Insights on the L-Carnitine Industry to 2025 - by Product, Process, Application & Region - ResearchAndMarkets.com
The Global L-Carnitine Market size is expected to reach $219.2 Million by 2025, rising at a market growth of 4.56% CAGR during the forecast period.
The "Global L-Carnitine Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global L-Carnitine Market size is expected to reach $219.2 Million by 2025, rising at a market growth of 4.56% CAGR during the forecast period. L-carnitine is a form of amino acid and is the main protein element in the body that is naturally formed by acid to produce energy. L-carnitine plays a crucial role in fat metabolism. It is used as a supplement to improve inadequate energy levels in patients. For example, in dairy products, peanut, fish, butter, and red meat, L-carnitine is found naturally.
Factors expected to support growth in this market are the growing adoption of L-carnitine in the animal feed industry and the increased demand for sport nutrition products. Another factor anticipated to contribute to this market's growth is the development of several improved l-carnitine supplements. Excessive consumption of l-carnitine supplements, however, can have numerous side effects like vomiting, nausea, stomach upset, diarrhea, heartburn, and seizures. This could be a major factor for the market's growth during the forecast period.
Recent studies suggest that the use of L-carnitine may be a significant contributor to the advancement of neuropathy treatments. It is also a highly advantageous health protection agent. Therefore, the global market's leading players are focused on developing new and more specialized innovations that can help determine the value of L-carnitine in the global healthcare industry. The next few years with L-carnitine are expected to be a period of new and fresh technologies with rising research and development. This trend is expected to facilitate the growth of the global market.
Based on Product, the market is segmented into Food & Pharma Grade and Feed Grade. Based on Process, the market is segmented into Chemical Synthesis and Bioprocess. Based on Application, the market is segmented into Healthcare Product, Functional Drink, Medicine and Animal Food. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Companies Profiled
- Merck Group
- Lonza Group AG
- Northeast Pharmaceutical Group Co. Ltd.
- Cayman Chemical Company, Inc.
- Tokyo Chemical Industry Co. Ltd.
- Ceva Sante Animale S.A.
- Kaiyuan Hengtai Chemical Co., Ltd.
- ChengDa Pharmaceuticals Co., Ltd.
- HuangGang HuaYang Pharmaceutical Co., Ltd.
- HuBei YuanCheng SaiChuang Technology Co. Ltd.
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Key Topics Covered:
1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global L-Carnitine Market, by Product
1.4.2 Global L-Carnitine Market, by Process
1.4.3 Global L-Carnitine Market, by Application
1.4.4 Global L-Carnitine Market, by Geography
1.5 Methodology for the research
2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
3. Global L-Carnitine Market by Product
3.1 Global Food & Pharma Grade Market by Region
3.2 Global Feed Grade Market by Region
4. Global L-Carnitine Market by Process
4.1 Global Chemical Synthesis Market by Region
4.2 Global Bioprocess Market by Region
5. Global L-Carnitine Market by Application
5.1 Global Healthcare Product Market by Region
5.2 Global Functional Drink Market by Region
5.3 Global Medicine Market by Region
5.4 Global Animal Food Market by Region
6. Global L-Carnitine Market by Region
6.1 North America L-Carnitine Market
6.2 Europe L-Carnitine Market
6.3 Asia Pacific L-Carnitine Market
6.4 LAMEA L-Carnitine Market
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/3brlxo
View source version on businesswire.com: https://www.businesswire.com/news/home/20200414006105/en/