L-Carnitine Market Share 2022: Trends, Key Players, Industry Analysis and Forecast 2022-2028

The L-carnitine market is projected to grow at a considerable CAGR during the forecast period. L-carnitine is an amino acid that turns fat into energy. L-carnitine is mainly taken by individuals to increase L-carnitine levels in their bodies. The proper intake of L-carnitine is found to be effective in several conditions including serious kidney disease, overactive thyroid, complications in conceiving, strain in heart and blood vessels and so on. The proper intake of L-carnitine supplements offers relief in obesity-related disorders such as diabetes, high blood pressure, heart diseases, and stroke among others.

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Diabetes is one of the major health issues all across the globe and it has reached alarming levels. As per the International Diabetes Foundation (IDF), around 463 million have diabetes globally in 2019. The global prevalence of diabetes is projected to augment to 578 million by 2030, and 700 million by 2045. Moreover, around two-thirds of people having diabetes live in urban areas. It was expected that there were around four million mortalities in the age range of 20-79 years in 2019 due to diabetes all across the globe. In addition to this, more than one million children and adolescents were living with type-1 diabetes in 2019.

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A large number of people which is around 50% globally remain undiagnosed from diabetes. Several human and animal studies demonstrated the beneficial effect of taking L-carnitine supplementation. The L-carnitine improves body glucose utilization and controls the sugar level. Therefore, the rising incidence and prevalence of diabetes across the globe are anticipated to drive the growth of the global carnitine market. Apart from this, Depending on the indication, dietary supplements of L-carnitine at a dose rate of 20 to 500 mg/kg feed raise plasma L-carnitine levels in domestic and laboratory animals such as pigs, cow, dogs, birds and fish. Oral L-carnitine additives also increase the amount of L-carnitine in animal products such as eggs. The level of L-carnitine content in blood, liver and heart decreases significantly at birth.

The new-born and suckling piglets, therefore, require external L-carnitine which is normally derived from colostrum milk. In addition, the beneficial effects of L-carnitine supplementation during growing and finishing time were also observed in the growth and metabolic tests with pigs. Therefore, the poultry farmers are making use of L-carnitine supplements in the animal feed. The rising adoption of the L-carnitine in making the animal feed is anticipated to make a huge contribution towards the growth of the L-carnitine market across the globe.

Global L-Carnitine Market Segmentation

By Process Type

• Bioprocess
• Chemical Synthesis

By Product Type

• Food & Pharmaceutical Grade
• Feed Grade

By Application

• Animal Feed
• Healthcare Products
• Functional Drinks
• Others

L-Carnitine Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AIDP, Inc.
• Biosint S.p.A.
• Carbosynth, Ltd.
• Cayman Chemical
• Ceva Santé Animale S.A.
• Chengda Pharmaceuticals Co. Ltd.
• Huanggang Huayang Pharmaceutical Co. Ltd.
• Hubei Yuancheng Technology Co. Ltd.
• Kaiyuan Hengtai Chemical Co., Ltd.
• Lonza Group, Ltd.
• Merck KGaA
• Northeast Pharmaceutical Group Co., Ltd.
• Shanghai Kangxin Chemical Co., Ltd.
• Tokyo Chemical Industry Co., Ltd.
• Xinxiang Kangjian Chemical Co., Ltd.

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