Taurine is an organic acid widely distributed in animal tissues, and also exist in human beings’ body. But cats cannot produce taurine by itself.
It is discovered that the taurine in muscles decrease rapidly after exercise, and it is better intake taurine from drinks than foods, so the energy drinks can balance help body return to normal level. To the cats, lack of taurine can cause diseases like retinal blur.
The import and export percent of this industry is very high. China is the largest producer in the world, approximately more 85 percent of taurine products for export, but domestic consumption less than 15%. The United States is the largest consumer, and Japan ranks the third, after EU. The rest of consumers include South Korea, Taiwan and SE Asia etc
The global Taurine market is valued at 180 million US$ in 2018 and will reach 240 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Taurine market based on company, product type, end user and key regions.
This report studies the global market size of Taurine in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Taurine in these regions.
This research report categorizes the global Taurine market by top players/brands, region, type and end user. This report also studies the global Taurine market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by Product
Market size by End User
Health Care Products
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Taurine market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Taurine market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Taurine companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Taurine submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Taurine are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Taurine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.