Global L-Threonine Market Expected to Witness a Sustainable Growth over 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global L-Threonine market.

L-Threonine is a type of α-amino acid with the chemical formula HO2CCH(NH2)CH(OH)CH3. Threonine has four kinds of isomer, natural existence and have physiological role for organism is L-Threonine. It is classified as an essential amino acid. Humans do not synthesize L-threonine, so it must be obtained through the diet.

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Global L-Threonine Market: Forecast by Type / Application / Region

First, the L-Threonine industry concentration is relatively high, the top 4 companies took about 74% of the global production share in 2014; these companies are mainly located in China, EU and US providing high-end products.

Second, many companies have several plants, usually close to aimed consumption market. Meihua, for example, is with three plants. Years ago, there was international company set up factories in China, such as CJ CheilJedang set its plant in Liaoning province with 50 K MT capacity of L-Threonine. And a Japanese company, Ajinomoto Group, shut down the L-Threonine plant in Brazil. As for now, there are only single digits major manufacturers in the world producing L-Threonine while most of them are located in China.

Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.

Fourth, the import and export percent of this industry is high. China, as the major region in the production, is the major export country. EU, is the major consumption market but with small domestic production. The export volume in 2014 was about 70% of the production volume in China.

Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. Several months ago, Meihua merged Eppen, a major manufacturer in China, making it the leading company in the global market, taking about 30% of the capacity share in this industry. As the downstream consumption usually follows with developed and rapid economic growth areas, the developed areas’ company prefers investing to underdevelopment regions these years.

Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of L-Threonine will increase.

Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Over the next five years, LPI(LP Information) projects that L-Threonine will register a 8.0% CAGR in terms of revenue, reach US$ 1570 million by 2023, from US$ 1070 million in 2017.

Global L-Threonine Market: Key Players
Meihua
Ajinomoto Group
CJ CheilJedang
Evonik
Fufeng
NB Group
Star Lake Bioscience
Guoguang Biochemistry
GLOBAL Bio-Chem
ADM

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Related Information:
United States L-Threonine Market Research Report 2018
Europe L-Threonine Market Research Report 2018
North America L-Threonine Market Research Report 2018
Asia-Pacific L-Threonine Market Research Report 2018
China L-Threonine Market Research Report 2018
EMEA L-Threonine Market Research Report 2018
Global L-Threonine Market Research Report 2018

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