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.
Scope of the Report:This report focuses on the L-Tryptophan in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
The worldwide market for L-Tryptophan is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers CJ
Ajinomoto
Evonik
Henan Dragon Biological
Meihua
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Feed Grade
Pharma Grade
Market Segment by Applications, can be divided into Feed Industry
Pharmaceutical Industry
Others
There are 15 Chapters to deeply display the global L-Tryptophan market.
Chapter 1, to describe L-Tryptophan Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of L-Tryptophan, with sales, revenue, and price of L-Tryptophan, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of L-Tryptophan, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, L-Tryptophan market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025;
Chapter 13, 14 and 15, to describe L-Tryptophan sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
