Global Taurine Market By Type (Food Grade, Pharmaceutical Grade), By Source (Synthetic, Natural), By Application (Food, beverages, Animal Feed, Dietary Supplements, Cosmetics and Personal Care, Dietary Supplements, Agriculture, Pharmaceuticals), By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Sweden, Poland, Denmark, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, New Zealand, Vietnam, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Taurine Market
Taurine market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses that the market is expected to reach USD 380.77 Million by 2027 growing at a growth rate of 5.40% in the forecast period of 2020 to 2027. The taurine market is growing due to the increasing use of taurine as supplement and its life saving medical benefits.
Taurine is a family of amino acid which is used to build protein block in the body. It is very important for the growth of the infants and for the patient suffering from certain type of diseases. It is an organic acid which is mainly distributed in animal tissues and found in large intestines of the human body.
The increasing demand of the taurine for body building and fitness is expected to drive the taurine market growth in the forecast period 2020 to 2027. It helps to prevents from dehydration, maintain blood pressure and improve heart health, which is another factor that boosts the growth of the market. Increasing consumption of taurine supplements by the sports persons and athletes is driving the growth of the market. Rising demand from the pet food industry and energy drink industry is helping to augment the market growth. Rising awareness regarding healthy skin is also likely to fuel the market growth.
This market report provides details of new developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research taurine market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Taurine Market Scope and Market Size
Global taurine market is segmented on the basis of type, by source and by application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the global taurine market is segmented into food grade and pharmaceutical grade.
Based on source, the taurine market is segmented into synthetic and natural. Natural is further segmented into bovine and ovine animals, aquatic animals.
Based on the application, the taurine market is segmented into food, beverages, animal feed, dietary supplements, cosmetics and personal care, dietary supplements, agriculture and pharmaceuticals. Food segment is further divided into dairy products, infant formulas, bakery products, cereal products. Beverages segment is further segmented into energy drinks, caffeinated drinks, soft and carbonates drinks. Animal feed is further divided into aquaculture fed, poultry feed, cat food, dog food. Cosmetics and personal care is further segmented into skin care products, hair care products, toiletries.
Taurine Market Country Level Analysis
The taurine market is analysed and market size, volume information is provided by country by type, source and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Sweden, Poland, Denmark, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, New Zealand, Vietnam, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of the U.S. in taurine market due to rising health importance, increasing disposable income and presence of cosmetic industry while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027 due to the leading manufacturer and exporter of food and beverages.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while provided forecast analysis of the country data.
Competitive Landscape and Taurine Market Share Analysis
Taurine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to taurine market.
The major players covered in the report are Taisho Pharmaceutical Holdings Co.,LTD, Honjo Chemical, Jiangsu Yuanyang Pharmaceutical Co., Ltd., China Grand Pharmaceutical and Healthcare Holdings Limited., TER HELL & CO. GMBH, AWELL INGREDIENTS CO.,LTD., Falken Trade, Dr. Behr GmbH, Atlantic Chemicals Trading GmbH , A. B. Enterprises. , Advance Inorganics. , Aakriti Trading Company, Avanscure Lifesciences Pvt. Ltd. , Antares Chem Private Limited. and Chemit Laboratories among other players domestic and global. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa, and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Taurine Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.