L-Citrulline Market 2018: Global Segments, Industry Growth, Top Key Players, Size and Recent Trends by Forecast to 2023

Market Synopsis

The increased focus on health has evoked the demand for nutritional supplements. L-citrulline is a vital component used as a supplement across sectors ranging from food & beverages to cosmetics & personal care. It is a non-esssential amino acid derived from plants and animals. Intake of the compound can boost production of nitric acid and enhances the defenses of the immune system making it impenetrable against chronic diseases. The global L-citrulline market is expected to exhibit a 6.16% CAGR, on the basis of value, from 2018 to 2023 (forecast period), as per the latest report by Market Research Future (MRFR). It can experience 5..81% CAGR, in terms of volume, over the forecast period.

Increasing demand for energy drinks, nutritious beverages, and food products are factors expected to drive the L-citrulline market growth over the forecast period. Consumption of the compound by athletes and health enthusiasts are bound to benefit the market in the coming years. Its prolific use for manufacturing active pharmaceutical ingredients (APIs) in the healthcare sector is ensured to fuel market demand till 2023. The high potential of the compound as a biomarker in detecting diseases at a preventive stage can be monumental in its growth in the forthcoming years.

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Report Overview

The report provides a comprehensive overview of the market complete with statistical graphs to support the forecasted figures. Our analysts make insightful predictions regarding the scope of the market and its future prospects. MRFR’s report includes a thorough analysis of the global L-citrulline market segmented on the basis of application and region. It aims to estimate the market size with regards to drivers, restraints, opportunities, and threats. Numerous growth strategies undertaken by companies operating in the market as well as the latest trends are outlined in the report. The market share of all prominent players and their current position are discussed in minute detail. It analyzes new revenue sources for players and emphasizes on the various strategies implemented by players.

Segment Overview

By application, the L-citrulline market is segmented into food & beverages, cosmetics & personal care, pharmaceuticals, and agriculture/animal feed. The segment covered in the L-citrulline market report are analyzed with respect to five regions namely – North America, Latin America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA). The report discusses in detail the various players residing in these regions and their respective strategies to climb up the market standings.

Key Players

 Nutra Green Biotechnology Co.,Ltd
 KYOWA HAKKO
 Wuhan Soleado Technology Co.,Ltd
 Zhaoqing City Dingkang Pharmaceutical Co., Ltd
 Ansun Bioengineering Co.,Ltd.
 Shanghai Join-Ray Biotechnology Co.,Ltd
 MH2 Biochemical Co., Ltd.
 Premium Ingredient Co.,Ltd
 Ningbo Yore Chemipharm Co., Ltd

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Analysis Period

• Base Year - 2017
• Projection Period - From 2018 to 2023
• Market Denomination - USD Million
• Conversion Rate - Considered as per the respective financial years

Application

• Cosmetics & Personal Care
• Food & Beverages
• Agriculture/Animal Feed
• Pharmaceuticals

Region

• North America
o U.S.
o Canada

• Europe

o Germany
o K.
o France
o Italy
o Spain
o Poland
o Russia
o Rest of Europe

• Asia Pacific

o Australia
o New Zealand
o Japan
o China
o India
o Rest of Asia Pacific

• Latin America

o Argentina
o Mexico
o Brazil
o Rest of Latin America

• The Middle East & Africa

o North Africa
o Turkey
o Gulf Cooperation Council (GCC)
o Israel
o Rest of Middle East & Africa

Intended Audience

• L-citrulline manufacturers
• Traders and distributors of L-citrulline
• Research and development institutes
• Potential investors
• Raw material suppliers
• Personal Care Ingredient Manufacturers
• Flavors & Ingredients Manufacturers

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This release was published on openPR.