Global L-carnitine Market Growth 2022-2028

Global L-carnitine Market Growth 2022-2028

Product Code:187411

Published Date: Mar 22,2022

Pages: 103

Region: Global

Category: Chemical & Material

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As the global economy mends, the 2021 growth of L-carnitine will have significant change from previous year. According to our (LP Information) latest study, the global L-carnitine market size is USD  million in 2022 from USD 300.3 million in 2021, with a change of % between 2021 and 2022. The global L-carnitine market size will reach USD 346.7 million in 2028, growing at a CAGR of 2.1% over the analysis period 2022-2028.

The United States L-carnitine market is expected at value of US$  million in 2021 and grow at approximately  % CAGR during forecast period 2022-2028. China constitutes a  % market for the global L-carnitine market, reaching US$  million by the year 2028. As for the Europe L-carnitine landscape, Germany is projected to reach US$  million by 2028 trailing a CAGR of  % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at  % and  % respectively for the next 6-year period.

Global main L-carnitine players cover Lonza Group, Northeast Pharmaceutical, Hengtai Chemical, and Chengda Pharmaceutical, etc. In terms of revenue, the global largest two companies occupy a share nearly  % in 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of L-carnitine market by product type, application, key manufacturers and key regions and countries.

Segmentation by grade: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
    L-Carnitine Food Grade
    L-Carnitine Feed Grade
    L-Carnitine Pharmaceutical Grade

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
    Animal Food
    Health Care Products
    Functional Drinks
    Medicine
    Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
    Lonza Group
    Northeast Pharmaceutical
    Hengtai Chemical
    Chengda Pharmaceutical
    Koncepnutra
    HuaYang
    Biosint
    Hongjing Chemical
    KangXin Chemical
    Kangjian Chemical
    AIDP