Major L-carnitine market participants include Shanghai Danfan Network Science & Technology Co., Ltd, Kaiyuan Hengtai Nutrition Co., Ltd, Lonza, Tokyo Chemical Industry Co., Ltd, Ceva, Northeast Medicines Group Co., Ltd. (NEPG), Biosint S.p.A, Merck KGaA, ChengDa PharmaCeuticals Co., Ltd, Cayman Chemical, China Qingdao Hongjin Chemical Co., Ltd and Tokyo Chemical Industry.
Selbyville, Delaware, Jan. 15, 2024 (GLOBE NEWSWIRE) --
The L-carnitine market valuation is projected to cross USD 312.8 million by 2032, as reported in a research study by Global Market Insights Inc.
The market experiences surging demand propelled by expanding research emphasizing its positive health impacts. In January 2024, Researchers from Tabriz University of Medical Sciences conducted a clinical trial emphasizing the synergistic anti-obesity effects of combining L-carnitine and synbiotics in women. This supplementation targets gut microbiota dysbiosis, a promising approach to combat obesity and related cardio-metabolic complications.
L-carnitine, recognized for its over-the-counter availability, showcases potential in addressing obesity, diabetes, and lipid-related issues. Its known effects include enhancing fatty acid oxidation, boosting energy expenditure, and influencing gene expression in adipocytes. L-carnitine's over-the-counter availability contributes to its market demand. Being easily accessible, consumers can readily obtain these supplements, promoting their use further propelling the market growth.
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L-carnitine market from the food and pharmaceutical grade segment will exhibit a decent growth rate between 2024 and 2032, claims the report. As a vital compound for metabolism and energy production, L-carnitine's applications span across supplements, pharmaceuticals, and functional foods. The pharmaceutical grade, known for its purity and stringent quality, caters to medicinal purposes. Meanwhile, the food-grade variant utilized in health-focused consumables addresses the escalating consumer interest in wellness products. This dual demand for L-carnitine, spanning pharmaceutical and food applications, reflects its versatility and significance in both industries. These factors collectively contribute to the market expansion.
L-carnitine market from the animal feed application segment is expected to register a noteworthy CAGR from 2024 to 2032, as per the report. Recognized for its role in animal metabolism and energy regulation, L-carnitine supplements enhance livestock health and performance. Its inclusion in animal feed promotes efficient fat utilization, optimizing energy production and aiding growth. As farmers prioritize improved animal nutrition for enhanced productivity, L-carnitine's benefits in optimizing metabolic functions drive its increasing adoption in animal feed formulations, underscoring its significance in promoting overall animal well-being and productivity.
Asia Pacific L-carnitine market will grow at a significant CAGR up to 2032, owing to the growing focus on health and wellness, the region embraces supplements promoting metabolism and energy. L-carnitine's applications in weight management and cardiovascular health resonate with health-conscious consumers. As the market witnesses lifestyle shifts towards fitness and vitality, the demand for L-carnitine supplements escalates. The region's inclination towards holistic well-being and the pursuit of healthier lifestyles underpin the rising popularity of L-carnitine, reflecting its pivotal role in addressing diverse health needs across Asia Pacific.
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Some of the leading companies operating in the L-carnitine market include Shanghai Danfan Network Science & Technology Co., Ltd, Kaiyuan Hengtai Nutrition Co., Ltd, Lonza, Tokyo Chemical Industry Co., Ltd, Ceva, Northeast Medicines Group Co., Ltd. (NEPG), Biosint S.p.A, Merck KGaA, ChengDa PharmaCeuticals Co., Ltd, Cayman Chemical, China Qingdao Hongjin Chemical Co., Ltd, Tokyo Chemical Industry, among others. Companies in the Market are employing various strategies to enhance their market presence by participating in launching products at several expos and events aimed at showcasing potential in the construction industry.
For instance, in September 2021, India's prominent active nutrition brand, Fast&Up, unveiled a new campaign featuring Bollywood actor Varun Dhawan, highlighting his fuel for performance and recovery. The campaign marked the launch of India's First Effervescent Carnitine and B12 in the market. Fast&Up's L-Carnitine Tartrate, formulated with 1000mg Pure Carnipure®, transforms fat into energy, promoting metabolism and fat burning. The supplement is clinically tested and trademarked by Lonza, the leading company, which stands as a testament to its high quality and purity.
Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 L-carnitine market 360º synopsis, 2018 – 2032
2.2 Business trends
2.3 process trends
2.4 product trends
2.5 Application trends
2.6 Regional trends
Chapter 3 L-carnitine Market Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
3.5.1 U.S.
3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Russia-Ukraine War Impact on the industry
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