Tryptophan (Trp) is an amino acid. For many organisms (including humans), tryptophan is an essential amino acid and cannot be synthesized by the organism.
Tryptophan can be found in various fields of the chemical, animal feed and pharmaceutical industries. The largest consumer of tryptophan is feed industry. Tryptophan is usually the fourth limiting amino acid after lysine, threonine and the sulphur amino acids (methionine + cysteine) for piglets and very often the third one after lysine and threonine for fattening pigs.
According to stereoisomer, tryptophan has three types, L-Tryptophan, D-Tryptophan, and DL- Tryptophan. But only L-Tryptophan can be absorbed by animals and humans. So in this report we just statistic L-Tryptophan.
The technical barriers of tryptophan are high, and the tryptophan market concentration degree is relatively higher. The manufacturing bases scatter around the world; the key companies in tryptophan market include CJ, Ajinomoto, Evonik, Henan Dragon Biological and Meihua.
The key factors driving the growth of the aforementioned industry are feed industry. With the improvement of household income and protein meat consumption, animal feed has been a huge increase in demand. The increased consumption of tryptophan is expected to continue during the remaining years of the forecast period of 2015-2020. Tryptophan industry will usher in a huge growth space.
Up to now, Henan Dragon Biological and Meihua occupy relatively large market share in China, There are other small enterprises in this market. Local Chinese tryptophan enterprises have large market share, and Chinese products are exported to the United States, Germany, France and other Southeast Asia countries.
The report offers detailed coverage of Tryptophan industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Tryptophan by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Tryptophan market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Tryptophan market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
CJ
Ajinomoto
Evonik
Henan Dragon Biological
Meihua
At the same time, we classify Tryptophan according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Feed Grade
Pharma Grade
Food Grade
Market by Application
Feed
Pharmaceutical
Food Nutrient Products
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Tryptophan market for the forecast period 2021 - 2025?
• What are the driving forces in the Tryptophan market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Tryptophan industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?