5-Hydroxytryptophan Market Is Expected To See Growth In The Forecast Period Due To The Increase In Application And Demand From All Over The Globe
5-Hydroxytryptophan Market: Overview and Dynamics
The important amino acid precursor used in serotonin formulations is 5-hydroxytryptophan. It is also known as the neurotransmitter precursor of the melatonin hormone. It serves as a booster for serotonin synthesis. With the changing lifestyle of people, stiffness in people’s lives is increasing this is booming the demand for 5-hydroxytryptophan. In comparison to Tryptophan, 5-hydroxytryptophan can easily cross the blood-brain barrier that makes it easy to solubilize in the system.
By virtue, easy penetration in the body, 5- Hydroxytryptophan can induce sleep in an individual which respite from depression and anxiety. Compared to another amino acid precursor-like serotonin, Dopamine the efficiency of adsorption of 5-hydroxytryptophan is around 47-48% which is soaring its demand in the nutraceutical industry.
5-Hydroxytryptophan Market: Key Players
The key players in the market of 5-hydroxytryptophan are Jarrow Formulas, Nutricost, Pureclinica, Dr Emil Nutrition, Jiaherb, health first, lamberts, health first, Swanson, Nine life, Vitamaze, Source Naturals, Vitalife. It is a fragmented market with many players and the market is present only in a few regions. One of the leading manufacturers, JIAHERB boasts that it can fulfill 50% of America’s 5-hydroxytryptophan demand.
The organic growth strategies are being followed in the market of 5-hydroxytryptophan which is in improving the cost of product in the regional production areas, the technology of production for the drug. The manufacturers are working on stabilizing the 5-hydroxytryptophan price so that to attract more customers to their brand.
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5-Hydroxytryptophan Market: Segmentation
The 5-hydroxytryptophan market can be classified into four major categories according to the dosage, application, sales channel, end user and regions.
On the basis of dosage, the 5-hydroxytryptophan market can be classified as:
- 50 mg
- 50 – 100 mg
- 100 mg
- 100 – 200 mg
- 250 – 300 mg
On the basis of applications, the 5-hydroxytryptophan market can be classified as:
- Depression
- Fibromyalgia
- Migraines
- Obesity
- Neurologic disorders
On the basis of the sales channel, the 5-hydroxytryptophan market can be classified as:
- Over the counter
- Prescription
- E-commerce
On the basis of End-user, the 5-hydroxytryptophan, the market can be classified as:
- Individual use
- Hospitals
- Research institute
On the basis of Region, the 5-hydroxytryptophan, market can be classified as:
- North America
- Latin America
- Europe
- East Asia
- Asia Pacific
- Middle East and Africa