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L Carnitine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Process; Product; Application- Product Image
L Carnitine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Process; Product; Application- Product Image
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L Carnitine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Process; Product; Application

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    Report

  • 147 Pages
  • April 2020
  • Region: Global
  • The Insight Partners
  • ID: 5023770
UP TO OFF until Jun 30th 2024
Description Jump to:
The global 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% during 2019-2027. L-Carnitine is a naturally occurring compound in the bodies of humans and animals which play the 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.

Based on application, the L-Carnitine market is segmented into healthcare products,
animal feed, functional drinks, and medicines. The healthcare products segment led the L-Carnitine market in 2018. Moreover, the functional drinks segment is projected to grow at a faster pace 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. L-Carnitine used 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 all over the globe. Due to Covid-19 outbreak, the online sales of L-Carnitine supplements is expected to grow which will boost the market in near future

In 2018, the growth of the L-Carnitine market in North America region was 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 the North America region.

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 are among the key players present in global L-Carnitine market.

Overall size of the global L-Carnitine market has been derived using primary and secondary sources. The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the L-Carnitine market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in the L-Carnitine.

Reasons to Buy
  • 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.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 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 Carnitine Market
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 Carnitine Market, by Process
10.2.5.1.2 US: L Carnitine Market, by Product
10.2.5.1.3 US: L Carnitine Market, by Application
10.2.5.2 Canada: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.2.5.2.1 Canada: L Carnitine Market, by Process
10.2.5.2.2 Canada: L Carnitine Market, by Product
10.2.5.2.3 Canada: L Carnitine Market, by Application
10.2.5.3 Mexico: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.2.5.3.1 Mexico: L Carnitine Market, by Process
10.2.5.3.2 Mexico: L Carnitine Market, by Product
10.2.5.3.3 Mexico: L Carnitine Market, by Application
10.3 Europe: L Carnitine Market
10.3.1 Europe: L Carnitine Market -Revenue and Forecast to 2027(US$ Mn)
10.3.2 Europe: L Carnitine Market, by Process
10.3.3 Europe: L Carnitine Market, by Product
10.3.4 Europe: L Carnitine Market, 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 Carnitine Market, by Process
10.3.5.1.2 Germany: L Carnitine Market, by Product
10.3.5.1.3 Germany: L Carnitine Market, by Application
10.3.5.2 France: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.3.5.2.1 France: L Carnitine Market, by Process
10.3.5.2.2 France: L Carnitine Market, by Product
10.3.5.2.3 France: L Carnitine Market, by Application
10.3.5.3 UK: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.3.5.3.1 UK: L Carnitine Market, 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 Carnitine Market, by Process
10.3.5.4.2 Spain: L Carnitine Market, by Product
10.3.5.4.3 Spain: L Carnitine Market, 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 Carnitine Market, by Process
10.3.5.6.2 Rest of Europe: L Carnitine Market, by Product
10.4 Asia Pacific: L Carnitine Market
10.4.1 Asia Pacific: L Carnitine Market -Revenue and Forecast to 2027(US$ Mn)
10.4.2 Asia Pacific: L Carnitine Market, by Process
10.4.3 Asia Pacific: L Carnitine Market, by Product
10.4.4 Asia Pacific: L Carnitine Market, 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 Carnitine Market, by Process
10.4.5.1.2 China: L Carnitine Market, by Product
10.4.5.1.3 China: L Carnitine Market, by Application
10.4.5.2 Australia: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.2.1 Australia: L Carnitine Market, by Process
10.4.5.2.2 Australia: L Carnitine Market, by Product
10.4.5.2.3 Australia: L Carnitine Market, by Application
10.4.5.3 Japan: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.3.1 Japan: L Carnitine Market, by Process
10.4.5.3.2 Japan: L Carnitine Market, by Product
10.4.5.3.3 Japan: L Carnitine Market, by Application
10.4.5.4 India: L Carnitine Market -Revenue and Forecast to 2027 (US$ Mn)
10.4.5.4.1 India: L Carnitine Market, by Process
10.4.5.4.2 India: L Carnitine Market, by Product
10.4.5.4.3 India: L Carnitine Market, 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 Carnitine Market, by Process
10.4.5.6.2 Rest of Asia Pacific: L Carnitine Market, 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 Carnitine Market, by Product
10.5.5.1.3 South Africa: L Carnitine Market, 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 Carnitine Market, 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 Product
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 Publisher
14.2 Glossary

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alpsure Life Sciences Pvt. Ltd.
  • Biosint S.p.A
  • Cayman Chemical
  • ChengDa PharmaCeuticals Co., Ltd.
  • HuangGang HuaYang Pharmaceutical Co., Ltd.
  • Kaiyuan Hengtai Nutrition Co., Ltd.
  • Lonza Group Ltd.
  • Maxsun Industries Incorporated
  • MERCK KGaA
  • Northeast Pharmaceutical Group Co., Ltd.

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