Market Overview:
The global L-carnitine tartrate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for L-carnitine tartrate from various applications such as animal food, health care products, functional drinks, medicine and others. North America is expected to dominate the global L-carnitine tartrate market during the forecast period owing to the presence of key players in this region and rising demand for L-carnitine tartrate from various applications.
Product Definition:
L-carnitine tartrate is a salt of the amino acid L-carnitine and tartaric acid. It is used as a dietary supplement and in sports nutrition products. L-carnitine tartrate has been shown to improve athletic performance, particularly in endurance athletes.
L-Carnitine Food Grade:
L-carnitine is a naturally occurring amino acid that helps in the transportation and metabolism of fatty acids. It also helps to maintain healthy weight, enhances muscle recovery, and reduces the risk of several chronic diseases including diabetes & cardiovascular disease. L-carnitine tartrate or just carnitine tartrate is an ester found in animal products like meat, liver oil & dairy products like cream cheese & butter.
L-Carnitine Feed Grade:
L-carnitine is an amino acid, which is present in the animal feed industry as a result of its primary function to help maintain optimum health and wellbeing of livestock. L-carnitine tartrate or commonly known as l-tartaric acid salt is the most common form used for human consumption across various industries such as food & beverage, pharmaceuticals and cosmetics among others.
Application Insights:
The animal feed segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The product is widely used as a nutritional supplement for animals including cattle, swine, and poultry. It plays a crucial role in maintaining lean body mass of livestock animals along with improving their performance in sports food products such as beef and chicken.
L-carnitine tartrate has been proven effective against lactic acidosis which occurs when there is not enough energy metabolism due to an inadequate supply of oxygenated blood cells or insufficient production of red blood cells causing severe fatigue along with shortness of breath. This condition can be treated effectively using L-carnitine supplements which help increase endurance by increasing mitochondrial efficiency.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing product consumption in countries, such as China and India. The regional market is driven by factors, such as growing meat consumption and rising health awareness among consumers. In addition, increasing disposable income levels are anticipated to fuel the growth over the forecast period.
The European market for global l-carnitine tartrate was dominated by Germany in 2017 due to high demand for functional foods & beverages products in this region along with other factors such as favorable regulations regarding carnitine content in food products and animal feed additives that boost its utilization rate leading towards higher revenue generation capacity of L-carnitine tartrate manufacturers/suppliers operating within this region.
Growth Factors:
- Increasing awareness about the health benefits of L-carnitine Tartrate is expected to drive the market growth.
- Rising demand for weight management supplements is anticipated to boost the market growth.
- Growing popularity of sports and fitness activities is projected to propel the L-carnitine Tartrate market growth in near future.
- Increasing number of research studies on L-carnitine Tartrate is likely to create new opportunities for this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
L-carnitine Tartrate Market Research Report
By Type
L-Carnitine Food Grade, L-Carnitine Feed Grade, L-Carnitine Pharmaceutical Grade
By Application
Animal Food, Health Care Products, Functional Drinks, Medicine, Others
By Companies
AIDP, Biosint, Chengda Pharmaceutical, Hengtai Chemical, Hongjing Chemical, HuaYang, Kangjian Chemical, KangXin Chemical, Koncepnutra, Lonza Group, Northeast Pharmaceutical
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global L-carnitine Tartrate Market Report Segments:
The global L-carnitine Tartrate market is segmented on the basis of:
Types
L-Carnitine Food Grade, L-Carnitine Feed Grade, L-Carnitine Pharmaceutical Grade
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
Animal Food, Health Care Products, Functional Drinks, Medicine, Others
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:
- AIDP
- Biosint
- Chengda Pharmaceutical
- Hengtai Chemical
- Hongjing Chemical
- HuaYang
- Kangjian Chemical
- KangXin Chemical
- Koncepnutra
- Lonza Group
- Northeast Pharmaceutical
Highlights of The L-carnitine Tartrate 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:
- L-Carnitine Food Grade
- L-Carnitine Feed Grade
- L-Carnitine Pharmaceutical Grade
- By Application:
- Animal Food
- Health Care Products
- Functional Drinks
- Medicine
- Others
- 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 L-carnitine Tartrate 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
L-carnitine tartrate is a form of carnitine that is taken as a supplement. It helps the body to burn fat more effectively.
Some of the major players in the l-carnitine tartrate market are AIDP, Biosint, Chengda Pharmaceutical, Hengtai Chemical, Hongjing Chemical, HuaYang, Kangjian Chemical, KangXin Chemical, Koncepnutra, Lonza Group, Northeast Pharmaceutical.
The l-carnitine tartrate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 L-carnitine Tartrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 L-carnitine Tartrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 L-carnitine Tartrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the L-carnitine Tartrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global L-carnitine Tartrate Market Size & Forecast, 2018-2028
4.5.1 L-carnitine Tartrate Market Size and Y-o-Y Growth
4.5.2 L-carnitine Tartrate Market Absolute $ Opportunity
Chapter 5 Global L-carnitine Tartrate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 L-carnitine Tartrate Market Size Forecast by Type
5.2.1 L-Carnitine Food Grade
5.2.2 L-Carnitine Feed Grade
5.2.3 L-Carnitine Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global L-carnitine Tartrate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 L-carnitine Tartrate Market Size Forecast by Applications
6.2.1 Animal Food
6.2.2 Health Care Products
6.2.3 Functional Drinks
6.2.4 Medicine
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global L-carnitine Tartrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 L-carnitine Tartrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America L-carnitine Tartrate Analysis and Forecast
9.1 Introduction
9.2 North America L-carnitine Tartrate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America L-carnitine Tartrate Market Size Forecast by Type
9.6.1 L-Carnitine Food Grade
9.6.2 L-Carnitine Feed Grade
9.6.3 L-Carnitine Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America L-carnitine Tartrate Market Size Forecast by Applications
9.10.1 Animal Food
9.10.2 Health Care Products
9.10.3 Functional Drinks
9.10.4 Medicine
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe L-carnitine Tartrate Analysis and Forecast
10.1 Introduction
10.2 Europe L-carnitine Tartrate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe L-carnitine Tartrate Market Size Forecast by Type
10.6.1 L-Carnitine Food Grade
10.6.2 L-Carnitine Feed Grade
10.6.3 L-Carnitine Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe L-carnitine Tartrate Market Size Forecast by Applications
10.10.1 Animal Food
10.10.2 Health Care Products
10.10.3 Functional Drinks
10.10.4 Medicine
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific L-carnitine Tartrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific L-carnitine Tartrate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific L-carnitine Tartrate Market Size Forecast by Type
11.6.1 L-Carnitine Food Grade
11.6.2 L-Carnitine Feed Grade
11.6.3 L-Carnitine Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific L-carnitine Tartrate Market Size Forecast by Applications
11.10.1 Animal Food
11.10.2 Health Care Products
11.10.3 Functional Drinks
11.10.4 Medicine
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America L-carnitine Tartrate Analysis and Forecast
12.1 Introduction
12.2 Latin America L-carnitine Tartrate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America L-carnitine Tartrate Market Size Forecast by Type
12.6.1 L-Carnitine Food Grade
12.6.2 L-Carnitine Feed Grade
12.6.3 L-Carnitine Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America L-carnitine Tartrate Market Size Forecast by Applications
12.10.1 Animal Food
12.10.2 Health Care Products
12.10.3 Functional Drinks
12.10.4 Medicine
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) L-carnitine Tartrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) L-carnitine Tartrate Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) L-carnitine Tartrate Market Size Forecast by Type
13.6.1 L-Carnitine Food Grade
13.6.2 L-Carnitine Feed Grade
13.6.3 L-Carnitine Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) L-carnitine Tartrate Market Size Forecast by Applications
13.10.1 Animal Food
13.10.2 Health Care Products
13.10.3 Functional Drinks
13.10.4 Medicine
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 L-carnitine Tartrate Market: Competitive Dashboard
14.2 Global L-carnitine Tartrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AIDP
14.3.2 Biosint
14.3.3 Chengda Pharmaceutical
14.3.4 Hengtai Chemical
14.3.5 Hongjing Chemical
14.3.6 HuaYang
14.3.7 Kangjian Chemical
14.3.8 KangXin Chemical
14.3.9 Koncepnutra
14.3.10 Lonza Group
14.3.11 Northeast Pharmaceutical
