Taurine is an organic acid widely distributed in animal tissues, and also exist in human beings' body. But cats cannot produce taurine by itself. There are two production method of Taurine, Ethylene Oxide Method and Ethanol Amine Method. Currently the Ethylene Oxide Method is mainstream technology of manufacturing Taurine, with a share about 87% in 2019, global Top 3 manufacturers adopt this technology due to a lower cost. Taurine has wide range of applications, such as beverage, pet food, Healthcare Products, baby milk, feed and pharmaceutical, etc. Among them beverage and Pet Food are the two largest applications, both hold a share about 73% in 2019. There are only two countries producing the Taurine, China and Japan. China is the largest producer of Taurine, about 90% for export. In terms of consumption, Asia Pacific is the largest consumer, with a share about one-third of global output. Europe and North America are the second and third. Yongan Pharmaceutical, Grand Pharma, Jiangyin Huachang, Yuanyang Pharmaceutical, Taisho Pharmaceutical are the key suppliers in the global Taurine market. Top 2 took up nearly 70% of the global market in 2019. Market Analysis and Insights: Global Taurine Market The global Taurine market is valued at US$ 188.9 million in 2019. The market size will reach US$ 189.8 million by the end of 2026, growing at a CAGR of 4.3% during 2021-2026. Global Taurine Scope and Market Size Taurine market is segmented by Technology, and by Application. Players, stakeholders, and other participants in the global Taurine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Technology and by Application for the period 2016-2027. Segment by Technology Ethylene Oxide Method Ethanol Amine Method Segment by Application Beverage Pet Food Health Care Products Others By Company Yongan Pharmaceutical Grand Pharma Jiangyin Huachang Yuanyang Pharmaceutical Taisho Pharmaceutical By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia
1 Study Coverage 1.1 Taurine Product Introduction 1.2 Market by Technology 1.2.1 Global Taurine Market Size Growth Rate by Technology 1.4.2 Ethylene Oxide Method 1.4.3 Ethanol Amine Method 1.3 Market by Application 1.3.1 Global Taurine Market Size Growth Rate by Application 1.3.2 Beverage 1.3.3 Pet Food 1.3.4 Health Care Products
