Mevalonic Acid Market Analysis by Size, Share, Trends, Forecast 2028

Summary

Report Description

Global Mevalonic Acid market is expected to grow impressively through 2028 due to the growing demand for isoprenoids in the pharmaceutical industry. In 2021, the pharmaceutical industry in China generated a total operating revenue of more than USD 45 billion.

Mevalonic acid is a molecule that plays a crucial role in the biosynthesis of isoprenoids, which are a diverse class of natural products that have a wide range of biological activities. Isoprenoids include important molecules such as sterols, carotenoids, and quinones, which are essential components of many biological processes, including cellular respiration, photosynthesis, and hormone synthesis. Mevalonic acid is a 6-carbon molecule with the chemical formula C6H12O4. It is synthesized in the cytoplasm of eukaryotic cells from acetyl-CoA through a series of enzymatic reactions catalyzed by the enzyme HMG-CoA reductase. This process is the first committed step in the biosynthesis of isoprenoids, which are then further modified to produce a wide variety of compounds with diverse functions. Mevalonic acid is a key intermediate in the biosynthesis of cholesterol, which is an essential component of cell membranes and a precursor for the synthesis of many hormones. Inhibition of HMG-CoA reductase, the enzyme that catalyzes the synthesis of mevalonic acid, is a common strategy for the treatment of hypercholesterolemia and other related disorders.

Mevalonic acid is also a precursor for the synthesis of coenzyme Q10, which is a vital component of the electron transport chain in mitochondria, the organelles responsible for producing energy in eukaryotic cells. Coenzyme Q10 is also a potent antioxidant and has been shown to have a wide range of beneficial effects on human health. In addition to its role in the biosynthesis of cholesterol and coenzyme Q10, mevalonic acid is also a precursor for the synthesis of a variety of other isoprenoids, including isopentenyl pyrophosphate (IPP) and dimethylallyl pyrophosphate (DMAPP). These molecules are essential building blocks for the synthesis of a wide variety of natural products, including carotenoids, chlorophyll, and vitamin E.

Mevalonic acid is also used in the cosmetic industry to produce compounds such as squalene, which is widely used in skin care products due to its moisturizing properties. The demand for squalene is expected to grow in the coming years due to increasing consumer awareness about the benefits of natural and organic ingredients in cosmetic products.

Global Mevalonic acid market is expected to grow in the coming years due to increasing demand for isoprenoids in various industries, particularly in the pharmaceutical and cosmetic industries. The Asia-Pacific region is expected to be the fastest-growing market for mevalonic acid due to the presence of a large number of manufacturers in the region. The key players in the market are primarily focused on expanding their production capacity to meet the growing demand for mevalonic acid in various industries.

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Increasing Demand for Isoprenoids and Growing Cosmetic Industry are Driving Market Growth8

Mevalonic acid is primarily used as a precursor for the synthesis of a variety of isoprenoids, which are widely used in the pharmaceutical industry to treat a variety of diseases, such as cardiovascular diseases, cancer, and neurodegenerative diseases, among others. The demand for isoprenoids in the pharmaceutical industry is expected to increase in the coming years due to the growing prevalence of these diseases and the increasing focus on research and development in the pharmaceutical industry.

Rising Demand from Emerging Economies is Driving Market Growth

Emerging economies such as China and India are expected to be significant markets for mevalonic acid due to the growing demand for isoprenoids in various industries in these countries. The increasing focus on research and development in the pharmaceutical industry and the growing demand for natural and organic ingredients in cosmetic products are expected to drive the demand for mevalonic acid in these countries.

Mevalonic acid is used as a precursor for the synthesis of carotenoids, which are widely used in the food industry as food colorants and antioxidants. The expansion of the food industry, particularly in emerging economies, is expected to drive the demand for carotenoids, which in turn is expected to increase the demand for mevalonic acid in the coming years.

Major Challenges faced by Mevalonic Acid Market

Mevalonic acid is primarily produced through fermentation, which requires significant investment in infrastructure and equipment. The high production costs associated with mevalonic acid production can affect the overall profitability of the industry. In addition, the cost of raw materials, such as glucose and yeast extract, can also affect the production cost of mevalonic acid.

The yield of mevalonic acid production through fermentation is relatively low, which can affect the overall production efficiency of the industry. Low yield can result in high production costs and reduced profitability. As a result, the industry is focused on developing new and improved strains of microorganisms that can produce mevalonic acid more efficiently.

Mevalonic acid industry is subject to various regulations related to the use of the compound in different industries, such as the pharmaceutical and cosmetic industries. Compliance with these regulations can be challenging and can result in additional costs for the industry. In addition, changes in regulations can affect the demand for mevalonic acid in different industries, making it challenging for companies to plan their production accordingly.

Although mevalonic acid is used as a precursor for the synthesis of isoprenoids, its applications are limited to specific industries such as the pharmaceutical and cosmetic industries. As a result, the demand for mevalonic acid is concentrated in a few industries, which can affect the overall growth of the market.

Recent Trends and Developments

Mevalonic acid is a key intermediate in the biosynthesis of isoprenoids, which are important for the production of cholesterol, hormones, and other essential compounds in the human body. In the last three years, there has been an increased demand for mevalonic acid in the pharmaceutical industry, where it is used as a starting material for the synthesis of drugs such as statins and bisphosphonates. The demand for these drugs is expected to continue to grow in the coming years, which is expected to drive the growth of the mevalonic acid market.
Mevalonic acid industry has been focusing on developing new and improved strains of microorganisms that can produce mevalonic acid more efficiently and cost-effectively. In the last three years, there have been several advancements in mevalonic acid production technology, including the use of metabolic engineering to improve the yield of mevalonic acid production. These advancements have led to the development of new and improved strains of microorganisms that can produce mevalonic acid more efficiently and cost-effectively.
There has been a growing demand for natural and sustainable products in the last few years, which has opened up new opportunities for the global mevalonic acid market. Mevalonic acid can be produced through fermentation using sugar and corn starch, making it a sustainable alternative to synthetic alternatives. As a result, the demand for mevalonic acid in industries such as the cosmetic and food industries is expected to continue growing.
Several investors have been investing in the mevalonic acid market in the last three years, which is expected to drive the growth of the industry. For instance, in 2021, Evonik Industries announced that it had invested in a biotechnology company called In Ovo, which is focused on developing new strains of microorganisms for the production of mevalonic acid. This investment is expected to enable Evonik to expand its mevalonic acid production capacity and meet the growing demand for the compound.

Market Segmentation

Global Mevalonic Acid Market is segmented based on application, region and competitive landscape. Based on the Application, the market is categorized into Pharmaceutical & Biotechnology Industry, Cosmetic Industry, Terpene Production, Others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Market Players

Sigma-Aldrich Chemicals Private Limited, Tlc Pharmaceutical Standards Ltd, Carbosynth Ltd., Tocris Bioscience, TCI Chemicals, Cayman Chemical Company, Santa Cruz Biotechnology, Inc., Adooq Bioscience are some of the key players in the Global Mevalonic Acid Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Application
Regional scope	North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country scope	United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE
Key companies profiled	Sigma-Aldrich Chemicals Private Limited, Tlc Pharmaceutical Standards Ltd, Carbosynth Ltd., Tocris Bioscience, TCI Chemicals, Cayman Chemical Company, Santa Cruz Biotechnology, Inc., Adooq Bioscience
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Mevalonic Acid market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Mevalonic Acid Market, By Application:

Pharmaceutical & Biotechnology Industry
Cosmetic Industry
Terpene Production
Others

Mevalonic Acid Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Spain
Italy

Asia-Pacific

China
India
South Korea
Japan
Australia

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in Global Mevalonic Acid market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Mevalonic Acid Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Mevalonic Acid Market

5. Impact of Russia-Ukraine War Crisis on Global Mevalonic Acid Market

6. Voice of Customer

7. Global Mevalonic Acid Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Application (Pharmaceutical & Biotechnology Industry, Cosmetic Industry, Terpene Production, Others)

7.2.2. By Region

7.2.3. By Company (2022)

7.3. Product Market Map

8. North America Mevalonic Acid Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Application

8.2.2. By Country

8.3. North America: Country Analysis

8.3.1. United States Mevalonic Acid Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value & Volume

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Application

8.3.2. Mexico Mevalonic Acid Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value & Volume

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Application

8.3.3. Canada Mevalonic Acid Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value & Volume

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Application

9. Europe Mevalonic Acid Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Application

9.2.2. By Country

9.3. Europe: Country Analysis

9.3.1. France Mevalonic Acid Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value & Volume

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Application

9.3.2. Germany Mevalonic Acid Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value & Volume

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Application

9.3.3. United Kingdom Mevalonic Acid Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value & Volume

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Application

9.3.4. Italy Mevalonic Acid Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value & Volume

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Application

9.3.5. Spain Mevalonic Acid Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value & Volume

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Application

10. Asia-Pacific Mevalonic Acid Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Application

10.2.2. By Country

10.3. Asia-Pacific: Country Analysis

10.3.1. China Mevalonic Acid Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value & Volume

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Application

10.3.2. India Mevalonic Acid Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value & Volume

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Application

10.3.3. South Korea Mevalonic Acid Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Application

10.3.4. Japan Mevalonic Acid Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value & Volume

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Application

10.3.5. Australia Mevalonic Acid Market Outlook

10.3.5.1. Market Size & Forecast

10.3.5.1.1. By Value & Volume

10.3.5.2. Market Share & Forecast

10.3.5.2.1. By Application

11. South America Mevalonic Acid Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Application

11.2.2. By Country

11.3. South America: Country Analysis

11.3.1. Brazil Mevalonic Acid Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value & Volume

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Application

11.3.2. Argentina Mevalonic Acid Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value & Volume

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Application

11.3.3. Colombia Mevalonic Acid Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value & Volume

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Application

12. Middle East and Africa Mevalonic Acid Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value & Volume

12.2. Market Share & Forecast

12.2.1. By Application

12.2.2. By Country

12.3. MEA: Country Analysis

12.3.1. South Africa Mevalonic Acid Market Outlook

12.3.1.1. Market Size & Forecast

12.3.1.1.1. By Value & Volume

12.3.1.2. Market Share & Forecast

12.3.1.2.1. By Application

12.3.2. Saudi Arabia Mevalonic Acid Market Outlook

12.3.2.1. Market Size & Forecast

12.3.2.1.1. By Value & Volume

12.3.2.2. Market Share & Forecast

12.3.2.2.1. By Application

12.3.3. UAE Mevalonic Acid Market Outlook

12.3.3.1. Market Size & Forecast

12.3.3.1.1. By Value & Volume

12.3.3.2. Market Share & Forecast

12.3.3.2.1. By Application

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends & Developments

14.1. Product Launches

14.2. Mergers & Acquisitions

14.3. Technological Developments

15. Competitive Landscape

15.1. Business Overview

15.2. Financial Analysis (In case of listed companies)

15.3. Key Product Offerings

15.4. Recent Developments

15.5. Key Personnel/Contact Person Details

15.6. SWOT Analysis

15.6.1. Sigma-Aldrich Chemicals Private Limited

15.6.2. Tlc Pharmaceutical Standards Ltd

15.6.3. Carbosynth Ltd.

15.6.4. Tocris Bioscience

15.6.5. TCI Chemicals

15.6.6. Cayman Chemical Company

15.6.7. Santa Cruz Biotechnology, Inc.

15.6.8. Adooq Bioscience

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the key factors driving Global Mevalonic Acid Market?

Increasing demand for isoprenoids is primarily driving the Global Mevalonic Acid market.

Who are the top players operating in Global Mevalonic Acid Market?

Sigma-Aldrich Chemicals Private Limited, Tlc Pharmaceutical Standards Ltd, Carbosynth Ltd., Tocris Bioscience, TCI Chemicals, Cayman Chemical Company, Santa Cruz Biotechnology, Inc., Adooq Bioscience, are some of the key players of Global Mevalonic Acid Market.

Which region is expected to be the fastest growing in the Global Mevalonic Acid Market?

Asia-Pacific is expected to be the fastest growing market over the next five years due to the booming pharmaceutical industry in the region.

Which application is expected to remain dominant in the Global Mevalonic Acid Market in the upcoming years?

Pharmaceutical & Biotechnology Industry segment is expected to remain dominant in the Global Mevalonic Acid Market in the coming years.

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Press Release

Mevalonic Acid Market to be Dominated by Pharmaceuticals and Biotechnology Industry Segment Through 2028

Jul, 2023

Global Mevalonic Acid Market is growing owing to the increasing demand from the pharmaceutical industry.

Mevalonic Acid Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Application (Pharmaceutical & Biotechnology Industry, Cosmetic Industry, Terpene Production, Others), By Region and Competition 2018-2028

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