Global L-carnitine Market Insights 2023, Analysis and Forecast to 2030, By Process, Product, Application
- Published Date : 2023-10-24
- Pages : 100
- Report Id : 69258
- Categories : Consumer Goods
This report describes the global market size of L-carnitine market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and it is expected to grow with a CAGR of 5.0% from 2023 to 2030.
The human brain, liver, and kidneys produce the molecule L-carnitine. It improves the body's conversion of fat into energy. A rising population of health-conscious consumers, an increase in the number of L-carnitine-containing product launches, and rising demand from the animal feed industry are all contributing to the market's rapid expansion.
Due to the COVID-19 pandemic and Russia-Ukraine war influence, the global market for L-carnitine market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 5.0% during the forecast period 2023-2030. North American market for L-carnitine market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report covers following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each region are also included such as United States, China, Japan, India, Korea, Germany, France, UK, Italy, Spain, and Brazil etc.
For competitor segment, the report includes global key players of L-carnitine market as well as some small players. The information for each competitor includes:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Process
Chemical Synthesis
Bioprocess
With a 72.0% revenue share in 2022, the bioprocess segment held the majority of the market share. This can be attributed to the manufacturers improving their procedures to increase manufacturing yield in response to the increased commercial demand for L-carnitine. The majority of biological processes involving microbes and enzymes are asymmetrical processes that have historically provided high output yields.
By Product
Food & Pharma Grade
Feed Grade
With a sales share of 79.5% in 2022, the grade for food and pharmaceuticals dominated the market. This is due to its widespread ingestion by humans for a variety of purposes, such as post-exercise recovery, healthy ageing, male fertility, baby nourishment, and weight management.
By Application
Animal Feed
Healthcare Products
Functional Animal Feeds
Medicines
Healthcare accounted for 35.0% of market revenue in 2022. Its widespread use in weight loss and stamina supplements explains this. Due to obesity, rising consumer awareness of personal health and wellness, changing lifestyles, and expanding spending capacity, the dietary supplement industry is predicted to reach USD 105.1 million by 2030. Manufacturers will benefit from the dietary supplement industry's rapid growth.
By Region
North America
APAC
Europe
South America
Middle East & Africa
North America accounted for 37.9% of L-carnitine sales in 2022. Due of the region's growing health-conscious population. L-carnitine is a useful food and beverage ingredient since it treats and prevents several diseases.
Consumers prefer functional food and beverages with L-carnitine due to their increased energy and stamina and other health benefits. The market is predicted to develop due to North American consumers' growing preference for L-carnitine supplements.
By Company
Lonza
Northeast Medicines Group Co., Ltd. (NEPG)
Biosint S.p.A.
Cayman Chemical
Merck KGaA
Tokyo Chemical Industry Co., Ltd.
Ceva
Kaiyuan Hengtai Nutrition Co., Ltd.
ChengDa Medicines Co., Ltd.
Huanggang Huayang Medicines Co. Ltd.
Other Key Players
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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TABLE OF CONTENTS
1 REPORT OVERVIEW
1.1 MARKET INTRODUCTION
1.2 KEY MARKET SEGMENTS
1.3 PLAYERS COVERED
1.4 MARKET ANALYSIS BY PROCESS
1.4.1 Global L-carnitine Market Size Growth Rate by Process (2018-2030)
1.5 MARKET BY PRODUCT
1.5.1 Global L-carnitine Market Share by Product (2018-2030)
1.6 STUDY OBJECTIVES
1.7 YEARS CONSIDERED
2 GLOBAL GROWTH TRENDS
2.1 GLOBAL L-CARNITINE MARKET SIZE
2.2 REGULATORY FRAMEWORK
2.3 IMPACT OF COVID-19
2.4 RUSSIA-UKRAINE CRISIS IMPLICATIONS
2.5 INDUSTRY TRENDS
2.5.1 Market Top Trends
2.5.2 Market Drivers
2.5.3 Market Restraints
2.5.4 Market Opportunities
2.5.5 Porters Five Forces Analysis
2.5.6 PESTLE Analysis
2.5.7 SWOT Analysis
2.5.8 Opportunity Orbit
2.5.9 Product Roadmap
2.5.10 Go to Market Strategy
3 ANALYSIS OF DATA BY PROCESS, PRODUCT
3.1 GLOBAL L-CARNITINE MARKET SIZE BY PROCESS (2018-2030)
3.2 GLOBAL L-CARNITINE MARKET SIZE BY PRODUCT (2018-2030)
4 NORTH AMERICA
4.1 NORTH AMERICA L-CARNITINE MARKET (2018-2030)
4.2 NORTH AMERICA L-CARNITINE MARKET SIZE BY PROCESS
4.3 NORTH AMERICA L-CARNITINE MARKET SIZE BY PRODUCT
4.4 NORTH AMERICA L-CARNITINE MARKET SIZE BY COUNTRY
5 EUROPE
5.1 EUROPE L-CARNITINE MARKET (2018-2030)
5.2 EUROPE L-CARNITINE MARKET SIZE BY PROCESS
5.3 EUROPE L-CARNITINE MARKET SIZE BY PRODUCT
5.4 EUROPE L-CARNITINE MARKET SIZE BY COUNTRY
6 ASIA PACIFIC
6.1 ASIA PACIFIC L-CARNITINE MARKET (2018-2030)
6.2 ASIA PACIFIC L-CARNITINE MARKET SIZE BY PROCESS
6.3 ASIA PACIFIC L-CARNITINE MARKET SIZE BY PRODUCT
6.4 ASIA PACIFIC L-CARNITINE MARKET SIZE BY COUNTRY
7 SOUTH AMERICA
7.1 SOUTH AMERICA L-CARNITINE MARKET (2018-2030)
7.2 SOUTH AMERICA L-CARNITINE MARKET SIZE BY PROCESS
7.3 SOUTH AMERICA L-CARNITINE MARKET SIZE BY PRODUCT
7.4 SOUTH AMERICA L-CARNITINE MARKET SIZE BY COUNTRY
8 MIDDLE-EAST & AFRICA
8.1 MIDDLE-EAST & AFRICA L-CARNITINE MARKET (2018-2030)
8.2 MIDDLE-EAST & AFRICA L-CARNITINE MARKET SIZE BY PROCESS
8.3 MIDDLE-EAST & AFRICA L-CARNITINE MARKET SIZE BY PRODUCT
8.4 MIDDLE-EAST AFRICA L-CARNITINE MARKET SIZE BY COUNTRY
9 KEY PLAYERS PROFILES
9.1 Lonza
9.1.1 Company Details
9.1.2 Business Overview
9.1.3 Product & Services
9.1.4 Financial Overview (2018-2030)
9.1.5 Recent Development
9.2 Northeast Medicines Group Co., Ltd. (NEPG)
9.2.1 Company Details
9.2.2 Business Overview
9.2.3 Product & Services
9.2.4 Financial Overview (2018-2030)
9.2.5 Recent Development
9.3 Biosint S.p.A.
9.3.1 Company Details
9.3.2 Business Overview
9.3.3 Product & Services
9.3.4 Financial Overview (2018-2030)
9.3.5 Recent Development
9.4 Cayman Chemical
9.5 Merck KGaA
9.6 Tokyo Chemical Industry Co., Ltd.
9.7 Ceva
9.8 Kaiyuan Hengtai Nutrition Co., Ltd.
10 MARKET SHARE BY KEY PLAYERS
10.1 L-CARNITINE MARKET SIZE BY PLAYERS
10.1.1 Global L-carnitine Revenue by Players (2021)
10.1.2 Global L-carnitine Revenue Market Share by Players (2021)
10.2 MOST ADOPTED STRATEGIES
10.3 MOST ACTIVE COMPANIES
10.4 MARKET COMPETITION ANALYSIS
11 APPENDIX
11.1 RESEARCH METHODOLOGY
11.2 PRIMARY RESEARCH
11.3 SECONDARY RESEARCH
11.4 DISCLAIMER
LIST OF TABLES
Table 1. L-carnitine Key Players Covered in 2021
Table 2. Global L-carnitine Market Size Growth Rate by Process (2018-2030) (Million US$)
Table 3. Global L-carnitine Market Size Growth by Product (2018-2030) (Million US$)
Table 4. Key Trends
Table 5. Key Drivers: Impact Analysis (2018-2030)
Table 6. Key Restraints
Table 7. Global L-carnitine Market Size by Process (2018-2030) (Million US$)
Table 8. Global L-carnitine Market Size Share by Process (2018-2030)
Table 9. Global L-carnitine Market Size Share by Product (2018-2030)
Table 10. North America L-carnitine Market Size Share by Process (2018-2030)
Table 11. North America L-carnitine Market Size by Product (2018-2030) (Million US$)
Table 12. North America L-carnitine Market Size Share by Product (2018-2030)
Table 13. North America L-carnitine Market Size by country (2018-2030) (Million US$)
Table 14. North America L-carnitine Market Share by country (2018-2030)
Table 15. By Country
Table 16. Europe L-carnitine Market Size by Process (2018-2030) (Million US$)
Table 17. Europe L-carnitine Market Share by Process (2018-2030)
Table 18. Europe L-carnitine Market Size by Product (2018-2030) (Million US$)
Table 19. Europe L-carnitine Market Share by Product (2018-2030)
Table 20. Europe L-carnitine Market Size by country (2018-2030) (Million US$)
Table 21. Europe L-carnitine Market share by country (2018-2030)
Table 22. Asia Pacific L-carnitine Market Size by Process (2018-2030) (Million US$)
Table 23. Asia Pacific L-carnitine Market Share by Process (2018-2030)
Table 24. Asia Pacific L-carnitine Market Size by Product (2018-2030) (Million US$)
Table 25. Asia Pacific L-carnitine Market Share by Product (2018-2030)
Table 26. APAC L-carnitine Market Size by country (2018-2030) (Million US$)
Table 27. APAC L-carnitine Market share by country (2018-2030)
Table 28. South America L-carnitine Market Size by Process (2018-2030) (Million US$)
Table 29. South America L-carnitine Market Share by Process (2018-2030)
Table 30. South America L-carnitine Market Size by Product (2018-2030) (Million US$)
Table 31. South America L-carnitine Market Share by Product (2018-2030)
Table 32. South America L-carnitine Market Size by country (2018-2030) (Million US$)
Table 33. South America L-carnitine Market share by country (2018-2030)
Table 34. The Middle-East & Africa L-carnitine Market Size by Process (2018-2030) (Million US$)
Table 35. The Middle-East & Africa L-carnitine Market Share by Process (2018-2030)
Table 36. The Middle-East & Africa L-carnitine Market Size by Product (2018-2030) (Million US$)
Table 37. The Middle-East & Africa L-carnitine Market Share by Product (2018-2030)
Table 38. The MEA L-carnitine Market Size by country (2018-2030) (Million US$)
Table 39. The MEA L-carnitine Market share by country (2018-2030)
Table 40. Lonza Details
Table 41. Business Overview
Table 42. Product & services
Table 43. Financial Overview (2018-2030) (Million US$)
Table 44. Recent Development
Table 45. Northeast Medicines Group Co., Ltd. (NEPG) Details
Table 46. Business Overview
Table 47. Product & services
Table 48. Financial Overview (2018-2030) (Million US$)
Table 49. Recent Development
Table 50. Biosint S.p.A. Company Details
Table 51. Business Overview
Table 52. Product & services
Table 53. Financial Overview (2018-2030) (Million US$)
Table 54. Recent Development
Table 55. Global L-carnitine Revenue by Players (2021) (Million US$)
Table 56. Global L-carnitine Market Share by Players (2021)
LIST OF FIGURES
Figure 1. Global L-carnitine Market Share by Process in 2021 & 2028
Figure 2. Global L-carnitine Market Share by Product in 2021 & 2028
Figure 3. L-carnitine Report Years Considered
Figure 4. Global L-carnitine Market Size and Growth Rate 2018-2030 (Million US$)
Figure 5. Porter's Five Forces Analysis
Figure 6. Global L-carnitine Market Size by Process Growth Rate 2018-2030 (Million US$)
Figure 7. Global L-carnitine Market Size by Product Growth Rate 2018-2030 (Million US$)
Figure 8. North America L-carnitine Market Size 2018-2030 (Million US$)
Figure 9. Europe L-carnitine Market Size 2018-2030 (Million US$)
Figure 10. Asia Pacific L-carnitine Market Size 2018-2030 (Million US$)
Figure 11. South America L-carnitine Market Size 2018-2030 (Million US$)
Figure 12. The Middle-East & Africa L-carnitine Market Size 2018-2030 (Million US$)
Figure 1. Lonza Revenue in (2019-2021)
Figure 2. Revenue Growth Rate (2018-2030)
Figure 3. Revenue Growth Rate in (2018-2030)
Figure 4. Global L-carnitine Market Share by Players in 2021
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