Tryptophan is an amino acid, that is required by the body to promote growth in new-borns and for the maintenance and production of the proteins, muscles, enzymes, and neurotransmitters in the body.
It is a vital amino, which is derived from food. The two main types of tryptophan are tryptophan types are L-tryptophan and D-tryptophan, the major difference between them is the molecule’s orientation. It is employed in the treatment of insomnia, behavioural disorders, depression, stress, and premenstrual syndrome.
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It is found in various proteins and is also a precursor of serotonin. It is produced through fermentation. The chemical formula of tryptophan is C11H12N2O2, and its molecular weight is 204.22 g/mol.
The top-producing countries of tryptophan are 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 is primarily used in the healthcare industry in order to treat disorders like insomnia, depression, etc, which is further driving the market’s growth.
It is used in dietary supplements which helps in facilitating good sleep and increases the levels of serotonin which relieves depression and anxiety and enhances pain tolerance.
Its supplements help facilitate a better sleep cycle while increasing levels of serotonin that lead to relief from depression and anxiety, enhanced pain tolerance, etc.
Tryptophan is also taken to increase the production of vitamin B3 (niacin) in the treatment of the liver. It is necessary for DNA production and energy metabolism. It is widely used in the healthcare industry, which is further propelling the industry’s growth.
Key Market Players:
- Penta Manufacturing Company
- Charkit Chemical Company LLC
- Acros Organics
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