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Global L-Tryptophan Market Growth 2019-2024
SKU ID : LPI-13806688 | Publishing Date : 01-Feb-2019 | No. of pages : 137
L-Tryptophan is an amino acid. For many organisms (including humans), L-Tryptophan is an essential amino acid and cannot be synthesized by the organism.
L-Tryptophan can be found in the fields of animal feed and pharmaceutical industries. The largest consumer of L-Tryptophan is feed industry. L-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.
The technical barriers of L-Tryptophan are high, and the L-Tryptophan market concentration degree is relatively higher. The manufacturing bases scatter around the world; the key companies in L-Tryptophan market include CJ, Ajinomoto, Evonik, Henan Dragon Biological and Meihua.
In the past few years, the raw material price of corn was subject to greater volatility, and in the past few months in 2015, the corn price fell. Corn prices will level off and are not expected to rise in the short term. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of L-Tryptophan. As the same time, ample export supplies and uncertainty over import demand maintained L-Tryptophan prices at relatively low levels. Therefore, to some extent, the companies face the risk of profit decline.
According to this study, over the next five years the L-Tryptophan market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in L-Tryptophan business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of L-Tryptophan market by product type, application, key manufacturers and key regions and countries.
This study considers the L-Tryptophan value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Feed Grade
Pharma Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed Industry
Pharmaceutical Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
CJ
Ajinomoto
Evonik
Henan Dragon Biological
Meihua
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global L-Tryptophan consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of L-Tryptophan market by identifying its various subsegments.
Focuses on the key global L-Tryptophan manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the L-Tryptophan with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of L-Tryptophan submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
L-Tryptophan can be found in the fields of animal feed and pharmaceutical industries. The largest consumer of L-Tryptophan is feed industry. L-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.
The technical barriers of L-Tryptophan are high, and the L-Tryptophan market concentration degree is relatively higher. The manufacturing bases scatter around the world; the key companies in L-Tryptophan market include CJ, Ajinomoto, Evonik, Henan Dragon Biological and Meihua.
In the past few years, the raw material price of corn was subject to greater volatility, and in the past few months in 2015, the corn price fell. Corn prices will level off and are not expected to rise in the short term. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of L-Tryptophan. As the same time, ample export supplies and uncertainty over import demand maintained L-Tryptophan prices at relatively low levels. Therefore, to some extent, the companies face the risk of profit decline.
According to this study, over the next five years the L-Tryptophan market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in L-Tryptophan business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of L-Tryptophan market by product type, application, key manufacturers and key regions and countries.
This study considers the L-Tryptophan value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Feed Grade
Pharma Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed Industry
Pharmaceutical Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
CJ
Ajinomoto
Evonik
Henan Dragon Biological
Meihua
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global L-Tryptophan consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of L-Tryptophan market by identifying its various subsegments.
Focuses on the key global L-Tryptophan manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the L-Tryptophan with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of L-Tryptophan submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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