatidylserine is also known as phospholipid. It also consists of two fatty acids linked by an ester bond to the first and second carbon of glycerol and serine linked by a phosphodiester bond to the third carbon of glycerol.

North America is the second largest region in the global phosphatidylserine market in 2020 and is expected to show the same trend during the forecast period (2021-2028). Rising adoption rate of phosphatidylserine in functional foods, dietary supplements, and medical products in the United States and Canada is expected to drive the market over the forecast period. The growing food and beverage industry in the United States and Canada is expected to drive the consumption of phosphatidylserine. In 2019, the US Food and Drug Administration recently granted GRAS status to phosphatidylserine. The grant encouraged manufacturers to innovate new food and beverage products by incorporating phosphatidylserine.

Competitive Landscape:

Major players operating in the market are Solgar Inc., Nature’s Way Products Llc., Wuhan Demekai Biotechnology Co. ltd., Jarrow Formulas Inc, Lipoid Gmbh, Lipogen Products Ltd., Double Wood Llc., Xi’an Sino Herb Bio- Technology Co. Ltd., Xian Natural Field Bio-Technique Co. Ltd., NJ Chsoyue Pharm Co. Ltd., Swanson Health Products Inc., ECA Healthcare Inc. and IvoVital Gmbh.

These players are adopting various organic and inorganic growth strategies such as new product launches, expansion, collaboration, joint ventures, strategic alliances and others to increase their product portfolio and business operations. For example, in March 2021, Lipoid Gmbh launched its new product named PHOSAL Curcumin. It is a new self-stabilizing liquid formulation of curcumin with 50% phosphatidylserine offering higher bioavailability and additional health benefits.

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Market segmentation :

  • Global Phosphatidylserine Market, By Type:
  • Global Phosphatidylserine Market, By Source:
  • Global Phosphatidylserine Market, By Forms:
  • Global Phosphatidylserine Market, By Distribution Channel:
    • In line
    • Offline
      • Hypermarket
      • Supermarket
      • Others (specialty stores)
  • Global Phosphatidylserine Market, By Application
    • Functional food
    • medical food
    • Food supplements
    • Others
  • Global Phosphatidylserine Market, By Region:
    • North America
    • Europe
      • By country:
        • UK
        • Germany
        • France
        • Italy
        • Spain
        • Russia
        • The rest of Europe
    • Asia Pacific
      • By country:
        • China
        • India
        • Japan
        • South Korea
        • ASEAN
        • Australia
        • Rest of Asia-Pacific
    • Latin America
      • By country:
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East
      • By country:
        • GCC countries
        • Rest of the Middle East
    • Africa
      • By country/region:
        • North Africa
        • central Africa
        • South Africa

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