Global Nucleotides Market Size, Share, and COVID-19 Impact Analysis, By Nitrogenous Base (Purine and Pyrimidine), By Application (Diagnostics Research, Pharmaceuticals, and Others), By Technology (TaqMan Allelic Discrimination and SNP By Pyrosequencing), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Healthcare

RELEASE DATE Jun 2024
REPORT ID SI4419
PAGES 200
REPORT FORMAT PathSoft

Global Nucleotides Market Insights Forecasts to 2033

  • The Global Nucleotides Market Size was Valued at USD 731.46 Million in 2023
  • The Market Size is Growing at a CAGR of 7.53% from 2023 to 2033
  • The Worldwide Nucleotides Market Size is Expected to Reach USD 1512.46 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Nucleotides Market

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The Global Nucleotides Market Size is Anticipated to Exceed USD 1512.46 Million by 2033, Growing at a CAGR of 7.53% from 2023 to 2033.

 

Market Overview

Nucleotides are low-molecular-weight intracellular substances that are critical for different biochemical processes. They play an important role in the mucosa’s fast-proliferating lymphoid and epithelial cells, which synthesize nucleic acid. The base, such as purine and pyrimidine, that composes the nucleotides may be generated inside the cells from precursors like glutamine, aspartic acid, glycine, formate, and carbon dioxide. Several nucleotides in the diet come from milk, which also helps with immunological functions such as digestion and absorption of other micronutrients. Furthermore, it is known that human milk carries a notable number of nucleotides; attempts have been made to involve nucleotides in human infant formula. Therapeutics consist of a nucleotide structure that is broad, encompassing nucleotide analogues, oligonucleotides, and nucleic-based treatments. Nucleotide and nucleoside-based drugs have gone through considerable exploration, leading to the approval of clinical candidates for different applications, like antiviral, anticancer, antibacterial, and antirheumatic treatments, thus significantly propelling the growth of the market. Nucleotides are organic molecules that work as the basic building blocks of nucleic acids, such as DNA (deoxyribonucleic acid) and RNA (ribonucleic acid). These molecules play an important role in various biological procedures, including cellular energy transfer, enzymatic reactions, and genetic information transfer. Additionally, nucleotides are used in genetic research, drug development, diagnostics, and molecular biology applications. The fast-growing usage of nucleotides in diagnostic research for determining and testing diseases involving the presence of different viral infections or specific forms of cancer is predicted to fuel demand over the forecast period. Additionally, approving government policies globally is anticipated to propel demand over the next few years.

 

Report Coverage

This research report categorizes the market for the global nucleotides market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global nucleotides market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global nucleotides market.

 

Global Nucleotides Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 731.46 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :7.53%
2033 Value Projection:USD 1512.46 Million
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Nitrogenous Base, By Application, By Technology, By Region and COVID-19 Impact Analysis.
Companies covered::Agilent Technologies, Bio-Rad Laboratories, Creative BioMart, Lonza Group, Thermo Fisher Scientific, Sigma-Aldrich, Enzo Biochem, BioVision, Life Technologies, Takara Bio, New England BioLabs, Roche, Bioss, SERVA Electrophoresis, IDT and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The pharmaceutical companies have recently experienced massive growth due to rising costs of new pharma plant construction or enlargement and new drug discoveries. The rapid growth and proliferation of cells found in the immune system and digestive system are remarkably accelerated by nucleotide supplementation. Exogenous nucleotides also exhibit potential as nutritional supplements to build up the immune system and disease resistance. Therefore, the pharmaceutical company's need for nucleotides has been growing simultaneously. Additionally, increasing consumer awareness regarding health and wellness is driving the growth of functional foods and beverages. The addition of nucleotides in these products is in part due to their rising identification for any potential health benefits they may provide, involving improved immune function and gastrointestinal health.

 

Restraining Factors

Nucleotides can be expensive to produce because of the complex synthesis process required, which restrains their suitability for some uses and regions. Nucleotides are frequently used in aquaculture as compared to mammalian and human diets. An important barrier to nucleotide utilization in aquafeed has been a lack of knowledge regarding their benefits. In addition, overusing nucleotides is likely to pose a risk. Food safety problems have arisen since there is a lack of knowledge on how many nucleotides should be placed in the feed. Thus, these factors restrain the growth of the market during the predicted timeframe.

 

Market Segmentation

The Global Nucleotides Market share is classified into nitrogenous base, application, and technology.

 

  • The purine segment is anticipated to hold the largest share of the global nucleotides market during the forecast period.   

On the basis of the nitrogenous base, the global nucleotide market is divided into purine and pyrimidine. Among these, the purine segment is anticipated to hold the largest share of the global nucleotide market during the forecast period. Purine derivatives are frequently used in medicinal and pharmacological applications. Purine-based drugs, for example, can be used to treat viral infections, certain tumors, gout, and multiple sclerosis. Purines are also frequently used in genetic engineering, biotechnology, and molecular biology research. They function as building blocks for the synthesis of DNA in a number of applications, such as DNA sequencing and PCR (polymerase chain reaction). Therefore, a larger market share for the purine category may result from the growing need for nucleotides in the pharmaceutical industry and in research applications.

 

  • The diagnostics research segment is anticipated to hold the largest share of the global nucleotides market during the forecast period.   

On the basis of the application, the global nucleotides market is divided into diagnostic research, pharmaceuticals, and others. Among these, the diagnostics research segment is anticipated to hold the largest share of the global nucleotide market during the forecast period. Nucleotides are essential for several molecular diagnostic methods, allowing accurate genetic material detection, analysis, and interpretation in a variety of diagnostic situations. Furthermore, continued developments in nucleotide-based technologies continue to drive their application in the field of diagnostics research. Therefore, it is projected that the market for nucleotides used in diagnostic applications will rise significantly due to the growing requirement for sensitive and precise diagnoses. The rapid growth in the use of products in diagnostic research, which aims to detect and evaluate diseases like various viral infections or particular cancers, is anticipated to serve as a driver for demand growth in the years to come.

 

  • The TaqMan allelic discrimination segment is anticipated to grow at the fastest rate in the global nucleotides market during the forecast period.   

On the basis of the technology, the global nucleotides market is divided into TaqMan allelic discrimination and SNP by pyrosequencing. Among these, the TaqMan allelic discrimination segment is anticipated to grow at the fastest rate in the global nucleotides market during the forecast period. TaqMan allelic discrimination assays is a real-time PCR-based method known for their high accuracy and sensitivity. Nucleotides are a component of the PCR reaction mix in this technology. These nucleotides are incorporated into the growing DNA chain by a DNA polymerase during the extension step. TaqMan allelic discrimination is flexible and can be used in a variety of areas of research, such as pharmacogenomics, infectious disease studies, and human genetics. Its broad applicability across different fields contributes to its widespread adoption.

 

Regional Segment Analysis of the Global Nucleotides Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the Global Nucleotides Market over the predicted timeframe.

 

Global Nucleotides Market

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North America is anticipated to hold the largest share of the global nucleotide market over the predicted timeframe. Since consumers in the region are becoming more interested in nutrient-dense food products, it is projected that the region will lead the market during the time frame of the projection. Additionally, throughout the course of the forecast period, rising awareness of health safety combined with an increase in self-medication is projected to drive product demand. A few of the top pharmaceutical and biotechnology businesses in the world are located in North America, specifically in the United States. Because of the region's strong infrastructure for research and development, nucleotides are in high demand for a variety of applications, including genetic research, medication development, and diagnostics. Furthermore, the area has developed healthcare systems and frequently implements cutting-edge diagnostic technologies. Therefore, the greater market share for nucleotides is a result of their approval in molecular diagnostics and the region's level of innovative healthcare solutions.

 

Asia Pacific is anticipated to grow at the fastest rate in the global nucleotide market over the predicted timeframe. The leading manufacturer of nucleotides in the region, the growing interest in nutraceuticals, and the development of the health food sector are all expected to drive up demand for the product. Nucleosides' market is expected to grow all over the forecast period due to increased research into food and beverage chemicals, particularly in Asia Pacific. China has the world's second-largest pharmaceutical market. However, the demand for nucleotides is rising significantly due to India's expanding pharmaceutical industry. The pharmaceutical industry has experienced growth in demand due to many factors, such as the aging population, developing drug regulations, expanding demand for chemical intermediates, medical initiatives, and higher investment inflows. The market for nucleotides in pharmaceutical manufacture is expected to be driven during the projected period by the rise of new illnesses and the growing demand for medicines from an aging population.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global nucleotides market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Agilent Technologies
  • Bio-Rad Laboratories
  • Creative BioMart
  • Lonza Group
  • Thermo Fisher Scientific
  • Sigma-Aldrich
  • Enzo Biochem
  • BioVision
  • Life Technologies
  • Takara Bio
  • New England BioLabs
  • Roche
  • Bioss
  • SERVA Electrophoresis
  • IDT
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In July 2023, in order to develop a nucleotide manufacturing plant in China for use in food and pharmaceutical applications, Kyowa Hakko Bio recently introduced a new partnership with WuXi AppTec.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global nucleotides market based on the below-mentioned segments: 

 

Global Nucleotides Market, By Nitrogenous Base

  • Purine
  • Pyrimidine

 

Global Nucleotides Market, By Application

  • Diagnostics Research
  • Pharmaceuticals
  • Others

 

Global Nucleotides Market, By Technology

  • TaqMan Allelic Discrimination
  • SNP By Pyrosequencing

 

Global Nucleotides Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which application segment has the largest share in the market?
    The diagnostics research segment is anticipated to hold the largest share of the global nucleotides market during the forecast period.
  • 2. Which region has the fastest growth in the market?
    Asia Pacific is anticipated to grow at the fastest rate in the Global Nucleotides Market over the predicted timeframe.
  • 3. What are the driving factors of the global nucleotides market?
    The pharmaceutical companies are recently adept massive growth due to rising costs on new pharma plant construction or enlargement and new drug discoveries. Additionally, increasing consumer awareness regarding health and wellness, thus driving the growth of functional food and beverages. These are the driving factors of the global nucleotide market.

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