The global taurine market size reached around USD 412.65 Million in 2023. The market is projected to grow at a CAGR of 6.50% between 2024 and 2032 to reach nearly USD 727.32 Million by 2032.
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According to estimates from IFIF, global production of compound feed has surpassed 1 billion tonnes annually. The leading 10 countries in feed production account for 65% of the total global output, generating 799.1 million tonnes of feed. Notably, feed production in these nations has witnessed an increase of 4.4%, in contrast to the 2.3% growth observed worldwide. Taurine plays a crucial role in animal feed, especially for cats, as they are unable to produce it naturally. It is vital for maintaining heart health, vision, and reproductive functions in felines. In the realm of aquaculture, taurine contributes to enhanced growth, immunity, and survival rates in fish and shrimp, thereby boosting overall productivity. For livestock, taurine is beneficial in reducing stress and supporting metabolism. With the rise in pet ownership and the growing emphasis on sustainable aquaculture, taurine's significance in animal feed is becoming increasingly important, ensuring optimal health and performance for animals across various sectors.
Over the last five years, the global consumption of medications has risen by 14%, with an anticipated additional increase of 12% by 2028, resulting in an annual total of 3.8 trillion defined daily doses. Taurine is extensively employed in the pharmaceutical sector due to its therapeutic benefits. It contributes to cardiovascular health by managing blood pressure and enhancing heart performance. Furthermore, it plays a role in liver detoxification, offers neurological protection, and helps mitigate oxidative stress. Taurine is also used in the treatment of various conditions, including epilepsy, diabetes, and macular degeneration, highlighting its multifaceted role in promoting overall health and well-being.
Value in USD Million
2024-2032
Taurine Market Outlook
*this image is indicative*
The taurine market growth can be attributed to rising health awareness, increasing demand for energy drinks and sports nutrition, the expansion of the pharmaceutical and cosmetic sectors, the increasing demand for functional food, and the growing use of taurine in pet nutrition
An increasing number of individuals are prioritising health and wellness, resulting in a heightened demand for taurine in dietary supplements and functional foods. Taurine plays a crucial role in supporting nerve function, muscle health, and the cardiovascular system, which has made it a favoured choice among health-conscious consumers.
Taurine is frequently incorporated into energy drinks and sports supplements due to its ability to enhance physical performance and alleviate fatigue. The rising popularity of these products among athletes and fitness enthusiasts is driving the demand for taurine.
Taurine is utilised in pharmaceuticals for the treatment of heart and liver conditions, as well as in skincare products for its antioxidant benefits. Therefore, the growth of the pharmaceutical and cosmetic sectors is further propelling the use of taurine.
Taurine is vital for the well-being of pets, particularly cats. As pet ownership increases and awareness of nutritional requirements grows, the demand for taurine in pet food is on the rise.
The market is witnessing substantial growth, primarily propelled by heightened health consciousness and an increasing demand for functional foods and beverages. Taurine is recognised for its advantages in energy metabolism, cardiovascular health, and muscle performance, leading to its widespread incorporation in energy drinks, dietary supplements, and pet nutrition products. The burgeoning pharmaceutical and cosmetics sectors further stimulate demand, owing to taurine's antioxidant and stabilising characteristics. Notable trends aiding the market include the growing utilisation of taurine in functional beverages and the rising application of the product in sports nutrition aimed at enhancing performance. Furthermore, the surge in pet ownership contributes to its integration into animal feed.
The EMR’s report titled “Global Taurine Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Breakup by Type
Breakup by Source
Breakup by Application
Breakup by Region
Based on the type, the market is segmented into food grade and pharmaceutical grade. The food grade segment is projected to grow at a CAGR of 8.8% during the forecast period of 2024-2032. Taurine plays an essential role in supporting immune health and maintaining the general function of central nervous system and eyes.
Market players are focusing on advanced production methods to gain a competitive edge in the market.
Ajinomoto Co., Inc. was founded in 1909 and is headquartered in Tokyo, Japan. The company is a prominent player in the fields of food and biotechnology and is engaged in the production of seasonings, amino acids, pharmaceuticals, and innovative food items.
Founded in 1969 and located in Fullerton, California, USA, Stauber Performance Ingredients specialises in supp...
Established in 1941 and headquartered in Tokyo, Japan, Mitsui Chemicals is dedicated to the production of func...
Founded in 2003 and situated in Hebi City, Henan Province, China, the company specialises in speciality chemic...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other major players in the taurine market are Honjo Chemical Corporation, Jiangsu Yuanyang Pharmaceutical Co., Ltd., Grand Pharmaceutical Group Limited, BOCSCI Inc., AVANSCURE LIFESCIENCES PVT. LTD., and AWI-Awell Ingredients Co.,Ltd., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 412.65 Million.
The market is assessed to grow at a CAGR of 6.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 727.32 Million by 2032.
The major drivers of the market are rising health awareness and increasing demand for energy drinks and sports nutrition.
As per the EMR report, the different sources of taurine in the market are natural and synthetic.
The major regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major players in the market are Ajinomoto Co., Inc., Stauber Performance Ingredients, Inc., Mitsui Chemicals, Inc., Hebi City Hexin Chem Ind. Co., Ltd., Honjo Chemical Corporation, Jiangsu Yuanyang Pharmaceutical Co., Ltd., Grand Pharmaceutical Group Limited, BOCSCI Inc., AVANSCURE LIFESCIENCES PVT. LTD., and AWI-Awell Ingredients Co.,Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Source |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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