QYR Market Research Global L-Serine Market Research | Page 4

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L-Serine, a white crystalline solid or powder, is usually used as APIs during the
medicine synthesis. Also, it can be used in other industries, such as food industry,
cosmetics industry and so on. Among those applications, demand from pharm industry
accounted for the largest consumption proportion with about 45% share.
In the past few years, limited by technology issues, the production of L-serine was
mainly dominated by the companies from Europe, USA and Japan. Actually, although
some new companies from developing countries, such as China, have entered into the
industry, they have to face the technology obstacles, such as the yield rate as well as
product performance issues. Leading companies, such as Ajinomoto and Evonik, have
large market share of L-serine and highest reputation on their L-serine.