Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global L-carnitine 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global L-carnitine 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131856 3300 Chemical & Material 377 231 Pages 5 (48)
                                          

Market Overview:


The global L-carnitine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the benefits of L-carnitine, increasing demand for healthy and functional foods, and growing demand for L-carnitine in pharmaceuticals. However, stringent regulatory norms related to food additives are restraining the growth of the global L-carnitine market. On the basis of type, the global L-carnitine market is segmented into food grade, feed grade, and pharmaceutical grade. The food grade segment is expected to account for a major share of the global L- carnitine market in 2018 owing to its widespread use in various applications such as animal feed and human food products. On the basis of application,the globalL - carnitinemarketis divided into animal feed, health care products,, functional drinks,, medicine,,and others segments.


Global L-carnitine Industry Outlook


Product Definition:


L-carnitine is an amino acid that helps the body turn fat into energy. It plays a role in weight loss, heart health, and muscle growth.


L-Carnitine Food Grade:


L-carnitine is a naturally occurring amino acid that helps in fat burning. It also has anti-aging, muscle recovery and satiety properties. L carnitine food grade is used as an additive in dietary supplements to increase energy levels, weight loss results and muscle recovery during training sessions.


L-Carnitine Feed Grade:


L-carnitine is an amino acid that is present in the animal and plant based foods. It helps to improve weight management, muscle repair, and cardiovascular health. L-carnitine can be naturally synthesized by the human body from certain food sources such as meat products like beef liver or livers of other animals; however, it may not be produced in adequate quantities for human consumption.


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 in poultry diets as it helps improve the condition of muscles, heart, liver and kidneys. It also plays a crucial role in maintaining metabolism at optimum levels.


L-carnitine has widespread applications across functional drinks, health care products medicine others such as pet food supplements owing to its ability to promote weight loss by enhancing metabolic rate. Rising awareness regarding healthy lifestyle practices among consumers coupled with increasing demand for nutritional supplements that promote weight management are expected drive l-carnitine consumption across various application industries over the forecast period.


Regional Analysis:


Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising disposable income, increasing population, and growing consumer awareness regarding health & fitness. In addition, factors such as favorable government policies and expansion of retail chains are anticipated to boost demand for nutritional products in this region.


The Asia Pacific market was valued at USD X billion in 2017.


Growth Factors:


  • Increasing awareness about the health benefits of L-carnitine is expected to drive the growth of the market.
  • Rising prevalence of lifestyle diseases such as obesity and diabetes is anticipated to fuel demand for L-carnitine supplements over the forecast period.
  • Growing popularity of fitness regimes and weight loss programs is projected to boost uptake of L-carnitine supplements in the coming years.
  • increasing research on potential therapeutic applications for L-Carnitine is likely to create new opportunities for market growth over the forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

L-carnitine 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

Lonza Group, Northeast Pharmaceutical, Hengtai Chemical, Chengda Pharmaceutical, Koncepnutra, HuaYang, Biosint, Hongjing Chemical, KangXin Chemical, Kangjian Chemical, AIDP

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

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global L-carnitine Market Report Segments:

The global L-carnitine 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:

  1. Lonza Group
  2. Northeast Pharmaceutical
  3. Hengtai Chemical
  4. Chengda Pharmaceutical
  5. Koncepnutra
  6. HuaYang
  7. Biosint
  8. Hongjing Chemical
  9. KangXin Chemical
  10. Kangjian Chemical
  11. AIDP

Global L-carnitine Market Overview


Highlights of The L-carnitine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. L-Carnitine Food Grade
    2. L-Carnitine Feed Grade
    3. L-Carnitine Pharmaceutical Grade
  1. By Application:

    1. Animal Food
    2. Health Care Products
    3. Functional Drinks
    4. Medicine
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 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.

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

Global L-carnitine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


L-carnitine is a nutrient found in red meat, poultry, and fish. It helps the body convert food into energy.

Some of the key players operating in the l-carnitine market are Lonza Group, Northeast Pharmaceutical, Hengtai Chemical, Chengda Pharmaceutical, Koncepnutra, HuaYang, Biosint, Hongjing Chemical, KangXin Chemical, Kangjian Chemical, AIDP.

The l-carnitine market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. 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. 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. L-carnitine Market - Supply Chain
   4.5. Global L-carnitine Market Forecast
      4.5.1. L-carnitine Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. L-carnitine Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. L-carnitine Market Absolute $ Opportunity

5. Global 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. L-carnitine Market Size and Volume Forecast by Type
      5.3.1. L-Carnitine Food Grade
      5.3.2. L-Carnitine Feed Grade
      5.3.3. L-Carnitine Pharmaceutical Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global 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. L-carnitine Market Size and Volume Forecast by Application
      6.3.1. Animal Food
      6.3.2. Health Care Products
      6.3.3. Functional Drinks
      6.3.4. Medicine
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global 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. 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 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. 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 L-carnitine Demand Share Forecast, 2019-2029

9. North America 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 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 L-carnitine Market Size and Volume Forecast by Application
      9.4.1. Animal Food
      9.4.2. Health Care Products
      9.4.3. Functional Drinks
      9.4.4. Medicine
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America L-carnitine Market Size and Volume Forecast by Type
      9.7.1. L-Carnitine Food Grade
      9.7.2. L-Carnitine Feed Grade
      9.7.3. L-Carnitine Pharmaceutical Grade
   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 Demand Share Forecast, 2019-2029

10. Latin America 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 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 L-carnitine Market Size and Volume Forecast by Application
      10.4.1. Animal Food
      10.4.2. Health Care Products
      10.4.3. Functional Drinks
      10.4.4. Medicine
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America L-carnitine Market Size and Volume Forecast by Type
      10.7.1. L-Carnitine Food Grade
      10.7.2. L-Carnitine Feed Grade
      10.7.3. L-Carnitine Pharmaceutical Grade
   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 Demand Share Forecast, 2019-2029

11. Europe 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 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 L-carnitine Market Size and Volume Forecast by Application
      11.4.1. Animal Food
      11.4.2. Health Care Products
      11.4.3. Functional Drinks
      11.4.4. Medicine
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe L-carnitine Market Size and Volume Forecast by Type
      11.7.1. L-Carnitine Food Grade
      11.7.2. L-Carnitine Feed Grade
      11.7.3. L-Carnitine Pharmaceutical Grade
   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 L-carnitine Demand Share, 2019-2029

12. Asia Pacific 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 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 L-carnitine Market Size and Volume Forecast by Application
      12.4.1. Animal Food
      12.4.2. Health Care Products
      12.4.3. Functional Drinks
      12.4.4. Medicine
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific L-carnitine Market Size and Volume Forecast by Type
      12.7.1. L-Carnitine Food Grade
      12.7.2. L-Carnitine Feed Grade
      12.7.3. L-Carnitine Pharmaceutical Grade
   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 Demand Share, 2019-2029

13. Middle East & Africa 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 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 L-carnitine Market Size and Volume Forecast by Application
      13.4.1. Animal Food
      13.4.2. Health Care Products
      13.4.3. Functional Drinks
      13.4.4. Medicine
      13.4.5. Others
   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 Market Size and Volume Forecast by Type
      13.7.1. L-Carnitine Food Grade
      13.7.2. L-Carnitine Feed Grade
      13.7.3. L-Carnitine Pharmaceutical Grade
   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 Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global L-carnitine Market: Market Share Analysis
   14.2. L-carnitine Distributors and Customers
   14.3. L-carnitine Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Lonza Group
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Northeast Pharmaceutical
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. 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. Chengda 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. Koncepnutra
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. HuaYang
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Biosint
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Hongjing 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. KangXin Chemical
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Kangjian Chemical
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. AIDP
         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

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