Global L-Tyrosine Market Opportunities and Forecast 2023-2030

L-Tyrosine Market Overview

The global L-Tyrosine Market is expected to grow at a CAGR of 6.1% from 2023 to 2030

L-Tyrosine is an amino acid found in oats, wheat germ, dairy products, pork, and poultry.  The human body uses it to build proteins. Thyroid hormones, melanin, and neurotransmitters all need L-tyrosine as a building block. Tyrosine can be obtained through dietary proteins in dairy products, meat, fish, eggs, nuts, beans, oats, and wheat. The global L-Tyrosine market is projected to grow at a considerable rate in the forthcoming years. 
 
Tyrosine is most typically used in protein supplements to treat phenylketonuria, a hereditary condition (PKU). The global L-Tyrosine market is expected to be driven by changing lifestyles, a growing middle-class population, and a developing healthcare industry over the projected period.
 
On the negative side, the effects of high usage of L-tyrosine can hinder the growth of the global L-Tyrosine market.
 

Report Metric	Details
Market size available for years	2023–2030
Base year considered	2023
Forecast period	2024–2030
Forecast unit	Value (USD Million)
Segments Covered	Product, End-Use Industry, and Region
Regions covered	North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered	Zenith Nutrition, Ajinomoto North America, Inc., Evonik Industries, Hubei Bafeng Pharmaceutical, Jirong Pharm, Toronto Research Chemicals, Tianjin Tianan Pharmaceuticals.

Covid-19 Impact on L-Tyrosine Market
 
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
 
L-Tyrosine Market Segment Overview


Based on Product, the Capsules segment holds the largest share in the L-Tyrosine market. This is due to the growing demand for proteins from the medical sector. Furthermore, L-Tyrosine is extensively used in several healthcare segments such as in cognitive and thyroid. L-Tyrosine plays an important role in promoting healthy neurotransmitter function. Further, L-Tyrosine and its derivatives are also used in pharmaceuticals, dietary supplements, and food additives. Hence, growing demand from the pharmaceutical industry is expected to drive the L-Tyrosine market during the forecast period.
 
L-Tyrosine Market, By Product
 
·       Capsules
·       Tablets
·       Liquids
·       Powders
 
L-Tyrosine Market, By End-Use Industry

·       Pharmaceutical
·       Feed
·       Food
·       Others

L-Tyrosine Market Regional Overview

In terms of region, Asia Pacific holds a major share of the global L-Tyrosine market. This is because of the rising middle-class population and changing lifestyle of people in the region. Similarly, the market in North America is projected to enlarge at a significant rate in the forecast period. This is because of the rise in investments and the increase in the per capita income of people in the region. Furthermore, the market in Europe is expected to grow at a considerable rate in the coming period. This is mainly due to an increase in the demand from the pharmaceutical industry in the region. On the other hand, Latin America, and Middle East & Africa are anticipated to account for a noteworthy share of the global L-Tyrosine market, owing to an upsurge in the demand for L-Tyrosine from major industries in these regions such as health care and pharmaceutical.
 
L-Tyrosine Market, By Geography
 
·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
L-Tyrosine Market, Key Players

·       Zenith Nutrition
·       Ajinomoto North America, Inc.
·       Evonik Industries
·       Hubei Bafeng Pharmaceutical
·       Jirong Pharm
·       Toronto Research Chemicals
·       Tianjin Tianan Pharmaceuticals

Frequently Asked Questions (FAQ) :

Q1. What are the driving factors for the L-Tyrosine market?

Q2. What are the restraining factors for the L-Tyrosine market?

Q3. Which segment is projected to hold the largest share in the L-Tyrosine Market?

Q4. Which region holds the largest share in the L-Tyrosine market?

Q5. Which are the prominent players in the L-Tyrosine Market?