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Global 5-Hydroxytryptophan (5-HTP) Market is Expected to Reach USD 51.4 Million by 2019: Transparency Market Research

June 12, 2014

ALBANY, New York, June 12, 2014 /PRNewswire/ –

Transparency Market Research has released a new market report titled
“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.” According to the report, the 5-HTP market was valued at USD 31.7
million in 2012 and is anticipated to reach USD 51.4 million by 2019, increasing at a CAGR
of 7.1% from 2013 to 2019. In terms of volume demand for 5-HTP stood at 136.4 tons in
2012.

Browse the full 5-Hydroxytryptophan (5-HTP) Market Report at

http://www.transparencymarketresearch.com/5-htp-market.html

5-Hydroxytryptophan (5-HTP) is a precursor to neurotransmitter serotonin and an
intermediate of tryptophan metabolism. 5-HTP is an essential amino acid produced by the
brain that regulates serotonin level in the body. Global demand for 5-HTP is primarily
driven by the rapidly changing lifestyle of various population groups across the world.
Increased stress level due to improper diet and hormone fluctuations have led to higher
consumption of anti-depressant medications. Furthermore, being a plant extract, 5-HTP
offers several advantages over tryptophan, a synthetically derived anti-depressant
available in the market. These factors are expected to remain the major driving force for
the 5-HTP market. Complication involved in the supply and price of raw material, i.e.
seeds of Griffonia Simplicifolia, is likely to be the key challenge for market
participants.

5-HTP used for dietary supplement applications was the predominant application
segment, accounting for over 40% of the total demand in 2012. Demand for 5-HTP used for
dietary supplements is estimated to rise significantly in the next few years due to
increasing consumption of 5-HTP to maintain serotonin level in the brain. 5-HTP is widely
consumed in the form of dietary supplements across the globe. It has a positive effect on
pain sensation, anxiety, sleep and reduced appetite.

North America accounted for about 48.0% of the total 5-HTP market in 2012, followed by
Europe and Asia Pacific. Asia Pacific is expected to be the one of the fastest growing
regional markets in terms of consumption and production of 5-HTP. The region is
characterized by the presence of numerous small and medium sized 5-HTP producers. Changing
lifestyle is also anticipated to be a major factor for higher demand for 5-HTP. This has
encouraged various manufacturers to focus on capacity expansion in Asia Pacific. Europe is
the other major region with higher consumption of 5-HTP. In terms of volume, demand for
5-HTP in Europe is expected to increase at a CAGR of about 6.8% from 2013 to 2019.

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Linnea SA, Chemill Inc, Jiaherb Inc, SanHerb Biotech Ltd., and Cactus Botanics are
some of the major participants operating in the 5-HTP market.

5-HTP Market – Application Analysis

        - Food and Beverage
        - Dietary Supplements
        - Medical
        - Others (Specialty medications, etc.)

Browse the full 5-Hydroxytryptophan (5-HTP) Market Report at

http://www.transparencymarketresearch.com/5-htp-market.html

5-HTP Market – Regional Analysis

        - North America
        - Europe
        - Asia Pacific
        - Rest of the World (RoW)

Browse Chemical & Materials Market Research Reports @

http://www.transparencymarketresearch.com/chemical-market-reports-2.html

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