In 2009, there was an unprecedented demand for 5-HTP in China. With the high demand waning, in the first half of 2012, the 5-HTP market also declined under the impact of the low prices of new raw materials. The market price of 5-HTP decreased by nearly 10% from March to May this year.
Some traders bought in when the price of 5-HTP was low, but those enterprises which intended to enter the production of 5-HTP as suppliers took a wait-and-see attitude. Although the current 5-HTP market is not so ideal, in the future, from the perspective of demand in the international market, with more and more people suffering from depression, the market demand for 5-HTP will increase due to its anti-depression effects.
It is expected that 5-HTP will embrace its second spring within this year. And, driven by such a demand, supply-demand situation for 5-HTP is gradually becoming stable and the price of it reasonable.
Copyright：Herbridge Media
Any question，you could write mail to herbridge@vip.163.com
- White Paper on Bone and Joint Health of Chinese Consumers 2020
- Yili Dairy launched high-protein yogurt, focusing on sport people
- Sinopharm Xingsha launched the Japan's Champion probiotics
- China has introduced its first policy to support the industrial hemp industry
- Beyond Meat became the first overseas Artificial Meat company to set up a factory in China
- Nongfu Spring's market value exceeded HK $370 billion on its first day
- German infant nutrition brand Amykon launched two probiotics in China
- The revenue of Besunyoung in the first half year is about 610 million yuan
- Jellly candy and powder included in the health food filing dosage form in China
- H&H Group net profit increased by 9% for the first half of year
