Market Overview:
The global tryptophan market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for feed grade, pharma grade, and food grade tryptophan by various end-use industries. In terms of volume, the feed grade segment is projected to lead the global tryptophan market during the forecast period. The growth in this segment can be attributed to the increasing demand for animal feed supplements across the globe.
Product Definition:
A nonessential amino acid found in proteins. Tryptophan is important in the body for the production of serotonin, which helps regulate mood and sleep.
Feed Grade:
Feed grade is the highest quality form of protein used in animal feed. It contains all the essential amino acids and has a high biological value. Tryptophan is an essential amino acid that plays an important role in the diet of animals, which helps them grow and develop properly.
Pharma Grade:
Pharma grade is the highest quality product that can be used in pharmaceutical applications. It has been further processed to remove all other impurities that may have an adverse effect on the medicine. The final product is 99% pure and has no additives or fillers added to it.
No, they are both fine for consumption.
Application Insights:
The feed grade of tryptophan is majorly used in pig and poultry nutrition. The product is also used as a component in formulating animal feeds for cattle, horses, and dogs. In addition to this, the compound is also added to milk replacers for infant formula as well as human nutritional supplements.
Tryptophan has been proven effective against several diseases such as pellagra (niacin deficiency), rickets (vitamin D deficiency), and constipation among others owing to its ability to promote growth hormone production. Furthermore, it plays an important role in maintaining brain health along with other body functions such as digestion and cardiovascular system stability. These factors are anticipated to increase demand over the forecast period from 2017-2030 which will result in high product consumption globally especially during winters when people prefer warm drinks or food items that provide energy quickly along with strong immunity benefits.
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 population, which makes it a potential target for various consumer goods manufacturers. China and India are among the top 10 pharma markets globally. Asia Pacific is also one of the key feed-producing regions worldwide, with China being one of the largest producers across globe due to presence of large animal population and availability of raw materials at cheaper rates as compared to other countries’ locations including U.S., Australia, Brazil etc.). Feed grade tryptophan is used as an additive in poultry feed while pharma grade tryptophan finds application in human pharmaceuticals such as antidepressants, sleeping pills etc.).
Growth Factors:
- Increasing demand for Tryptophan from the food and dietary supplements industries as a result of its various health benefits.
- Rising awareness about the benefits of Tryptophan among consumers, which is likely to boost demand in the near future.
- Growing research and development activities for new applications of Tryptophan in various end-use industries.
- Increasing investments by key players in the global Tryptophan market to expand their production capacities and meet rising demand from consumers worldwide.
- Technological advancements that have led to the development of new and improved forms of Tryptophan, which is likely to create opportunities for growth in the market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Tryptophan Market Research Report
By Type
Feed Grade, Pharma Grade, Food Grade
By Application
Feed, Pharmaceutical, Food Nutrient Products, Others
By Companies
CJ, Ajinomoto, Evonik, Henan Dragon Biological, Meihua
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Tryptophan Market Report Segments:
The global Tryptophan market is segmented on the basis of:
Types
Feed Grade, Pharma Grade, Food Grade
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
Feed, Pharmaceutical, Food Nutrient Products, Others
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
- Ajinomoto
- Evonik
- Henan Dragon Biological
- Meihua
Highlights of The 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:
- Feed Grade
- Pharma Grade
- Food Grade
- By Application:
- Feed
- Pharmaceutical
- Food Nutrient Products
- Others
- 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 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
- Identifying Appropriate Advertising Appeals
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?
Tryptophan is an essential amino acid that is found in many foods. It helps the body produce serotonin, a neurotransmitter.
Some of the major companies in the tryptophan market are CJ, Ajinomoto, Evonik, Henan Dragon Biological, Meihua.
The tryptophan market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tryptophan Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tryptophan Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tryptophan Market - Supply Chain
4.5. Global Tryptophan Market Forecast
4.5.1. Tryptophan Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tryptophan Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tryptophan Market Absolute $ Opportunity
5. Global Tryptophan Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tryptophan Market Size and Volume Forecast by Type
5.3.1. Feed Grade
5.3.2. Pharma Grade
5.3.3. Food Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tryptophan Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tryptophan Market Size and Volume Forecast by Application
6.3.1. Feed
6.3.2. Pharmaceutical
6.3.3. Food Nutrient Products
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tryptophan Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tryptophan Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tryptophan Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tryptophan Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tryptophan Demand Share Forecast, 2019-2026
9. North America Tryptophan Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tryptophan Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tryptophan Market Size and Volume Forecast by Application
9.4.1. Feed
9.4.2. Pharmaceutical
9.4.3. Food Nutrient Products
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tryptophan Market Size and Volume Forecast by Type
9.7.1. Feed Grade
9.7.2. Pharma Grade
9.7.3. Food Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tryptophan Demand Share Forecast, 2019-2026
10. Latin America Tryptophan Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tryptophan Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tryptophan Market Size and Volume Forecast by Application
10.4.1. Feed
10.4.2. Pharmaceutical
10.4.3. Food Nutrient Products
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tryptophan Market Size and Volume Forecast by Type
10.7.1. Feed Grade
10.7.2. Pharma Grade
10.7.3. Food Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tryptophan Demand Share Forecast, 2019-2026
11. Europe Tryptophan Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tryptophan Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tryptophan Market Size and Volume Forecast by Application
11.4.1. Feed
11.4.2. Pharmaceutical
11.4.3. Food Nutrient Products
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tryptophan Market Size and Volume Forecast by Type
11.7.1. Feed Grade
11.7.2. Pharma Grade
11.7.3. Food Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tryptophan Demand Share, 2019-2026
12. Asia Pacific Tryptophan Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tryptophan Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tryptophan Market Size and Volume Forecast by Application
12.4.1. Feed
12.4.2. Pharmaceutical
12.4.3. Food Nutrient Products
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tryptophan Market Size and Volume Forecast by Type
12.7.1. Feed Grade
12.7.2. Pharma Grade
12.7.3. Food Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tryptophan Demand Share, 2019-2026
13. Middle East & Africa Tryptophan Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tryptophan Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tryptophan Market Size and Volume Forecast by Application
13.4.1. Feed
13.4.2. Pharmaceutical
13.4.3. Food Nutrient Products
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tryptophan Market Size and Volume Forecast by Type
13.7.1. Feed Grade
13.7.2. Pharma Grade
13.7.3. Food Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tryptophan Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tryptophan Market: Market Share Analysis
14.2. Tryptophan Distributors and Customers
14.3. Tryptophan Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CJ
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ajinomoto
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Evonik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Henan Dragon Biological
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Meihua
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook