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 increased from 6200 MT in 2011 to 9400 MT in 2015, with an average growth rate of 4.46%. Global L-carnitine capacity utilization rate remained at around 71.41% in 2015.
In consumption market, the growth rate of global consumption is smooth relatively. China, Europe and North America are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
According to this study, over the next five years the L-carnitine market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in L-carnitine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of L-carnitine market by product type, application, key manufacturers and key regions and countries.
This study considers the L-carnitine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
L-Carnitine Food Grade
L-Carnitine Feed Grade
L-Carnitine Pharmaceutical Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Animal Food
Health Care Products
Functional Drinks
Medicine
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lonza Group
Northeast Pharmaceutical
Hengtai Chemical
Chengda Pharmaceutical
Koncepnutra
HuaYang
Biosint
Hongjing Chemical
KangXin Chemical
Kangjian Chemical
AIDP
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global L-carnitine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of L-carnitine market by identifying its various subsegments.
Focuses on the key global L-carnitine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the L-carnitine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of L-carnitine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on L-carnitine . Industry analysis & Market Report on L-carnitine is a syndicated market report, published as Global L-carnitine Market Growth 2019-2024. It is complete Research Study and Industry Analysis of L-carnitine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.