The global feed grade carnitine market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for animal protein in developing countries and the rising awareness about animal welfare among consumers. The dry feed formulations segment is expected to dominate the global feed grade carnitine market during the forecast period, owing to its high demand in developing countries and low production cost as compared with liquid/wet formulations.
The North American region is expected to lead the global feed grade carnitine market during the forecast period, owing to its high consumption of meat products and poultry products which require higher levels of carnitine for their production process.
2) Increasing population and disposable income levels are also expected to drive growth of this market during the forecast period 3) Increasing awareness about health benefits associated with L-carnitine consumption are also expected to fuel growth of this market during the forecast period.
- One of the key factors driving this market is the increasing demand for animal feed additives.
- Another factor driving this market is the increasing demand for meat and dairy products worldwide.
Industry Growth Insights published a new data on “Feed Grade L-Carnitine Market”. The research report is titled “Feed Grade L-Carnitine Market research by Types (Fermentation Method, Chemical Synthesis Method), By Applications (Dry Feed Formulations, Liquid/Wet Formulations), By Players/Companies Lonza, Liaoning Koncepnutra, HuangGang HuaYang Pharmaceutical, Northeast Pharmaceutical, Kaiyuan Hengtai Chemical, Chengda Pharmaceuticals, Xinxiang Kangjian Chemical, Kangxin Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Grade L-Carnitine Market Research Report
By Type
Fermentation Method, Chemical Synthesis Method
By Application
Dry Feed Formulations, Liquid/Wet Formulations
By Companies
Lonza, Liaoning Koncepnutra, HuangGang HuaYang Pharmaceutical, Northeast Pharmaceutical, Kaiyuan Hengtai Chemical, Chengda Pharmaceuticals, Xinxiang Kangjian Chemical, Kangxin Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Feed Grade L-Carnitine Market Report Segments:
The global Feed Grade L-Carnitine market is segmented on the basis of:
Types
Fermentation Method, Chemical Synthesis Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dry Feed Formulations, Liquid/Wet Formulations
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lonza
- Liaoning Koncepnutra
- HuangGang HuaYang Pharmaceutical
- Northeast Pharmaceutical
- Kaiyuan Hengtai Chemical
- Chengda Pharmaceuticals
- Xinxiang Kangjian Chemical
- Kangxin Chemical
Highlights of The Feed Grade L-Carnitine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fermentation Method
- Chemical Synthesis Method
- By Application:
- Dry Feed Formulations
- Liquid/Wet Formulations
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Feed Grade L-Carnitine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Feed grade L-carnitine is a form of carnitine that is not derived from meat or dairy products. It is typically produced by the fermentation of lactic acid bacteria.
Some of the major companies in the feed grade l-carnitine market are Lonza, Liaoning Koncepnutra, HuangGang HuaYang Pharmaceutical, Northeast Pharmaceutical, Kaiyuan Hengtai Chemical, Chengda Pharmaceuticals, Xinxiang Kangjian Chemical, Kangxin Chemical.
The feed grade l-carnitine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Grade L-Carnitine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Feed Grade L-Carnitine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed Grade L-Carnitine Market - Supply Chain
4.5. Global Feed Grade L-Carnitine Market Forecast
4.5.1. Feed Grade L-Carnitine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed Grade L-Carnitine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Feed Grade L-Carnitine Market Absolute $ Opportunity
5. Global Feed Grade L-Carnitine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Feed Grade L-Carnitine Market Size and Volume Forecast by Type
5.3.1. Fermentation Method
5.3.2. Chemical Synthesis Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Feed Grade L-Carnitine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Feed Grade L-Carnitine Market Size and Volume Forecast by Application
6.3.1. Dry Feed Formulations
6.3.2. Liquid/Wet Formulations
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Feed Grade L-Carnitine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Feed Grade L-Carnitine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Feed Grade L-Carnitine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Feed Grade L-Carnitine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Feed Grade L-Carnitine Demand Share Forecast, 2019-2026
9. North America Feed Grade L-Carnitine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Feed Grade L-Carnitine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Feed Grade L-Carnitine Market Size and Volume Forecast by Application
9.4.1. Dry Feed Formulations
9.4.2. Liquid/Wet Formulations
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Feed Grade L-Carnitine Market Size and Volume Forecast by Type
9.7.1. Fermentation Method
9.7.2. Chemical Synthesis Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Feed Grade L-Carnitine Demand Share Forecast, 2019-2026
10. Latin America Feed Grade L-Carnitine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Feed Grade L-Carnitine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Feed Grade L-Carnitine Market Size and Volume Forecast by Application
10.4.1. Dry Feed Formulations
10.4.2. Liquid/Wet Formulations
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Feed Grade L-Carnitine Market Size and Volume Forecast by Type
10.7.1. Fermentation Method
10.7.2. Chemical Synthesis Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Feed Grade L-Carnitine Demand Share Forecast, 2019-2026
11. Europe Feed Grade L-Carnitine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Feed Grade L-Carnitine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Feed Grade L-Carnitine Market Size and Volume Forecast by Application
11.4.1. Dry Feed Formulations
11.4.2. Liquid/Wet Formulations
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Feed Grade L-Carnitine Market Size and Volume Forecast by Type
11.7.1. Fermentation Method
11.7.2. Chemical Synthesis Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Feed Grade L-Carnitine Demand Share, 2019-2026
12. Asia Pacific Feed Grade L-Carnitine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Feed Grade L-Carnitine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Feed Grade L-Carnitine Market Size and Volume Forecast by Application
12.4.1. Dry Feed Formulations
12.4.2. Liquid/Wet Formulations
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Feed Grade L-Carnitine Market Size and Volume Forecast by Type
12.7.1. Fermentation Method
12.7.2. Chemical Synthesis Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Feed Grade L-Carnitine Demand Share, 2019-2026
13. Middle East & Africa Feed Grade L-Carnitine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Feed Grade L-Carnitine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Feed Grade L-Carnitine Market Size and Volume Forecast by Application
13.4.1. Dry Feed Formulations
13.4.2. Liquid/Wet Formulations
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Feed Grade L-Carnitine Market Size and Volume Forecast by Type
13.7.1. Fermentation Method
13.7.2. Chemical Synthesis Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Feed Grade L-Carnitine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Feed Grade L-Carnitine Market: Market Share Analysis
14.2. Feed Grade L-Carnitine Distributors and Customers
14.3. Feed Grade L-Carnitine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lonza
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Liaoning Koncepnutra
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HuangGang HuaYang Pharmaceutical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Northeast Pharmaceutical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kaiyuan Hengtai Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chengda Pharmaceuticals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xinxiang Kangjian Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kangxin Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
