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Global Taurine Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Taisho Pharmaceutical(JP),Honjo Chemical(JP),Grand Pharma(CN),Inc.
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Taurine is an organic acid widely distributed in animal tissues, and also exist in human beings’ body. But cats cannot produce taurine by itself.
It is discovered that the taurine in muscles decrease rapidly after exercise, and it is better intake taurine from drinks than foods, so the energy drinks can balance help body return to normal level. To the cats, lack of taurine can cause diseases like retinal blur.
The import and export percent of this industry is very high. China is the largest producer in the world, approximately more 85 percent of taurine products for export, but domestic consumption less than 15%. The United States is the largest consumer, and Japan ranks the third, after EU. The rest of consumers include South Korea, Taiwan and SE Asia etc
According to this study, over the next five years the Taurine market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Taurine business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Taisho Pharmaceutical(JP)
Honjo Chemical(JP)
Yongan Pharmaceutical(CN)
Yuanyang Pharmaceutical(CN)
Grand Pharma(CN)
Fangming Pharmaceutical(CN)
Jiangyin Huachang(CN)
Market Segment by Type, covers
Food Grade
Pharmaceutical Grade
Market Segment by Applications, can be divided into
Beverage
Pet Food
Health Care Products
Other
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Related Information:
North America Taurine Market Growth 2019-2024
United States Taurine Market Growth 2019-2024
Asia-Pacific Taurine Market Growth 2019-2024
Europe Taurine Market Growth 2019-2024
EMEA Taurine Market Growth 2019-2024
Global Taurine Market Growth 2019-2024
China Taurine Market Growth 2019-2024
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