15 February 2019
The global taurine market is expected to exhibit strong growth in the years to come owing to increasing awareness regarding health benefits of taurine. It comprises properties, such as detoxifier, antioxidant, bile acids, and membrane stabilizer. It is an amino acid which is essential for cardiovascular function, and development and function of central nervous system, skeletal muscle, and retina. Increasing demand for this compound in pharmaceutical, food, and cosmetics industries can boost market growth in coming years.
Growing trend of body building and fitness is also fueling the demand for taurine as it is used in health supplements that enhance alertness, prevent dehydration, reduce blood pressure, and improve heart health. Increasing consumption of protein supplements among sports persons and athletes is also expected to drive the market in the coming years. In addition, growing trend of energy drinks is expected to supplement market growth. Taurine is used as an ingredient in energy drinks, which improves physical activity. For instance, energy drinks, such as Red Bull, is consumed in several developed as well as developing countries. Taurine can also be combined with caffeine, which helps in improving mental performance.
Taurine ensures a balanced and complete diet for animals. Rising demand for this compound in the pet food and energy drink industry is also expected to bode well for the market. The pharmaceutical industry utilizes taurine as a conditional amino acid element in the making of hypoglycemic drugs, antihypertensive drugs, and cardiac drugs. The compound is also used in several cosmetic products as it helps in reducing wrinkles and fine lines. Rising demand for cosmetics due to growing awareness of healthy skin is likely to fuel demand for the compound. For instance, Clinique Launches Clinique iD, a personalized moisturizer range to address skin concerns, such as irritation, uneven skin tone, pores/uneven texture, fatigue, and lines and wrinkles. The performance of Clinique iD is driven by five Active Cartridge Concentrates, such as Irritation (green cartridge), Fatigue (orange cartridge), Pores & Uneven Skin Texture (blue cartridge), Uneven Skin Tone (white cartridge), Lines & Wrinkles (purple cartridge). Fatigue (orange cartridge) contains a concentrated level of taurine.
Browse Details of Report @ https://www.hexaresearch.com/research-report/taurine-market
Demand for taurine is growing all over the world. North America and Europe are expected to expand substantially on account of growth of the cosmetics industry and rise in health awareness. Asia Pacific is anticipated to grow at a rapid pace in the coming years. China has established itself as one of the strong contenders in the amino acid market. Numerous manufacturers are outsourcing their taurine production to China and hunting low-priced suppliers in this country.
Some of the leading companies operating in the taurine market are Shayang Tianyi Medicine Industry Co Ltd, Hangzhou FST Pharmaceutical Co Ltd, Jiangsu Yuanyang Pharmaceutical Co Ltd, The Honjo Chemical Corporation, and Tycoon Company Limited.
For instance, Tianyun International Holdings Limited, a seller and manufacturer of processed fruits products in China, entered into a strategic cooperation agreement with Tai Wei Beverage Joint Stock Company Limited in January 2018. Both the companies will jointly produce and sell X-Bear Energy Drinks (“X-Bear”). X-Bear Energy Drinks series are functional drinks, offering two product categories, such as energy drinks and energy fruit tea. The Energy Drinks series are bubbly with a slight sweet and sour taste. They comprise vitamin B3 and vitamin B6, taurine, and guaranine. The product is suitable for pre- and post- sports, people with high activity level, students, and working population.
Browse Related Reports:
Citric Acid Market: The global citric acid market is expected to reach USD 5.73 billion by 2024 driven by its increasing use in food & beverages and household detergents & cleaners.
Cellulose Acetate Butyrate (CAB) Market: Increasing construction activities and growing automobile production are expected to bolster the growth of the Cellulose Acetate Butyrate Market further.
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
More Information Visit @ www.hexaresearch.com
Company Name: Hexa Research
Contact Person: Ryan Shaw
Email: Send Email
Phone: +1-408-342-1548, Toll Free:+1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
Country: United States