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The Nucleotide Market Size was valued at USD 0.83 Billion in 2023 and is expected to reach USD 1.61 Billion by 2032, and grow at a CAGR of 8.01% over the forecast period 2024-2032.
The increasing application of products in pharmaceutical industries, especially in the U.S. & Canada is expected to drive the industry growth over future years. The worldwide rapid growth in demand by the animal husbandry sector for animals and increased focus on vulnerable livestock health is driving up food additive use. Such as Gilead Sciences worked with the U.S Centers for Disease Control and Prevention (CDC) and USAMRIID to develop Remdesivir (GS-5734).
The growing applications of nucleotides in diagnosis research, involving defining and testing different types of diseases such as viral infections diagnosis among others; predicting risk for certain types of cancer, etc. are likely to develop demand within the coming years. It is believed that the enforcement of supportive government policies across nearly all regions in a bid to improve infrastructure will further drive demand over the foreseeable future. Pyrimidine metabolism (PyM) has been described as a network of interactions with different enzymes in the cell by the National Center for Biotechnology Information (NCBI). This involves recycling nucleosides, de novo synthesis of new nucleotides, and catabolic breakdown of pyrimidines. Normally, in our cells, these two processes cooperate efficiently.
KEY DRIVERS:
The Continuous Advancements in Genomic Research and Personalized Medicine Are a Significant Driver for The Nucleotide Market.
The Increasing Prevalence of Genetic Disorders and Chronic Diseases Drives the Demand for Nucleotides Used in Diagnostics and Therapeutics.
RESTRAINTS:
The Higher Cost Associated with Advanced Nucleotide Technologies, Such as High-Throughput Sequencing and Gene-Editing Tools, Is A Significant Restraint.
The Nucleotide Market Faces Regulatory and Ethical Challenges, Particularly Concerning Gene-Editing Technologies and Genetic Testing.
OPPORTUNITY:
The Growth of Precision Medicine and Synthetic Biology Presents Significant Opportunities for The Nucleotide Market.
Increasing Investments in Genomic Research and Biotechnology, Particularly in Emerging Markets and Developing Regions, Create Growth Opportunities for The Nucleotide Market.
By Product
The dideoxy nucleotides segment led the global nucleotide market in 2023, holding a revenue share of 48%, and is anticipated to grow with the highest CAGR of 7.36% during the forecast period (2024-2030). The significant growth of the segment is the result of the surging applications of (dNTPs) such as DNA sequencing, DNA synthesis, gene therapy, vaccine development, cancer research, and several others. An overview of the product segment is categorized as deoxy nucleotides, dideoxy nucleotides, Nucleotides for RNA Synthesis (rNTP), and Labeled nucleotides. The deoxy nucleotide segment dominates the global nucleotide market owing to traits like stability, availability, and affordability. Hence, these key factors are further witnessed to boost the nucleotide industry during the forecast period.
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By Application
The diagnostics research segment held a 46% share of the nucleotide market by 2023. The surge in demand for this product in diagnosis research such as the detection and testing of diseases e.g. viral infection or some cancer is anticipated to drive segment growth over the coming years.
In contrast, Food & Beverage Additives are predicted to increase profoundly during 2030 due to rising demand for flavor enhancers worldwide especially in Europe and North America are factors supporting this growth. The versatile beneficial health characteristics of the nucleotides discussed above make them ideal for use in food & beverage products and pharmaceuticals, which is expected to drive market growth over the forecast period.
North America accounted for 40% Share by 2023 because of the advanced research infrastructure and high investments placed towards biotechnology & genomics. The existence of global top-notch research institutions and large government support, e.g. USD 45 Billion annual budget from the National Institutes of Health (NIH), makes it a perfect place for innovation & growth Notably, NIH's funding of more than USD 3.7 billion toward genomic research sheds light on the potential significance placed by advancing genetic sciences in our healthcare ecosystem In addition, government-sponsored projects like the "Cancer Moonshot," with an extra USD 1.8 billion to help speed cancer research efforts, reflect a determined effort towards genomic progressions. Combined with the USD 20 billion+ HHS investment and separate private sector investments totaling over USD 15 billion for 2023, this regulatory significance underlines a unified analytical support to biotechnology. All these factors together stimulate the demand for nucleotides; thus, guaranteeing a leading place of North America on the world map of the Nucleotide market.
The key market players CJ CheilJedang Corp., Agilent Technologies Inc., Star Lake Bioscience Co., Inc., DSM Nutritional Products AG, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., MEIHUA HOLDINGS GROUP CO., LTD., Biorigin, Promega Corporation, Lallemand Inc., NuEra Nutraceuticals Inc. & others.
Agilent Technologies Inc. has partnered with Quest Diagnostics, a leading provider of diagnostic information services worldwide during January 2023. Through this partnership, ‘Agilent Resolution ctDx FIRST’ liquid biopsy will be offered in the U.S. to providers and patients with an extended 90-day access period.
OptiSol 1000 LAUNCHED by Glanvia Nutritional in February 2021 is a novel series of nucleotide-based ingredients. These ingredients are made to give plant-based meat alternatives that have a good texture and stability.
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Report Attributes |
Details |
|
Market Size in 2023 |
US$ 0.83 Billion |
|
Market Size by 2032 |
US$ 1.61 Billion |
|
CAGR |
CAGR of 8.01% From 2024 to 2032 |
|
Base Year |
2023 |
|
Forecast Period |
2024-2032 |
|
Historical Data |
2020-2022 |
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Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
•By Product (Deoxy Nucleotides, Dideoxynucleotides, Nucleotides for RNA Synthesis (rNTP) & Others) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
|
Company Profiles |
CJ CheilJedang Corp., Agilent Technologies Inc., Star Lake Bioscience Co., Inc., DSM Nutritional Products AG, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., MEIHUA HOLDINGS GROUP CO., LTD., Biorigin, Promega Corporation, Lallemand Inc., NuEra Nutraceuticals Inc. & others |
|
Key Drivers |
•The Continuous Advancements in Genomic Research and Personalized Medicine Are a Significant Driver for The Nucleotide Market. |
|
RESTRAINTS |
•The Higher Cost Associated with Advanced Nucleotide Technologies, Such as High-Throughput Sequencing and Gene-Editing Tools, Is A Significant Restraint. |
Ans: Nucleotide market is anticipated to expand by 8.01% from 2024 to 2032.
Ans: The nucleotide market is expected to grow to USD 1.61 million by 2032.
Ans: Nucleotide market size was valued at USD 0.83 billion in 2023.
Ans: Asia Pacific segment is expected to held the highest market share in 2023.
Ans: Increasing need for plant-derived nucleotides
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Nucleotide Market Segmentation, By Product
7.1 Introduction
7.2 Deoxy Nucleotides
7.3 Dideoxy nucleotides
7.4 Nucleotides for RNA Synthesis (rNTP)
7.5 Others
8. Nucleotide Market Segmentation, By Technology
8.1 Introduction
8.2 TaqMan Allelic Discrimination
8.3 Gene Chips & Microarrays
8.4 SNP By Pyrosequencing
8.5 Other
9. Nucleotide Market Segmentation, By Application
9.1 Introduction
9.2 Pharmaceuticals
9.3 Diagnostics Research
9.4 Food & Beverage Additive
9.5 Animal Feed Additive
9.6 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 Trend Analysis
10.2.2 North America Nucleotide Market by Country
10.2.3 North America Nucleotide Market By Product
10.2.4 North America Nucleotide Market By Technology
10.2.5 North America Nucleotide Market By Application
10.2.6 USA
10.2.6.1 USA Nucleotide Market By Product
10.2.6.2 USA Nucleotide Market By Technology
10.2.6.3 USA Nucleotide Market By Application
10.2.7 Canada
10.2.7.1 Canada Nucleotide Market By Product
10.2.7.2 Canada Nucleotide Market By Technology
10.2.7.3 Canada Nucleotide Market By Application
10.2.8 Mexico
10.2.8.1 Mexico Nucleotide Market By Product
10.2.8.2 Mexico Nucleotide Market By Technology
10.2.8.3 Mexico Nucleotide Market By Application
10.3 Europe
10.3.1 Trend Analysis
10.3.2 Eastern Europe
10.3.2.1 Eastern Europe Nucleotide Market by Country
10.3.2.2 Eastern Europe Nucleotide Market By Product
10.3.2.3 Eastern Europe Nucleotide Market By Technology
10.3.2.4 Eastern Europe Nucleotide Market By Application
10.3.2.5 Poland
10.3.2.5.1 Poland Nucleotide Market By Product
10.3.2.5.2 Poland Nucleotide Market By Technology
10.3.2.5.3 Poland Nucleotide Market By Application
10.3.2.6 Romania
10.3.2.6.1 Romania Nucleotide Market By Product
10.3.2.6.2 Romania Nucleotide Market By Technology
10.3.2.6.4 Romania Nucleotide Market By Application
10.3.2.7 Hungary
10.3.2.7.1 Hungary Nucleotide Market By Product
10.3.2.7.2 Hungary Nucleotide Market By Technology
10.3.2.7.3 Hungary Nucleotide Market By Application
10.3.2.8 Turkey
10.3.2.8.1 Turkey Nucleotide Market By Product
10.3.2.8.2 Turkey Nucleotide Market By Technology
10.3.2.8.3 Turkey Nucleotide Market By Application
10.3.2.9 Rest of Eastern Europe
10.3.2.9.1 Rest of Eastern Europe Nucleotide Market By Product
10.3.2.9.2 Rest of Eastern Europe Nucleotide Market By Technology
10.3.2.9.3 Rest of Eastern Europe Nucleotide Market By Application
10.3.3 Western Europe
10.3.3.1 Western Europe Nucleotide Market by Country
10.3.3.2 Western Europe Nucleotide Market By Product
10.3.3.3 Western Europe Nucleotide Market By Technology
10.3.3.4 Western Europe Nucleotide Market By Application
10.3.3.5 Germany
10.3.3.5.1 Germany Nucleotide Market By Product
10.3.3.5.2 Germany Nucleotide Market By Technology
10.3.3.5.3 Germany Nucleotide Market By Application
10.3.3.6 France
10.3.3.6.1 France Nucleotide Market By Product
10.3.3.6.2 France Nucleotide Market By Technology
10.3.3.6.3 France Nucleotide Market By Application
10.3.3.7 UK
10.3.3.7.1 UK Nucleotide Market By Product
10.3.3.7.2 UK Nucleotide Market By Technology
10.3.3.7.3 UK Nucleotide Market By Application
10.3.3.8 Italy
10.3.3.8.1 Italy Nucleotide Market By Product
10.3.3.8.2 Italy Nucleotide Market By Technology
10.3.3.8.3 Italy Nucleotide Market By Application
10.3.3.9 Spain
10.3.3.9.1 Spain Nucleotide Market By Product
10.3.3.9.2 Spain Nucleotide Market By Technology
10.3.3.9.3 Spain Nucleotide Market By Application
10.3.3.10 Netherlands
10.3.3.10.1 Netherlands Nucleotide Market By Product
10.3.3.10.2 Netherlands Nucleotide Market By Technology
10.3.3.10.3 Netherlands Nucleotide Market By Application
10.3.3.11 Switzerland
10.3.3.11.1 Switzerland Nucleotide Market By Product
10.3.3.11.2 Switzerland Nucleotide Market By Technology
10.3.3.11.3 Switzerland Nucleotide Market By Application
10.3.3.12 Austria
10.3.3.12.1 Austria Nucleotide Market By Product
10.3.3.12.2 Austria Nucleotide Market By Technology
10.3.3.12.3 Austria Nucleotide Market By Application
10.3.3.13 Rest of Western Europe
10.3.3.13.1 Rest of Western Europe Nucleotide Market By Product
10.3.3.13.2 Rest of Western Europe Nucleotide Market By Technology
10.3.3.13.3 Rest of Western Europe Nucleotide Market By Application
10.4 Asia-Pacific
10.4.1 Trend Analysis
10.4.2 Asia-Pacific Nucleotide Market by Country
10.4.3 Asia-Pacific Nucleotide Market By Product
10.4.4 Asia-Pacific Nucleotide Market By Technology
10.4.5 Asia-Pacific Nucleotide Market By Application
10.4.6 China
10.4.6.1 China Nucleotide Market By Product
10.4.6.2 China Nucleotide Market By Technology
10.4.6.3 China Nucleotide Market By Application
10.4.7 India
10.4.7.1 India Nucleotide Market By Product
10.4.7.2 India Nucleotide Market By Technology
10.4.7.3 India Nucleotide Market By Application
10.4.8 Japan
10.4.8.1 Japan Nucleotide Market By Product
10.4.8.2 Japan Nucleotide Market By Technology
10.4.8.3 Japan Nucleotide Market By Application
10.4.9 South Korea
10.4.9.1 South Korea Nucleotide Market By Product
10.4.9.2 South Korea Nucleotide Market By Technology
10.4.9.3 South Korea Nucleotide Market By Application
10.4.10 Vietnam
10.4.10.1 Vietnam Nucleotide Market By Product
10.4.10.2 Vietnam Nucleotide Market By Technology
10.4.10.3 Vietnam Nucleotide Market By Application
10.4.11 Singapore
10.4.11.1 Singapore Nucleotide Market By Product
10.4.11.2 Singapore Nucleotide Market By Technology
10.4.11.3 Singapore Nucleotide Market By Application
10.4.12 Australia
10.4.12.1 Australia Nucleotide Market By Product
10.4.12.2 Australia Nucleotide Market By Technology
10.4.12.3 Australia Nucleotide Market By Application
10.4.13 Rest of Asia-Pacific
10.4.13.1 Rest of Asia-Pacific Nucleotide Market By Product
10.4.13.2 Rest of Asia-Pacific Nucleotide Market By Technology
10.4.13.3 Rest of Asia-Pacific Nucleotide Market By Application
10.5 Middle East & Africa
10.5.1 Trend Analysis
10.5.2 Middle East
10.5.2.1 Middle East Nucleotide Market by Country
10.5.2.2 Middle East Nucleotide Market By Product
10.5.2.3 Middle East Nucleotide Market By Technology
10.5.2.4 Middle East Nucleotide Market By Application
10.5.2.5 UAE
10.5.2.5.1 UAE Nucleotide Market By Product
10.5.2.5.2 UAE Nucleotide Market By Technology
10.5.2.5.3 UAE Nucleotide Market By Application
10.5.2.6 Egypt
10.5.2.6.1 Egypt Nucleotide Market By Product
10.5.2.6.2 Egypt Nucleotide Market By Technology
10.5.2.6.3 Egypt Nucleotide Market By Application
10.5.2.7 Saudi Arabia
10.5.2.7.1 Saudi Arabia Nucleotide Market By Product
10.5.2.7.2 Saudi Arabia Nucleotide Market By Technology
10.5.2.7.3 Saudi Arabia Nucleotide Market By Application
10.5.2.8 Qatar
10.5.2.8.1 Qatar Nucleotide Market By Product
10.5.2.8.2 Qatar Nucleotide Market By Technology
10.5.2.8.3 Qatar Nucleotide Market By Application
10.5.2.9 Rest of Middle East
10.5.2.9.1 Rest of Middle East Nucleotide Market By Product
10.5.2.9.2 Rest of Middle East Nucleotide Market By Technology
10.5.2.9.3 Rest of Middle East Nucleotide Market By Application
10.5.3 Africa
10.5.3.1 Africa Nucleotide Market by Country
10.5.3.2 Africa Nucleotide Market By Product
10.5.3.3 Africa Nucleotide Market By Technology
10.5.3.4 Africa Nucleotide Market By Application
10.5.3.5 Nigeria
10.5.3.5.1 Nigeria Nucleotide Market By Product
10.5.3.5.2 Nigeria Nucleotide Market By Technology
10.5.3.5.3 Nigeria Nucleotide Market By Application
10.5.3.6 South Africa
10.5.3.6.1 South Africa Nucleotide Market By Product
10.5.3.6.2 South Africa Nucleotide Market By Technology
10.5.3.6.3 South Africa Nucleotide Market By Application
10.5.3.7 Rest of Africa
10.5.3.7.1 Rest of Africa Nucleotide Market By Product
10.5.3.7.2 Rest of Africa Nucleotide Market By Technology
10.5.3.7.3 Rest of Africa Nucleotide Market By Application
10.6 Latin America
10.6.1 Trend Analysis
10.6.2 Latin America Nucleotide Market by country
10.6.3 Latin America Nucleotide Market By Product
10.6.4 Latin America Nucleotide Market By Technology
10.6.5 Latin America Nucleotide Market By Application
10.6.6 Brazil
10.6.6.1 Brazil Nucleotide Market By Product
10.6.6.2 Brazil Nucleotide Market By Technology
10.6.6.3 Brazil Nucleotide Market By Application
10.6.7 Argentina
10.6.7.1 Argentina Nucleotide Market By Product
10.6.7.2 Argentina Nucleotide Market By Technology
10.6.7.3 Argentina Nucleotide Market By Application
10.6.8 Colombia
10.6.8.1 Colombia Nucleotide Market By Product
10.6.8.2 Colombia Nucleotide Market By Technology
10.6.8.3 Colombia Nucleotide Market By Application
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Nucleotide Market By Product
10.6.9.2 Rest of Latin America Nucleotide Market By Technology
10.6.9.3 Rest of Latin America Nucleotide Market By Application
11. Company Profiles
11.1 CJ CheilJedang Corp.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Technology s Offered
11.1.4 The SNS View
11.2 Agilent Technologies Inc.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Technology s Offered
11.2.4 The SNS View
11.3 Star Lake Bioscience Co., Inc.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Technology s Offered
11.3.4 The SNS View
11.4 DSM Nutritional Products AG
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Technology s Offered
11.4.4 The SNS View
11.5 Thermo Fisher Scientific Inc.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Technology s Offered
11.5.4 The SNS View
11.6 F. Hoffmann-La Roche Ltd.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Technology s Offered
11.6.4 The SNS View
11.7 MEIHUA HOLDINGS GROUP CO., LTD.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Technology s Offered
11.7.4 The SNS View
11.8 Biorigin
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Technology s Offered
11.8.4 The SNS View
11.9 Promega Corporation
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Technology s Offered
11.9.4 The SNS View
11.10 Lallemand Inc.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Technology s Offered
11.10.4 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. Use Case and Best Practices
14. Conclusion
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Key Segments
By Product
Deoxy Nucleotides
Dideoxy nucleotides
Nucleotides for RNA Synthesis (rNTP)
Others
By Technology
TaqMan Allelic Discrimination
Gene Chips & Microarrays
SNP By Pyrosequencing
Other
By Application
Pharmaceuticals
Diagnostics Research
Food & Beverage Additive
Animal Feed Additive
Others
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Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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