Market Research Reports

5-Hydroxytryptophan (5-HTP) Market for Food and Beverage, Dietary Supplements, Medical and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

70pages
Published Date: 2014-05-28
 

Description


Demand for 5-Hydroxytryptophan (5-HTP) is primarily ascribed to increasing consumption of anti-depressant medications globally. North America dominates the global market for 5-HTP. This report by Transparency Market Research analyzes estimates and forecasts the 5-HTP demand on a global and regional level for a six-year period from 2013 to 2019 in terms of volume and revenue. The study also provides information on restraints, drivers and opportunities along with their impact on the overall market during the forecast period. The report segments the market based on applications and regions and offers estimates and forecast of the 5-HTP market for each segment.

The study analyzes the product value chain, beginning with feed stock materials up to end-use. Additionally, it evaluates the market based on Porter’s five forces model that analyzes the degree of competition in the market by considering factors such as bargaining power of buyers and suppliers, threat from substitute products and new entrants. The report includes a detailed competitive landscape of the 5-HTP market including companies’ market share analysis and profiles of key market participants.

The report provides a decisive view on the 5-HTP market by segmenting the market based on applications. Based on applications, 5-HTP market has been segmented into food and beverage, dietary supplements, medical and others (specialty medications, etc.). All application segments have been analyzed based on present and future trends and the market has been estimated from 2013 to 2019.

In terms of geography, the 5-HTP market has been segmented into North America, Europe, Asia Pacific and Rest of the World. Demand for each application of 5-HTP in terms of both revenue and consumption for each of these regions is forecast in the report for the period of 2013 to 2019.

Leading manufacturers profiled in this report include Linnea SA, Chemill Inc, Jiaherb Inc, SanHerb Biotech Ltd., and Cactus Botanics. These companies have been profiled in detail with features such as company overview, financial overview, business strategies, SWOT analysis and recent developments.

5-HTP Market – Application Analysis
  • Food and Beverage
  • Dietary Supplements
  • Medical
  • Others (Specialty medications, etc.)
5-HTP Market – Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Table of Contents


Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
      1.2.1 Global 5-HTP market segmentation, application and region
1.3 Research scope and assumptions
1.4 Research methodology
      1.4.1 Assumptions
      1.4.2 Abbreviations

Chapter 2 Executive Summary
2.1 Global 5-HTP market, 2012 – 2019 (Tons) (USD Million)
      2.1.1 Global 5-HTP market, 2012 – 2019 (Tons) (USD Million)

Chapter 3 5-HTP Market – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 List of substitutes for 5- HTP
3.4 Current 5-HTP manufacturing process
3.5 Market drivers
      3.5.1 Increasing consumption of antidepressants
               3.5.1.1 Antidepressant consumption by European countries in 2010
      3.5.2 5–HTP offers several advantages over tryptophan
3.6 Market restraints
      3.6.1 Volatility of raw material prices
3.7 Market opportunities
      3.7.1 5-HTP is a natural substitute for Prozac and other synthetic antidepressants
3.8 Porter’s Five Forces analysis
      3.8.1 Bargaining powers of suppliers
      3.8.2 Bargaining power of buyers
      3.8.3 Threat from new entrants
      3.8.4 Threat from substitutes
      3.8.5 Degree of competition
3.9 Market attractiveness analysis
      3.9.1 Global 5-HTP market attractiveness analysis, by application, 2012
3.10 Company market share analysis
        3.10.1 Global 5-HTP company market share analysis, 2012
3.11 5-HTP Prices (USD/kg)

Chapter 4 5-HTP Market- Application Analysis
4.1 5-HTP market: Application overview
        4.1.1 Global 5-HTP market volumes share, by application, 2012 & 2019
4.2 Food and Beverage
        4.2.1 Global 5-HTP market for food and beverage applications, 2012 – 2019 (Tons) (USD Thousands)
4.3 Dietary Supplements
        4.3.1 Global 5-HTP market for dietary supplements applications, 2012 – 2019 (Tons) (USD Thousands)
4.4 Medical
        4.4.1 Global 5-HTP market for medical applications, 2012 – 2019 (Tons) (USD Thousands)
4.5 Others (specialty medications, etc.)
        4.5.1 Global 5-HTP market for others application, 2012 – 2019 (Tons) (USD Thousands)

Chapter 5 5-HTP Market- Regional Analysis
5.1 5-HTP market: Regional overview
        5.1.1 Global 5-HTP market volume share, by region, 2012 &2019
5.2 North America
        5.2.1 North America 5-HTP market volume, by application, 2012 – 2019 (Tons)
        5.2.2 North America 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)
5.3 Europe
        5.3.1 Europe 5-HTP market volume, by application, 2012 – 2019 (Tons)
        5.3.2 Europe 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)
5.4 Asia Pacific
        5.4.1 Asia Pacific 5-HTP market volume, by application, 2012 – 2019 (Tons)
        5.4.2 Asia Pacific 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)
5.5 Rest of the World
        5.5.1 Rest of the world 5-HTP market volume, by application, 2012 – 2019 (Tons)
        5.5.2 Rest of the world 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)

Chapter 6 Company Profiles
6.1 Linnea SA
        6.1.1 Company profile
        6.1.2 Financial overview
        6.1.3 SWOT Analysis
        6.1.4 Business strategies
        6.1.5 Recent developments
6.2 Chemill Inc.
        6.2.1 Company profile
        6.2.2 Financial overview
        6.2.3 SWOT Analysis
        6.2.4 Business strategies
        6.2.5 Recent developments
6.3 Jiaherb Inc
        6.3.1 Company profile
        6.3.2 Financial overview
        6.3.3 SWOT Analysis
        6.3.4 Business strategies
        6.3.5 Recent developments
6.4 Cactus Botanics
        6.4.1 Company profile
        6.4.2 SWOT Analysis
        6.4.3 Business strategies
        6.4.4 Recent developments
6.5 Venbiotech Pvt. Ltd
        6.5.1 Company profile
        6.5.2 Financial overview
        6.5.3 SWOT Analysis
        6.5.4 Business strategies
6.6 SanHerb Biotech Co. Ltd.
        6.6.1 Company profile
        6.6.2 Financial overview
        6.6.3 SWOT Analysis
        6.6.4 Business strategies
6.7 Vitakem Nutraceutical Inc.
        6.7.1 Company profile
        6.7.2 Financial overview
        6.7.3 SWOT Analysis
        6.7.4 Business strategies
        6.7.5 Recent developments
6.8 Shaanxi Jintai Biological Engineering Co., Ltd.
        6.8.1 Company overview
        6.8.2 SWOT analysis
        6.8.3 Business strategies
6.9 Shaanxi M.R Natural Product Co., Ltd.
        6.9.1 Company profile
        6.9.2 SWOT Analysis
        6.9.3 Business strategy
6.10 Changsha Nulant Chem Co. Ltd.
        6.10.1 Company profile
        6.10.2 SWOT Analysis
        6.10.3 Business strategy

List of Figures 

FIG. 1 Global 5-HTP market segmentation, application and region
FIG. 2 Global 5-HTP market, 2012 – 2019 (Tons) (USD Million)
FIG. 3 Value chain analysis: 5-HTP market
FIG. 4 Antidepressant consumption by European countries in 2010
FIG. 5 Porter’s Five Forces analysis: 5-HTP market
FIG. 6 Global 5-HTP market attractiveness analysis, by application, 2012
FIG. 7 Global 5-HTP company market share analysis, 2012
FIG. 8 Global 5-HTP market volumes share, by application, 2012 &2019
FIG. 9 Global 5-HTP market for food and beverage applications, 2012 - 2019 (Tons) (USD Thousand)
FIG. 10 Global 5-HTP market for dietary supplements applications, 2012 - 2019 (Tons) (USD Thousands)
FIG. 11 Global 5-HTP market for medical applications, 2012 - 2019 (Tons) (USD Thousands)
FIG. 12 Global 5-HTP market for others application, 2012 - 2019 (Tons) (USD Thousands)
FIG. 13 Global 5-HTP market volume share, by region, 2012 & 2019

List of Tables

TABLE 1 Global 5-HTP market snapshot
TABLE 1 List of substitutes for 5- HTP
TABLE 2 Drivers for 5-HTP market: Impact analysis
TABLE 3 Restraints of 5-HTP market: Impact analysis
TABLE 4 5-HTP prices (USD/kg)
TABLE 5 North America 5-HTP market volume, by application, 2012 – 2019 (Tons)
TABLE 6 North America 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)
TABLE 7 Europe 5-HTP market volume, by application, 2012 – 2019 (Tons)
TABLE 8 Europe 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)
TABLE 9 Asia Pacific 5-HTP market volume, by application, 2012 – 2019 (Tons)
TABLE 10 Asia Pacific 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)
TABLE 11 Rest of the world 5-HTP market volume, by application, 2012 – 2019 (Tons)
TABLE 12 Rest of the world 5-HTP market revenue, by application, 2012 – 2019 (USD Thousands)

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Free Market Analysis


5-Hydroxytryptophan (5-HTP), also known as oxitriptan, is a precursor to neurotransmitter serotonin and an intermediate product of tryptophan metabolism. 5-HTP is a naturally occurring amino acid that is used to regulate serotonin levels in the central nervous system and brain. Commercial applications of 5-HTP include food and beverage, dietary supplements, and medical and specialty medications. The global 5-HTP market generated revenue of USD 31.7 million in 2012 and is expected to reach USD 51.4 million by 2019, expanding at a CAGR of 7.1% from 2013 to 2019. 

5-HTP used in dietary supplement applications accounted for the largest share of the 5-HTP market in terms of both volume and revenue in 2012. 5-HTP used in dietary supplement applications held over 44.8% share of total volume consumed in 2012. 5-HTP used in medical applications was the second-largest application segment, followed by food and beverage and others. The 5-HTP industry exhibits a moderate degree of forward integration as few major 5-HTP producers are also engaged in downstream activities. This forward integration provides these participants with a distinct competitive advantage in terms of better customer retention and market demand.

5-HTP, which is obtained from Griffonia Simplicifolia seeds, is an essential building block of serotonin. Improper eating habits, hectic lifestyle and increased stress have resulted in lower serotonin levels in various population groups globally. 5-HTP is a precursor to serotonin formation. The human body readily accepts 5-HTP and converts it into serotonin. 5-HTP is widely used to alleviate symptoms of depression. It is used to reduce or eliminate most symptoms of depression. 5-HTP can also be used as a natural weight loss supplement as it acts as an appetite suppressant by boosting the production of serotonin. This regulates the appetite of an individual. Thus, demand for 5-HTP is anticipated to increase in the near future due to rise in the number of individuals suffering from low serotonin level.

Depression is one of the most common mental disorders in the U.S. Pharmaceutical companies manufacture a wide range of synthetic antidepressant drugs to treat depression. 5-HTP is a natural antidepressant found in low amounts in foods such as bananas and turkey. It is an anti-depressant used to treat depression by producing serotonin in the body. Many artificial antidepressants stop the production of enzymes that break down serotonin in the body; however, 5-HTP acts as a natural precursor to the formation of serotonin. 5-HTP can raise serotonin level by 540% as compared to various other synthetic drugs available in the market. Thus, 5-HTP can be an alternative to anti-depressant medications available in the pharmaceutical market currently.

North America and Europe were the major markets for 5-HTP in 2012; together, these regions accounted for around 74% share of the total 5-HTP consumption. Asia Pacific was the largest producer of 5-HTP in 2012. Leading 5-HTP manufacturers concentrate on backward integration in order to procure raw material efficiently. The raw material required is a natural product obtained from Griffonia Simplicifolia, a plant found exclusively in Africa. Therefore, it is affected by climatic conditions and is subject to price and supply instability. Thus, with high degree of backward integration, 5-HTP producers have obtained an added advantage over their competitors.

Of late, industry participants have been focusing on expanding production capacities at their respective facilities. Key players operating in the 5-HTP market include Linnea SA, Chemill Inc, Jiaherb Inc, SanHerb Biotech Ltd., and Cactus Botanics.
5-htp-market
 

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