Report overview
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.
This report aims to provide a comprehensive presentation of the global market for L-carnitine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding L-carnitine. This report contains market size and forecasts of L-carnitine in global, including the following market information:
Global L-carnitine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global L-carnitine Market Sales, 2018-2023, 2024-2029, (MT)
Global top five L-carnitine companies in 2022 (%)
The global L-carnitine market was valued at US$ 315.9 million in 2022 and is projected to reach US$ 360.7 million by 2029, at a CAGR of 1.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
We surveyed the L-carnitine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global L-carnitine Market, by Grade, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global L-carnitine Market Segment Percentages, by Grade, 2022 (%)
L-Carnitine Food Grade
L-Carnitine Feed Grade
L-Carnitine Pharmaceutical Grade
Global L-carnitine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global L-carnitine Market Segment Percentages, by Application, 2022 (%)
Animal Food
Health Care Products
Functional Drinks
Medicine
Others
Global L-carnitine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global L-carnitine Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies L-carnitine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies L-carnitine revenues share in global market, 2022 (%)
Key companies L-carnitine sales in global market, 2018-2023 (Estimated), (MT)
Key companies L-carnitine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lonza Group
Northeast Pharmaceutical
Hengtai Chemical
Chengda Pharmaceutical
Koncepnutra
HuaYang
Biosint
Hongjing Chemical
KangXin Chemical
Kangjian Chemical
AIDP
Outline of Major Chapters:
Chapter 1: Introduces the definition of L-carnitine, market overview.
Chapter 2: Global L-carnitine market size in revenue and volume.
Chapter 3: Detailed analysis of L-carnitine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by grade, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of L-carnitine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global L-carnitine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
