L Carnitine Market to Grow at a CAGR of 4.8% to reach US$ 262.6 Million from 2019 to 2027

L Carnitine Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Process (Chemical Synthesis, Bio-process); Product (Food, Pharmaceutical Grade, Feed Grade); Application (Animal Feed, Healthcare Products, Functional Drinks, Medicines)

Publication Month: Apr 2020 | Report Code: TIPRE00009121 | No. of Pages: 147 | Category: Food and Beverages | Status: Published
Covid

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 a naturally occurring compound in the bodies of humans and animals which plays an important role of shuttling fatty acids to and fro in the cells to produce energy. It is produced in the liver and kidneys. However, certain individuals are unable to produce or synthesize required amount of L-Carnitine owing to genetic conditions or defects. Individuals unable to synthesize L-Carnitine suffer from primary and secondary carnitine deficiency. The US Food and Drug Administration (FDA) has approved the use of oral and intravenous (IV) L-Carnitine for treating primary and secondary carnitine deficiency. At present, L-Carnitine is commercially advertised as nutritional supplements to enhance exercise performance and promote weight loss. It is approved tobe used in the treatment of carnitine deficiencies in patients at the end stage of renal diseases undergoing hemodialysis. Due to Covid-19 outbreak, the demand for L-Carnitine supplements have risen which is expected to boost the market growth in future. Besides its uses in human nutrition, L-Carnitine is also used as an additive in the formulation of animal feed formulations. It is used in the poultry industry to increase egg production and improve egg hatchability.

 

North America accounted for the largest market share of the global L-carnitine market. The growth of the L-Carnitine market in this region is primarily attributed to rapid growth in the pharmaceuticals & dietary supplements and food and beverage industry in the US and Canada. Rising demand for healthy and nutritional food and beverages among the health-conscious consumers is the major factor driving the L-Carnitine market in North America. Additionally, the demand for anti-aging products is increasing owing to the increasing aging population in the region. L-Carnitine is used as an additive ingredient in animal feed industry, and growing awareness about the benefits of using L-Carnitine in animal feed has boosted the growth of L-Carnitine market in North America.

 

Global L-Carnitine Market

Global L-Carnitine Market

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Market Insights

Growing Demand for L-Carnitine Supplements to Enable Efficient Conversion of Food into Energy

L-Carnitine has been recommended by medical professionals globally to individuals with genetic disorders whose bodies are unable to naturally synthesize carnitine. L-Carnitine plays a major role in keeping up with the requirements of energy production in the body, as it is involved in transporting long-chain fatty acids to the mitochondria for energy production. The US Food and Drug Administration has approved the use of (IV) L-Carnitine for treating primary and secondary carnitine deficiencies. L-Carnitine supplements are also used to treat carnitine deficiencies resulting from poor carnitine absorption and chronic kidney failure. Moreover, the widespread use of carnitine in treating carnitine deficiency in end-stage of renal diseases resulting from dialysis has compounded the consumption of L-Carnitine in the form of supplements. The use of L-Carnitine in the form of supplements to cure involuntary weight loss and increase the body mass index (BMI) in patients with cachexia or wasting syndrome has steadily risen. Rising consumption of L-Carnitine to improve lean body mass in people with wasting syndrome is expected to further boost the growth of the L-Carnitine market. Furthermore, the benefits of L-Carnitine in improving endurance, weight management, and promoting efficient conversion of food into energy is anticipated to drive the consumption of L-Carnitine during the forecast period.

 

Process Insights

Based on process, the L-carnitine market has been segmented into chemical synthesis and bio-process. The chemical synthesis accounted for the largest share in the global L-carnitine market, whereas the market for bio-processis expected to grow at a higher CAGR during the forecast period. The most commonly used chemical synthesis process for manufacturing L-Carnitine is chemical multistep racemization that generates a racemic mixture with D-carnitine as its byproduct. Chemical synthesis involves a two-step process. First being, the formation of hydroxyl-activated (S)-3- hydroxybutyrolactone (a methane sulfonate), followed by conversion of hydroxyl activated (S)-3- hydroxybutyrolactone to L-Carnitine by reaction with trimethylamine in water. The chemical synthesis process of manufacturing L-Carnitine are largely being carried out by the manufacturers.

 

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

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

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ProductInsights

Based on product, the L-carnitine market has been bifurcated into food, pharmaceutical grade, and feed grade. The food segment accounted for the largest share in the global L-carnitine market, whereas the pharmaceutical grade segment is expected to register the fastest growth rate during the forecast period. Food sources of L-Carnitine have greater absorption rate than supplements. According to one study, a body absorbs 57-84% of L-Carnitine when it is consumed in the form of food compared to only 14-18% when taken as supplements. The benefits of consuming L-Carnitine in food are that, it helps to treat heart conditions such as heart failure or heart attack, angina and diabetic neuropathy. Besides this, L-Carnitine as an antioxidant fights off harmful free radicals that can lead to severe damage to cells.

 

ApplicationInsights

Based on application, the L-carnitine market has been segmented into animal feed, healthcare products, functional drinks, and medicines. The healthcare products segment accounted for the largest share in the global L-carnitine market, whereas the functional drinks segment is expected to register the fastest growth rate during the forecast period. L-Carnitine is used in the production of healthcare products like nutrient supplements and powder supplements for weight management, energy, and endurance. Including L-Carnitine in diet supplements help in treating low blood levels. The various chemical properties attributed to the L-Carnitine have led to an upsurge for its application in the healthcare industry that has favored the L-Carnitine market on a significant scale worldwide.

 

Strategic Insights

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 market have 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
  • KaiyuanHengtai Nutrition Co., Ltd
  • Lonza Group Ltd
  • Northeast Pharmaceutical Group Co., Ltd
  • Cayman Chemical
  • MERCK KGaA
  • Biosint S.p.A.

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1.1        Data Collection:

3.1.2        Primary Interviews:

3.1.3        Hypothesis formulation:

3.1.4        Macro-economic factor analysis:

3.1.5        Developing base number:

3.1.6        Data Triangulation:

3.1.7        Country level data:

4.             L-Carnitine Market Landscape

4.1       Market Overview

4.2       .PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Expert Opinion

5.             L-Carnitine Market –Market Dynamics

5.1       Market Drivers

5.1.1        Growing Demand for L-Carnitine Supplements to Enable Efficient Conversion of Food into Energy

5.1.2        Rising Demand for Personalized Nutrition, Heart Health, and Athletic Performance

5.2       Market Restraints

5.2.1        Adverse Effects of L-Carnitine

5.3       Market Opportunities

5.3.1        Burgeoning consumption of L-Carnitine Across North America

5.4       Future Trends

5.4.1        Growing Demand for L-Carnitine as Additive in Animal Feed

5.5       Impact Analysis of Drivers And Restraints

6.             L-Carnitine– Global Market Analysis

6.1       L-Carnitine Market Overview

6.2       L-Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

6.3       Market Positioning – Global Market Players

7.             Global L - Carnitine Market Analysis – By Product

7.1       Overview

7.2       Global L-Carnitine Market Breakdown, By Product, 2018 & 2027

7.3       Food

7.3.1        Overview

7.3.2        Global L-Carnitine Market in Food Segment: Revenue and Forecasts to 2027 (US$ Mn)

7.4       Pharmaceutical Grade

7.4.1        Overview

7.4.2        Global L-Carnitine Market in Pharmaceutical Grade Segment: Revenue and Forecasts to 2027 (US$ Mn)

7.5       Feed Grade

7.5.1        Overview

7.5.2        Global L-Carnitine Market in Feed Grade Segment: Revenue Forecasts to 2027 (US$ Mn)

8.             Global L-Carnitine Market Analysis – By Application

8.1       Overview

8.2       Global L-Carnitine Market Breakdown, By Application, 2018 & 2027

8.3       Animal Feed

8.3.1        Overview

8.3.2        Global L-Carnitine Market in Animal Feed Segment: Revenue and Forecasts to 2027 (US$ Mn)

8.4       Healthcare Products

8.4.1        Overview

8.4.2        Global L-Carnitine Market in Healthcare Products Segment: Revenue and Forecasts to 2027 (US$ Mn)

8.5       Functional Drinks

8.5.1        Overview

8.5.2        Global L-Carnitine Market in Functional Drinks Segment: Revenue and Forecast to 2027 (US$ Mn)

8.6       Medicines

8.6.1        Overview

8.6.2        Global L-Carnitine Market in Medicines Segment: Revenue and Forecast to 2027 (US$ Mn)

9.             Carnitine Market Analysis – By Process

9.1       Overview

9.2       L-Carnitine Market, by Process, (2018 & 2027)

9.3       Chemical Synthesis

9.3.1        Overview

9.3.2        Global L-Carnitine Market in Chemical Synthesis Segment: Revenue and Forecast to 2027 (US$ Mn)

9.4       Bioprocess

9.4.1        Overview

9.4.2        Global L-Carnitine Market in Bioprocess Segment: Revenue and Forecast to 2027 (US$ Mn)

10.          L Carnitine Market – Geographic Analysis

10.1    Overview

10.2    North America: L CarnitineMarket

10.2.1     North America: L Carnitine Market –Revenue and Forecast to 2027(US$ Mn)

10.2.2     North America: L-Carnitine Market, by Process

10.2.3     North America: L Carnitine Market, by Product

10.2.4     North America: L Carnitine Market, by Application

10.2.5     North America:L Carnitine Market, by Key Country

10.2.5.1    US: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.2.5.1.1    US: L CarnitineMarket, by Process

10.2.5.1.2    US: L CarnitineMarket, by Product

10.2.5.1.3    US: L CarnitineMarket, by Application

10.2.5.2    Canada: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.2.5.2.1    Canada: L CarnitineMarket, by Process

10.2.5.2.2    Canada: L CarnitineMarket, by Product

10.2.5.2.3    Canada: L CarnitineMarket, by Application

10.2.5.3    Mexico: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.2.5.3.1    Mexico: L CarnitineMarket, by Process

10.2.5.3.2    Mexico: L Carnitine Market, by Product

10.2.5.3.3    Mexico: L CarnitineMarket, by Application

10.3    Europe: L Carnitine Market

10.3.1     Europe:L CarnitineMarket –Revenue and Forecast to 2027(US$ Mn)

10.3.2     Europe:L CarnitineMarket,byProcess

10.3.3     Europe: L CarnitineMarket, by Product

10.3.4     Europe: L CarnitineMarket, by Application

10.3.5     Europe:L Carnitine Market, by Key Country

10.3.5.1    Germany: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.1.1    Germany: L CarnitineMarket, by Process

10.3.5.1.2    Germany: L CarnitineMarket, by Product

10.3.5.1.3    Germany: L CarnitineMarket, by Application

10.3.5.2    France: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.2.1    France: L CarnitineMarket, by Process

10.3.5.2.2    France: L CarnitineMarket, by Product

10.3.5.2.3    France: L CarnitineMarket, by Application

10.3.5.3    UK: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.3.1    UK: L CarnitineMarket, by Process

10.3.5.3.2    UK: L Carnitine Market, by Product

10.3.5.3.3    UK: L Carnitine Market, by Application

10.3.5.4    Spain: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.4.1    Spain: L CarnitineMarket, by Process

10.3.5.4.2    Spain: L CarnitineMarket, by Product

10.3.5.4.3    Spain: L CarnitineMarket, by Application

10.3.5.5    Italy: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.5.1    Italy: L Carnitine Market, by Process

10.3.5.5.2    Italy: L Carnitine Market, by Product

10.3.5.5.3    Italy: L Carnitine Market, by Application

10.3.5.6    Rest of Europe: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.3.5.6.1    Rest of Europe: L CarnitineMarket, by Process

10.3.5.6.2    Rest of Europe: L CarnitineMarket, by Product

10.4    Asia Pacific: L CarnitineMarket

10.4.1     Asia Pacific: L CarnitineMarket –Revenue and Forecast to 2027(US$ Mn)

10.4.2     Asia Pacific: L CarnitineMarket, by Process

10.4.3     Asia Pacific: L CarnitineMarket, by Product

10.4.4     Asia Pacific: L CarnitineMarket, by Application

10.4.5     Asia Pacific: L Carnitine Market, by Key Country

10.4.5.1    China: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.1.1    China: L CarnitineMarket, by Process

10.4.5.1.2    China: L CarnitineMarket, by Product

10.4.5.1.3    China: L CarnitineMarket, by Application

10.4.5.2    Australia: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.2.1    Australia: L CarnitineMarket, by Process

10.4.5.2.2    Australia: L CarnitineMarket, by Product

10.4.5.2.3    Australia: L CarnitineMarket, by Application

10.4.5.3    Japan: L CarnitineMarket –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.3.1    Japan: L CarnitineMarket, by Process

10.4.5.3.2    Japan: L CarnitineMarket, by Product

10.4.5.3.3    Japan: L CarnitineMarket, by Application

10.4.5.4    India: L CarnitineMarket –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.4.1    India: L CarnitineMarket, by Process

10.4.5.4.2    India: L CarnitineMarket, by Product

10.4.5.4.3    India: L CarnitineMarket, by Application

10.4.5.5    South Korea: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.5.1    South Korea: L Carnitine Market, by Process

10.4.5.5.2    South Korea: L Carnitine Market, by Product

10.4.5.5.3    South Korea: L Carnitine Market, by Application

10.4.5.6    Rest of Asia Pacific: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.4.5.6.1    Rest of Asia Pacific: L CarnitineMarket, by Process

10.4.5.6.2    Rest of Asia Pacific: L CarnitineMarket, by Product

10.5    MEA: L-Carnitine Market

10.5.1     MEA: L Carnitine Market –Revenue and Forecast to 2027(US$ Mn)

10.5.2     MEA: L Carnitine Market, by Process

10.5.3     MEA: L Carnitine Market, by Product

10.5.4     MEA: L Carnitine Market, by Application

10.5.5     MEA: L Carnitine Market, by Key Country

10.5.5.1    South Africa: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.1.1    South Africa: L Carnitine Market, by Process

10.5.5.1.2    South Africa: L CarnitineMarket, by Product

10.5.5.1.3    South Africa: L CarnitineMarket, by Application

10.5.5.2    Saudi Arabia: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.2.1    Saudi Arabia: L Carnitine Market, by Process

10.5.5.2.2    Saudi Arabia: L Carnitine Market, by Product

10.5.5.2.3    Saudi Arabia: L Carnitine Market, by Application

10.5.5.3    UAE: L-Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.3.1    UAE: L Carnitine Market, by Process

10.5.5.3.2    UAE: L Carnitine Market, by Product

10.5.5.3.3    UAE: L Carnitine Market, by Application

10.5.5.4    Rest of MEA: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.5.5.4.1    Rest of MEA: L Carnitine Market, by Process

10.5.5.4.2    Rest of MEA: L Carnitine Market, by Product

10.5.5.4.3    Rest of MEA: L CarnitineMarket, by Application

10.6    South America: L Carnitine Market

10.6.1     South America: L Carnitine Market –Revenue and Forecast to 2027(US$ Mn)

10.6.2     South America: L Carnitine Market, by Process

10.6.3     South America: L Carnitine Market, by Product

10.6.4     South America: L Carnitine Market, by Application

10.6.5     South America: L Carnitine Market, by Key Country

10.6.5.1    Brazil: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.6.5.1.1    Brazil: L Carnitine Market, by Process

10.6.5.1.2    Brazil: L Carnitine Market, by Fiber Type

10.6.5.1.3    Brazil: L Carnitine Market, by Application

10.6.5.2    Argentina: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.6.5.2.1    Argentina: L Carnitine Market, by Process

10.6.5.2.2    Argentina: L Carnitine Market, by Product

10.6.5.2.3    Argentina: L Carnitine Market, by Application

10.6.5.3    Rest of South America: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

10.6.5.3.1    Rest of South America: L Carnitine Market, by Process

10.6.5.3.2    Rest of South America: L Carnitine Market, by Product

10.6.5.3.3    Rest of South America: L Carnitine Market, by Application

11.          Overview- Impact of Coronavirus outbreak

12.          Impact of COVID-19 Pandemic on Global L Carnitine Market

12.1    North America: Impact Assessment of COVID-19 Pandemic

12.2    Europe: Impact assessment of COVID-19 Pandemic

12.3    Asia-Pacific: Impact assessment of COVID-19 Pandemic

12.4    Middle East and Africa: Impact assessment of COVID-19 Pandemic

12.5    South America: Impact assessment of COVID-19 Pandemic

13.          Company Profiles

13.1    ChengDa PharmaCeuticals Co.,Ltd

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.2    Maxsun Industries Incorporated

13.2.1     Key Facts

13.2.2     Business Description

13.2.2.1    Products and Services

13.2.3     Financial Overview

13.2.4     SWOT Analysis

13.3    ALPSURE LIFESCIENCES PVT. LTD.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products And Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.4    HuangGang HuaYang Pharmaceutical Co.,Ltd

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.5    Kaiyuan Hengtai Nutrition Co., Ltd.

13.5.1     Key Facts

13.5.2     Business Description

13.5.2.1    Products and Services

13.5.3     Financial Overview

13.5.4     SWOT Analysis

13.6    Lonza Group Ltd

13.6.1     Key Facts

13.6.2     Business Description

13.6.2.1    Products and Services

13.6.3     Financial Overview

13.6.4     SWOT Analysis

13.6.5     Key Developments

13.7    Northeast Pharmaceutical Group Co.,Ltd

13.7.1     Key Facts

13.7.2     Business Description

13.7.2.1    Products and Services

13.7.3     Financial Overview

13.7.4     SWOT Analysis

13.8    Cayman Chemical

13.8.1     Key Facts

13.8.2     Business Description

13.8.2.1    Products and Services

13.8.3     Financial Overview

13.8.4     SWOT Analysis

13.9    MERCK KGaA

13.9.1     Key Facts

13.9.2     Business Description

13.9.2.1    Products and Services

13.9.3     Financial Overview

13.9.4     SWOT Analysis

13.9.5     Key Developments

13.10 Biosint S.p.A.

13.10.1   Key Facts

13.10.2   Business Description

13.10.2.1 Products and Services

13.10.3   Financial Overview

13.10.4   SWOT Analysis

14.          Appendix

14.1    About The Insight Partners

14.2    Glossary

LIST OF TABLES

Table 1.             L-Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Table 2.             North America L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 3.             North America L Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 4.             North America L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 5.             US L CarnitineMarket, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 6.             US L CarnitineMarket, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 7.             US L CarnitineMarket, by Application– Revenue and Forecast to 2027 (USD Mn)

Table 8.             Canada L CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 9.             Canada L Carnitine Market, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 10.          Canada L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 11.          MexicoL CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 12.          MexicoL Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 13.          Mexico L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 14.          EuropeL CarnitineMarket, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 15.          EuropeL CarnitineMarket, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 16.          Europe L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 17.          GermanyL Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 18.          GermanyL CarnitineMarket, by Fiber Type – Revenue and Forecast to 2027 (USD Mn)

Table 19.          Germany L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 20.          FranceL Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 21.          FranceL Carnitine Market, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 22.          France L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 23.          UKL Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 24.          UKL Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 25.          UK L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 26.          SpainL Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 27.          SpainL Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 28.          SpainL Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 29.          Italy L Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 30.          Italy L Carnitine Market, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 31.          Italy L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 32.          Rest of EuropeL CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 33.          Rest of EuropeL CarnitineMarket, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 34.          Rest of Europe L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 35.          Asia Pacific L Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 36.          Asia Pacific L CarnitineMarket, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 37.          Asia Pacific L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 38.          China L CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 39.          China L CarnitineMarket, by Fiber Type – Revenue and Forecast to 2027 (USD Mn)

Table 40.          China L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 41.          Australia L CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 42.          Australia L CarnitineMarket, by Fiber Type – Revenue and Forecast to 2027 (USD Mn)

Table 43.          Australia L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 44.          Japan L CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 45.          Japan L CarnitineMarket, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 46.          Japan L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 47.          India L CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 48.          India L CarnitineMarket, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 49.          India L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 50.          South Korea L Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 51.          South Korea L Carnitine Market, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 52.          South Korea L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 53.          Rest of Asia Pacific L CarnitineMarket, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 54.          Rest of Asia Pacific L CarnitineMarket, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 55.          Rest of Asia Pacific L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 56.          MEA L Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 57.          MEA L Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 58.          MEA L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 59.          South Africa L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 60.          South Africa L CarnitineMarket, by Fiber Type – Revenue and Forecast to 2027 (USD Mn)

Table 61.          South Africa L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 62.          Saudi Arabia L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 63.          Saudi Arabia L Carnitine Market, by Fiber Type – Revenue and Forecast to 2027 (USD Mn)

Table 64.          Saudi Arabia L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 65.          UAE L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 66.          UAE L Carnitine Market, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 67.          UAE L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 68.          Rest of MEA L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 69.          Rest of MEA L Carnitine Market, by Product – Revenue and Forecast to 2027 (USD Mn)

Table 70.          Rest of MEA L CarnitineMarket, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 71.          South America L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 72.          South America L-Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 73.          South America L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 74.          Brazil L Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 75.          Brazil L Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 76.          Brazil L Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 77.          Argentina L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 78.          Argentina L Carnitine Market, by Process – Revenue and Forecast to 2027 (USD Mn)

Table 79.          Argentina L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 80.          Rest of South America L Carnitine Market, by Process– Revenue and Forecast to 2027 (USD Mn)

Table 81.          Rest of South America L Carnitine Market, by Product– Revenue and Forecast to 2027 (USD Mn)

Table 82.          Rest of South America L Carnitine Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 83.          Glossary of Terms, Global L-Carnitine Market

 

LIST OF FIGURES

Figure 1.           L-Carnitine Market Segmentation

Figure 2.           L-Carnitine Market Segmentation – By Geography

Figure 3.           Global L-Carnitine Market Overview

Figure 4.           Food Segment Held Largest Share of Global L-Carnitine Market

Figure 5.           North America Region Held Largest Share of Global L-Carnitine Market

Figure 6.           Global L-Carnitine Market, Industry Landscape

Figure 7.           North America PEST Analysis

Figure 8.           Europe – PEST Analysis

Figure 9.           APAC: PEST Analysis

Figure 10.        MEA: PEST Analysis

Figure 11.        SAM: PEST Analysis

Figure 12.        Expert Opinion

Figure 13.        L-Carnitine Market Impact Analysis of Drivers And Restraints

Figure 14.        Geographic Overview of L-Carnitine Market

Figure 15.        L-Carnitine Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 16.        Global L-Carnitine Market Breakdown By Product, Value, 2018 & 2027 (%)

Figure 17.        Global L-Carnitine Market in Food Segment: Revenue and Forecasts to 2027

Figure 18.        Global L-Carnitine Market in Pharmaceutical Grade Segment: Revenue and Forecasts To 2027 (US$ Mn)

Figure 19.        Global L-Carnitine Market in Feed Grade Segment: Revenue and Forecasts To 2027 (US$ Mn)

Figure 20.        Global L-Carnitine Market Breakdown By Application, Value, 2018 & 2027 (%)

Figure 21.        Global L-Carnitine Market in Animal Feed Segment: Revenue and Forecasts To 2027 (US$ Mn)

Figure 22.        Global L-Carnitine Market in Healthcare Products Segment: Revenue and Forecasts To 2027 (US$ Mn)

Figure 23.        Global L-Carnitine Market in Functional Drinks Segment: Revenue and Forecast to 2027 (US$ Mn)

Figure 24.        Global L-Carnitine Market in Medicines Segment: Revenue and Forecast to 2027 (US$ Mn)

Figure 25.        L-Carnitine Breakdown, by Process, 2018 & 2027 (%)

Figure 26.        Global L-Carnitine Market in Chemical Synthesis Segment: Revenue and Forecast to 2027 (US$ Mn)

Figure 27.        Global L-Carnitine Market in Bioprocess Segment: Revenue and Forecast to 2027 (US$ Mn)

Figure 28.        Global L Carnitine Market Revenue Share, by Region (2018 and 2027)

Figure 29.        North America: L Carnitine Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 30.        North America: L Carnitine Market Revenue Share, by Process(2018 and 2027)

Figure 31.        North America: L Carnitine Market Revenue Share, by Product(2018 and 2027)

Figure 32.        North America: L Carnitine Market Revenue Share, by Application (2018 and 2027)

Figure 33.        North America: L Carnitine Market Revenue Share, by Key Country (2018 and 2027)

Figure 34.        US: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 35.        Canada: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 36.        Mexico: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 37.        Europe: L Carnitine Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 38.        Europe: L Carnitine Market Revenue Share, by Process (2018 and 2027)

Figure 39.        Europe: L Carnitine Market Revenue Share, by Product (2018 and 2027)

Figure 40.        Europe: L Carnitine Market Revenue Share, by Application (2018 and 2027)

Figure 41.        Europe: L Carnitine Market Revenue Share, by Key Country (2018 and 2027)

Figure 42.        Germany: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 43.        France: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 44.        UK: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 45.        Spain: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 46.        Italy: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 47.        Rest of Europe: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 48.        Asia Pacific: L Carnitine Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 49.        Asia Pacific: L Carnitine Market Revenue Share, by Process (2018 and 2027)

Figure 50.        Asia Pacific: L Carnitine Market Revenue Share, by Product (2018 and 2027)

Figure 51.        Asia Pacific: L Carnitine Market Revenue Share, by Application (2018 and 2027)

Figure 52.        Asia Pacific: L Carnitine Market Revenue Share, by Key Country (2018 and 2027)

Figure 53.        China: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 54.        Australia: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 55.        Japan: L CarnitineMarket –Revenue and Forecast to 2027 (US$ Mn)

Figure 56.        India: L CarnitineMarket –Revenue and Forecast to 2027 (US$ Mn)

Figure 57.        South Korea: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 58.        Rest of Asia Pacific: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 59.        MEA: L Carnitine Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 60.        MEA: L Carnitine Market Revenue Share, by Process (2018 and 2027)

Figure 61.        MEA: L Carnitine Market Revenue Share, by Product (2018 and 2027)

Figure 62.        MEA: L Carnitine Market Revenue Share, by Application (2018 and 2027)

Figure 63.        MEA: L Carnitine Market Revenue Share, by Key Country (2018 and 2027)

Figure 64.        South Africa: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 65.        Saudi Arabia: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 66.        UAE: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 67.        Rest of MEA: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 68.        South America: L Carnitine Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 69.        South America: L Carnitine Market Revenue Share, by Process (2018 and 2027)

Figure 70.        South America: L Carnitine Market Revenue Share, by Product (2018 and 2027)

Figure 71.        South America: L Carnitine Market Revenue Share, by Application (2018 and 2027)

Figure 72.        South America: L Carnitine Market Revenue Share, by Key Country (2018 and 2027)

Figure 73.        Brazil: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 74.        Argentina: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 75.        Rest of South America: L Carnitine Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 76.        IMPACT OF COVID-19 PANDEMIC IN NORTH AMERICAN COUNTRY MARKETS

Figure 77.        IMPACT OF COVID-19 PANDEMIC IN EUROPE COUNTRY MARKETS

Figure 78.        IMPACT OF COVID-19 PANDEMIC IN ASIA PACIFIC COUNTRY MARKETS

Figure 79.        IMPACT OF COVID-19 PANDEMIC IN MIDDLE EAST AND AFRICA COUNTRY MARKETS

Figure 80.        IMPACT OF COVID-19 PANDEMIC IN SOUTH AMERICA COUNTRY MARKETS

 

 

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.
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the L Carnitine Market – Global Forecasts to 2027 – Covid-19 Impact and Analysis –, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Frequently Asked Questions

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 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.

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.

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