Global Taurine Market By Product Type (Food Grade, And Pharmaceutical Grade), By Application (Health Care Products, Pet Food Beverage, And Others), By Region, And Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends And Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Taurine Market By Product Type (Food Grade, And Pharmaceutical Grade), By Application (Health Care Products, Pet Food Beverage, And Others), By Region, And Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends And Forecast 2018-2028 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Taurine Market by Product Type (Food Grade, and Pharmaceutical Grade), By Application (Health Care Products, Pet Food Beverage, and Others) and by Region -Global Forecast to 2030, which offers a holistic view of the global Taurine market through systematic segmentation that covers every aspect of the target market.

The global Taurine market is projected to be US$ 248.6 Mn in 2020 to reach US$ 477.02 Mn by 2030 at a CAGR of 6.7%.

Taurine also is known as 2-aminoethanesulfonic acid, is an organic compound obtained through ammonolysis of isethionic acid (2-hydroxyethanesulfonic acid). It is a type of amino acid present in most mammalian tissues and is essential for building protein blocks in the body. It acts as, detoxifier, antioxidants, membrane stabilizer and is a major constituent of bile. It is an amino acid, essential for cardiovascular functions, skeleton muscles, retina and even for development and function of the central nervous system. Taurine is best known as a health supplement, owing to which it is used in various products. Taurine holds significant applications in the industries such as cosmetic, healthcare, and food industry.

The global taurine market is expected to grow steadily during the forecast period, and demand for taurine is expected to remain robust in emerging economies, owing to a favorable economic environment. In terms of healthcare industries, as taurine is essential for building protein blocks in the body, it is vital for the healthy growth of infants and those at risk from various diseases. Similarly, people on life support and those who are tube-fed also require a healthy amount of amino acid, and taurine holds life-saving potential for several patients which is expected to augment the growth of the target market over the forecasted timeframe. In addition to this, growing trends regarding fitness, bodybuilding, and personal health are also driving demand for taurine as it is extensively used in health supplements that enhance alertness, prevent dehydration, improve heart health and reduces blood pressure. Furthermore, increasing consumption of protein supplement amongst athletes and sports persons is also expected to impact the growth of the global taurine market positively. In addition, taurine is used as ingredients amongst several health drinks and energy drinks, which is expected to supplement the market growth.


Global Taurine Market Revenue (US$ Mn), 2021 to 2030


Increasing demand for food and beverages, owing to substantial growth in population has led to an expansion of the food and beverages industry globally, which is another factor ascending demand for taurine during the forecast period

In addition, Increasing focus towards personal grooming has led a strong demand for cosmetics from both women and men, coupled with significant growth in the number of women in the workforce has also resulted in a thriving advancement of the global cosmetics industry, which is another factor affecting the target market growth positively.

However, Taurine is majorly used in consumables such as food and beverages, pharmaceuticals, etc. which are strongly monitored by food and drug authorities. Regulatory compliances and several approvals, particularly in developed economies, may challenge the growth of smaller players in the global taurine market, thereby challenging the growth of the market


Global Taurine Market by Product Type, 2018


On the basis of product type, the market is segmented food grade and pharmaceutical grade. The food-grade segment accounts for the majority share in the global Taurine market.
On the basis of region, the market is segmented into the USA, Europe, China, Japna, India, Southeast Asia, South America, South Africa, and Rest of World. The USA accounts majority share in the global Taurine market.

The research report on the global Taurine market includes profiles of some of the major companies such as Qianjiang Yongan Pharmaceutical Co., Ltd., The Honjo Chemical Corporation, Jiangyin Huachang Food Additive Co.,Ltd, Taisho Pharmaceutical Holdings Co., Ltd., Jiangsu Yuanyang Pharmaceutical co., ltd., China grand pharmaceutical and healthcare holdings limited, and other key players.



Below are the active patents related to Taurine Market.


Patent Number: US9108907B1

Process for the production of taurine from ethanol

Abstract

The present invention discloses a process for the preparation of taurine from ethionic acid and ethanol by way of ethanol-derived ethionic acid by the ammonolysis of ethionic acid and by the ammonolysis of sodium isethionate and sodium vinyl sulfonate, key intermediates prepared from ethionic acid.

Application File Date: 2014-01-29

Application Granted Date: 2015-08-18

Current Assignee: Vitaworks IP LLC

Patent Number: CN104725284A

Novel preparation method for natural taurine

Abstract

The invention provides a novel preparation method for natural taurine. The novel preparation method comprises the following steps: collecting an aquatic product water extract, concentrating the aquatic product water extract, obtaining precipitates and liquid supernatant after adding alcohol, and concentrating the liquid supernatant after extracting the liquid supernatant; putting the obtained concentrated liquor to crystallize under a low-temperature environment to obtain a taurine crude product; re-crystallizing the taurine crude product to obtain a wet fine product, and drying the wet fine product to obtain a finished product. The novel preparation method aims to overcome the problems that raw materials for preparing the natural taurine by a current biological extraction method are less in source and relatively high in price, overcome the problems that a process for preparing the natural aurine by adopting a conventional ion exchange method is complex in process, needs large-scale equipment, is high investment, high in cost and large in environmental pollution, and overcome the defects that a current simple prperation method for preparing the natural taurine is large in alcohol consumption amount and relatively difficult to realize industrialization.

Application File Date: 2015-03-06

Application Granted Date: 2016-06-29

Current Assignee: Jimei University

Patent Number: CN103342669B

Simple method for extracting natural taurine

Abstract

The invention provides a simple method for extracting natural taurine. The invention is characterized by comprising the following steps: raw material pretreatment: after cleaning seashells, boiling at high temperature, collecting the soup, and concentrating; impurity removal with ethanol: adding ethanol into the concentrated soup to obtain a precipitate and a supernatant; concentrating the supernatant to obtain a concentrated solution; crystallization: adding 3-4 times by volume of anhydrous ethanol into the concentrated solution, immediately carrying out vacuum filtration for impurity removal, standing the filtrate at 4 DEG C to crystallize for more than 24 hours, carrying out vacuum filtration, and drying the solid to obtain the taurine coarse crystal; and for enhancing the purity of the taurine, carrying out recrystallization one or more times as required. The method provided by the invention can effectively utilize seashell processing byproducts and enhance the utilization ratio of ocean resources. The invention has the advantages of simple technique, low extraction cost, high extraction rate, energy saving and environmental protection. The ethanol used in the method can be recycled, thereby being beneficial to industrialized production.

Application File Date: 2013-07-08

Application Granted Date: 2014-10-22

Current Assignee: Jimei University

Key Market Segments:

By Type

  
Food grade
  
Pharmaceutical grade

By Source

  
Synthetic
  
Natural

  
Bovine & Ovine animals
  
Aquatic animals



By Application

  
Food & Beverages
  
Animal feed
  
Dietary supplements
  
Cosmetics and personal care
  
Dietary supplements
  
Agriculture
  
pharmaceuticals


Key Market Players included in the report:


  
A M Nutratech Private Limited
  
A. B. Enterprises.
  
Aakriti Trading Company
  
Advance Inorganics.
  
Ajinomoto Co., Inc.
  
Antares Chem Private Limited.
  
Atlantic Chemicals Trading GmbH
  
Avanscure Lifesciences Pvt. Ltd.
  
AWELL INGREDIENTS CO., LTD.
  
Chemit Laboratories
  
China Grand Pharmaceutical
  
Dr. Behr GmbH
  
Falken Trade
  
Fuchi Pharmaceutical Co., Ltd.
  
Hangzhou FST Pharmaceutical Co Ltd
  
Healthcare Holdings Limited.
  
Honjo Chemical
  
Jiangsu Yuanyang Pharmaceutical Co Ltd
  
Jiangyin Huachang Food Additive Co Ltd
  
Qingdao Aufeng International Company Limited
  
Shayang Tianyi Medicine Industry Co Ltd.
  
Taisho Pharmaceutical Holdings Co.,LTD
  
TER HELL & CO. GMBH
  
The Honjo Chemical Corporation
  
Tycoon Company Limited


Below are the key development related to Taurine Market in 2020 and 2021.


May 2021: Mankind Pharmas Health OK observes tremendous response from market. Mankind Pharma has expanded its OTC range of products last month. ‘Health OK’, a multivitamin and minerals tablet launched in 2013 as a part of the drug category, has now been incorporated in the OTC category as a food supplement. In a span of a month, it has observed tremendous response from the market. Health OK’ tablets with their unique formulations of Natural Ginseng and Taurine helps in maintaining energy and 20 multivitamin and minerals for improving overall health.Speaking on the initiative, Joy Chatterjee, General Manager- Sales and Marketing, Mankind Pharma said, “The COVID-19 pandemic has made us realise to focus on our overall health and immunity. If a person has weak immunity he/she is more prone to get the infection. Hence, it is advised to take health supplements to build immunity which helps us fight against the infection. We are quite pleased with the fact that consumers are being aware of this, and have shown trust towards ‘Health OK tablets’, which builds immunity and overall health among people. The brand is fully committed to satisfy the aspiring needs and help consumers to get the best quality products. Source

June 2021: Thailand’s leading energy drink manufacturer unveils new product aimed at women. Osotspa Public Company Limited, Thailands leading manufacturer and distributor of consumer products, with a growing reputation in the energy drinks market, has announced the launch of Lipo-fine, an energy drink created especially for modern women. Boasting 0% sugar, the mixed-berry flavour drink has been created as a delicious and refreshing beverage that can be drunk every day but still meets the needs of women who enjoy living life to the full while still maintaining their health and fitness. Mrs. Wannipa Bhakdibutr, President of Osotspa Public Company Limited, said: “The amount of money spent, per buyer, on energy drinks among female consumers continues to grow. Women need something to boost their energy, so they can enjoy their activities throughout the day with confidence while always feeling energised. In addition, the spread of Covid-19 makes it more important for consumers to maintain their health, and so they are inclined to spend more on products with health benefits. This provides a marketing opportunity for energy drink products that cater to the needs of women. Osotspa has partnered with Taisho Pharmaceutical to launch a new product inspired from Japan called “Lipo-fine,” an energy drink for women with 0% sugar in a mixed berries flavour, offering a new consumption experience for Thai women. Mr. Yukio Sawada, Executive Vice President of Osotspa Taisho Pharmaceutical Co., Ltd. said: “We are proud to have taken part in offering an energy drink for women. As Lipo-fine was developed to offer a sweet and sour mixed-berry flavour designed to suit the taste of Thai women, we are confident that it will be as widely accepted here, as Lipo-fine is in Japan. Packed with 1000mg of Japanese quality taurine, an amino acid renowned for its powerful rejuvenating qualities, the sugar-free Lipo-fine is the perfect solution for women who need to stay energised, refreshed and at the top of their game, all day – every day. Source

May 2020: US WorldMeds Launches GELX® ORAL GEL, a Zinc-Taurine Bioactive Barrier Therapy for Oral Mucositis Caused by Cancer Treatment. LOUISVILLE, Ky. US WorldMeds, LLC announced the launch of GELX® ORAL GEL, a Zinc-Taurine bioactive barrier therapy for the management and relief of oral pain associated with oral mucositis. With GELX, theres a treatment available that biomechanically protects against intraoral pain," said P. Breckinridge Jones, CEO of US WorldMeds, "and can help many patients manage inflammation of oral mucositis and complete their radiation and chemotherapy cancer treatments. Oral Mucositis (OM) is an inflammation and ulceration of the mucosal membranes in the mouth and throat. OM is a common side effect and serious complication for patients receiving radiation and chemotherapy cancer treatments. Over time, OM worsens and can be difficult to manage.2-4 . Oral mucositis can significantly disrupt the daily lives of patients. Serious OM complications include intolerable pain and inflammation, increased risk of infections, malnutrition, dehydration, difficulty speaking, and increased use of narcotics. Severe cases of OM may result in the interruption of a patients oncology treatment schedule, which may compromise the efficacy of cancer therapy and patient survival.2-4GELX ORAL GEL is a bioactive therapy that can build an effective barrier against the pain and inflammation of OM. It biomechanically protects against intraoral pain, coating exposed nerve endings and open sores. Through a polyvinylpyrrolidone delivery system, which can improve the release rate and solubility of drugs, GELX supplies the mucosal environment with a bioactive Zinc-Taurine Complex that is known to hinder and delay the inflammatory cycle of oral mucositis.5. Source

February 2020: Petcurean adds 3 solutions-based dog diets to GO! line. Petcurean, a Canadian manufacturer of pet food and treats, launched three new solutions-based dog diets on Feb. 26 during Global Pet Expo, adding to its extensive GO! Solutions line. The formulas include skin and coat care with duck and grains; skin and coat care with turkey and grains; and a small breed-specific, limited-ingredient sensitive stomach line with salmon that is grain-free. The formulas include skin and coat care with duck and grains; skin and coat care with turkey and grains; and a small breed-specific, limited-ingredient sensitive stomach line with salmon that is grain-free. The two diets focused on supporting skin and coat health are free from legumes or potatoes, but are grain-inclusive, featuring oatmeal, brown rice and whole oats. They complement Petcurean’s existing skin and coat lamb dog food, which is also grain-friendly and legume- and potato-free. Petcurean’s new skin and coat diets also include added taurine, whole dried egg as a source of amino acids, antioxidants from apples, carrots and cranberries, and probiotics and prebiotic fiber to support digestion. The three skin and coat care diets include the same general ingredients, with the protein source being the main difference, making them a good option for rotational feeding, Source