Global L-theanine market will reach 1226.94 tons by the end of 2025

Publisher: QYResearch
Published Date: 2019/10/25

The global L-Theanine production market was 725.09 tons valued at USD 42.96 million in 2018 and expected to reach 1226.94 tons by 2025, growing at a CAGR of 7.66% from 2018 to 2025.

China is the largest consumption country of L-theanine in the world in the past few years and it will keep the same position in the next few years. China market took up about 43.31% the global market in 2018, followed by North America with the share about 22.98%.

The technical barriers of L-Theanine are not high, resulting in numerous and small manufacturing enterprises. In L-Theanine market, there are several relatively larger companies across the globe, such as Taiyo Kagaku, Blue California, ZheJiang TianRui Chemical, Qu Zhou Joy Chemical, Sichuan Tongsheng Amino acid, and FarmaSino Pharmaceuticals. And their plants mainly distribute in Japan and China. China is the largest producer, almost 75% production share in 2018.

Taiyo Kagaku is the largest supplier of L-theanine with a global share of about 22.97%. Zhejiang TianRui Chimical is the second largest supplier of L-theanine in the world and the largest in China, it took about 16.18% of the global total market. Other key suppliers are Blue California, Sichuan Tongsheng Amino Acid, Changzhou Golden Bright, Qu Zhou Joy Chemical, etc.

L-Theanine is used as an additive for many applications such as food and beverage industry, health care products for eliminate fatigue and improve learning and memory abilities, and pharmaceuticals such as anticancer drugs, and antihypertensive drugs. Affected by downstream industries, demand for L-Theanine is expected to continue increasing during the remaining years of the forecast period of 2018-2025. L-Theanine industry will usher in a stable growth space.

In the past few years, the price of L-Theanine has slightly decreased, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of L-Theanine.

As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. With the snatch for market share in emerging regions, the competition in L-Theanine industry will become more intense.

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