The newly L-Threonine market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
L-Threonine is a type of α-amino acid with the chemical formula HO2CCH(NH2)-CH(OH)CH3. Threonine has four kinds of isomer, natural existence and has a physiological role for the organism is L-Threonine. It is classified as an essential amino acid. Humans do not synthesize L-threonine, so it must be obtained through the diet.
On the basis of products, the various types include Pharmaceutical grade, Food grade, and Feed grade. On the basis of application, the L-Threonine market is segmented into Offline sales and Online sales.
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Market Insights
According to a new research study, the L-Threonine market size is expected to reach USD 1,683 million by 2026 from USD 1,148 million in 2019, with a compound annual growth rate of 5.62% during the forecast period. The growth can be mainly attributed to rising in the livestock production, product innovation, increase in consumption of dietary supplements, advanced technology, and expanding consumption of protein-rich foods in developing countries. Moreover, the rising cost of feeds and increasing demand for multi-functional threonine acids supplements in livestock nutrition are projected to drive the growth of the market. However, limited raw material supply and stringent regulation for food safety are expected to restrain the growth of the market.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Asia-Pacific is the largest market with a share of 35.27%, followed by North America and Europe, accounting for 30.11% and 29.57% respectively. The dominance of Asia-Pacific can be attributed to rising health standards, increasing customer base, and growing disposable income in this region. North America is expected to show growth in the following years, owing to people’s high awareness, increased consumption of meat and related products, the presence of major players, and the establishment of R&D and production facilities in this region.
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Competitive Players
The L-Threonine market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Meihua, Ajinomoto Group, CJ CheilJedang, Evonik, and Fufeng. Other prominent vendors in the market are NB Group, Star Lake Bioscience, Guoguang Biochemistry, GLOBAL Bio-Chem, ADM, and others.
Target Audience for this Report
l L-Threonine manufacturers
l L-Threonine importers and exporters
l L-Threonine traders, distributors, and suppliers
l Raw material suppliers of L-Threonine
l L-Threonine industry associations
l Product managers, L-Threonine industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Research & Clinical Laboratories
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of L-Threonine Market
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2 Market Trends and Competitive Landscape
3 Segmentation of L-Threonine Market by Types
4 Segmentation of L-Threonine Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of L-Threonine Market in Major Countries
7 North America L-Threonine Landscape Analysis
8 Europe L-Threonine Landscape Analysis
9 Asia Pacific L-Threonine Landscape Analysis
10 Latin America, Middle East & Africa L-Threonine Landscape Analysis
11 Major Players Profile
11.1 Meihua
11.1.1 Meihua Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Ajinomoto Group
11.3 CJ CheilJedang
11.4 Evonik
11.5 Fufeng
11.6 NB Group
11.7 Star Lake Bioscience
11.8 Guoguang Biochemistry
11.9 GLOBAL Bio-Chem
11.10 ADM
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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