The global carnitine tartrate market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market is attributed to the increasing prevalence of metabolic disorders such as obesity and diabetes, which are major risk factors for cardiovascular diseases and other chronic conditions. Carnitine tartrate tablets are used in pharmaceutical applications, while carnitine tartrate capsules are used as supplements for weight loss and muscle building purposes. The pharmaceutical application segment accounted for over 50% share in 2017 owing to its wide range of therapeutic benefits such as improving cardiac function, reducing fatigue levels, and aiding weight loss among others.
Some Of The Growth Factors Of This Market:
- L-Carnitine L-Tartrate is a natural supplement that helps the body produce energy from fat.
- It is used to treat muscle pain, weakness, and fatigue caused by physical activity or inactivity.
- It is also used to improve athletic performance and recovery time after exercise, as well as for weight loss and appetite suppression in people who are overweight or obese.
- The major drivers of this market are increasing obesity rates, growing awareness about the benefits of carnitine supplementation among consumers, rising demand for sports nutrition products among athletes, and increasing number of clinical trials on carnitine supplementation.
Industry Growth Insights published a new data on “L-Carnitine L-Tartrate Market”. The research report is titled “L-Carnitine L-Tartrate Market research by Types (L-Carnitine L-Tartrate Tables, L-Carnitine L-Tartrate Capsules), By Applications (Pharmaceutical, Supplemant), By Players/Companies Lonza, Foodchem, Kaiyuan Hengtai Chemical, Hubei Hongjing Chemical, Shaoxing Yamei Biotechnology, Xi'an Rongsheng Biotechnology, Glanbia Nutritionals, Huanggang Huayang Pharmaceutical, Otsuka Pharmaceutical, Jiangsu Chengxin Pharmaceutical, Northwest Vital Bio-Tech”.
Scope Of The Report
Report Attributes
Report Details
Report Title
L-Carnitine L-Tartrate Market Research Report
By Type
L-Carnitine L-Tartrate Tables, L-Carnitine L-Tartrate Capsules
By Application
Pharmaceutical, Supplemant
By Companies
Lonza, Foodchem, Kaiyuan Hengtai Chemical, Hubei Hongjing Chemical, Shaoxing Yamei Biotechnology, Xi'an Rongsheng Biotechnology, Glanbia Nutritionals, Huanggang Huayang Pharmaceutical, Otsuka Pharmaceutical, Jiangsu Chengxin Pharmaceutical, Northwest Vital Bio-Tech
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global L-Carnitine L-Tartrate Market Report Segments:
The global L-Carnitine L-Tartrate market is segmented on the basis of:
Types
L-Carnitine L-Tartrate Tables, L-Carnitine L-Tartrate Capsules
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
Pharmaceutical, Supplemant
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
- Foodchem
- Kaiyuan Hengtai Chemical
- Hubei Hongjing Chemical
- Shaoxing Yamei Biotechnology
- Xi'an Rongsheng Biotechnology
- Glanbia Nutritionals
- Huanggang Huayang Pharmaceutical
- Otsuka Pharmaceutical
- Jiangsu Chengxin Pharmaceutical
- Northwest Vital Bio-Tech
Highlights of The L-Carnitine L-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 L-Tartrate Tables
- L-Carnitine L-Tartrate Capsules
- By Application:
- Pharmaceutical
- Supplemant
- 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 L-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
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
L-Carnitine L-Tartrate is a form of carnitine that is taken as a supplement to help the body burn fat.
Some of the key players operating in the l-carnitine l-tartrate market are Lonza, Foodchem, Kaiyuan Hengtai Chemical, Hubei Hongjing Chemical, Shaoxing Yamei Biotechnology, Xi'an Rongsheng Biotechnology, Glanbia Nutritionals, Huanggang Huayang Pharmaceutical, Otsuka Pharmaceutical, Jiangsu Chengxin Pharmaceutical, Northwest Vital Bio-Tech.
The l-carnitine l-tartrate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. L-Carnitine L-Tartrate 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. L-Carnitine L-Tartrate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. L-Carnitine L-Tartrate Market - Supply Chain
4.5. Global L-Carnitine L-Tartrate Market Forecast
4.5.1. L-Carnitine L-Tartrate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. L-Carnitine L-Tartrate Market Size (000 Units) and Y-o-Y Growth
4.5.3. L-Carnitine L-Tartrate Market Absolute $ Opportunity
5. Global L-Carnitine L-Tartrate 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. L-Carnitine L-Tartrate Market Size and Volume Forecast by Type
5.3.1. L-Carnitine L-Tartrate Tables
5.3.2. L-Carnitine L-Tartrate Capsules
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global L-Carnitine L-Tartrate 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. L-Carnitine L-Tartrate Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical
6.3.2. Supplemant
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global L-Carnitine L-Tartrate 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. L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate 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. L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate Demand Share Forecast, 2019-2026
9. North America L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical
9.4.2. Supplemant
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America L-Carnitine L-Tartrate Market Size and Volume Forecast by Type
9.7.1. L-Carnitine L-Tartrate Tables
9.7.2. L-Carnitine L-Tartrate Capsules
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 L-Carnitine L-Tartrate Demand Share Forecast, 2019-2026
10. Latin America L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical
10.4.2. Supplemant
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America L-Carnitine L-Tartrate Market Size and Volume Forecast by Type
10.7.1. L-Carnitine L-Tartrate Tables
10.7.2. L-Carnitine L-Tartrate Capsules
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 L-Carnitine L-Tartrate Demand Share Forecast, 2019-2026
11. Europe L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical
11.4.2. Supplemant
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe L-Carnitine L-Tartrate Market Size and Volume Forecast by Type
11.7.1. L-Carnitine L-Tartrate Tables
11.7.2. L-Carnitine L-Tartrate Capsules
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potental 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 L-Carnitine L-Tartrate Demand Share, 2019-2026
12. Asia Pacific L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical
12.4.2. Supplemant
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific L-Carnitine L-Tartrate Market Size and Volume Forecast by Type
12.7.1. L-Carnitine L-Tartrate Tables
12.7.2. L-Carnitine L-Tartrate Capsules
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 L-Carnitine L-Tartrate Demand Share, 2019-2026
13. Middle East & Africa L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate 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 L-Carnitine L-Tartrate Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical
13.4.2. Supplemant
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa L-Carnitine L-Tartrate Market Size and Volume Forecast by Type
13.7.1. L-Carnitine L-Tartrate Tables
13.7.2. L-Carnitine L-Tartrate Capsules
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 L-Carnitine L-Tartrate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global L-Carnitine L-Tartrate Market: Market Share Analysis
14.2. L-Carnitine L-Tartrate Distributors and Customers
14.3. L-Carnitine L-Tartrate 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. Foodchem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kaiyuan Hengtai Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hubei Hongjing Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shaoxing Yamei Biotechnology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xi'an Rongsheng Biotechnology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Glanbia Nutritionals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Huanggang Huayang Pharmaceutical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Otsuka Pharmaceutical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangsu Chengxin Pharmaceutical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Northwest Vital Bio-Tech
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