Tryptophan is an essential amino acid, which is present in high levels in pumpkin seeds. Some other foods that have significant amount of the tryptophan includes meat, crab, eggs, fish, spinach, dates, spirulina, banana, oat, etc. Tryptophan is needed by the body for the production of serotonin, which is an essential neurotransmitter. Serotonin is required for the production of melatonin in the body that governs body circadian rhythm and helps in the regulating the sleep cycle. Tryptophan is used widely in the animal feed industry and also in the food and beverage industry, clinical nutrition, and dietary supplements. Currently, tryptophan in the market is dominantly produced in a synthetic way through fermentation.
| Report Attribute | Details |
| Tryptophan Market Value (2022) | US$ 540.5 Million |
| Tryptophan Market Anticipated Forecast Value (2032) | US$ 1986 Million |
| Tryptophan Market Projected Growth Rate (2022-2032) | 13.9% |
Increasing Health Consciousness around the Globe is Producing Positive Scenario in the Global Tryptophan Market
Global tryptophan market is majorly driven by the substantial increase in the consumption of animal feed ingredients. Supplementing the feed of the livestock with tryptophan enhances feed intake of the animals such as piglets, since the production of serotonin is increased that affects the appetite of the livestock. By improving the digestive capability of the animals, reduction in the frequency and severity of poor gut health and bacterial proliferation is observed. With the increased performance and body weight gain of the weaned pigs or other animal in short period of time, lower feed consumption with high profit in commercial livestock production is gained. Tryptophan demand in the global market is increasing due to the excellent results observed with the supplementing feed with it.
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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
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)
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Tryptophan Market Segmentation
The tryptophan market can be segmented on the basis of grade and end use.
On the basis of grade, the tryptophan market can be segmented as:
- Food Grade
- Feed Grade
On the basis of end use, the tryptophan market can be segmented as:
- Food and Beverage
- Animal Feed
- Dietary Supplements
- Cosmetics and Personal Care
- Pharmaceutical
Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the tryptophan market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the tryptophan market
- Competitive landscape of the tryptophan market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on tryptophan market performance
- Must-have information for tryptophan market players to sustain and enhance their market footprint
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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