Market Size of Cysteine Industry
Study Period | 2019 - 2029 |
Market Volume (2024) | 11.10 kilotons |
Market Volume (2029) | 14.57 kilotons |
CAGR (2024 - 2029) | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Cysteine Market Analysis
The Cysteine Market size is estimated at 11.10 kilotons in 2024, and is expected to reach 14.57 kilotons by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
The cysteine market was hampered due to COVID-19. Lockdowns, restrictions, and economic uncertainties led to shifts in consumer behavior and affected various industries, influencing the demand for cysteine-derived products. However, the conditions started recovering in 2021, which is expected to restore the market's growth during the forecast period.
- The increasing demand from the bakery and pharmaceutical industry is likely to stimulate the cysteine market globally, during the forecast period.
- However, increasing concerns related to animal-sourced cysteine, and the harmful effects of cysteine on the human body are expected to hamper the cysteine market.
- The development of palladium reagents for cysteine S-arylation and the development of cysteine derivatives for the treatment of various conditions is expected to provide an opportunity for market growth in the upcoming period.
- Asia-Pacific, with the largest consumption from India, is expected to dominate the cysteine market.