The global L-theanine Extracts market is expected to surpass US$ 99.01 Mn by the end of 2030 in terms of revenue, exhibiting a CAGR of 8.21% during the forecast period (2022 to 2030).
Figure 1. Global L-theanine Extracts Market Revenue Share (%), By Region, 2021
Market Trends
L-theanine Extracts acts as an effective intermediate in the synthesis of food and beverage, healthcare products and pharmaceutical products. Moreover, properties of L-theanine Extracts like higher thermal stability and bio-based nature are triggering its demand as an effective raw material in the production of pharmaceutical products. L-theanine Extracts contains essential amino acid that is not produced by the body and is uncommon in dietary products. Therefore, it is required to be absorbed through food supplements. The natural sources for L-theanine are bay bolete mushrooms, green tea, and black tea. It promotes relaxation without drowsiness, which helps in relieving stress. In addition, it also increases immunity, has anti-cancer properties, and helps in regulating blood pressure and sleep.
Figure 2. Global L-theanine Extracts Market Revenue Share (%), By Applications, 2021
On the basis of Applications, in 2021, food & beverages application segment held largest revenue share of 47.7% in global L-theanine Extracts market. The consumption of L-theanine Extracts is increasing in because it increases dopamine and serotonin production in the brain and induces relaxation through the enhancement of alpha wave activity in brain. L-theanine Extracts acts as a chemotherapeutic agent, competitively inhibits glutamate transport into the infected tumor cells, can also decrease intracellular glutathione (GSH) levels.
L-Theanine Extracts Market Report Snapshots
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