The Global Tryptophan Market Report is a compilation of comprehensive research studies of various aspects of the Tryptophan Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Tryptophan market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Tryptophan market and how they will evolve in the years to come.
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In terms of revenue, the global tryptophan market is growing at a CAGR of 15.72% over the forecast period (2022 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.. ADM Animal Nutrition, Ajinomoto Group’s, AMINO GmbH, CJ CheilJedang Corp., Daesang Corporation, Evonik Industries AG, Fengchen Group Co.Ltd, Glanbia plc, KYOWA HAKKO BIO CO.LTD., Merck KGaA, Swanson, Tokyo Chemical Industry Co. Ltd., Other Market Participants
Tryptophan is one of the eight essential amino acids required for the formation of vitamin niacin. Tryptophan is required for the production of a number of important substances in the body, including the neurotransmitter serotonin. Tryptophan cannot be produced by the human body and must therefore be obtained through diet, primarily from animal or plant-based protein sources. Tryptophan aids in the production of serotonin, a mood stabilizer, melatonin, which aids in the regulation of sleep patterns, niacin, also known as vitamin B-3, and nicotinamide, also known as vitamin B-3.Growing geriatric populations, as well as increased use of tryptophan in feed additives and food supplements, will drive tryptophanmarket growth over the forecast period.
Furthermore, consumers are becoming more concerned about their health, which has resulted in a healthy eating trend in developed economies. To meet this demand, manufacturers of functional foods have incorporated the use of tryptophan, which is driving market growth. However, tryptophan can cause some side effects such as heartburn, stomach pain, nausea, vomiting, belching and gas, diarrhea, and loss of appetite, which may hamper market growth.The market’s leading players contribute to its growth by providing market-related products. KYOWA HAKKO BIO CO., LTD., for example, is a manufacturer and distributor of amino acids and nucleic acids for pharmaceutical and industrial use. L-Tryptophan was created by the company and is widely used as an ingredient in infusions.
COVID-19 was declared a pandemic by the World Health Organization on March 11th, and it has caused millions of cases and a quarter million deaths since then. COVID-19 infection has been related to a variety of clinically significant respiratory, enteric, hepatic, neurological, and neuropsychiatric complications. To combat COVID-19 infection, tryptophan and its metabolites, including melatonin, are used to boost the immune system and are driving the growth of tryptophanmarket in pandemic. With the recovery of covid-19 diseases, prominent players are focusing on the production of immune-boosting dietary supplements. Furthermore, the increased promise of innovation in the feed and supplement industry will provide new opportunities for tryptophan market participants to grow in the near future.
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Global Tryptophan Market:
- By Type
- L-tryptophan
- D-tryptophan
- By Grade
- Food Grade
- Feed Grade
- By Form
- Natural
- Synthetic
- By Application
- Animal Nutrition
- Cosmetic and Personal Care
- Pharmaceutical Industry
- Food and Beverage
- Dietary Supplement
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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