Taurine Market to Project Excellent Growth from 2022 to 2032 Due to its Rising Industrial-Based Applications Globally | Future Market Insights, Inc forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
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Market players are focusing on the expansion of the capacity to gain a competitive edge
DUBAI, UAE / ACCESSWIRE / February 4, 2021 / FMI states in its recent study on taurine that the market will record an impressive CAGR of 7.2% through 2031. Demand for taurine is anticipated to continue surging owing to the increase in sales of infant food.
Key manufacturers are planning to further expand production as well as storage capacity to fulfill the increasing demand. They are also planning to find novel alternate ways of production of taurine in a more environment-friendly way to eliminate the extraction of taurine from animals
. says the FMI analyst.