Taurine End-use Analysis Market - Forecast(2021 - 2026)

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Taurine End-use Analysis Market Overview

Taurine End-use Analysis Market size is $235Mn in 2019, growing at a CAGR of 6.7% during the forecast period 2020-2025. Taurine is an amino-sulfonic acid that is naturally found in the body. It is concentrated in brain, eyes, heart and muscles in particular. It is located in the heart, retinas, and skeletal muscle tissues of the spinal cord, brain, muscle cells, and controls the cells in the body, stabilizes the membranes of the cells, creates bile salts, and changes the calcium inside the cells. Individuals with diabetes may benefit from taurine, potentially reducing blood sugar levels and improving different risk factors like heart diseases. By decreasing the blood flow resistance in blood vessel walls, taurine will help lower high blood pressure. It may also decrease the brain's nerve impulses that raise blood pressure. For highly qualified athletes as well as average young people, taurine power drinks and supplements are also important to push themselves towards their goals.

Report Coverage

The report: “Taurine End-use Analysis Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Taurine End-use Analysis Market. 
By Type: Food Grade and Pharmaceutical Grade.
By Source: Bovine and Ovine Animals and Aquatic Animals.
By Application: Dietary Supplements, Cosmetics and Personal Care - Skin care products, Hair care products and Toiletries, Beverages - Energy drinks, Caffeinated Drinks and Soft and Carbonated Drinks, Agricultural, Pharmaceuticals, Dairy Products and Others.
By Geography: North America, Europe, Asia-Pacific and Rest of the World.

Key Takeaways

  • Health consciousness is expected to drive demand in the global taurine market by rising expectations related to personal growth globally, coupled with growing demand for cosmetics.
  • The growth of the market is driven by the rising value of taurine as a supplement, its many life-saving medical benefits, and its rising commercial application as an energy booster.
  • North America region is projected to record the fastest growth rate during the forecast period during the forecast period 2020-2025.

Taurine End-use Analysis Market Segment Analysis - By Application

In 2019, Beverages segment dominated the Taurine End-use Analysis Market in terms of revenue is estimated to grow at a CAGR of 7.3%. Taurine is highly used in sports nutrition, especially in energy drinks, which has led to a high demand for taurine in developed regions. Taurine is added to soda and energy drinks which may provide 600–1,000 mg in a single 8-ounce (237-ml) serving. In human breast milk and in much lower amounts in cow's milk, taurine is present in high concentrations and improves mental output. Other chemicals, such as caffeine, are also present in most energy drinks that contain taurine. Among teenagers, energy drinks are more popular. Consumption of energy drinks is heavily influenced by the view of consumers about energy drinks, weight status and socio-demographics which further increases the demand for taurine and aids towards the growth of the market.

Taurine End-use Analysis Market Segment Analysis - Geography

In 2019, the Europe region dominated Taurine End-use Analysis Market in terms of revenue with a market share of 37% owing towards rising public & private funding for R&D in this region. Fueling the market for energy drinks and taurine-based supplements is expected to be increasingly critical for fitness, rising disposable income, and a competitive lifestyle. As skin care and treatment become more relevant in choosing a partner, the cosmetic industry in the area is also increasing in this region. Government has taken initiatives to promote technological advancements and initiatives to escalate the product development process are key factors in the growth of the Taurine End-use Analysis market. North America is expected to record the fastest growth rate during the forecast period 2020-2025. 

Taurine End-use Analysis Market Drivers

Increased Popularity of Plant-based and Natural Products

The increasing demand for dietary supplements owing to increasing health consciousness is driving the market’s growth. Consumers preference towards packaged goods with the experience and influence of the ingredients used is driving the market. Chemical synthesis, the method of ethylene oxide, provides about 90% of the taurine supplied to the global market. Owing to the health halo surrounding plant-based ingredients and products, the preference for natural and plant-based products is growing around the world.

Taurine End-use Analysis Market Challenges

Major Regulatory Concerns 

Regulatory concerns regarding usage of Taurine End-use Analysis and growing stringent government policy and regulation towards the quantity of taurine being used in application is restraining growth of the market. Lack of sufficient storage facilities, vulnerability to leaching and transportation with high cost is hindering the market’s growth. 

Taurine End-use Analysis Industry Outlook 

Product Launches was the key strategy of the players in the Taurine End-use Analysis Industry. Taurine End-use Analysis top 10 companies include MTC Industries Inc., Stauber USA., Foodchem International Corporation, The Honjo Chemical Corporation, Qianjiang Yongan Pharmaceutical Co., Ltd., Pharmaceuticals Ltd., Ajinomoto Co., Inc., Kyowa Hakko Bio Co., Ltd., Jiangsu Yuanyang Chemical Co., Ltd. and Fuchi Pharmaceutical Co., Ltd.

Acquisitions/Product Launches

  • In September 2020, Stauber USA, launched Aquamin Plus. It improved the patients overall quality of life, reduced their pain level, increased the distance they could walk, improved the number of stand and walk for a distance performed over a given time range, and reduced the patients.

1. Taurine End-Use Analysis Market Overview
    1.1 Definitions and Scope
2. Taurine End-Use Analysis Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Application
    2.3 Key trends by Source
    2.4 Key rends by Geography
3. Taurine End-Use Analysis Market 
    3.1 Market Share Analysis
    3.2 Comparative Analysis
        3.2.1 Product Benchmarking – Key Companies
        3.2.2 Patent Analysis
        3.2.3 Pricing Analysis
        3.2.4 Financial Analysis– Key Companies
4. Taurine End-Use Analysis Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Taurine End-Use Analysis Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Taurine End-Use Analysis Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Taurine End-Use Analysis Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Taurine End-Use Analysis Market – By Type (Market Size – $Million/$Billion)
    8.1 Food Grade
    8.2 Pharmaceutical Grade 
9. Taurine End-Use Analysis Market – By Source (Market Size – $Million/$Billion)
    9.1 Bovine and Ovine Animals
    9.2 Aquatic Animals
10. Taurine End-Use Analysis Market – By Application (Market Size – $Million/$Billion)
    10.1 Dietary Supplements
    10.2 Cosmetics and Personal Care
        10.2.1 Skin care products
        10.2.2 Hair care products
        10.2.3 Toiletries
    10.3 Beverages
        10.3.1 Energy drinks
        10.3.2 Caffeinated Drinks
        10.3.3 Soft and Carbonated Drinks
    10.4 Agricultural
    10.5 Pharmaceuticals
    10.6 Dairy Products
    10.7 Others
11. Taurine End-Use Analysis Market - By Geography (Market Size – $Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Taurine End-Use Analysis Market - Entropy
13. Taurine End-Use Analysis Market – Industry/Segment Competition Landscape Premium 
    13.1 Market Share Analysis
        13.1.1 Market Share by Region – Key companies
        13.1.2 Market Share by Countries – Key Companies
        13.1.3 Best Practices for Companies
14. Taurine End-Use Analysis Market – Key Company List by Country Premium Premium
15. Taurine End-Use Analysis Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Taurine Market Analysis and Forecast , by Source Market 2019-2024 ($M)
1.1 By Source, Market 2019-2024 ($M) - Global Industry Research
1.1.1 Synthetic Market 2019-2024 ($M)
1.1.2 Natural Market 2019-2024 ($M)
2.Global Competition Analysis Market 2019-2024 ($M)
2.1 Competitive Benchmarking Market 2019-2024 ($M) - Global Industry Research
2.2 Competition Deep-dive Market 2019-2024 ($M) - Global Industry Research
2.2.1 MTC Industries Inc. Market 2019-2024 ($M)
2.2.2 Stauber USA. Market 2019-2024 ($M)
2.2.3 Foodchem International Corporation Market 2019-2024 ($M)
2.2.4 The Honjo Chemical Corporation Market 2019-2024 ($M)
2.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
2.2.6 Pharmaceuticals Ltd. Market 2019-2024 ($M)
2.2.7 Ajinomoto Co., Inc. Market 2019-2024 ($M)
2.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 ($M)
2.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 ($M)
2.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
2.2.11 Penta Manufacturing Company Market 2019-2024 ($M)
2.2.12 Mitsui Chemicals, Inc. Market 2019-2024 ($M)
2.2.13 AuNutra Industries Inc. Market 2019-2024 ($M)
3.Global Taurine Market Analysis and Forecast , by Source Market 2019-2024 (Volume/Units)
3.1 By Source, Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Synthetic Market 2019-2024 (Volume/Units)
3.1.2 Natural Market 2019-2024 (Volume/Units)
4.Global Competition Analysis Market 2019-2024 (Volume/Units)
4.1 Competitive Benchmarking Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Competition Deep-dive Market 2019-2024 (Volume/Units) - Global Industry Research
4.2.1 MTC Industries Inc. Market 2019-2024 (Volume/Units)
4.2.2 Stauber USA. Market 2019-2024 (Volume/Units)
4.2.3 Foodchem International Corporation Market 2019-2024 (Volume/Units)
4.2.4 The Honjo Chemical Corporation Market 2019-2024 (Volume/Units)
4.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 (Volume/Units)
4.2.6 Pharmaceuticals Ltd. Market 2019-2024 (Volume/Units)
4.2.7 Ajinomoto Co., Inc. Market 2019-2024 (Volume/Units)
4.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 (Volume/Units)
4.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 (Volume/Units)
4.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 (Volume/Units)
4.2.11 Penta Manufacturing Company Market 2019-2024 (Volume/Units)
4.2.12 Mitsui Chemicals, Inc. Market 2019-2024 (Volume/Units)
4.2.13 AuNutra Industries Inc. Market 2019-2024 (Volume/Units)
5.North America Taurine Market Analysis and Forecast , by Source Market 2019-2024 ($M)
5.1 By Source, Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Synthetic Market 2019-2024 ($M)
5.1.2 Natural Market 2019-2024 ($M)
6.North America Competition Analysis Market 2019-2024 ($M)
6.1 Competitive Benchmarking Market 2019-2024 ($M) - Regional Industry Research
6.2 Competition Deep-dive Market 2019-2024 ($M) - Regional Industry Research
6.2.1 MTC Industries Inc. Market 2019-2024 ($M)
6.2.2 Stauber USA. Market 2019-2024 ($M)
6.2.3 Foodchem International Corporation Market 2019-2024 ($M)
6.2.4 The Honjo Chemical Corporation Market 2019-2024 ($M)
6.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
6.2.6 Pharmaceuticals Ltd. Market 2019-2024 ($M)
6.2.7 Ajinomoto Co., Inc. Market 2019-2024 ($M)
6.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 ($M)
6.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 ($M)
6.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
6.2.11 Penta Manufacturing Company Market 2019-2024 ($M)
6.2.12 Mitsui Chemicals, Inc. Market 2019-2024 ($M)
6.2.13 AuNutra Industries Inc. Market 2019-2024 ($M)
7.South America Taurine Market Analysis and Forecast , by Source Market 2019-2024 ($M)
7.1 By Source, Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Synthetic Market 2019-2024 ($M)
7.1.2 Natural Market 2019-2024 ($M)
8.South America Competition Analysis Market 2019-2024 ($M)
8.1 Competitive Benchmarking Market 2019-2024 ($M) - Regional Industry Research
8.2 Competition Deep-dive Market 2019-2024 ($M) - Regional Industry Research
8.2.1 MTC Industries Inc. Market 2019-2024 ($M)
8.2.2 Stauber USA. Market 2019-2024 ($M)
8.2.3 Foodchem International Corporation Market 2019-2024 ($M)
8.2.4 The Honjo Chemical Corporation Market 2019-2024 ($M)
8.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
8.2.6 Pharmaceuticals Ltd. Market 2019-2024 ($M)
8.2.7 Ajinomoto Co., Inc. Market 2019-2024 ($M)
8.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 ($M)
8.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 ($M)
8.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
8.2.11 Penta Manufacturing Company Market 2019-2024 ($M)
8.2.12 Mitsui Chemicals, Inc. Market 2019-2024 ($M)
8.2.13 AuNutra Industries Inc. Market 2019-2024 ($M)
9.Europe Taurine Market Analysis and Forecast , by Source Market 2019-2024 ($M)
9.1 By Source, Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Synthetic Market 2019-2024 ($M)
9.1.2 Natural Market 2019-2024 ($M)
10.Europe Competition Analysis Market 2019-2024 ($M)
10.1 Competitive Benchmarking Market 2019-2024 ($M) - Regional Industry Research
10.2 Competition Deep-dive Market 2019-2024 ($M) - Regional Industry Research
10.2.1 MTC Industries Inc. Market 2019-2024 ($M)
10.2.2 Stauber USA. Market 2019-2024 ($M)
10.2.3 Foodchem International Corporation Market 2019-2024 ($M)
10.2.4 The Honjo Chemical Corporation Market 2019-2024 ($M)
10.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
10.2.6 Pharmaceuticals Ltd. Market 2019-2024 ($M)
10.2.7 Ajinomoto Co., Inc. Market 2019-2024 ($M)
10.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 ($M)
10.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 ($M)
10.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
10.2.11 Penta Manufacturing Company Market 2019-2024 ($M)
10.2.12 Mitsui Chemicals, Inc. Market 2019-2024 ($M)
10.2.13 AuNutra Industries Inc. Market 2019-2024 ($M)
11.APAC Taurine Market Analysis and Forecast , by Source Market 2019-2024 ($M)
11.1 By Source, Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Synthetic Market 2019-2024 ($M)
11.1.2 Natural Market 2019-2024 ($M)
12.APAC Competition Analysis Market 2019-2024 ($M)
12.1 Competitive Benchmarking Market 2019-2024 ($M) - Regional Industry Research
12.2 Competition Deep-dive Market 2019-2024 ($M) - Regional Industry Research
12.2.1 MTC Industries Inc. Market 2019-2024 ($M)
12.2.2 Stauber USA. Market 2019-2024 ($M)
12.2.3 Foodchem International Corporation Market 2019-2024 ($M)
12.2.4 The Honjo Chemical Corporation Market 2019-2024 ($M)
12.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
12.2.6 Pharmaceuticals Ltd. Market 2019-2024 ($M)
12.2.7 Ajinomoto Co., Inc. Market 2019-2024 ($M)
12.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 ($M)
12.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 ($M)
12.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
12.2.11 Penta Manufacturing Company Market 2019-2024 ($M)
12.2.12 Mitsui Chemicals, Inc. Market 2019-2024 ($M)
12.2.13 AuNutra Industries Inc. Market 2019-2024 ($M)
13.MENA Taurine Market Analysis and Forecast , by Source Market 2019-2024 ($M)
13.1 By Source, Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Synthetic Market 2019-2024 ($M)
13.1.2 Natural Market 2019-2024 ($M)
14.MENA Competition Analysis Market 2019-2024 ($M)
14.1 Competitive Benchmarking Market 2019-2024 ($M) - Regional Industry Research
14.2 Competition Deep-dive Market 2019-2024 ($M) - Regional Industry Research
14.2.1 MTC Industries Inc. Market 2019-2024 ($M)
14.2.2 Stauber USA. Market 2019-2024 ($M)
14.2.3 Foodchem International Corporation Market 2019-2024 ($M)
14.2.4 The Honjo Chemical Corporation Market 2019-2024 ($M)
14.2.5 Qianjiang Yongan Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
14.2.6 Pharmaceuticals Ltd. Market 2019-2024 ($M)
14.2.7 Ajinomoto Co., Inc. Market 2019-2024 ($M)
14.2.8 Kyowa Hakko Bio Co., Ltd. Market 2019-2024 ($M)
14.2.9 Jiangsu Yuanyang Chemical Co., Ltd. Market 2019-2024 ($M)
14.2.10 Fuchi Pharmaceutical Co., Ltd. Market 2019-2024 ($M)
14.2.11 Penta Manufacturing Company Market 2019-2024 ($M)
14.2.12 Mitsui Chemicals, Inc. Market 2019-2024 ($M)
14.2.13 AuNutra Industries Inc. Market 2019-2024 ($M)

LIST OF FIGURES

1.US Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
2.Canada Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
3.Mexico Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
4.Brazil Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
5.Argentina Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
6.Peru Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
7.Colombia Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
8.Chile Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
9.Rest of South America Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
10.UK Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
11.Germany Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
12.France Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
13.Italy Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
14.Spain Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
15.Rest of Europe Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
16.China Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
17.India Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
18.Japan Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
19.South Korea Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
20.South Africa Taurine End-use Analysis Market Revenue, 2019-2024 ($M)
21.North America Taurine End-use Analysis By Application
22.South America Taurine End-use Analysis By Application
23.Europe Taurine End-use Analysis By Application
24.APAC Taurine End-use Analysis By Application
25.MENA Taurine End-use Analysis By Application