Global Taurine Supplements Market Size To Worth USD 645.6 Million By 2033 | CAGR of 5.74%
Category: Consumer GoodsGlobal Taurine Supplements Market Size To Worth USD 645.6 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Taurine Supplements Market Size is to Grow from USD 369.5 Million in 2023 to USD 645.6 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 5.74% during the projected period.
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Browse key industry insights spread across 259 pages with 110 Market data tables and figures & charts from the report on the "Global Taurine Supplements Market Size, Share, and COVID-19 Impact Analysis, By Form (Liquid, Powder, Gummies, and Capsules/Tablets), By Application (General Health and Wellness, Energy & Weight Management, Sports Nutrition, and Others), By Distribution Channel (Online and Offline), By End Use (Men, Women, and Infants), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/taurine-supplements-market
Taurine is an amino acid that occurs naturally that contains sulphur, a chemical compound that is used to create amino acids. It has important functions in the heart, brain, and immune system. It also helps to stimulate nerve growth, maintain proper hydration, and produces bile salts that aid in digestion. Taurine is becoming growing in popularity as a dietary supplement because of its many health benefits, which include promoting a healthy metabolism, promoting cardiovascular health, enhancing athletic performance, and preserving normal neurological and visual function. A few significant variables are driving the demand for taurine supplements. The increasing demand for taurine supplements among consumers might be attributed to various sources and emerging trends. The growing number of people who prioritise fitness and lead active lifestyles has led to a rise in the popularity of supplements that enhance physical performance and healing. However, moderation is required as it comes to nutritional supplements, and using taurine supplements in excessive of the recommended quantities can have negative consequences. Symptoms include nausea, vomiting, and diarrhoea, along with disorientation, tremors, and headaches.
The powder segment accounted for the largest revenue share of the taurine supplements market during the projected timeframe.
Based on the form, the taurine supplements market is divided into liquid, powder, gummies, and capsules/tablets. Among these, the powder segment accounted for the largest revenue share of the taurine supplements market during the projected timeframe. Powdered taurine supplements are simple to integrate into a range of drinks and foods and offer dosing versatility. This enables consumers to tailor their consumption to meet their individual requirements and tastes, whether it is through protein shakes, smoothies, or water.
The sports nutrition segment dominates the market with the highest market share in the taurine supplements market during the projected timeframe.
Based on the application, the taurine supplements market is divided into general health and wellness, energy & weight management, sports nutrition, and others. Among these, the sports nutrition segment dominates the market with the highest market share in the taurine supplements market during the projected timeframe. Taurine is believed to increase durability and decrease discomfort in muscles during exercise. Athletes and fitness enthusiasts are starting to turn to taurine pills as a means to improve strength and finish demanding workouts more effectively.
The offline segment is estimated to grow at the highest CAGR of the taurine supplements market during the projected timeframe.
Based on the distribution channel, the taurine supplements market is divided into online and offline. Among these, the offline segment is estimated to grow at the highest CAGR of the taurine supplements market during the projected timeframe. Shopping in-store helps customers to interact with professional, educated staff members who could offer recommendations and clarify queries concerning various taurine supplements. In addition to improving the shopping experience, this personalised service can help clients make informed selections.
The women segment is projected to hold a significant market share of the taurine supplements market during the projected timeframe.
Based on the end use, the taurine supplements market is divided into men, women, and infants. Among these, the women segment is projected to hold a significant market share of the taurine supplements market during the projected timeframe. Taurine assists in reducing stress and anxiety symptoms as well as their indications. It also affects mood management. When women are undergoing hormonal changes or looking support for their mental health, taurine supplements can help women reduce their stress and maintain a stable mood.
North America is expected to hold the largest share of the taurine supplements market over the forecast period.
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North America is expected to hold the largest share of the taurine supplements market over the forecast period. North America has a strong fitness culture, with many individuals routinely exercising and competing in sports, which accounts for its dominance. Due to its potential advantages in improving athletic performance, reducing muscle fatigue, and accelerating recovery, taurine is becoming more and increasingly in demand in the sports nutrition sector.
Europe is predicted to grow at the fastest pace in the taurine supplements market during the projected timeframe. This is a result of the popularity of energy drinks and functional foods in Europe, where taurine is a common ingredient. Taurine supplements are in increased demand as part of a larger trend towards functional nutrition as buyers seek products that give extra health advantages or improved performance.
Major vendors in the taurine supplements market are NOW Foods, Dr. Oscar, Pure Encapsulations, Life Extension, Herbsmith, Nutrition Strength, Proper Health Supplements, Source Naturals Inc., Avanscure LifeSciences Pvt. Ltd., ThorneVet, AniForte, VETRISCIENCE, MeyerDC, FoodScience, LLC, and others.
Recent Developments
- In October 2023, Discipline Industries, an innovator in the health and wellness space, disclosed the addition of taurine, nicotinamide mononucleotide (NMN) and N-acetylcysteine (NAC) to its lineup of new products. This cutting-edge product line is set to fundamentally shift the way people see their health and well-being.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the taurine supplements market based on the below-mentioned segments:
Global Taurine Supplements Market, By Form
- Liquid
- Powder
- Gummies
- Capsules/Tablets
Global Taurine Supplements Market, By Application
- General Health and Wellness
- Energy & Weight Management
- Sports Nutrition
- Others
Global Taurine Supplements Market, By Distribution Channel
- Online
- Offline
Global Taurine Supplements Market, By End Use
- Men
- Women
- Infants
Global Taurine Supplements Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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