Taurine Market Growth Analysis, Trends Forecast by Regions and Types to 2023
13th May 2019 – The Global Taurine Market is anticipated to rise at a staggering CAGR of 6.2% in the forecast period. Taurine is an amino acid comprising sulphur found in brain tissue and in some parts of tissue. Taurine may serve a neurotransmitter type function in the central nervous system. Commercially, it is an organic acid widely distributed in animal tissues and a major constituent of bile that is found in large intestines in human body. It biologically performs osmoregulation, conjugation of bile acids, and modulation of calcium signalling. It is essential for development of skeletal muscles and cardiovascular functions.
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The factors responsible for the market growth include rise in trend for consumption of energy drinks in the developed and developing countries along with rise in demand for cosmetics. Increase in health awareness and fitness is expected to drive the market growth during the forecast period. In addition, the production of protein supplements for sportsmen is likely to stimulate the market growth during the forecast period. Taurine market is categorized by vertical into cosmetics and food industry. Food industry receives a higher recognition due to increase in fitness enthusiasts and demand for body building supplements.
Key Applications
• Pharmaceuticals
• Food & Beverages
• Feed
Key Vendors
• Qianjiang Yongan Pharmaceutical
• Jiangsu Yuanyang Pharmaceutical
• Fuchi Pharmaceutical
• Shayang Tianyi Medicine Industry Co Ltd
• Tycoon Company Limited
• Hangzhou FST Pharmaceutical Co Ltd
• The Honjo Chemical Corporation
Key Questions Answered in this Report
• What will the market size be in 2023?
• What are the key factors driving the global Taurine market?
• What are the challenges to market growth?
• What are the market opportunities and threats faced by the key players?
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Table of Contents
Part 1. Summary
Part 2. Report Methodology
Part 3. Market Overview
Part 4. Competitive Landscape
Part 5. Segmentation by Application
Part 6. Regional Perspectives
Part 7. Company Profiles
Part 8. Market Forecast
Part 9. Industry Value Chain
Part 10. Market Drivers