Global L-carnitine Market Size, Manufacturers 2021-2027
L-carnitine is a white crystalline, hygroscopic (moisture-retaining) powder. It is an amino acid (a building block for proteins) that is naturally produced in the body, which plays a vital role in the metabolism of fat. It functions as a transporter of fatty acids into the mitochondria, the metabolic furnace of the cell.
Currently, some companies in the world can produce L-carnitine product, mainly concentrating in China. The main market players are Lonza Group, Northeast Pharmaceutical, Hengtai Chemical, Chengda Pharmaceutical, etc. The production of L-carnitine with an average growth rate of 4.46%. Global L-carnitine capacity utilization rate remained at around 70%.
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Market Analysis and Insights: Global L-carnitine Market
In 2020, the global L-carnitine market size, Manufacturers, Supply Chain was US$ 300.6 million and it is expected to reach US$ 345.7 million by the end of 2027, with a CAGR of 2.0% during 2021-2027.
Global L-carnitine Scope and Market Size:
- L-carnitine market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global L-carnitine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Grade, the L-carnitine market is segmented into:
- L-Carnitine Food Grade
- L-Carnitine Feed Grade
- L-Carnitine Pharmaceutical Grade
Segment by Application, the L-carnitine market is segmented into:
- Animal Food
- Health Care Products
- Functional Drinks
- Medicine
- Others
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and L-carnitine Market Share Analysis:
- L-carnitine market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, L-carnitine product introduction, recent developments, L-carnitine sales by region, type, application and by sales channel.
The major companies include:
- Lonza Group
- Northeast Pharmaceutical
- Hengtai Chemical
- Chengda Pharmaceutical
- Koncepnutra
- HuaYang
- Biosint
- Hongjing Chemical
- KangXin Chemical
- Kangjian Chemical
- AIDP
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 L-carnitine Product Introduction
1.2 Market by Grade
1.2.1 Global L-carnitine Market Size Growth Rate by Grade
1.2.2 L-Carnitine Food Grade
1.2.3 L-Carnitine Feed Grade
1.2.4 L-Carnitine Pharmaceutical Grade
1.3 Market by Application
1.3.1 Global L-carnitine Market Size Growth Rate by Application
1.3.2 Animal Food
1.3.3 Health Care Products
1.3.4 Functional Drinks
1.3.5 Medicine
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global L-carnitine Market Size Estimates and Forecasts
2.1.1 Global L-carnitine Revenue 2016-2027
2.1.2 Global L-carnitine Sales 2016-2027
2.2 L-carnitine Market Size by Region: 2021 Versus 2027
2.3 L-carnitine Sales by Region (2016-2027)
2.3.1 Global L-carnitine Sales by Region: 2016-2021
2.3.2 Global L-carnitine Sales Forecast by Region (2022-2027)
2.3.3 Global L-carnitine Sales Market Share by Region (2016-2027)
2.4 L-carnitine Market Estimates and Projections by Region (2022-2027)
2.4.1 Global L-carnitine Revenue by Region: 2016-2021
2.4.2 Global L-carnitine Revenue Forecast by Region (2022-2027)
2.4.3 Global L-carnitine Revenue Market Share by Region (2016-2027)
3 Global L-carnitine by Manufacturers
3.1 Global Top L-carnitine Manufacturers by Sales
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