Press release
Theanine Market Trends | Rising Popularity of Natural Wellness Products To Reach US$ 122.11Mn by 2031 | Most Leading Companies - Taiyo International Inc., Witspower, Kyowa Hakko Bio Co., Ltd., Taiyo Kagaku Co., Ltd
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.Theanine Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Theanine is an amino acid commonly found in tea leaves, particularly green tea, and certain types of mushrooms. It is known for its calming effects on the brain and is often used to reduce stress and anxiety. Theanine promotes relaxation without causing drowsiness, making it popular as a natural supplement for improving focus, mental clarity, and overall well-being. The most studied form is L-theanine, which is believed to increase levels of neurotransmitters like serotonin and dopamine, contributing to improved mood and cognitive function.
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.
Industry Development:
On February 19, 2024, AlphaWave L-Theanine received approval for the Australian market, joining its existing US GRAS affirmation. This formulation is celebrated for its ability to enhance alpha brainwaves, as confirmed by electroencephalogram (EEG) studies. These brainwaves represent a state of relaxed wakefulness, akin to the calm achieved during meditation, showcasing the product's potential to promote relaxation and mental clarity.
On June 4, 2024, Green Bioactives Limited (GBL), a technology firm focused on sustainable plant-based solutions, announced the results of a clinical study demonstrating that its new blend of L-theanine and FOS can enhance memory by up to 10.1%. This breakthrough highlights GBL's dedication to advancing cognitive health with innovative, plant-derived products.
Growth Forecast Projected:
The Global Theanine Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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.
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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
Regional Analysis for Theanine Market:
The regional analysis of the Theanine Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Theanine market?
➠ Who are the leading manufacturers in the global Theanine industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Theanine industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Theanine market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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