Market Overview:
The global N-acetyl-DL-tryptophan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for N-acetyl-DL-tryptophan in various applications such as medicine, pesticide, chemical industry and others. Additionally, the growing awareness about the benefits of using N-acetyl tryptophan is also propelling the growth of this market.
Product Definition:
N-acetyl-DL-tryptophan (NAT) is a naturally occurring amino acid and a precursor to the neurotransmitter serotonin. It is used as a dietary supplement to promote relaxation, improve sleep quality, and support mood balance. NAT has also been studied for its potential benefits in treating conditions such as anxiety, depression, and chronic pain.
Purity≥99%:
Purity 99% is a new term in the N-Acetyl-DL-Tryptophan market. It means that every ingredient of the product, whether it's active pharmaceutical ingredient (API), or any other component has been analyzed and meets 99% purity standard. Purity99%, which was established in South Korea, offers services for quality check of various industries including nutraceuticals, cosmetics & personal care products and food among others.
99%＞Purity≥98%:
99% purity or more commonly known as Pure 99 is a very high quality and standard grade of tryptophan. It has been certified by either USP24C or USP26C which stand for United States Pharmacopeia and Pharmacopeia of America respectively. The product has also been approved by the GRAS (Generally Recognized As Safe).
Application Insights:
The global market is segmented by application into medicine, pesticide, chemical industry and others. The other applications include food and cosmetics. The medicine application dominated the overall market in 2017 owing to the rising prevalence of diseases such as cancer, anxiety disorders and depression. Furthermore, increasing research & development activities for new therapeutic uses of N-Acetyl-DL-Tryptophan is expected to drive demand over the forecast period.
The growing usage of N-Acetyl DL tryptophan as an alternative therapy for treating patients with cancer who have failed to respond positively to conventional treatments or who have suffered from adverse effects associated with chemotherapy or radiotherapy is projected to boost product consumption in this segment over the coming years.
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand and favorable regulatory framework for manufacturing drugs. In addition, increasing incidence of mental disorders such as anxiety and stress-related disorders among consumers is anticipated to drive demand for tryptophan products in this region.
Asia Pacific is projected to be one of the fastest growing regions during the forecast years due to rising disposable income, improving healthcare infrastructure, expanding pharmaceutical industry, and increasing awareness about nutritional supplements among consumers. Moreover, expansion of chemical industries in China & India on account of low raw material cost coupled with easy availability of skilled labor will boost tryptophan market growth over the coming years in Asia Pacific as well as Middle East & Africa (MEA).
Growth Factors:
- Increasing demand for N-Acetyl-DL-Tryptophan in the nutraceuticals and dietary supplements industry as a result of its various health benefits.
- Rising awareness about the health benefits of N-Acetyl-DL-Tryptophan among consumers, which is likely to boost demand for the product over the forecast period.
- Growing popularity of ayurveda and other natural remedies, which is expected to create opportunities for N-Acetyl-DL - Tryptophan market growth over the next few years.
- increasing research and development activities undertaken by manufacturers to develop new applications for N - Acetyl - DL - Tryptophan .
Scope Of The Report
Report Attributes
Report Details
Report Title
N-Acetyl-DL-Tryptophan Market Research Report
By Type
Purity≥99%, 99%＞Purity≥98%
By Application
Medicine, Pesticide, Chemical Industry, Other
By Companies
Ajinomoto, Evonik, Kyowa Hakko Bio, Mitsui Chemicals, Amino, Bafeng Pharmaceutical & Chemical, Jinghai Amino Acid, Tianan Pharmceuticals, Jiahe Biotech, Huayang Chemical, Puyer BioPharm
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global N-Acetyl-DL-Tryptophan Market Report Segments:
The global N-Acetyl-DL-Tryptophan market is segmented on the basis of:
Types
Purity≥99%, 99%＞Purity≥98%
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
Medicine, Pesticide, Chemical Industry, Other
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:
- Ajinomoto
- Evonik
- Kyowa Hakko Bio
- Mitsui Chemicals
- Amino
- Bafeng Pharmaceutical & Chemical
- Jinghai Amino Acid
- Tianan Pharmceuticals
- Jiahe Biotech
- Huayang Chemical
- Puyer BioPharm
Highlights of The N-Acetyl-DL-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:
- Purity≥99%
- 99%＞Purity≥98%
- By Application:
- Medicine
- Pesticide
- Chemical Industry
- Other
- 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 N-Acetyl-DL-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
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- Product & Brand 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?
N-Acetyl-DL-Tryptophan is a natural amino acid that is found in the body. It helps to produce serotonin, a chemical that plays an important role in mood and sleep.
Some of the major players in the n-acetyl-dl-tryptophan market are Ajinomoto, Evonik, Kyowa Hakko Bio, Mitsui Chemicals, Amino, Bafeng Pharmaceutical & Chemical, Jinghai Amino Acid, Tianan Pharmceuticals, Jiahe Biotech, Huayang Chemical, Puyer BioPharm.
The n-acetyl-dl-tryptophan market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 N-Acetyl-DL-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 N-Acetyl-DL-Tryptophan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 N-Acetyl-DL-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 N-Acetyl-DL-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 N-Acetyl-DL-Tryptophan Market Size & Forecast, 2020-2028
4.5.1 N-Acetyl-DL-Tryptophan Market Size and Y-o-Y Growth
4.5.2 N-Acetyl-DL-Tryptophan Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Purity≥99%
5.2.2 99%＞Purity≥98%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medicine
6.2.2 Pesticide
6.2.3 Chemical Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global N-Acetyl-DL-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 N-Acetyl-DL-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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Purity≥99%
9.6.2 99%＞Purity≥98%
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 Market Size Forecast by Applications
9.10.1 Medicine
9.10.2 Pesticide
9.10.3 Chemical Industry
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Purity≥99%
10.6.2 99%＞Purity≥98%
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 Market Size Forecast by Applications
10.10.1 Medicine
10.10.2 Pesticide
10.10.3 Chemical Industry
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Purity≥99%
11.6.2 99%＞Purity≥98%
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 Market Size Forecast by Applications
11.10.1 Medicine
11.10.2 Pesticide
11.10.3 Chemical Industry
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Purity≥99%
12.6.2 99%＞Purity≥98%
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 Market Size Forecast by Applications
12.10.1 Medicine
12.10.2 Pesticide
12.10.3 Chemical Industry
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Purity≥99%
13.6.2 99%＞Purity≥98%
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) Market Size Forecast by Applications
13.10.1 Medicine
13.10.2 Pesticide
13.10.3 Chemical Industry
13.10.4 Other
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 N-Acetyl-DL-Tryptophan Market: Competitive Dashboard
14.2 Global N-Acetyl-DL-Tryptophan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ajinomoto
14.3.2 Evonik
14.3.3 Kyowa Hakko Bio
14.3.4 Mitsui Chemicals
14.3.5 Amino
14.3.6 Bafeng Pharmaceutical & Chemical
14.3.7 Jinghai Amino Acid
14.3.8 Tianan Pharmceuticals
14.3.9 Jiahe Biotech
14.3.10 Huayang Chemical
14.3.11 Puyer BioPharm
