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Global L-carnitine Sales Market Report 2020
SKU ID : QYR-16698505 | Publishing Date : 26-Oct-2020 | No. of pages : 140
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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.
Market Analysis and Insights: Global L-carnitine Market
The global L-carnitine market size is projected to reach US$ 338.5 million by 2026, from US$ 300.6 million in 2020, at a CAGR of 2.0% during 2021-2026.
Global L-carnitine Scope and Market Size
The global L-carnitine market is segmented by company, region (country), by Type, and by Application. 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 (country), by Type and by Application for the period 2015-2026.
Segment by Type, 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
The L-carnitine market is analysed and market size information is provided by regions (countries). Segment by Application, the L-carnitine market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
L-carnitine market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in L-carnitine business, the date to enter into the L-carnitine market, L-carnitine product introduction, recent developments, etc.
The major vendors covered:
Lonza Group
Northeast Pharmaceutical
Hengtai Chemical
Chengda Pharmaceutical
Koncepnutra
HuaYang
Biosint
Hongjing Chemical
KangXin Chemical
Kangjian Chemical
AIDP
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.
Market Analysis and Insights: Global L-carnitine Market
The global L-carnitine market size is projected to reach US$ 338.5 million by 2026, from US$ 300.6 million in 2020, at a CAGR of 2.0% during 2021-2026.
Global L-carnitine Scope and Market Size
The global L-carnitine market is segmented by company, region (country), by Type, and by Application. 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 (country), by Type and by Application for the period 2015-2026.
Segment by Type, 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
The L-carnitine market is analysed and market size information is provided by regions (countries). Segment by Application, the L-carnitine market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and L-carnitine Market Share AnalysisL-carnitine market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in L-carnitine business, the date to enter into the L-carnitine market, L-carnitine product introduction, recent developments, etc.
The major vendors covered:
Lonza Group
Northeast Pharmaceutical
Hengtai Chemical
Chengda Pharmaceutical
Koncepnutra
HuaYang
Biosint
Hongjing Chemical
KangXin Chemical
Kangjian Chemical
AIDP
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
