Taurine is an organic acid widely distributed in animal tissues, and also exist in human beings? body. But cats cannot produce taurine by itself.
It is discovered that the taurine in muscles decrease rapidly after exercise, and it is better intake taurine from drinks than foods, so the energy drinks can balance help body return to normal level. To the cats, lack of taurine can cause diseases like retinal blur.
The import and export percent of this industry is very high. China is the largest producer in the world, approximately more 85 percent of taurine products for export, but domestic consumption less than 15%. The United States is the largest consumer, and Japan ranks the third, after EU. The rest of consumers include South Korea, Taiwan and SE Asia etc
According to this study, over the next five years the Taurine market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Taurine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Taurine market by product type, application, key manufacturers and key regions and countries.
This study considers the Taurine 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.
Food Grade
Pharmaceutical Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Beverage
Pet Food
Health Care Products
Other
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.
Taisho Pharmaceutical(JP)
Honjo Chemical(JP)
Yongan Pharmaceutical(CN)
Yuanyang Pharmaceutical(CN)
Grand Pharma(CN)
Fangming Pharmaceutical(CN)
Jiangyin Huachang(CN)
...
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 Taurine 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 Taurine market by identifying its various subsegments.
Focuses on the key global Taurine 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 Taurine 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 Taurine 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.
