Theobromine
is chemical substance derived from the Theobroma cocoa beans. It is
used in chocolates, and other food materials, also possess higher
therapeutic properties. These compounds influence in a positive way
moods and state of alertness. It is a similar compound as caffeine,
however, no or fewer side effects on human body. According to recent
studies, theobromine can be considered a safe and natural substitute
in the treatment of a few human diseases and it may serve as a major
compound for the development of novel drugs. Thus, looking at various
emerging applications of theobromine global market is expected to
grow significantly. Theobromine is also present in various plants but
tea, chocolates, and cocoa beans are major sources of it. It is also
known as Riddovydrin, Riddospas, Theobrominum, Seominal, Theominal
and Theoguardenal etc. Theobromine has been traditionally being used
as medicine in some parts of the world.
Theobromine
Market Segmentation
Theobromine
market
is segmented on the basis of its applications in various industries
such as food, pharmaceutical, research and other applications etc.
The pharmaceutical market segment grabs a major share of global
theobromine market as it possesses various therapeutic properties and
used in diuretic medicines, asthma treatment and heart health
management etc. Theobromine is known as mood improver and beneficial
for sport personal and hence market demand from sports nutrition is
higher, and its applications in food market segment are expected to
grow significantly. The research segment is another market segment
where demand is steady and researchers use theobromine for its
medicinal and therapeutic properties. Theobromine is also used as an
inhibitor of copper corrosion thus finds application in industries.
Theobromine
market is further segmented on the basis of its different grades such
as pharma grade and food grade. The different grades or types of
theobromine are demanded by food applications and pharmaceutical
users.
The
theobromine market is further segmented into five key regions such as
Latin America, North America, Europe, the Middle East and Africa, and
Asia-Pacific. Asia Pacific is a major exporter market for theobromine
as growing application in food and pharmaceutical industries
globally.
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Theobromine
Global Market Trends and Market Drivers:
Theobromine
provides a wide range of benefits to the human body as well as
possess various therapeutic properties. Theobromine helps to energize
human nervous system while at the same time also exerts a relaxing
effect on the brain. It also helps in mood positive mood change and
positive effects on the human nervous system. These versatile
characteristics expected to fuel theobromine market demand over the
forecast period. Theobromine also used in sports nutrition, thus
growing demand from sports nutrition and other food applications is
another factor driving market demand for theobromine in the global
marketplace. Also increasing demand from chocolate industry is
fueling market demand for theobromine. Theobromine is useful in metal
corrosion and hence it is a point of interest of various scientists
and research organizations are studying effects and various
applications of theobromine and research on therapeutic grade
theobromine are growing these are other major factors fueling market
demand for theobromine in the global marketplace.
Over
consumption of theobromine can lead to poisoning, due to the acute or
chronic consumption of large quantities of theobromine. According to
a few studies, there is a possible connection between theobromine and
an increased risk of prostate cancer in older men. These are the
factors restraining the growth of global theobromine market.
Theobromine
Market Key Players:
The
market for Theobromine is highly fragmented with a large number of
regional and international players. Few key players in global
theobromine market include, Hema Pharmaceutical Pvt.Ltd., Kores
(India) Ltd., Wuhan HengHeDa Pharm Co., Ltd.,Nutra green Bio, Surya
Life Sciences Ltd., T.& D. MIDEAST LIMITED, Pioneer Pharm China
Co.Ltd., Surya Life Sciences Ltd.
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