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FMI Predicts Taurine Market to Reach US$ 250 Mn towards the end of 2019

According to a new study by FMI, sales of taurine are expected to be valuated at ~US$ 250 Mn, towards the end of 2019. While gains will be underpinned by a slew of factors, including changing regulatory scenarios, the report suggests that wide applications of taurine, and research and development for the launch of innovative products will also contribute significantly to the sales of taurine in the near future.

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FMI Predicts Taurine Market to Reach US$ 250 Mn towards the end of 2019

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  1. Taurine Market March 2020 Report Id : REP-GB-2746 Published On : June 26,2019 Category : Food and Beverages www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Developing list of respondents Channel study B Developments 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Market dynamics Data collection Products      Market participants C Conclusions Key strengths Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Product portfolio Data validation Mapping as per value chain Key focus segments 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Taurine Market Analysis According to a new study by FMI, sales of taurine are expected to be valuated at ~US$ 250 Mn, towards the end of 2019. While gains will be underpinned by a slew of factors, including changing regulatory scenarios, the report suggests that wide applications of taurine, and research and development for the launch of innovative products will also contribute significantly to the sales of taurine in the near future. The study opines that taurine market primarily relies on its various applications in food, beverages, and animal feed industries. Naturally sourced taurine is high in demand compared to the synthetic one due to demand of natural products increasing along with higher absorption level of naturally sourced taurine. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Taurine Market Analysis According to the report, use of taurine in beverages is more than that in any other application. The use of taurine in beverages is the highest amongst all applications within which taurine is mostly being used in energy drinks. This is due to ongoing demand for food products and beverages globally, especially in developed countries. Applications in Animal Feed, Processed Food, and Flavouring Agents Uplift Prospects The consumption of meat and meat products is increasing across globe, due to continuous demand from developed nations and increasing demand from the developing nations. In order to fulfill the increasing demand, livestock production is becoming more commercialized. Many livestock producers are preferring to use animal feed products and ingredients to maximize meat production. Taurine is used in animal feed and pet food products to increase the nutritional content of the feed. Increasing demand for meat and meat products, therefore, is driving the global taurine market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Taurine Market Analysis But the consumption of taurine should be under the proper observation of the expert as overdosing could lead to life-threatening side effects. This can lead to a decrease in the consumption of taurine supplements and hinder the market growth. Proper regulations by the authorities could control the consumption rates and its addition to products. Food and food processing industry is flourishing due to increasing consumer preference for convenient food products. Taurine acts as an emulsifier and flavoring agent, used in various food products such as dairy, bakery, cereal, and baby products. Besides food products, taurine also finds its application in tobacco products, used as a flavoring agent. Increasing consumption of processed food products is increasing the demand for taurine in the global market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Taurine Market Analysis Taurine is also documented to be present in algae, fungi, edible seaweed, and some species of insects. There has been ongoing research for alternative sources of protein, including taurine. The research and development activities for elevating cell-associated taurine in algae can open new opportunity in global taurine market. Also, ongoing demand for natural products will boost demand for taurine in global market. Health Benefits Associated with Taurine Consumption Pushing Sales Taurine is endogenously present in brain, heart, liver of the humans and plays a vital role in few physiological processes. Its metabolic actions include bile acid conjugation, osmoregulation, and membrane stabilization. Deficiency of taurine can lead to various conditions such as cardiovascular diseases, retinal degradation, epilepsy, etc. The supplementation of taurine has been proven to be beneficial for health. Demand for dietary supplements has been increasing in the world, due to increasing health consciousness. Thus, consumption of taurine containing supplements is increasing in the market, in turn increasing demand for taurine. According to the report, demand for taurine in dietary supplements as an ingredient is growing at a high rate with a CAGR of ~5% by 2029. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Taurine Market Analysis Press Release Source: https://www.prnewswire.com/news-releases/taurine-market-is- projected-to-record-a-cagr-of-over-5--through-2029--future-market-insights- 300876014.html More from FMI’s Food and Beverages Market Intelligence: • Pea Grits Market • Probiotic Ingredients Market • Dried Mushroom Market Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep-gb-2746 Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Taurine Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. Taurine Market Analysis Contact Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

  11. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 11 © 2019 Future Market Insights, All Rights Reserved

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