L-Theanine (frequently referred to as theanine) is an amino acid that is not common in the diet (not one of the essential amino acids or even one of the common nonessential amino acids).
China is the largest consumption country of L-theanine in the world in the past few years and it will keep the same position in the next few years. China market took up about 43.31% the global market in 2018, followed by North America with the share about 22.98%.
The technical barriers of L-Theanine are not high, resulting in numerous and small manufacturing enterprises. In L-Theanine market, there are several relatively larger companies across the globe, such as Taiyo Kagaku, Blue California, ZheJiang TianRui Chemical, Qu Zhou Joy Chemical, Sichuan Tongsheng Amino acid, and FarmaSino Pharmaceuticals. And their plants mainly distribute in Japan and China. China is the largest producer, almost 75% production share in 2018.
Taiyo Kagaku is the largest supplier of L-theanine with a global share of about 22.97%. Zhejiang TianRui Chimical is the second largest supplier of L-theanine in the world and the largest in China, it took about 16.18% of the global total market. Other key suppliers are Blue California, Sichuan Tongsheng Amino Acid, Changzhou Golden Bright, Qu Zhou Joy Chemical, etc.
According to this study, over the next five years the L-theanine market will register a 7.5% CAGR in terms of revenue, the global market size will reach US$ 62 million by 2024, from US$ 43 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in L-theanine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of L-theanine market by product type, application, key manufacturers and key regions and countries.
This study considers the L-theanine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Chemical Synthesis
Microbial Fermentation
Tea Extracts
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food & Beverage
Healthcare Products
Pharmaceutical Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Taiyo Kagaku
Blue California
Infre
ZheJiang TianRui Chemical
Qu Zhou Joy Chemical
Sichuan Tongsheng Amino Acid
Changzhou Golden Bright
FarmaSino Pharmaceuticals
Hangzhou Qinyuan
Wuxi Southern Yangtze
Novanat Bioresources
Wagott Bio-tech
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global L-theanine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of L-theanine market by identifying its various subsegments.
Focuses on the key global L-theanine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the L-theanine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of L-theanine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.