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L-Carnitine Market Size Projected To Reach US$ 262.6 Million and Growing at a CAGR of 4.8% By 2027 | The Insight Partners

10-19-2023 03:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

L-Carnitine is a naturally occurring compound in the bodies of humans and animals which plays an important role of shuttling fatty acids to and from in the cells to produce energy. It is produced in the liver and kidneys. However, certain individuals are unable to produce or synthesize required amount of L-Carnitine owing to genetic conditions or defects.

Download Sample PDF Copy of L-Carnitine Market study at: https://www.theinsightpartners.com/sample/TIPRE00010170/?utm_source=OpenPR&utm_medium=10681

The List of Companies - L-Carnitine Market

Alpsure Life Sciences Pvt. Ltd.
Biosint S.p.A
Cayman Chemical
ChengDa PharmaCeuticals Co., Ltd.
HuangGang HuaYang Pharmaceutical Co., Ltd.
Kaiyuan Hengtai Nutrition Co., Ltd.
Lonza Group Ltd.
Maxsun Industries Incorporated
MERCK KGaA
Northeast Pharmaceutical Group Co., Ltd.
Individuals unable to synthesize L-Carnitine suffer from primary and secondary carnitine deficiency. The US Food and Drug Administration (FDA) has approved the use of oral and intravenous (IV) L-Carnitine for treating primary and secondary carnitine deficiency.

At present, L-Carnitine is commercially advertised as nutritional supplements to enhance exercise performance and promote weight loss. It is also approved to be used in the treatment of carnitine deficiencies in patients at the end stage of renal diseases undergoing haemodialysis.

Besides its uses in human nutrition, L-Carnitine is also used as an additive in the formulation of animal feed formulations. It is used in the poultry industry to increase egg production and improve egg hatchability.

The global L Carnitine market was valued at US$ 172.2 Mn in 2018 and is projected to reach US$ 262.6 Mn by 2027; it is expected to grow at a CAGR of 4.8% during 2019 to 2027. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

L-Carnitine has been recommended by medical professionals globally to individuals with genetic disorders whose bodies are unable to naturally synthesize carnitine. L-Carnitine plays a major role in keeping up with the requirements of energy production in the body, as it is involved in transporting long-chain fatty acids to the mitochondria for energy production.

The US Food and Drug Administration has approved the use of (IV) L-Carnitine for treating primary and secondary carnitine deficiencies. L-Carnitine supplements are also used to treat carnitine deficiencies resulting from poor carnitine absorption and chronic kidney failure.

Moreover, the widespread use of carnitine in treating carnitine deficiency in end-stage renal diseases resulting from dialysis has compounded the consumption of L-Carnitine in the form of supplements. The use of L-Carnitine in the form of supplements to cure involuntary weight loss and increase the body mass index (BMI) in patients with cachexia or wasting syndrome has steadily risen.

Rising consumption of L-Carnitine to improve lean body mass in people with wasting syndrome is expected to further boost the growth of the L-Carnitine market. The L Carnitine market in APAC is expected to grow at the highest CAGR during the forecast period.

Factors such as growing demand for nutritional supplements coupled with increasing use in the personal and sports nutrition product are driving its demand in APAC. Functional food and beverages have gained immense popularity among the health-conscious population that has made an impact on the demand for L carnitine in the region.

Inquiry before Buying of L-Carnitine Market Report at: https://www.theinsightpartners.com/inquiry/TIPRE00010170/?utm_source=OpenPR&utm_medium=10681

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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