The report includes key segment analysis of the global taurine market based on product type, application, and region. The report contains market research on different factors, such as market size, market share, industry competition and growth, and other quantitative information.
New York, United States – June 19, 2020 /MarketersMedia/ —
Taurine is a special amino acid, widely distributed in animal tissues, exists in a free state in the body, and does not participate in the biosynthesis of protein in the body. Taurine chemically reacts with glycine and γ-aminobutyric acid and acts as a neuro depressant transmitter for tissues and blood.
Taurine has multiple physiological functions and is an essential nutrient for human health. It is synthesized by the body itself or obtained through diet. Generally, adults can synthesize themselves, but infants and young children do not have the function of synthesizing taurine themselves, so they must rely entirely on food. Taurine has been included in food fortification in many countries around the world, such as the United States, China, and Japan. These factors have greatly promoted the development of the taurine market.
The production of taurine will bring pollution. The main producing country China has raised the environmental protection requirements of the taurine industry. In order to meet the national environmental protection requirements, major manufacturers have also increased investment in environmental protection facilities in recent years. With the increase in environmental protection investment, production costs will further increase.
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The Major Players Profiled in This Report Include:
Taisho Pharmaceutical (JP)
Honjo Chemical (JP)
Yongan Pharmaceutical (CN)
Yuanyang Pharmaceutical (CN)
Grand Pharma (CN)
Fangming Pharmaceutical (CN)
Jiangyin Huachang (CN)
The taurine market is highly concentrated, and most of the production capacity is concentrated in Yongan Pharmaceutical. Yongan Pharmaceutical has devoted to building a complete taurine industry integration. The upstream uses ethylene oxide as the raw material to develop its related downstream products. The midstream is constantly developing the categories of taurine products, such as spherical particle taurine. The downstream development of taurine-based other functional drinks, foods, health foods, and pharmaceutical preparation products, such as taurine effervescent tablets, buccal tablets, etc., gradually promoted Yongan Pharmaceutical to enter the new pharmaceutical preparation market.
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share, and growth rate of each type, primarily split into:
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Health Care Products
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Consumers’ increasing emphasis on health has driven the development of sports and the health industry. People are increasingly paying attention to the functionality of beverages, leading to the rapid growth of the global energy drink market. Taurine is the main raw material for energy drinks. The application rate of taurine in the beverage field will usher in growth. Adding taurine to animal feed can enhance animal immunity and improve other physiological functions. With the global restrictions on the addition of antibiotics in feed, taurine gradually replaces antibiotics and is widely used in aquaculture and animal feed. It is expected to be in the field of feed the market demand for taurine will further increase.
Taurine is currently in the international market except for a small amount of production in Japan. The main manufacturers are all in China. Owing to the lower labor cost and environmental pollution in taurine production, developed countries gradually abandon production and import from China. This fuel the rapid development of the taurine industry in China. Although taurine manufacturers are mainly in the Asia-Pacific region, North America and Europe have a deeper understanding of the health benefits of taurine nutritional products and occupy a major market share. In addition, many relevant policies and measures in the European and American regions, such as legislation prohibiting the addition of antibiotics in animal and poultry feed, making taurine one of the national legal food additives, adding taurine to infant milk powder and other infant foods, drive the demand for taurine in North America and Europe.
Taurine Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Taurine Market by Types
Chapter 4 Segmentation of Taurine Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Taurine Market in Major Countries
Chapter 7 North America Taurine Landscape Analysis
Chapter 8 Europe Taurine Landscape Analysis
Chapter 9 Asia Pacific Taurine Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Taurine Landscape Analysis
Chapter 11 Major Players Profile
11.1 Taisho Pharmaceutical (JP)
11.1.1 Taisho Pharmaceutical (JP) Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Honjo Chemical (JP)
11.2.1 Honjo Chemical (JP) Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Yongan Pharmaceutical (CN)
11.3.1 Yongan Pharmaceutical (CN) Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Taurine Report Provide:
Potential opportunities and challenges analysis in the Taurine market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Taurine market and related industry.
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