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)

    Publication Month: Apr 2020 | Report Code: TIPRE00010170 | No. of Pages: 147 | Category: Food and Beverages | Status: Published

    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

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    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

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    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.

    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 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.

    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 global L-Carnitine Market, 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 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.
    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 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.

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