Transparency Market Research
Single User License: DL-Tryptophan Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
USD 4315.5
Flat 10% Discount!!
Report will be delivered with in 15-20 working days
Free Customization as per your requirement You will get Custom Report at Syndicated Report price
Request Sample
Buy Now
REPORT DESCRIPTION
Global DL-Tryptophan Market: Overview
Tryptophan, a dietary supplement, is an amino acid segregated into the L-tryptophan, D-tryptophan, and DLtryptophan varieties. While the L-tryptophan can only be absorbed by humans and animals, DL-tryptophan is an amino acid predecessor of melatonin and serotonin. It occurs as a white to yellowish-white crystalline powder or crystals and exhibits a mildly sweet taste and a faint to non-existent odor. The global surge in the production of livestock due to increasing consumption of meat is expected to drive the market for amino acids and therefore, DLtryptophan, over the forecast period.
Browse Market Research Report: http://www.transparencymarketresearch.com/dl-tryptophanmarket.html
DL-tryptophan finds application in the chemical, food & dietary supplements, animal feed, and pharmaceuticals industry, of which the feed sector was globally dominant in 2015. Tryptophan, methionine, threonine, and lysine are widely used in animal feed additives, which offer health benefits with respect to weight gain and high metabolism. Growing consumption of meat in Asia Pacific and Latin America and the introduction of innovative animal-based and plant-based acids are predicted to provide tremendous opportunities to market players. Food & dietary supplements are also major applications of DL-tryptophan, estimated to witness significant growth due to the constantly changing food habits of consumers. The product’s pharmaceutical applications are also increasing at a significant rate owing to its usage as a buffering agent in analgesics, antiperspirants, and antacids. Thus, demand for it in the
pharmaceuticals industry is rising along with the consumers’ standards of living and purchasing power. However, escalating prices of raw materials such as soybean, wheat, and corn are projected to impact the market profitability and act as a restraint during the forecast period. Expansion of marginal sources of proteins for animals is a major challenge faced by the DL-tryptophan market. Manufacturers are currently focusing on innovative techniques in order to increase their production capacity and cut costs.
Asia Pacific is a key consumer of DL-tryptophan. China is a major producer and exporter of livestock for the domestic industry due to the presence of numerous small-scale players in this country. Growing livestock production mainly in China, India, and parts of South East Asia is likely to propel the market in this region. Latin America is estimated to witness significant growth during the forecast period. The growing demand for and consumption of meat as well as health awareness in Brazil are projected to motivate the market in Latin America. DL-tryptophan is supplied all across the U.S., Canada, and the U.K. as an anxiolytic and antidepressant. It is also promoted as a prescription drug in a few countries in Europe under several trade names.
Get accurate market forecast and analysis on the DL-Tryptophan market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=22256
Growing demand for dietary supplements has led to improved health standards. The rising geriatric population particularly in the emerging markets of Asia Pacific and Latin America is also estimated to propel the market. Europe is anticipated to display a moderate pace of growth due to the increasing demand for dietary and food supplements in the region. The market in North America is likely to expand at a steady rate over the forecast period owing to
rising incidences of cardiovascular diseases and obesity boosting the need for food & dietary supplements in the region.
Key players in the global DL-tryptophan market include Cargill Inc., Sunrise Nutrachem Group, Evonik Industries AG, Ajinomoto Co., Royal DSM, Iris Biotech GmbH, Prinova U.S. LLC, Tokyo Chemical Industry, Nanjing Liang Chemical, Novus International Inc., Adisseo France SAS, CJ Cheil Jedang Corporation, and Anaspec Inc.
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blog : http://Cmfeglobalreports.blogspot.com/