Market Overview:
The global L-tryptophan and D-tryptophan market is expected to register a CAGR of 5.8% during the forecast period, 2018–2030. The market growth can be attributed to the increasing demand for L-tryptophan and D-tryptophan from the animal feed, food and beverage, and healthcare industries. Based on type, the L-tryptophan segment is projected to account for a larger share of the global market in 2018. This segment is expected to grow at a CAGR of 6.0% during the forecast period. The growth of this segment can be attributed to its increasing use in animal feed applications owing to its nutritional benefits.
Product Definition:
L-tryptophan is an essential amino acid that the body uses to make proteins. It is also a precursor of serotonin, a neurotransmitter associated with mood, sleep, and appetite. D-tryptophan is an inactive form of tryptophan.
L-tryptophan:
L-tryptophan is an essential amino acid, which the human body cannot produce and thus it has to be obtained from external sources. L-tryptophan is used by the body to make serotonin, a chemical that helps in controlling sleep and anxiety levels among other functions. Serotonin deficiency leads to various disorders such as depression, fibromyalgia among others.
D-tryptophan:
D-tryptophan, also known as 2 (5)-Imidazolone or 5-HTP is a naturally occurring amino acid. It is manufactured in the body from tryptophan via indoleamine 2,5-dioxygenase (IDO) activity. D-tryptophan has been used for treating insomnia and anxiety along with depression and it's side effects such as drowsiness, headache & stomach ache.
Application Insights:
The global L-tryptophan and D-tryptophan market by application is categorized into animal feed, food and beverage, healthcare. The animal feed segment dominated the overall industry in terms of revenue in 2017. It is estimated to continue its dominance over the forecast period as well owing to high product demand for poultry nutrition globally.
L-Triptofano is widely used for improving the health condition of animals including horses and dogs which are suffering from various diseases such as epilepsy, arthritis etc., Increasing awareness among pet owners regarding superior quality dietary ingredients that can help improve their pets¢â‚¬â„¢ health conditions will further propel industry growth over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to low manufacturing costs as compared to other regions. China, India, Japan, South Korea and Taiwan are among the top 10 L-tryptophan producing countries globally.
The growth of food & beverage sector in Asia Pacific is anticipated to boost demand for natural ingredients with beneficial properties, such as anti-oxidation property due to high saturated fat content. In addition, growing awareness about health benefits associated with nutritional products is likely to propel industry expansion over the coming years.
Europe accounted for more than 20% share of global revenue in 2017 on account of rising demand from end-use industries such as cosmetics.
Growth Factors:
- Increasing demand for L-tryptophan and D-tryptophan from the food and dietary supplements industry as a result of its health benefits is expected to drive the market growth.
- Rising awareness about the benefits of L-tryptophan and D-tryptophan is also anticipated to fuel market growth over the forecast period.
- Growing application of L-tryptophan in pharmaceuticals is projected to create new opportunities for market growth during the forecast period.
- The increasing use of L- tryptophan in animal feed is also expected to boost demand for this product, thereby propelling market growth over the next few years. 5) Technological advancements in production processes are likely to provide impetus to market expansion during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
L-tryptophan & D-tryptophan Market Research Report
By Type
L-tryptophan, D-tryptophan
By Application
Animal Feed, Food and Beverage, Healthcare
By Companies
CJ CheilJedang, Henan Julong, Ajinomoto, Evonik, Meihua Group, Fufeng Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global L-tryptophan & D-tryptophan Market Report Segments:
The global L-tryptophan & D-tryptophan market is segmented on the basis of:
Types
L-tryptophan, D-tryptophan
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Animal Feed, Food and Beverage, Healthcare
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CJ CheilJedang
- Henan Julong
- Ajinomoto
- Evonik
- Meihua Group
- Fufeng Group
Highlights of The L-tryptophan & D-tryptophan Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- L-tryptophan
- D-tryptophan
- By Application:
- Animal Feed
- Food and Beverage
- Healthcare
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the L-tryptophan & D-tryptophan Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
L-tryptophan and D-tryptophan are two amino acids that are found in the body. L-tryptophan is converted into serotonin, a neurotransmitter, while D-tryptophan is not converted into anything.
Some of the key players operating in the l-tryptophan & d-tryptophan market are CJ CheilJedang, Henan Julong, Ajinomoto, Evonik, Meihua Group, Fufeng Group.
The l-tryptophan & d-tryptophan market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 L-tryptophan & D-tryptophan Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 L-tryptophan & D-tryptophan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 L-tryptophan & D-tryptophan Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the L-tryptophan & D-tryptophan Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global L-tryptophan & D-tryptophan Market Size & Forecast, 2018-2028
4.5.1 L-tryptophan & D-tryptophan Market Size and Y-o-Y Growth
4.5.2 L-tryptophan & D-tryptophan Market Absolute $ Opportunity
Chapter 5 Global L-tryptophan & D-tryptophan Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 L-tryptophan & D-tryptophan Market Size Forecast by Type
5.2.1 L-tryptophan
5.2.2 D-tryptophan
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global L-tryptophan & D-tryptophan Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 L-tryptophan & D-tryptophan Market Size Forecast by Applications
6.2.1 Animal Feed
6.2.2 Food and Beverage
6.2.3 Healthcare
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global L-tryptophan & D-tryptophan Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 L-tryptophan & D-tryptophan Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America L-tryptophan & D-tryptophan Analysis and Forecast
9.1 Introduction
9.2 North America L-tryptophan & D-tryptophan Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America L-tryptophan & D-tryptophan Market Size Forecast by Type
9.6.1 L-tryptophan
9.6.2 D-tryptophan
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America L-tryptophan & D-tryptophan Market Size Forecast by Applications
9.10.1 Animal Feed
9.10.2 Food and Beverage
9.10.3 Healthcare
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe L-tryptophan & D-tryptophan Analysis and Forecast
10.1 Introduction
10.2 Europe L-tryptophan & D-tryptophan Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe L-tryptophan & D-tryptophan Market Size Forecast by Type
10.6.1 L-tryptophan
10.6.2 D-tryptophan
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe L-tryptophan & D-tryptophan Market Size Forecast by Applications
10.10.1 Animal Feed
10.10.2 Food and Beverage
10.10.3 Healthcare
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific L-tryptophan & D-tryptophan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific L-tryptophan & D-tryptophan Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific L-tryptophan & D-tryptophan Market Size Forecast by Type
11.6.1 L-tryptophan
11.6.2 D-tryptophan
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific L-tryptophan & D-tryptophan Market Size Forecast by Applications
11.10.1 Animal Feed
11.10.2 Food and Beverage
11.10.3 Healthcare
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America L-tryptophan & D-tryptophan Analysis and Forecast
12.1 Introduction
12.2 Latin America L-tryptophan & D-tryptophan Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America L-tryptophan & D-tryptophan Market Size Forecast by Type
12.6.1 L-tryptophan
12.6.2 D-tryptophan
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America L-tryptophan & D-tryptophan Market Size Forecast by Applications
12.10.1 Animal Feed
12.10.2 Food and Beverage
12.10.3 Healthcare
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) L-tryptophan & D-tryptophan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) L-tryptophan & D-tryptophan Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) L-tryptophan & D-tryptophan Market Size Forecast by Type
13.6.1 L-tryptophan
13.6.2 D-tryptophan
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) L-tryptophan & D-tryptophan Market Size Forecast by Applications
13.10.1 Animal Feed
13.10.2 Food and Beverage
13.10.3 Healthcare
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 L-tryptophan & D-tryptophan Market: Competitive Dashboard
14.2 Global L-tryptophan & D-tryptophan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CJ CheilJedang
14.3.2 Henan Julong
14.3.3 Ajinomoto
14.3.4 Evonik
14.3.5 Meihua Group
14.3.6 Fufeng Group
