Global Taurine Market Research Report 2023

Taurine Market 

The global Taurine market was valued at US$ 161 million in 2022 and is anticipated to reach US$ 216.9 million by 2029, witnessing a CAGR of 4.3% during the forecast period 2023-2029.

Taurine is an amino acid used by the body to create proteins, the building blocks. It is essential for both baby development and the care of people with particular diseases. The human body's big intestines contain this organic acid, which is primarily present in animal tissues. Many patients may be given taurine, which has the power to save their lives. It supplements are used in the treatment of cystic fibrosis, high blood pressure, congestive heart failure, and liver disease. Diabetes, alcoholism, ADHD, autism, visual impairments, and epilepsy can all gain from it. It has also proven beneficial for skincare, haircare, and toiletries.

Trends Influencing the Growth of the Taurine Market 

An increase in personal development goals, as well as rising demand for cosmetics and health awareness, are predicted to propel the global taurine market. Both highly skilled athletes and everyday young people need taurine energy drinks and supplements to accomplish their goals. Taurine has a wide range of commercial uses, making it a critical growth product for everyone. These applications are anticipated to boost the global taurine market.

Based on encouraging preliminary research, it is anticipated that taurine use will increase significantly. According to recent research, long-term use of taurine helps lessen the liver and kidney damage brought on by chemotherapy. When paired with coffee, taurine not only reduces sleep and boosts energy, but it also enhances reaction speeds. This would significantly expand the market for energy drinks containing taurine. Due to increased R&D and the introduction of new products, the taurine market is anticipated to expand in the near future.

The growth in demand for taurine for bodybuilding and fitness is anticipated to drive the taurine market during the anticipated time frame. It also aids in lowering dehydration, controlling blood pressure, and enhancing heart health, which is another significant factor influencing the market. An increase in the consumption of taurine supplements by sportsmen and sportspeople is fueling the business. The pet food and energy drink sectors' rising demand is another factor supporting the market. The sector is also anticipated to expand as more individuals realise how crucial having healthy skin is.

Taurine Market Share

Global taurine key players include Yongan Pharmaceutical, Grand Pharma, Jiangyin Huachang, etc. Global top three manufacturers hold a share over 85%.

Asia-Pacific is the largest market, with a share over 30%, followed by Europe, and North America, both have a share over 55 percent.

In terms of product, ethylene oxide method is the largest segment, with a share over 85%. And in terms of application, the largest application is beverage, followed by pet food, healthcare products, etc.

This report aims to provide a comprehensive presentation of the global market for Taurine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Taurine.

The Taurine market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Taurine market comprehensively. Regional market sizes, concerning products by technology, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Taurine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by technology, by application and by regions.

By Companies

• Yongan Pharmaceutical
• Grand Pharma
• Jiangyin Huachang
• Yuanyang Pharmaceutical
• Taisho Pharmaceutical
• Zhejiang NHU Co., Ltd

By Technology

• Ethylene Oxide Method
• Ethanol Amine Method

By Application

• Beverage
• Pet Food
• Health Care Products
• Others

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E

Core Chapters

• Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
• Chapter 2: Detailed analysis of Taurine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 3: Sales, revenue of Taurine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
• Chapter 4: Provides the analysis of various market segments by technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 9: The main points and conclusions of the report.

Scope of Taurine Market Report