Market Price of Phosphatidylserine

2024-06-04

  

According to QYResearch, the global phosphatidylserine market size was approximately USD 132 million in 2023, reflecting its widespread demand and applications in the market. The primary application of phosphatidylserine is in dietary supplements, accounting for about 58% of the market share. Additionally, the fastest-growing application is in the dairy industry, particularly in infant formula, indicating its significant role in the health food sector. As consumer health awareness increases, its application areas are continuously expanding.

QYResearch forecasts that the global phosphatidylserine market is expected to reach USD 185 million by 2030, with a compound annual growth rate (CAGR) of 5.1%. This indicates that the market will continue to experience steady growth in the coming years. With the aging population and increasing consumer focus on brain health and memory, the demand for phosphatidylserine, as a nutrient that improves neuronal function and enhances brain memory function, will continue to rise.

The rapid growth of the dairy industry, particularly the infant formula market, provides a broad application space for phosphatidylserine. As consumer demands for the quality of infant nutrition products increase, market demand will further expand.

With the continuous development of the functional food market, more and more nutrients and functional ingredients are being applied in the research and production of functional foods. Phosphatidylserine, as a nutrient with multiple health benefits, will play an important role in the functional food sector.

Major producers in the global phosphatidylserine market include Chemi Nutra, Lixing (Tianjin) Biotechnology Co., LTD, and IFF. These companies hold a significant market share and maintain their competitive edge through technological innovation and product quality improvement. As market demand continues to increase, more companies are entering the phosphatidylserine market, intensifying market competition.

The phosphatidylserine market is expected to maintain a stable growth trend in the coming years, driven by population aging, increased health awareness, the growth of the dairy industry, and the development and application of functional foods.