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L-Carnitine Market Size, Share and Major Industry Players and Forecast to 2027 : Reports and Data

The global L-Carnitine market is expected to reach USD 247.3 Million by 2027, according to a new report by Reports and Data.

 

New York, NY -- (SBWIRE) -- 02/24/2021 -- Reports and Data's newest report, titled 'Global L-Carnitine Market,' is primarily focused on the historical and current market analyses. The report stresses on the most fundamental factors that are expected to influence the growth of the L-Carnitine industry over the forecast years. Our team of market analysts has offered meaningful insights into the industry's future growth prospects, implementing a set of avant-garde analytical tools, such as Porter's Five Forces analysis, SWOT analysis, and investment analysis. The report entails significant market information, assessed through both primary and secondary research methodologies, and derives industry-leading insights to help readers get an accurate idea of the ever-evolving L-Carnitine market.

L-Carnitine is popular for is role in energy metabolism. L-Carnitine is found in constituents usually incorporated in pet food formulations, though, the proportion of L-Carnitine may differ. The proportion of L-Carnitine is maximum in constituents derived from poultry and meat. The heart is a vital muscular organ that requires energy and nutrients for its proper functioning. On average, a human heart beats 72 bpm, whereas the heart of a dog beats at about 120 bpm, and that of a cat is nearly 180 bpm. Therefore, nutrient demands for pets such as cats and dogs may be likely to be much higher as compared to humans. It has been found that the heart functions mostly on fatty acids and, as a result, L-Carnitine to assist in meeting its energy requirements. Hence, the surging demand for L-Carnitine in animal feed is likely to drive market growth.

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Leading companies profiled in the report:

Northeast Pharmaceutical Co. Ltd.
Biosint SPA
Cayman Chemical
Merck KGaA
Tokyo Chemical Industry Company Limited
Chengda Pharmaceutical Co. Ltd.
Huanggang Huayang Pharmaceutical Co. Ltd.
Kaiyuan Hengtai Chemical Co. Ltd.
Lonza Group Ltd.
Hengtai Chemical

Production Method Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Bio-Process
Chemical Synthesis

Grade Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Food Grade
Feed Grade
Pharmaceutical Grade

Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Online
Offline

Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Animal Feed
Pharmaceuticals
Functional Food & Beverage

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Regional analysis covers:

North America
U.S
Europe
U.K
France
Asia Pacific
China
India
Japan
Latin America
Brazil
MEA

Table of Content:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. L-Carnitine Segmentation & Impact Analysis
4.1. L-Carnitine Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Surging demand in animal feed
4.2.2.2. Rising geriatric population…

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Key Highlights from the L-Carnitine Market Report:

Comprehensive overview of the L-Carnitine Market along with detailed analysis of the current and emerging trends of the industry.
Detailed analysis of the competitive landscape of the market with company profile, product portfolio, and expansion strategies
Comprehensive assessment of the mergers and acquisitions, joint ventures, partnerships, and other collaborations
In-depth regional analysis to provide a detailed understanding of the market spread and competition in key regions of the market
Complete assessment of the risks, trends, demands, opportunities, and threats in the industry
Strategic recommendations to the new players and established countries to assist them in gaining a strong foothold in the market

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