Press release
Taurine Market Size, Share and Growth Analysis for 2021-2031
The global taurine market, valued at US$ 0.2 Bn in 2020, is anticipated to witness robust growth, projecting a CAGR of 5.3% from 2021 to 2031. By the end of 2031, the market is expected to reach a value of US$ 0.3 Bn. The market dynamics are influenced by factors such as the impact of the COVID-19 crisis on global supply chains, the rising awareness of taurine applications in healthcare and pet food, and the expansion into diverse sectors such as cleaning products, cosmetics, and flavors.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=59622
Key Players and Market Developments
Major companies profiled in the global taurine market report are
โข Taisho Pharmaceutical Holdings Co., Ltd.
โข Grand Pharmaceutical Group Limited
โข AWI-Awell Ingredients Co., Ltd.
โข The Honjo Chemical Corporation
โข Qianjiang Yongan Pharmaceutical Co., Ltd.
โข B. Enterprises
โข Atlantic Chemicals Trading GmbH
โข Kyowa Hakko Bio Co., Ltd.
โข Jiangsu Yuanyang Pharmaceutical Co., Ltd
โข Hubei Grand Fuchi Pharmaceutical & Chemicals Co., Ltd.
โข Advance Inorganics
โข Aakriti Trading Company
โข Avanscure LifeSciences Pvt. Ltd.
Analysts' Viewpoint: Navigating Challenges and Opportunities
The COVID-19 crisis has underscored the vulnerability of global supply chains, urging taurine manufacturers to diversify production activities. With scrutiny on synthetic taurine in beverages, companies are encouraged to explore food and pharmaceutical-grade taurine, deemed safer. Notably, taurine-based technology is playing a pivotal role in hair product innovations.
Taurine in Pet Food Segment: A Trailblazing Entry
The prevalence of taurine deficiency in pets, especially cats and dogs, is driving the demand for taurine in pet food products. Endorsements from celebrities in India are creating valuable opportunities for brands, emphasizing the importance of taurine in maintaining healthy hearts and improving eyesight in pets. The production of prebiotics and probiotics in pet food is rising, contributing to overall market growth.
Healthcare and Pet Food Products: Ensuring Business Continuity
Amid the COVID-19 crisis, taurine manufacturers are enhancing local production capabilities to ensure business continuity. The focus is on maintaining optimum inventory levels and increasing the production of healthcare and pet food products. With a shift toward eCommerce, stakeholders are leveraging digital platforms to meet the growing demand for health-conscious consumers.
Safety Concerns in Supplements and Energy Drinks for Pregnant Women
While energy drinks present revenue opportunities, there is a lack of evidence on the safety of taurine in supplement form during pregnancy. Manufacturers are diversifying their production activities in pharmaceutical and food-grade taurine, ensuring safer consumption in healthcare and pet food products.
Quality Control in Various Applications
Taurine is finding applications beyond food, including cleaning products, cosmetics, and flavors. Certified Reference Material (CRM) for food and pharmaceutical-grade taurine is gaining prominence, meeting ISO standards. Secondary standards for pharmaceutical applications are enhancing quality control in various industries.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=59622<ype=S
Taurine-Based Technology in Hair Products: A Stylish Innovation
Taurine's entry into the beauty industry is marked by its use in hair products. Brands are investing in research and development to advance taurine-based technology, creating innovative products that offer lasting results without compromising hair quality. The rising trend of modern salon services is contributing to the revenue growth of taurine manufacturers.
The taurine market is evolving with diversified applications, ranging from pet food and healthcare to beauty and cleaning products. Manufacturers are strategically navigating challenges posed by the COVID-19 crisis and safety concerns, unlocking opportunities in emerging sectors. With a focus on quality control and innovation, the taurine market is poised for a dynamic future, embracing diverse applications and ensuring sustained growth.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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Taurine is a kind of natural exist non-essential amino acids. Taurine is an organic acid widely distributed in animal tissues, and also exist in human beings' body. But cats cannot produce taurine by itself.
Itโฆ
Taurine Market Developments Status and Forecast 2021-2031
Taurine Market: Overview
The taurine market is estimated to attain a valuation of US$ 0.3 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5.3% from 2021 to 2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of theโฆ
Global Taurine Market Industry Analysis & Growth Rate
Taurine, also well-known as amino sulfonic acid, is a chemical that naturally transpires in the human body and plays countless vital functions. It is mainly existed in the brain, heart, retina, and blood cells in great quantities, and it its primary sourced meat, fish, and eggs. Some of its foremost functions comprise regulating body cells, stabilizing cell membranes, and introduction of bile salts in the body. Other essential functions compriseโฆ
Taurine Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Taurine Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-taurine-market_p108637.html
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Scope of the Report:
The worldwide market for Taurine isโฆ