Press release
Theanine Market Global Industry, Share, In-Depth Qualitative Insights, Explosive Growth Opportunity, and Regional Analysis Forecast 2024 to 2031 | Taiyo International Inc., Witspower, Kyowa Hakko Bio Co., Ltd.
DataM Intelligence has released a new research report on the Theanine market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.The Global Theanine Market reached US$ 65.50 million in 2023 and is expected to reach US$ 122.11 million by 2031, growing with a CAGR of 8.03% during the forecast period 2024-2031.
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The theanine market involves the production and distribution of L-theanine, a naturally occurring amino acid primarily found in tea leaves, particularly green tea. Known for its calming and relaxation-inducing properties, L-theanine is widely used in dietary supplements, functional foods, and beverages aimed at promoting mental clarity and reducing stress. The growing awareness of health and wellness benefits associated with theanine is driving its demand across various consumer segments.
List of the Key Players in the Theanine Market:
Taiyo International Inc., Witspower, Kyowa Hakko Bio Co., Ltd., Taiyo Kagaku Co., Ltd., NutriScience Innovations, LLC, Blue California, Hunan Nutramax Inc., Xian Tonking Biotech Co., Ltd., LGC Limited, Shaanxi Guanjie Biotechnology Co., Ltd.
Key Developments:
On February 19, 2024, AlphaWave L-Theanine received approval for the Australian market, complementing its existing Generally Recognized as Safe (GRAS) affirmation in the U.S. This formulation is well-regarded for its ability to enhance alpha brainwaves, as demonstrated through electroencephalogram (EEG) studies. Alpha brainwaves are associated with a state of relaxed wakefulness, akin to that experienced during meditation, highlighting the product's potential for promoting relaxation and mental clarity.
On June 4, 2024, Green Bioactives Limited (GBL), a technology firm focused on sustainable plant-based products, announced the results of a clinical study showing that its new blend of L-theanine and fructooligosaccharides (FOS) can improve memory by up to 10.1%. This breakthrough reflects GBL's commitment to enhancing cognitive health through innovative, plant-derived formulations.
On September 17, 2020, PepsiCo launched Driftwell, a functional beverage infused with L-theanine aimed at promoting relaxation. This product became PepsiCo's fastest beverage brand to hit the market, developed through an internal idea pitch competition among employees. Driftwell progressed from concept to execution in under a year, addressing a consumer need for a solution designed to help individuals relax and unwind.
Research Process:
Both primary and secondary data sources have been used in the global Theanine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Theanine Market:
By Source: Green Tea, Black Tea, Mushrooms, Others.
By Type: L-theanine, D-theanine.
By Application: Functional Beverages , Dietary Supplements, Cosmetics, Pharmaceuticals, Others.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Theanine market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Theanine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Theanine market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Theanine Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/theanine-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Theanine market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Theanine market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Theanine market?
☛ What are the major opportunities that the companies can get to attain success in the world?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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