Nucleotides Market Growth Analysis, Industry Trends, Business Overview and Forecast 2032

The global Nucleotides Market was valued at USD 296.73 million in 2022 and is projected to reach USD 598.13 million by 2032, with an anticipated revenue compound annual growth rate (CAGR) of 8.1% over the forecast period. Nucleotides, organic compounds, play a pivotal role as the fundamental building blocks of nucleic acids, responsible for the storage and transmission of genetic information. Due to their advantageous properties, nucleotides find extensive applications in the food and pharmaceutical sectors. The growth in market revenue in the coming years is expected to be primarily propelled by the increasing demand for nucleotides in products such as infant formula and sports nutrition.

One of the key drivers behind the growth in nucleotides market revenue is the surging demand for infant formula and sports nutrition products. Nucleotides are acknowledged for their support in bolstering the immune system and promoting gastrointestinal health, making them highly significant in infant nutrition.

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Top Leading Players in The Global Nucleotides Market Are:

Geneaid Biotech Ltd., MCLAB, ProMega Corporation, PurMaBiologics, QIAGEN, Takara Bio, Inc., Thermo Fisher Scientific, TransGen Biotech Co., Ltd., PolyOrg, Inc., Zymo Research Corporation, Trilink Biotechnologies, Inc., Meridian Bioscience, LGC Biosearch Technologies, BOC Sciences, Ajinomoto Co., Inc., Merck KGaA, PerkinElmer, Inc., and Jena Bioscience GmbH. 

Nucleotides Market Upcoming Growth:

Nucleotides are organic molecules that serve as the building blocks of nucleic acids such as DNA and RNA. They are used in a variety of applications such as infant formula, functional food and beverages, pharmaceuticals, and animal feed.

The global nucleotides market is expected to grow due to the increasing demand for nucleotides in infant formula and functional food and beverages. Nucleotides are added to infant formula to mimic the nucleotide content of breast milk, which has been found to have beneficial effects on infant health.

In addition, nucleotides are added to functional food and beverages to enhance their nutritional value and provide health benefits such as improved immunity and gut health.

Some Key Highlights from the Report:

  • Based on technology, the TaqMan Allelic Discrimination segment was valued at USD 206.23 Million in 2021 and is expected to be valued at USD 325.37 Million by 2030, growing at a CAGR of 5.1% during the forecast period. Allelic discrimination assays are widely used in academic and research laboratories for genotyping frame shifts, point mutations, as well as small (six base pair length) insertions and deletions. TaqMan allelic discrimination assays use a TaqMan probe for detecting specific alleles in Deoxyribonucleic Acid (DNA) and Ribonucleic Acid (RNA) samples. The assay enables researchers to rapidly detect allelic variations observed in samples of patients with genetic disorders. Furthermore, rising prevalence of viral diseases is expected to further increase demand of this assay, thereby driving revenue growth of this segment during the forecast period.
  • Based on application, the molecular biology segment is projected to account for a significant revenue share over the forecast period. Diagnostics and treatment of human diseases have been facilitated by genomic technology developments. In genetics, introduction of molecular technology has led to development of novel approaches for diagnostic and predictive DNA analysis that are increasingly specific, quick, and trustworthy. In addition, production of nucleic acid analogues has become an important aspect of modern biology, due to potential application of these new biomarkers in genetic diagnosis and research. In the past decade, nucleic acids have been widely changed by substituting neutral or charged structures for phosphodiester linker or sugar-phosphodiester backbone. Several of these modified oligonucleotides exhibit enhanced Deoxyribonucleic Acid (DNA) and Ribonucleic Acid (RNA) affinity and binding characteristics. Locked Nucleic Acids (LNAs), also known as Bridging Nucleic Acids (BNAs) and Peptide Nucleic Acids (PNAs) are two prominent representations of this new form of oligomers.

Segments covered in the report:

Product Outlook (Revenue, USD Million, 2019 - 2030)

  • Laboratory Grade
    • Deoxynucleotide Triphosphates (dNTPs)
      • Deoxyadenosine Triphosphate (dATP)
      • Deoxycytidine Triphosphate (dCTP)
      • Deoxyguanosine Triphosphate (dGTP)
      • Thymidine Triphosphate (dTTP)
    • Nucleoside Triphosphates (NTPs)
      • Adenosine Triphosphate (ATP)
      • Tetrahydrogen Triphosphate (CTP)
      • Guanosine-5’-Triphosphate (GTP)
      • Uridine Triphosphate (UTP)
    • Modified Nucleotides
      • Fluorescently-labeled Nucleotides
      • Biotin-labeled Nucleotides
      • Linker-modified Nucleotides
      • Cap Analog and Variants
    • Industry Grade
    • Food Grade

Concentration Outlook (Revenue, USD Million, 2019 - 2030)

  • 2-5 mM
  • 5-10 mM
  • 10-25 mM
  • 25-100 mM

Technology Outlook (Revenue, USD Million, 2019 - 2030)

  • TaqMan Allelic Discrimination
  • Gene Chips & Microarrays
  • SNP by Pyrosequencing
  • Other Technologies

Application Outlook (Revenue, USD Million, 2019 - 2030)

  • Pharmaceutical Research
  • Diagnostic Application
  • Molecular Biology
    • PCR
      • Reverse Transcriptase
      • DNA Labeling
      • Other Molecular Biology
    • Food and Beverage Additive
    • Animal Feed Additive
    • Other Applications

End-User Outlook (Revenue, USD Million, 2019 - 2030)

  • Pharmaceutical and Biotechnology Companies
  • Diagnostic Labs
  • Academic and Research Institutes
  • Other End-users

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Regional Outlook:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Posted in Default Category on October 19 2023 at 05:03 PM

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