Tryptophan secondly is driven by the increasing consumption of health products and dietary supplements. Consumption of tryptophan supplements reduces depression and improves mood, provide help for insomnia, improves poor cognition, and other brain conditions. One third of the American adults are seen suffering from insomnia and are not getting sufficient sleep. For the better health, mood, cognitive and physical performance of the body, a good night’s sleep has been proven to be critical. As a result, US health supplements market trends reflects a need for a good sleep products by the consumers and is seen to demand supplements that aids in improving sleep patterns or cycle. Additionally, tryptophan is consumed by bodybuilders to help increase the body weight, since tryptophan may increase the levels of the growth hormones and decrease body fatigue. Health benefits associated with the consumption of tryptophan supplements is likely to increase the sales and boost the global market.
Tryptophan Market: Regional Analysis
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At present, North America shares majority of the global tryptophan market, which is followed by European countries. Robust animal feed and animal nutrition industry in the North America and Europe is responsible for the higher consumption of tryptophan in the region. On the other hand, Latin America, South Asia, Southeast Asia, especially China, are expected to witness highest growth rate in terms of consumption over the forecast period. This high growth rate is supported by the expansion of food and beverage, animal nutrition, and niche application in other industries such as cosmetics, pharmaceutical, etc. Increasing middle-class population, increasing income of the middle-class population, increasing purchasing power of the consumers are driving the sales of the premium products in the Latin America and Asia and in turn propels the global tryptophan market.
Tryptophan Market: Key Participants
Some of the market participants in the tryptophan market are: Ajinomoto Group Cargill Inc. CJ CheilJedang Corporation Kyowa Hakko Bio Co., Ltd. Penta Manufacturing Company Daesang Corporation ADM Company Evonik Novus International Glanbia Plc
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The research report presents a comprehensive assessment of the tryptophan market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as grade and end use.
The report covers exhaustive analysis on: Tryptophan Market Segments Tryptophan Market Dynamics Tryptophan Market Size Tryptophan Supply and Demand Current Trends/Issues/Challenges pertaining to Tryptophan Market Competition Landscape and Emerging Market Participants in Tryptophan Market Technology related to Production/Processing of Tryptophan Value Chain Analysis of the Tryptophan Market
Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil) Europe (Germany, U.K., France, Italy, Spain, Poland, Russia) East Asia (China, Japan, South Korea) South Asia (India, Thailand, Malaysia, Vietnam, Indonesia) Oceania (Australia, New Zealand) Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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