Theanine Market 2024: Future Industry Scope, Growth Opportunities, and Forecast Through 2024-2031 | Taiyo International Inc., Witspower, Kyowa Hakko Bio Co., Ltd., Taiyo Kagaku Co

Theanine Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Theanine market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Theanine market from 2024 to 2031, and what is the market value expected to change by 2031?

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.

What is Theanine Market?

The theanine market refers to the industry focused on the production and distribution of theanine, a naturally occurring amino acid primarily found in tea leaves, particularly green tea. Known for its calming effects and potential health benefits, theanine is often marketed to promote relaxation, reduce stress, and enhance cognitive function without causing drowsiness. The market for theanine is driven by increasing consumer awareness of mental wellness, the growing popularity of functional foods and beverages, and the rising demand for natural health products. Applications of theanine extend to a food and beverage formulations, and nutraceuticals.

Growth Driver

Growing Demand for Natural Health Supplements
Rising consumer awareness and a preference for natural and organic products are driving the demand for theanine-based supplements. As individuals increasingly seek supplements that provide relaxation and cognitive benefits without adverse side effects, the popularity of theanine continues to grow, expanding its global market presence. This expansion is supported by the market's response to the increasing interest in natural stress relief and cognitive enhancement among consumers.

Key Players:

Profiles of some of the major players in the global Theanine market, which include:

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.

Industry Development:

On February 19, 2024, AlphaWave L-Theanine received approval for the Australian market, complementing its existing GRAS affirmation in the U.S. This formulation is recognized for its ability to enhance alpha brainwaves, as validated by electroencephalogram (EEG) studies, which are indicative of a state of relaxed wakefulness similar to that achieved during meditation. This highlights the product's potential benefits for promoting relaxation and mental clarity.

On June 4, 2024, Green Bioactives Limited (GBL), a technology firm focused on sustainable plant-based products, announced a groundbreaking clinical study demonstrating that its new blend of L-theanine and FOS can improve memory by up to 10.1%. This finding underscores 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. Driftwell quickly became PepsiCo's fastest beverage brand to reach market, developed through an internal idea pitch competition among employees. The drink progressed from conception to execution in un

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Theanine market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Source: Green Tea, Black Tea, Mushrooms, Others

By Type: L-theanine, D-theanine

By Application: Functional Beverages , Dietary Supplements, Cosmetics, Pharmaceuticals, Others

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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