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Global L-Tyrosine Market Opportunities and Forecast 2023-2030

  •   DLR2857
  •   May, 2024
  •   Pages: 120
  •  Global

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

L-Tyrosine Market Segment
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?

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

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

Side-effects of high usage of L-tyrosine can hinder the growth of the global L-Tyrosine market

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

Capsules 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?

The Asia Pacific held the largest share in the global L-Tyrosine market

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

Zenith Nutrition, Ajinomoto North America, Inc., Evonik Industries, Hubei Bafeng Pharmaceutical, Jirong Pharm, Toronto Research Chemicals, Tianjin Tianan Pharmaceuticals. are some key players in the L-Tyrosine Market.

L-Tyrosine Market Study Global Market Analysis, Insights and Forecast, 2023-2030

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global L-Tyrosine Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Product
        • 5.2.1. Capsules
        • 5.2.2. Tablets
        • 5.2.3. Liquids
        • 5.2.4. Powders
      • 5.3. Market Analysis, Insights and Forecast – By End-Use Industry
        • 5.3.1. Pharmaceutical
        • 5.3.2. Feed
        • 5.3.3. Food
        • 5.3.4. Others
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East and Africa

      6. North America L-Tyrosine Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Product
        • 6.2.1. Capsules
        • 6.2.2. Tablets
        • 6.2.3. Liquids
        • 6.2.4. Powders
      • 6.3. Market Analysis, Insights and Forecast – By End-Use Industry
        • 6.3.1. Pharmaceutical
        • 6.3.2. Feed
        • 6.3.3. Food
        • 6.3.4. Others
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe L-Tyrosine Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Product
        • 7.2.1. Capsules
        • 7.2.2. Tablets
        • 7.2.3. Liquids
        • 7.2.4. Powders
      • 7.3. Market Analysis, Insights and Forecast – By End-Use Industry
        • 7.3.1. Pharmaceutical
        • 7.3.2. Feed
        • 7.3.3. Food
        • 7.3.4. Others
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific L-Tyrosine Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Product
        • 8.2.1. Capsules
        • 8.2.2. Tablets
        • 8.2.3. Liquids
        • 8.2.4. Powders
      • 8.3. Market Analysis, Insights and Forecast – By End-Use Industry
        • 8.3.1. Pharmaceutical
        • 8.3.2. Feed
        • 8.3.3. Food
        • 8.3.4. Others
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa L-Tyrosine Market Analysis (USD Billion), Insights and Forecast, 2023-2030

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Product
        • 9.2.1. Capsules
        • 9.2.2. Tablets
        • 9.2.3. Liquids
        • 9.2.4. Powders
      • 9.3. Market Analysis, Insights and Forecast – By End-Use Industry
        • 9.3.1. Pharmaceutical
        • 9.3.2. Feed
        • 9.3.3. Food
        • 9.3.4. Others
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2021
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Zenith Nutrition
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Ajinomoto North America, Inc.
      • 10.6. Evonik Industries
      • 10.7. Hubei Bafeng Pharmaceutical
      • 10.8. Jirong Pharm
      • 10.9. Toronto Research Chemicals

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      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      research-methodology1

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model

      research-methodology2