The Global L-carnitine Market size, and Forecast 2021 to 2028

L-Carnitine Market to 2027 - Global Analysis and Forecasts by Process (Chemical Synthesis, Bio-process); Product (Food, Pharmaceutical Grade, Feed Grade); Application (Animal Feed, Healthcare Products, Functional Drinks, Medicines)

  • Report Code : TIPRE00010170
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 147
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The L-carnitine market was valued at US$ 172.2 million in 2018 and is projected to reach US$ 262.6 million by 2027; it is expected to grow at a CAGR of 4.8% from 2019 to 2027.

L- Carnitine is an amino acid present in every cell of a human body, and it transports fatty acids to mitochondria, thereby helping in energy production. It functions as the engine inside a body, by burning the fats and creating usable energy out of them. A human body requires plenty of vitamin c to produce L-carnitine. It also serves as a nutrient and dietary supplement. L-Carnitine can be produced by consuming meat and fishes. L-Carnitine is known to enhance post-exercise recovery in older people.

Asia Pacific is estimated to register the fastest CAGR in the L- Carnitine market over the forecast period. The rapid growth of this region is primarily attributed to the rising awareness related to health benefits and rich nutritional profile offered by the products prepared from L-Carnitine. Due to the increase rate of lifestyle-related diseases, people are opting for a healthier lifestyle and food. L-Carnitine is increasingly consumed by users for weight management amid growing obesity across the world. Moreover, some studies also claim L-Carnitine to have antitumor and anti-cancer activities Further, it also helps in preventing heart-related diseases in patients who cannot synthesize L-Carnitine on their own. The increasing incidences of cardiovascular diseases in people of Asia countries has driven significant consumers towards opting for L-Carnitine supplements. Rising affluence, burgeoning consumer spending on preventive healthcare products, and increasing incidences of chronic diseases has augmented the sales of L-Carnitine based products. The growing popularity of L-Carnitine based functional drinks and beverages marketed as endurance promoting has led to significant consumption of L-Carnitine in recent period. Further, the growing demand for L-Carnitine in animal nutrition is projected to drive the market growth in the Asia Pacific region..

Global L-Carnitine Market

Global L-Carnitine Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Growing Demand for L-Carnitine as Additive in Animal Feed

L-Carnitine has been deemed efficient in increasing body weight gain and feed conversion in chickens, quails, piglets, and fish. L-Carnitine is increasingly used as additives in swine feeds to promote growth in pigs during their grower and finisher stages. The increasing consumption of L-Carnitine in swine nutrition to increase body weight and increase rib fat depth in sows is likely to give an impetus to the L-Carnitine market in the forecast period. The crucial role played by L-Carnitine in the swine industry to increase the total litter weight at birth and at weaning stages is also likely to spur the growth of L-Carnitine. Applications of L-Carnitine as a feed additive in the expanding poultry industry are also expected to create significant opportunities. The growing uses of L-Carnitine in formulating chicken feed to promote lipid distribution in broilers, improving egg promotion, and hatchability is likely to augment the consumption of LCarnitine in chicken nutrition. The fast-expanding animal husbandry and meat industry, coupled with increasing consumption of meat products to meet nutritional requirements across the world, has generated substantial demand for highly functional animal feed additives. The availability of meat at affordable prices and burgeoning meat consumption per capita is expected to foster the growth of the animal husbandry industry and subsequently promote the consumption of L-Carnitine in animal nutrition during the forecast period.

Process Insights

Based on process, the L-carnitine market has been segmented into chemical synthesis and bio-process. The market for bio-process is expected to grow at a higher CAGR during the forecast period. Bioprocess is a method employed in the production of L-Carnitine owing to its highest yield and the environmental benefits that it offers. An upsurge in demand for commercial product compels manufacturers to improve their production process to increase the yield. Biological processes making use of microorganisms and enzymes are inherently asymmetric processes. The most commonly used bioprocess that generates highest yield is based on the biotransformation of achiral precursors like 3- dehydrocarnitine, crotonobetaine and y-butyrobetaine or racemic mixtures such as D, L-carnitine, D, L-acyl carnitine and D, L –carnitinamide. Both, D-carnitine and crotonobetaine can be used as a biotransformation substrate for the production of l-carnitine. Increased productivity of L-Carnitine is also achieved by using a genetically modified strain overproducing the multifunctional protein CaiD that forms a part of both carnitine dehydrate (CDH) and carnitine racemase (CRac) activities. However, compared to the classical chemical method of racemate synthesis involving resolution of the enantiomers, the use of fed-batch cultivation of rhizobium like a strain for the enantioselective production of the racemate, involves 50% less of total organic waste, 25% less of water and 90% less water for incineration.

Global L-carnitine Market, by Process– 2018 & 2027

Global L-carnitine Market, by Process– 2018 & 2027
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Product Insights

Based on product, the L-carnitine market has been bifurcated into food, pharmaceutical grade, and feed grade. The pharmaceutical grade segment is expected to register the fastest growth rate during the forecast period. The pharmaceutical grade of L-Carnitine is used for human consumption in various applications like post –exercise recovery, weight management, male fertility, infant nutrition and healthy aging. NutraBio L-Carnitine is a pharmaceutical-grade amino acid that is tested for potency in the HPLC lab and is guaranteed to be free from any kind of harmful impurities. Dymatize Nutrition L-Carnitine Xtreme contains 100% pure pharmaceutical L-Carnitine. The L-Carnitine is similar to the nonessential amino acid carnitine and also helps in supporting muscle growth and development. It also helps in fat burning, improving resistance to muscle fatigue, and also helps in losing weight without feeling weak. Preliminary research has conveyed that supplementation with L-Carnitine both intravenously and orally may slow down the death of lymphocytes, thereby decreasing the rate of HIV progression in an HIV infected individual. Besides this, L-Carnitine in pharmaceutical-grade also helps in the treatment of various other diseases like cancer, type 2 diabetes, and AIDS..

Application Insights

Based on application, the L-carnitine market has been segmented into animal feed, healthcare products, functional drinks, and medicines. The functional drinks segment is expected to register the fastest growth rate during the forecast period. Bioprocess is a method employed in the production of L-Carnitine owing to its highest yield and the environmental benefits that it offers. An upsurge in demand for commercial product compels manufacturers to improve their production process to increase the yield. Biological processes making use of microorganisms and enzymes are inherently asymmetric processes. The most commonly used bioprocess that generates highest yield is based on the biotransformation of achiral precursors like 3- dehydrocarnitine, crotonobetaine and y-butyrobetaine or racemic mixtures such as D, L-carnitine, D, L-acyl carnitine and D, L –carnitinamide. Both, D-carnitine and crotonobetaine can be used as a biotransformation substrate for the production of l-carnitine. Increased productivity of L-Carnitine is also achieved by using a genetically modified strain overproducing the multifunctional protein CaiD that forms a part of both carnitine dehydrate (CDH) and carnitine racemase (CRac) activities. However, compared to the classical chemical method of racemate synthesis involving resolution of the enantiomers, the use of fed-batch cultivation of rhizobium like a strain for the enantioselective production of the racemate, involves 50% less of total organic waste, 25% less of water and 90% less water for incineration.

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L-Carnitine Market: Strategic Insights

l-carnitine-market
Market Size Value inUS$ 172.2 Million in 2018
Market Size Value byUS$ 262.6 Million by 2027
Growth rateCAGR of 4.8% from 2019-2027
Forecast Period2019-2027
Base Year2019
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Mergers &acquisition and research &development are commonly adopted by companies to expand their footprint worldwide, which is further impacting the size of the market. The players present in the markethave been implementing the several strategies to enlarge the customer base and to gain significant market share across the world, which also permits the players to maintain their brand name globally.

Report Spotlights

  • Progressive industry trends in the global L-carnitine market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the global L-carnitine market from 2017 to 2027
  • Estimation of global L-carnitine demand across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
  • Recent developments to understand the competitive market scenario and global L-carnitine demand
  • Market trends and outlook coupled with factors driving and restraining the growth of the global L-carnitine market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to global L-carnitine market growth
  • Global L-carnitine market size at various nodes of market
  • Detailed overview and segmentation of the global L-carnitine market, as well as its dynamics in the industry
  • Global L-carnitine market size in various regions with promising growth opportunities

By Process

  • Chemical Synthesis
  • Bio-process

By Product

  • Food
  • Pharmaceutical Grade
  • Feed Grade

By Application 

  • Animal Feed
  • Healthcare Products
  • Functional Drinks
  • Medicines

Company Profiles

  • ChengDaPharmaCeuticals Co., Ltd
  • Maxsun Industries Incorporated
  • ALPSURE LIFESCIENCES PVT. LTD
  • HuangGangHuaYang Pharmaceutical Co., Ltd
  • Kaiyuan Hengtai Nutrition Co., Ltd
  • Lonza Group Ltd
  • Northeast Pharmaceutical Group Co., Ltd
  • Cayman Chemical
  • MERCK KGaA
  • Biosint S.p.A.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Process ; Product ; Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


On the basis of process, the bioprocess segment is expected to grow at a faster pace during the forecast period of 2019-2027, why?

The bioprocess segment is expected to grow at a faster pace over the forecast period. Bioprocess is a method employed in the production of L-Carnitine owing to its highest yield and the environmental benefits that it offers. An upsurge in demand for commercial product compels manufacturers to improve their production process to increase the yield.

In 2018, which region accounted to hold the largest share for the global L-Carnitine market?

The L-Carnitine market was led by the North America region at a global level. The demand for L-Carnitine is expected to increase in the region with the rising demand from the pharmaceuticals & dietary supplements application as it is known to increase endurance and reduce fatigue. Moreover, daily consumption of L-Carnitine minimizes the risk of death from cardiovascular disorders. Therefore, raising awareness about the health benefits offered by L-Carnitine is boosting the market growth in the North America region.

Mention some of the major players operating in the global L-Carnitine market?

The major players operating in the global L-Carnitine market, includes Alpsure Lifesciences Pvt. Ltd, Biosint S.p.A., Cayman Chemical, Cheng Da PharmaCeuticals Co., Ltd, Huang Gang Hua Yang Pharmaceutical Co., Ltd, Kaiyuan Hengtai Nutrition Co., Ltd., Lonza Group Ltd, Maxsun Industries Incorporated, Merck KGaA, and Northeast Pharmaceutical Group Co., Ltd, and among many others.

The List of Companies - L-Carnitine Market

  1. Alpsure Life Sciences Pvt. Ltd.
  2. Biosint S.p.A
  3. Cayman Chemical
  4. ChengDa PharmaCeuticals Co., Ltd.
  5. HuangGang HuaYang Pharmaceutical Co., Ltd.
  6. Kaiyuan Hengtai Nutrition Co., Ltd.
  7. Lonza Group Ltd.
  8. Maxsun Industries Incorporated
  9. MERCK KGaA
  10. Northeast Pharmaceutical Group Co., Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

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  • Validates and strengthens in-house secondary research findings
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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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