LONDON--(BUSINESS WIRE)--Aug 29, 2018--, a global procurement market intelligence firm, has announced the release of their . The pet food and energy drink markets are witnessing a high demand for taurine infused food, which ensures a balanced and complete diet for animals. This is boosting the spend growth momentum of the taurine market. Moreover, the pharmaceutical industry uses taurine as a conditional amino acid element in the composition of cardiac drugs, antihypertensive drugs, and hypoglycemic drugs. This is also propelling the taurine market’s growth.

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Global Taurine Category - Procurement Market Intelligence Report.(Graphic: Business Wire)

“Buyers procuring large volumes of taurine are advised to enter into strategic partnerships with the suppliers. This will ensure continuous supply assurance and significant cost benefits,” says SpendEdge procurement expert A Kowshik.

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The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the taurine market.

Adoption of taurine supplements in the pet food and energy drink market Global increase in energy drinks sale that use taurine To know more,

Report scope snapshot: Taurine market

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KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS RETAIL FOOD/BEVERAGE CONSUMER PETS

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 08/29/2018 10:12 AM/DISC: 08/29/2018 10:12 AM

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