Report Code: A15463 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Taurine Market
Request Now !Taurine is a type of amino acid that is required for the body's protein synthesis. It is essential for infants' healthy development as well as individuals who are at danger of numerous disorders. Taurine is frequently added to milk for infants who are not yet old enough to manufacture it on their own. Similarly, those who are tube-fed and are on life support require enough amounts of the amino acid.
Taurine has the potential to save the lives of a number of patients. Congestive heart failure, liver illness, cystic fibrosis, and high blood pressure are all treated with it supplements. Alcoholism, autism, ADHD, epilepsy, vision disorders, and diabetes can all benefit from it.
COVID-19 Impact analysis
The taurine market is rapidly returning to pre-COVID levels, with a robust growth rate projected over the forecast period, owing to the economic recovery in most emerging countries. Unprecedented scenarios, however, as a result of the predicted third and subsequent waves, are casting a bleak picture.
Lockdowns around the world in 2020, as well as ongoing limitations in 2021, interrupted the supply chain, causing issues for Taurine manufacturers. Vendor profit margins will continue to be squeezed by fierce competition, price challenges, and altering consumer preferences.
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Taurine Market Report Highlights
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Key Market Players | Penta Manufacturing Company, Foodchem International Corporation, AuNutra Industries Inc., The Honjo Chemical Corporation, MTC Industries Inc., Stauber USA., Kyowa Hakko Bio Co., Ltd., Hebi City Hexin Chem Ind. Co., Ltd., Ajinomoto Co., Inc., Fuchi Pharmaceutical Co. Ltd, New Zealand Pharmaceuticals Ltd., JiangsuYuanyang Chemical Co. Ltd., QianjiangYongan Pharmaceutical Co., Ltd., Mitsui Chemicals, Inc. |
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