L-Tryptophan Market (Updated Version Available)

L-Tryptophan is an amino acid. For many organisms (including humans), L-Tryptophan is an essential amino acid and cannot be synthesized by the organism.

L-Tryptophan can be found in the fields of animal feed and pharmaceutical industries. The largest consumer of L-Tryptophan is feed industry. L-Tryptophan is usually the fourth limiting amino acid after lysine, threonine and the sulphur amino acids (methionine + cysteine) for piglets and very often the third one after lysine and threonine for fattening pigs.

The technical barriers of L-Tryptophan are high, and the L-Tryptophan market concentration degree is relatively higher. The manufacturing bases scatter around the world; the key companies in L-Tryptophan market include CJ, Ajinomoto, Evonik, Henan Dragon Biological and Meihua.
In the past few years, the raw material price of corn was subject to greater volatility, and in the past few months in 2015, the corn price fell. Corn prices will level off and are not expected to rise in the short term. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of L-Tryptophan. As the same time, ample export supplies and uncertainty over import demand maintained L-Tryptophan prices at relatively low levels. Therefore, to some extent, the companies face the risk of profit decline.

The report offers detailed coverage of L-Tryptophan industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading L-Tryptophan by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global L-Tryptophan market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global L-Tryptophan market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
CJ
Ajinomoto
Evonik
Henan Dragon Biological
Meihua
At the same time, we classify L-Tryptophan according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Feed Grade
Pharma Grade
Market by Application
Feed Industry
Pharmaceutical Industry
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the L-Tryptophan market for the forecast period 2021 - 2025?
• What are the driving forces in the L-Tryptophan market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the L-Tryptophan industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?