Key Takeaways from Analyst
Increasing health consciousness among consumers along with rising awareness regarding the health benefits of L-theanine extracts can drive the market growth. L-theanine extracts are known to reduce stress and promote relaxation. It is also helpful in lowering blood pressure levels. This can boost its demand from pharmaceutical as well as nutraceutical industry. Moreover, growing consumption of green tea where L-theanine acts as a key component can drive the growth of L-theanine extracts market.
Asia Pacific currently dominates the market however North America is likely to be the fastest growing market. The large consumer base in countries like China, Japan and India will provide significant opportunities. High availability and consumption of green tea in these countries will propel market expansion. Changes in lifestyle and rising stress levels especially in developing Asian countries can boost product sales. Flourishing food and beverage industry will further aid regional growth.
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