The global tryptophan market is likely to boom at a record CAGR of 13.9% from 2022 to 2032, likely to gain a revenue worth USD 1986 million by 2032, up from USD 540.5 million in 2022.
One of the key factors accelerating the demand for tryptophan during the forecast period of 2022 to 2032 is increasing consumer awareness pertaining to the health benefits of many ingredients added to food products, which include tryptophan.
| Report Attribute | Details |
|---|---|
| Tryptophan Market Value (2022) | USD 540.5 Million |
| Tryptophan Market Anticipated Forecast Value (2032) | USD 1986 Million |
| Tryptophan Market Projected Growth Rate (2022 to 2032) | 13.9% |
Tryptophan is one of the crucial amino acids which is important for overall growth in infants and for producing and maintaining the body’s muscles, proteins, neurotransmitters, and enzymes. It is an essential amino acid, meaning the body does not produce it; instead, it is attained from the diet. The demand for tryptophan is surging as it is crucial for an infant’s growth and in adults for nitrogen balance.
One such study of healthy participants revealed that larger doses of dietary tryptophan led to significantly less irritability and depression and reduced anxiety.
Tryptophan is a precursor of serotonin which is an essential neurotransmitter used as an antidepressant and assists in inducing sleep. Some of the natural sources of tryptophan are eggs, fish, cheese, banana, spinach, spirulina, dates, oats, crabs, etc. Pumpkin seeds have higher levels of tryptophan.
The sales of tryptophan are likely to increase and thereby boost the growth of the global tryptophan market. Niacin is used as a supplement for treating Hartnup’s disease, which is linked to tryptophan deficiency. Besides the vital uses in therapies, this amino acid is regularly used to fortify food, and tryptophan is recommended in the case of other tryptophan-deficient diets.
Besides the demand for tryptophan in the healthcare industry, the animal feed industry also uses this amino acid commonly. The clinical nutrition, food, and beverage industry also incorporate tryptophan largely and thereby increase the market share of tryptophan globally.
The global tryptophan market is primarily driven by a significant increase in the consumption of feed ingredients. When tryptophan is supplemented with the feed of the livestock, it improves the feed intake of the animals, especially piglets. Also, since serotonin production is increased, it impacts the appetite of the livestock.
Gaining popularity in the cosmetic industry, an increase in consumption of animal feed, and a growing health-conscious population are some of the key factors fuelling the tryptophan market growth. Furthermore, more and more advancements in technology and modernization in the market, coupled with increasing demand from developing economies - all these factors are said to create novel opportunities for tryptophan manufacturers during the forecast period of 2022 to 2032.
The tryptophan market is also driven by the rising expenditure on health products and increased consumption of dietary supplements. Tryptophan supplements enhance mood and decrease depression, assist in insomnia treatment, and betters poor cognition and other neurological conditions.
The demand for tryptophan in the global market is rising owing to the efficient results studied with the supplementing feed with it. Moreover, most commonly, tryptophan is consumed by bodybuilders to assist with weight gain of the body. Tryptophan is said to elevate growth hormone levels and reduces body fatigue. Consumption of tryptophan has several health benefits, and this factor will increase the demand and sales of tryptophan in the global market.
Besides the driving factors, some of the factors which restrain the global market are side effects linked with the consumption of tryptophan and an increase in strict government actions. These factors will further possess as a market challenge during the forecast period.
Region-wise, North America has the majority market share in the global market owing to the rising number of health-conscious consumers and the increase in animal feed ingredients consumption in this region. North America is followed by Europe, dominating the global market. Strong animal nutrition and animal feed industry in these regions is accountable for the higher consumption of tryptophan in these regions.
In the North American region, a country like the USA has more consumers who are dedicated to their health, and this has resulted in healthy eating and an active lifestyle. This has catered to the demand for tryptophan, and several functional food manufacturers have integrated the use of tryptophan.
In terms of consumption, the Asia Pacific tryptophan market is anticipated to witness a huge growth rate during the forecast period. This higher demand is backed by development in the food and beverage industry, animal nutrition, and niche application in other industries like pharmaceutical, cosmetics, etc.
A few of the key players in the tryptophan market include Ajinomoto Group, Cargill Inc., CJ CheilJedang Corporation, Kyowa Hakko Bio Co., Ltd., Penta Manufacturing Company, Daesang Corporation, ADM Company, Evonik, Novus International, and Glanbia Plc.
In June 2021, Evonik proves the ecological benefits of its feeding solutions for poultry and swine. Evonik’s comparative life cycle assessment (LCA) showcased the ecological benefits of using its feed amino acids and feeding concepts in comparison with generic animal nutrition practices.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 13.9% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Grade, End Use, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
| Key Companies Profiled | Ajinomoto Group; Cargill Inc.; CJ CheilJedang Corporation; Kyowa Hakko Bio Co., Ltd; Penta Manufacturing Company; Daesang Corporation; ADM Company; Evonik; Novus International; Glanbia Plc |
| Customization | Available Upon Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Volume (Tons) Forecast by Region, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by Grade, 2017 to 2032
Table 4: Global Market Volume (Tons) Forecast by Grade, 2017 to 2032
Table 5: Global Market Value (US$ Million) Forecast by End Use, 2017 to 2032
Table 6: Global Market Volume (Tons) Forecast by End Use, 2017 to 2032
Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 8: North America Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 9: North America Market Value (US$ Million) Forecast by Grade, 2017 to 2032
Table 10: North America Market Volume (Tons) Forecast by Grade, 2017 to 2032
Table 11: North America Market Value (US$ Million) Forecast by End Use, 2017 to 2032
Table 12: North America Market Volume (Tons) Forecast by End Use, 2017 to 2032
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 15: Latin America Market Value (US$ Million) Forecast by Grade, 2017 to 2032
Table 16: Latin America Market Volume (Tons) Forecast by Grade, 2017 to 2032
Table 17: Latin America Market Value (US$ Million) Forecast by End Use, 2017 to 2032
Table 18: Latin America Market Volume (Tons) Forecast by End Use, 2017 to 2032
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 20: Europe Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 21: Europe Market Value (US$ Million) Forecast by Grade, 2017 to 2032
Table 22: Europe Market Volume (Tons) Forecast by Grade, 2017 to 2032
Table 23: Europe Market Value (US$ Million) Forecast by End Use, 2017 to 2032
Table 24: Europe Market Volume (Tons) Forecast by End Use, 2017 to 2032
Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 26: Asia Pacific Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 27: Asia Pacific Market Value (US$ Million) Forecast by Grade, 2017 to 2032
Table 28: Asia Pacific Market Volume (Tons) Forecast by Grade, 2017 to 2032
Table 29: Asia Pacific Market Value (US$ Million) Forecast by End Use, 2017 to 2032
Table 30: Asia Pacific Market Volume (Tons) Forecast by End Use, 2017 to 2032
Table 31: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 32: MEA Market Volume (Tons) Forecast by Country, 2017 to 2032
Table 33: MEA Market Value (US$ Million) Forecast by Grade, 2017 to 2032
Table 34: MEA Market Volume (Tons) Forecast by Grade, 2017 to 2032
Table 35: MEA Market Value (US$ Million) Forecast by End Use, 2017 to 2032
Table 36: MEA Market Volume (Tons) Forecast by End Use, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Grade, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by End Use, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 5: Global Market Volume (Tons) Analysis by Region, 2017 to 2032
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 8: Global Market Value (US$ Million) Analysis by Grade, 2017 to 2032
Figure 9: Global Market Volume (Tons) Analysis by Grade, 2017 to 2032
Figure 10: Global Market Value Share (%) and BPS Analysis by Grade, 2022 to 2032
Figure 11: Global Market Y-o-Y Growth (%) Projections by Grade, 2022 to 2032
Figure 12: Global Market Value (US$ Million) Analysis by End Use, 2017 to 2032
Figure 13: Global Market Volume (Tons) Analysis by End Use, 2017 to 2032
Figure 14: Global Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032
Figure 15: Global Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032
Figure 16: Global Market Attractiveness by Grade, 2022 to 2032
Figure 17: Global Market Attractiveness by End Use, 2022 to 2032
Figure 18: Global Market Attractiveness by Region, 2022 to 2032
Figure 19: North America Market Value (US$ Million) by Grade, 2022 to 2032
Figure 20: North America Market Value (US$ Million) by End Use, 2022 to 2032
Figure 21: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 23: North America Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 26: North America Market Value (US$ Million) Analysis by Grade, 2017 to 2032
Figure 27: North America Market Volume (Tons) Analysis by Grade, 2017 to 2032
Figure 28: North America Market Value Share (%) and BPS Analysis by Grade, 2022 to 2032
Figure 29: North America Market Y-o-Y Growth (%) Projections by Grade, 2022 to 2032
Figure 30: North America Market Value (US$ Million) Analysis by End Use, 2017 to 2032
Figure 31: North America Market Volume (Tons) Analysis by End Use, 2017 to 2032
Figure 32: North America Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032
Figure 34: North America Market Attractiveness by Grade, 2022 to 2032
Figure 35: North America Market Attractiveness by End Use, 2022 to 2032
Figure 36: North America Market Attractiveness by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Million) by Grade, 2022 to 2032
Figure 38: Latin America Market Value (US$ Million) by End Use, 2022 to 2032
Figure 39: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 44: Latin America Market Value (US$ Million) Analysis by Grade, 2017 to 2032
Figure 45: Latin America Market Volume (Tons) Analysis by Grade, 2017 to 2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Grade, 2022 to 2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Grade, 2022 to 2032
Figure 48: Latin America Market Value (US$ Million) Analysis by End Use, 2017 to 2032
Figure 49: Latin America Market Volume (Tons) Analysis by End Use, 2017 to 2032
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032
Figure 52: Latin America Market Attractiveness by Grade, 2022 to 2032
Figure 53: Latin America Market Attractiveness by End Use, 2022 to 2032
Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 55: Europe Market Value (US$ Million) by Grade, 2022 to 2032
Figure 56: Europe Market Value (US$ Million) by End Use, 2022 to 2032
Figure 57: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 59: Europe Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 62: Europe Market Value (US$ Million) Analysis by Grade, 2017 to 2032
Figure 63: Europe Market Volume (Tons) Analysis by Grade, 2017 to 2032
Figure 64: Europe Market Value Share (%) and BPS Analysis by Grade, 2022 to 2032
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Grade, 2022 to 2032
Figure 66: Europe Market Value (US$ Million) Analysis by End Use, 2017 to 2032
Figure 67: Europe Market Volume (Tons) Analysis by End Use, 2017 to 2032
Figure 68: Europe Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032
Figure 69: Europe Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032
Figure 70: Europe Market Attractiveness by Grade, 2022 to 2032
Figure 71: Europe Market Attractiveness by End Use, 2022 to 2032
Figure 72: Europe Market Attractiveness by Country, 2022 to 2032
Figure 73: Asia Pacific Market Value (US$ Million) by Grade, 2022 to 2032
Figure 74: Asia Pacific Market Value (US$ Million) by End Use, 2022 to 2032
Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2022 to 2032
Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 77: Asia Pacific Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Grade, 2017 to 2032
Figure 81: Asia Pacific Market Volume (Tons) Analysis by Grade, 2017 to 2032
Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Grade, 2022 to 2032
Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Grade, 2022 to 2032
Figure 84: Asia Pacific Market Value (US$ Million) Analysis by End Use, 2017 to 2032
Figure 85: Asia Pacific Market Volume (Tons) Analysis by End Use, 2017 to 2032
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032
Figure 88: Asia Pacific Market Attractiveness by Grade, 2022 to 2032
Figure 89: Asia Pacific Market Attractiveness by End Use, 2022 to 2032
Figure 90: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 91: MEA Market Value (US$ Million) by Grade, 2022 to 2032
Figure 92: MEA Market Value (US$ Million) by End Use, 2022 to 2032
Figure 93: MEA Market Value (US$ Million) by Country, 2022 to 2032
Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 95: MEA Market Volume (Tons) Analysis by Country, 2017 to 2032
Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 98: MEA Market Value (US$ Million) Analysis by Grade, 2017 to 2032
Figure 99: MEA Market Volume (Tons) Analysis by Grade, 2017 to 2032
Figure 100: MEA Market Value Share (%) and BPS Analysis by Grade, 2022 to 2032
Figure 101: MEA Market Y-o-Y Growth (%) Projections by Grade, 2022 to 2032
Figure 102: MEA Market Value (US$ Million) Analysis by End Use, 2017 to 2032
Figure 103: MEA Market Volume (Tons) Analysis by End Use, 2017 to 2032
Figure 104: MEA Market Value Share (%) and BPS Analysis by End Use, 2022 to 2032
Figure 105: MEA Market Y-o-Y Growth (%) Projections by End Use, 2022 to 2032
Figure 106: MEA Market Attractiveness by Grade, 2022 to 2032
Figure 107: MEA Market Attractiveness by End Use, 2022 to 2032
Figure 108: MEA Market Attractiveness by Country, 2022 to 2032
The global tryptophan market is set to advance at a CAGR of 13.9% from 2022 to 2032.
The Tryptophan market is projected to hold a market share of USD 765 million by 2032.
Some of the key players holding major global tryptophan market share are Ajinomoto Group, Cargill Inc., CJ CheilJedang Corporation, Kyowa Hakko Bio Co., Ltd., Penta Manufacturing Company, Daesang Corporation, ADM Company, Evonik, Novus International, and Glanbia Plc.
Tryptophan Market
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