Taurine Market Top Players, Global Trends, BusinessOpportunities, and Industry Forecast till 2023
“Global Taurine Market is anticipated to rise at a staggering CAGR of 6.2% in the forecast period. 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.�
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. 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.