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L-Carnosine Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

05-10-2024 01:25 PM CET | Health & Medicine

Press release from: Orion Market Research

L-Carnosine Market Size, Trends, Latest Insights, Analysis

The global L-carnosine market is estimated to grow at a CAGR of around 5.0% during the forecast period. The major factors contributing to the growth of the market include the growth in the cosmetic industry, rising prevalence of diabetes, CVD coupled with the expanding pool of aging population that are susceptible to these diseases. Diabetes has been among the most prevalent diseases around the globe. As per the International Diabetes Federation (IDF), in 2019, nearly 463 million adults (20-79 years) were suffering from diabetes, which is expected to reach 700 million by 2045. Over 1.1 million children and adolescents are living with type 1 diabetes. L-carnosine prevents damage caused by too much sugar in the body. It is a naturally occurring molecule composed of two amino acids that are capable of protecting patients against diabetes owing to its ability to neutralize toxic compounds and improve glycemic control.

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The global L-carnosine market is segmented on the basis of application and geography. Based on the application, the market is segmented into autism, diabetes support, skin support, CVD support, joint support, and others. Others segment include digestion support, Parkinson's disease, and Alzheimer's disease. In 2019, the skin support segment is projected to contribute a significant share to the global market.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the World. In 2019, North America held the largest share in the market owing to the rising prevalence of chronic diseases and potential awareness regarding dietary supplements in the region. As per the Centers for Disease Control and Prevention (CDC), 6 in 10 adults in the US have a chronic disease and 4 in 10 adults in the US have two or more chronic diseases. This, in turn, is driving the demand for L-carnosine in the region.

Further, the report covers the analysis of various players operating in the market. Some of the major players covered in the report include Bachem AG, Kirkman Group, Inc., Charkit Chemical Company LLC, Foodchem International Corp., Klaire Labs, and Jarrow Formulas Inc. The market players are adopting some crucial strategies such as mergers and acquisitions, geographical expansion, and product launches, to expand market share. For instance, in July 2018, Bachem opened its Japan subsidiary in Tokyo as Bachem Japan K.K. With this expansion, the company aimed to strengthen customer support and increase its business growth in the Asian market.

Global L-Carnosine Market- Segmentation

By Application

• Autism
• Diabetes
• Skin Support
• Cardiovascular Support
• Joint Support
• Others

A full report of Global L-Carnosine Market is available at: https://www.omrglobal.com/industry-reports/l-carnosine-market

Global L-Carnosine 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

• Atrium Innovations Inc. (Douglas Laboratories)
• BachemGroup
• Belle Chemical LLC
• Charkit Chemical Company LLC
• Foodchem International Corp.
• Jarrow Formulas, Inc.
• Kirkman Group, Inc.
• Klaire Labs
• Lalilab, Inc.
• Manus Aktteva Biopharma LLP
• NOW Foods, LLC
• NutraBio Labs, Inc.

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Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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