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Tryptophan, an essential amino acid crucial for newborn growth and the body's protein, muscle, enzyme, and neurotransmitter production, is derived from food. There are two main types—L-tryptophan and D-tryptophan—with their primary difference lying in molecular orientation. Its significance extends to treating insomnia, behavioral issues, depression, stress, and premenstrual syndrome.
This amino acid is present in various proteins and serves as a precursor to serotonin, manufactured through fermentation. Tryptophan's chemical formula is C11H12N2O2, with a molecular weight of 204.22 g/mol.
Key tryptophan-producing countries include India, Indonesia, China, and Germany.
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 plays a pivotal role in the healthcare sector, addressing conditions like insomnia and depression, thereby fueling market expansion. Its presence in dietary supplements promotes improved sleep, heightened serotonin levels for alleviating depression, anxiety reduction, and increased pain tolerance.
Additionally, Tryptophan supplementation supports a healthier sleep cycle and elevated serotonin levels, aiding in alleviating depression, reducing anxiety, and enhancing pain tolerance. Moreover, it's employed to boost vitamin B3 (niacin) production, crucial for liver treatment, DNA synthesis, and energy metabolism. Its widespread use in healthcare continues to propel industry growth.
Key Market Players:
- Penta Manufacturing Company
- Charkit Chemical Company LLC
- Acros Organics
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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