Tryptophan, an essential amino acid crucial for newborn growth and the body’s protein, muscle, enzyme, and neurotransmitter maintenance, is acquired through food intake.
This vital amino acid exists in two primary forms: L-tryptophan and D-tryptophan, differing mainly in molecular orientation. Its therapeutic applications encompass treating insomnia, behavioral issues, depression, stress, and premenstrual syndrome.
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Present in various proteins, tryptophan serves as a precursor to serotonin and is manufactured via fermentation. Its chemical composition, C11H12N2O2, corresponds to a molecular weight of 204.22 g/mol.
India, Indonesia, China, and Germany rank among the leading producers of tryptophan worldwide.
Key Details About the Tryptophan Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Tryptophan price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Tryptophan price Trends, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Tryptophan Price Trend:
Tryptophan finds primary application within the healthcare realm, addressing conditions such as insomnia and depression, thus contributing significantly to the market’s expansion. Its utilization in dietary supplements promotes improved sleep, boosts serotonin levels to alleviate depression and anxiety, and enhances the body’s tolerance to pain.
Moreover, Tryptophan serves as a catalyst in the synthesis of vitamin B3 (niacin) for liver treatment, crucial for DNA production and energy metabolism. Its widespread use in healthcare continues to drive the industry’s growth trajectory.
Key Market Players:
- Penta Manufacturing Company
- Charkit Chemical Company LLC
- Acros Organics
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