September 15, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The revenue of cysteine market is estimated to gain a value of US$ 222.7 Mn by the end of 2031, according to a research report by Transparency Market Research (TMR). This aside, the study highlights that the market is expected to develop at a CAGR of 5.6% during the forecast period, from 2021 to 2031.
Cysteine finds a wide application in different types of pharmaceutical preparations as an additive. Furthermore, it is being utilized in different health disorders including chronic bronchitis, angina, flu, diabetes, osteoarthritis, and inflammatory disease. Hence, this wide product application is propelling the cysteine market.
Antioxidants in human body assist in fighting free radicals, which are unsafe compounds that can damage the DNA and cell membranes. Due to rise in awareness on the role of antioxidants in human body, the popularity of N-acetyl-L-cysteine (NAC) supplements is being increasing in the recent years as they hold high antioxidant content. The future market outlook for cysteine is expected to be positively influenced due to sizable increase in the demand for NAC supplements, as they hold an ability to assist in slowing down the aging process and minimizing the health risks associated with cancer and heart diseases. Moreover, players in the cysteine market are focusing on strengthening their production capabilities in NAC supplements in order to cater to the rising product demand, note analysts at TMR.
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NAC supplements are known to helping in the prevention of ill effects occurring due to toxic chemicals and drug reactions. Moreover, the NAC supplements is prognosticated to be one of the key market segments in cysteine market owing to the ability of NAC supplements to help in the treatment of varied respiratory conditions including chronic obstructive pulmonary disease (COPD) and bronchitis, note analysts at TMR.
The cysteine market is expected to gain sizable business opportunities in Asia Pacific during the forecast period. The market growth in Asia Pacific is ascribed to rise in the demand for cysteine due to surge in the number of pharmaceutical companies in the region and increase in the regional population.
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Some of the key players profiled in the report are:
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