Global Carnitine Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Page: 104

Published Date: 18 Mar 2023

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

Carnitine, derived from an amino acid, is found in nearly all cells of the body. Carnitine is the generic term for a number of compounds that include L-carnitine, Acetyl-L-carnitine, and propionyl-L-carnitine, etc.

According to our (Global Info Research) latest study, the global Carnitine market size was valued at USD 294.4 million in 2022 and is forecast to a readjusted size of USD 465.3 million by 2029 with a CAGR of 6.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global top five carnitine manufacturers occupied for a share nearly 70 percent, key players are Lonza Group, Northeast Pharmaceutical, Hengtai Nutrition, Koncepnutra and Chengda Pharmaceutical. Geographically speaking, the global Carnitine are mainly produced in China, which occupied for a share over 85 percent. In a terms of type,L-carnitinec holds about 40% of global market sharey, followled by L- Carnitine Fumarate of 30%. In terms of application, health care products holds about 40% of global market share, followed by medicine of 30%.

This report is a detailed and comprehensive analysis for global Carnitine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Carnitine market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Carnitine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Carnitine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Carnitine market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Kg), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carnitine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carnitine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lonza Group, Biosint, AIDP, Northeast Pharmaceutical and Hengtai Nutrition, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Carnitine market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    L-carnitine
    Acetyl-L Carnitine (ALC)
    L- Carnitine Fumarate
    L- Carnitine L-Tartrate
    Others

Market segment by Application
    Animal Food
    Health Care Products
    Functional Drinks
    Medicine
    Others

Major players covered
    Lonza Group
    Biosint
    AIDP
    Northeast Pharmaceutical
    Hengtai Nutrition
    Chengda Pharmaceutical
    Koncepnutra
    HuaYang
    KangXin Chemical
    Kangjian Chemical

Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carnitine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carnitine, with price, sales, revenue and global market share of Carnitine from 2018 to 2023.
Chapter 3, the Carnitine competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carnitine breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Carnitine market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carnitine.
Chapter 14 and 15, to describe Carnitine sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Carnitine
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Carnitine Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 L-carnitine
        1.3.3 Acetyl-L Carnitine (ALC)
        1.3.4 L- Carnitine Fumarate
        1.3.5 L- Carnitine L-Tartrate
        1.3.6 Others
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Carnitine Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Animal Food
        1.4.3 Health Care Products
        1.4.4 Functional Drinks
        1.4.5 Medicine
        1.4.6 Others
    1.5 Global Carnitine Market Size & Forecast
        1.5.1 Global Carnitine Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Carnitine Sales Quantity (2018-2029)
        1.5.3 Global Carnitine Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Lonza Group
        2.1.1 Lonza Group Details
        2.1.2 Lonza Group Major Business
        2.1.3 Lonza Group Carnitine Product and Services
        2.1.4 Lonza Group Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Lonza Group Recent Developments/Updates
    2.2 Biosint
        2.2.1 Biosint Details
        2.2.2 Biosint Major Business
        2.2.3 Biosint Carnitine Product and Services
        2.2.4 Biosint Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Biosint Recent Developments/Updates
    2.3 AIDP
        2.3.1 AIDP Details
        2.3.2 AIDP Major Business
        2.3.3 AIDP Carnitine Product and Services
        2.3.4 AIDP Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 AIDP Recent Developments/Updates
    2.4 Northeast Pharmaceutical
        2.4.1 Northeast Pharmaceutical Details
        2.4.2 Northeast Pharmaceutical Major Business
        2.4.3 Northeast Pharmaceutical Carnitine Product and Services
        2.4.4 Northeast Pharmaceutical Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Northeast Pharmaceutical Recent Developments/Updates
    2.5 Hengtai Nutrition
        2.5.1 Hengtai Nutrition Details
        2.5.2 Hengtai Nutrition Major Business
        2.5.3 Hengtai Nutrition Carnitine Product and Services
        2.5.4 Hengtai Nutrition Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Hengtai Nutrition Recent Developments/Updates
    2.6 Chengda Pharmaceutical
        2.6.1 Chengda Pharmaceutical Details
        2.6.2 Chengda Pharmaceutical Major Business
        2.6.3 Chengda Pharmaceutical Carnitine Product and Services
        2.6.4 Chengda Pharmaceutical Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Chengda Pharmaceutical Recent Developments/Updates
    2.7 Koncepnutra
        2.7.1 Koncepnutra Details
        2.7.2 Koncepnutra Major Business
        2.7.3 Koncepnutra Carnitine Product and Services
        2.7.4 Koncepnutra Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Koncepnutra Recent Developments/Updates
    2.8 HuaYang
        2.8.1 HuaYang Details
        2.8.2 HuaYang Major Business
        2.8.3 HuaYang Carnitine Product and Services
        2.8.4 HuaYang Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 HuaYang Recent Developments/Updates
    2.9 KangXin Chemical
        2.9.1 KangXin Chemical Details
        2.9.2 KangXin Chemical Major Business
        2.9.3 KangXin Chemical Carnitine Product and Services
        2.9.4 KangXin Chemical Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 KangXin Chemical Recent Developments/Updates
    2.10 Kangjian Chemical
        2.10.1 Kangjian Chemical Details
        2.10.2 Kangjian Chemical Major Business
        2.10.3 Kangjian Chemical Carnitine Product and Services
        2.10.4 Kangjian Chemical Carnitine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Kangjian Chemical Recent Developments/Updates

3 Competitive Environment: Carnitine by Manufacturer
    3.1 Global Carnitine Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Carnitine Revenue by Manufacturer (2018-2023)
    3.3 Global Carnitine Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Carnitine by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Carnitine Manufacturer Market Share in 2022
        3.4.2 Top 6 Carnitine Manufacturer Market Share in 2022
    3.5 Carnitine Market: Overall Company Footprint Analysis
        3.5.1 Carnitine Market: Region Footprint
        3.5.2 Carnitine Market: Company Product Type Footprint
        3.5.3 Carnitine Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Carnitine Market Size by Region
        4.1.1 Global Carnitine Sales Quantity by Region (2018-2029)
        4.1.2 Global Carnitine Consumption Value by Region (2018-2029)
        4.1.3 Global Carnitine Average Price by Region (2018-2029)
    4.2 North America Carnitine Consumption Value (2018-2029)
    4.3 Europe Carnitine Consumption Value (2018-2029)
    4.4 Asia-Pacific Carnitine Consumption Value (2018-2029)
    4.5 South America Carnitine Consumption Value (2018-2029)
    4.6 Middle East and Africa Carnitine Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Carnitine Sales Quantity by Type (2018-2029)
    5.2 Global Carnitine Consumption Value by Type (2018-2029)
    5.3 Global Carnitine Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Carnitine Sales Quantity by Application (2018-2029)
    6.2 Global Carnitine Consumption Value by Application (2018-2029)
    6.3 Global Carnitine Average Price by Application (2018-2029)

7 North America
    7.1 North America Carnitine Sales Quantity by Type (2018-2029)
    7.2 North America Carnitine Sales Quantity by Application (2018-2029)
    7.3 North America Carnitine Market Size by Country
        7.3.1 North America Carnitine Sales Quantity by Country (2018-2029)
        7.3.2 North America Carnitine Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Carnitine Sales Quantity by Type (2018-2029)
    8.2 Europe Carnitine Sales Quantity by Application (2018-2029)
    8.3 Europe Carnitine Market Size by Country
        8.3.1 Europe Carnitine Sales Quantity by Country (2018-2029)
        8.3.2 Europe Carnitine Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Carnitine Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Carnitine Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Carnitine Market Size by Region
        9.3.1 Asia-Pacific Carnitine Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Carnitine Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Carnitine Sales Quantity by Type (2018-2029)
    10.2 South America Carnitine Sales Quantity by Application (2018-2029)
    10.3 South America Carnitine Market Size by Country
        10.3.1 South America Carnitine Sales Quantity by Country (2018-2029)
        10.3.2 South America Carnitine Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Carnitine Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Carnitine Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Carnitine Market Size by Country
        11.3.1 Middle East & Africa Carnitine Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Carnitine Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Carnitine Market Drivers
    12.2 Carnitine Market Restraints
    12.3 Carnitine Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Carnitine and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Carnitine
    13.3 Carnitine Production Process
    13.4 Carnitine Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Carnitine Typical Distributors
    14.3 Carnitine Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Carnitine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Carnitine Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Lonza Group Basic Information, Manufacturing Base and Competitors
    Table 4. Lonza Group Major Business
    Table 5. Lonza Group Carnitine Product and Services
    Table 6. Lonza Group Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Lonza Group Recent Developments/Updates
    Table 8. Biosint Basic Information, Manufacturing Base and Competitors
    Table 9. Biosint Major Business
    Table 10. Biosint Carnitine Product and Services
    Table 11. Biosint Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. Biosint Recent Developments/Updates
    Table 13. AIDP Basic Information, Manufacturing Base and Competitors
    Table 14. AIDP Major Business
    Table 15. AIDP Carnitine Product and Services
    Table 16. AIDP Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. AIDP Recent Developments/Updates
    Table 18. Northeast Pharmaceutical Basic Information, Manufacturing Base and Competitors
    Table 19. Northeast Pharmaceutical Major Business
    Table 20. Northeast Pharmaceutical Carnitine Product and Services
    Table 21. Northeast Pharmaceutical Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Northeast Pharmaceutical Recent Developments/Updates
    Table 23. Hengtai Nutrition Basic Information, Manufacturing Base and Competitors
    Table 24. Hengtai Nutrition Major Business
    Table 25. Hengtai Nutrition Carnitine Product and Services
    Table 26. Hengtai Nutrition Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Hengtai Nutrition Recent Developments/Updates
    Table 28. Chengda Pharmaceutical Basic Information, Manufacturing Base and Competitors
    Table 29. Chengda Pharmaceutical Major Business
    Table 30. Chengda Pharmaceutical Carnitine Product and Services
    Table 31. Chengda Pharmaceutical Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Chengda Pharmaceutical Recent Developments/Updates
    Table 33. Koncepnutra Basic Information, Manufacturing Base and Competitors
    Table 34. Koncepnutra Major Business
    Table 35. Koncepnutra Carnitine Product and Services
    Table 36. Koncepnutra Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. Koncepnutra Recent Developments/Updates
    Table 38. HuaYang Basic Information, Manufacturing Base and Competitors
    Table 39. HuaYang Major Business
    Table 40. HuaYang Carnitine Product and Services
    Table 41. HuaYang Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. HuaYang Recent Developments/Updates
    Table 43. KangXin Chemical Basic Information, Manufacturing Base and Competitors
    Table 44. KangXin Chemical Major Business
    Table 45. KangXin Chemical Carnitine Product and Services
    Table 46. KangXin Chemical Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. KangXin Chemical Recent Developments/Updates
    Table 48. Kangjian Chemical Basic Information, Manufacturing Base and Competitors
    Table 49. Kangjian Chemical Major Business
    Table 50. Kangjian Chemical Carnitine Product and Services
    Table 51. Kangjian Chemical Carnitine Sales Quantity (MT), Average Price (US$/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Kangjian Chemical Recent Developments/Updates
    Table 53. Global Carnitine Sales Quantity by Manufacturer (2018-2023) & (MT)
    Table 54. Global Carnitine Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 55. Global Carnitine Average Price by Manufacturer (2018-2023) & (US$/Kg)
    Table 56. Market Position of Manufacturers in Carnitine, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 57. Head Office and Carnitine Production Site of Key Manufacturer
    Table 58. Carnitine Market: Company Product Type Footprint
    Table 59. Carnitine Market: Company Product Application Footprint
    Table 60. Carnitine New Market Entrants and Barriers to Market Entry
    Table 61. Carnitine Mergers, Acquisition, Agreements, and Collaborations
    Table 62. Global Carnitine Sales Quantity by Region (2018-2023) & (MT)
    Table 63. Global Carnitine Sales Quantity by Region (2024-2029) & (MT)
    Table 64. Global Carnitine Consumption Value by Region (2018-2023) & (USD Million)
    Table 65. Global Carnitine Consumption Value by Region (2024-2029) & (USD Million)
    Table 66. Global Carnitine Average Price by Region (2018-2023) & (US$/Kg)
    Table 67. Global Carnitine Average Price by Region (2024-2029) & (US$/Kg)
    Table 68. Global Carnitine Sales Quantity by Type (2018-2023) & (MT)
    Table 69. Global Carnitine Sales Quantity by Type (2024-2029) & (MT)
    Table 70. Global Carnitine Consumption Value by Type (2018-2023) & (USD Million)
    Table 71. Global Carnitine Consumption Value by Type (2024-2029) & (USD Million)
    Table 72. Global Carnitine Average Price by Type (2018-2023) & (US$/Kg)
    Table 73. Global Carnitine Average Price by Type (2024-2029) & (US$/Kg)
    Table 74. Global Carnitine Sales Quantity by Application (2018-2023) & (MT)
    Table 75. Global Carnitine Sales Quantity by Application (2024-2029) & (MT)
    Table 76. Global Carnitine Consumption Value by Application (2018-2023) & (USD Million)
    Table 77. Global Carnitine Consumption Value by Application (2024-2029) & (USD Million)
    Table 78. Global Carnitine Average Price by Application (2018-2023) & (US$/Kg)
    Table 79. Global Carnitine Average Price by Application (2024-2029) & (US$/Kg)
    Table 80. North America Carnitine Sales Quantity by Type (2018-2023) & (MT)
    Table 81. North America Carnitine Sales Quantity by Type (2024-2029) & (MT)
    Table 82. North America Carnitine Sales Quantity by Application (2018-2023) & (MT)
    Table 83. North America Carnitine Sales Quantity by Application (2024-2029) & (MT)
    Table 84. North America Carnitine Sales Quantity by Country (2018-2023) & (MT)
    Table 85. North America Carnitine Sales Quantity by Country (2024-2029) & (MT)
    Table 86. North America Carnitine Consumption Value by Country (2018-2023) & (USD Million)
    Table 87. North America Carnitine Consumption Value by Country (2024-2029) & (USD Million)
    Table 88. Europe Carnitine Sales Quantity by Type (2018-2023) & (MT)
    Table 89. Europe Carnitine Sales Quantity by Type (2024-2029) & (MT)
    Table 90. Europe Carnitine Sales Quantity by Application (2018-2023) & (MT)
    Table 91. Europe Carnitine Sales Quantity by Application (2024-2029) & (MT)
    Table 92. Europe Carnitine Sales Quantity by Country (2018-2023) & (MT)
    Table 93. Europe Carnitine Sales Quantity by Country (2024-2029) & (MT)
    Table 94. Europe Carnitine Consumption Value by Country (2018-2023) & (USD Million)
    Table 95. Europe Carnitine Consumption Value by Country (2024-2029) & (USD Million)
    Table 96. Asia-Pacific Carnitine Sales Quantity by Type (2018-2023) & (MT)
    Table 97. Asia-Pacific Carnitine Sales Quantity by Type (2024-2029) & (MT)
    Table 98. Asia-Pacific Carnitine Sales Quantity by Application (2018-2023) & (MT)
    Table 99. Asia-Pacific Carnitine Sales Quantity by Application (2024-2029) & (MT)
    Table 100. Asia-Pacific Carnitine Sales Quantity by Region (2018-2023) & (MT)
    Table 101. Asia-Pacific Carnitine Sales Quantity by Region (2024-2029) & (MT)
    Table 102. Asia-Pacific Carnitine Consumption Value by Region (2018-2023) & (USD Million)
    Table 103. Asia-Pacific Carnitine Consumption Value by Region (2024-2029) & (USD Million)
    Table 104. South America Carnitine Sales Quantity by Type (2018-2023) & (MT)
    Table 105. South America Carnitine Sales Quantity by Type (2024-2029) & (MT)
    Table 106. South America Carnitine Sales Quantity by Application (2018-2023) & (MT)
    Table 107. South America Carnitine Sales Quantity by Application (2024-2029) & (MT)
    Table 108. South America Carnitine Sales Quantity by Country (2018-2023) & (MT)
    Table 109. South America Carnitine Sales Quantity by Country (2024-2029) & (MT)
    Table 110. South America Carnitine Consumption Value by Country (2018-2023) & (USD Million)
    Table 111. South America Carnitine Consumption Value by Country (2024-2029) & (USD Million)
    Table 112. Middle East & Africa Carnitine Sales Quantity by Type (2018-2023) & (MT)
    Table 113. Middle East & Africa Carnitine Sales Quantity by Type (2024-2029) & (MT)
    Table 114. Middle East & Africa Carnitine Sales Quantity by Application (2018-2023) & (MT)
    Table 115. Middle East & Africa Carnitine Sales Quantity by Application (2024-2029) & (MT)
    Table 116. Middle East & Africa Carnitine Sales Quantity by Region (2018-2023) & (MT)
    Table 117. Middle East & Africa Carnitine Sales Quantity by Region (2024-2029) & (MT)
    Table 118. Middle East & Africa Carnitine Consumption Value by Region (2018-2023) & (USD Million)
    Table 119. Middle East & Africa Carnitine Consumption Value by Region (2024-2029) & (USD Million)
    Table 120. Carnitine Raw Material
    Table 121. Key Manufacturers of Carnitine Raw Materials
    Table 122. Carnitine Typical Distributors
    Table 123. Carnitine Typical Customers
List of Figures
    Figure 1. Carnitine Picture
    Figure 2. Global Carnitine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Carnitine Consumption Value Market Share by Type in 2022
    Figure 4. L-carnitine Examples
    Figure 5. Acetyl-L Carnitine (ALC) Examples
    Figure 6. L- Carnitine Fumarate Examples
    Figure 7. L- Carnitine L-Tartrate Examples
    Figure 8. Others Examples
    Figure 9. Global Carnitine Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 10. Global Carnitine Consumption Value Market Share by Application in 2022
    Figure 11. Animal Food Examples
    Figure 12. Health Care Products Examples
    Figure 13. Functional Drinks Examples
    Figure 14. Medicine Examples
    Figure 15. Others Examples
    Figure 16. Global Carnitine Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 17. Global Carnitine Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 18. Global Carnitine Sales Quantity (2018-2029) & (MT)
    Figure 19. Global Carnitine Average Price (2018-2029) & (US$/Kg)
    Figure 20. Global Carnitine Sales Quantity Market Share by Manufacturer in 2022
    Figure 21. Global Carnitine Consumption Value Market Share by Manufacturer in 2022
    Figure 22. Producer Shipments of Carnitine by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 23. Top 3 Carnitine Manufacturer (Consumption Value) Market Share in 2022
    Figure 24. Top 6 Carnitine Manufacturer (Consumption Value) Market Share in 2022
    Figure 25. Global Carnitine Sales Quantity Market Share by Region (2018-2029)
    Figure 26. Global Carnitine Consumption Value Market Share by Region (2018-2029)
    Figure 27. North America Carnitine Consumption Value (2018-2029) & (USD Million)
    Figure 28. Europe Carnitine Consumption Value (2018-2029) & (USD Million)
    Figure 29. Asia-Pacific Carnitine Consumption Value (2018-2029) & (USD Million)
    Figure 30. South America Carnitine Consumption Value (2018-2029) & (USD Million)
    Figure 31. Middle East & Africa Carnitine Consumption Value (2018-2029) & (USD Million)
    Figure 32. Global Carnitine Sales Quantity Market Share by Type (2018-2029)
    Figure 33. Global Carnitine Consumption Value Market Share by Type (2018-2029)
    Figure 34. Global Carnitine Average Price by Type (2018-2029) & (US$/Kg)
    Figure 35. Global Carnitine Sales Quantity Market Share by Application (2018-2029)
    Figure 36. Global Carnitine Consumption Value Market Share by Application (2018-2029)
    Figure 37. Global Carnitine Average Price by Application (2018-2029) & (US$/Kg)
    Figure 38. North America Carnitine Sales Quantity Market Share by Type (2018-2029)
    Figure 39. North America Carnitine Sales Quantity Market Share by Application (2018-2029)
    Figure 40. North America Carnitine Sales Quantity Market Share by Country (2018-2029)
    Figure 41. North America Carnitine Consumption Value Market Share by Country (2018-2029)
    Figure 42. United States Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 43. Canada Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 44. Mexico Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 45. Europe Carnitine Sales Quantity Market Share by Type (2018-2029)
    Figure 46. Europe Carnitine Sales Quantity Market Share by Application (2018-2029)
    Figure 47. Europe Carnitine Sales Quantity Market Share by Country (2018-2029)
    Figure 48. Europe Carnitine Consumption Value Market Share by Country (2018-2029)
    Figure 49. Germany Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 50. France Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 51. United Kingdom Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 52. Russia Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 53. Italy Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 54. Asia-Pacific Carnitine Sales Quantity Market Share by Type (2018-2029)
    Figure 55. Asia-Pacific Carnitine Sales Quantity Market Share by Application (2018-2029)
    Figure 56. Asia-Pacific Carnitine Sales Quantity Market Share by Region (2018-2029)
    Figure 57. Asia-Pacific Carnitine Consumption Value Market Share by Region (2018-2029)
    Figure 58. China Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. Japan Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. Korea Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 61. India Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 62. Southeast Asia Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 63. Australia Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 64. South America Carnitine Sales Quantity Market Share by Type (2018-2029)
    Figure 65. South America Carnitine Sales Quantity Market Share by Application (2018-2029)
    Figure 66. South America Carnitine Sales Quantity Market Share by Country (2018-2029)
    Figure 67. South America Carnitine Consumption Value Market Share by Country (2018-2029)
    Figure 68. Brazil Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 69. Argentina Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 70. Middle East & Africa Carnitine Sales Quantity Market Share by Type (2018-2029)
    Figure 71. Middle East & Africa Carnitine Sales Quantity Market Share by Application (2018-2029)
    Figure 72. Middle East & Africa Carnitine Sales Quantity Market Share by Region (2018-2029)
    Figure 73. Middle East & Africa Carnitine Consumption Value Market Share by Region (2018-2029)
    Figure 74. Turkey Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 75. Egypt Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 76. Saudi Arabia Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 77. South Africa Carnitine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 78. Carnitine Market Drivers
    Figure 79. Carnitine Market Restraints
    Figure 80. Carnitine Market Trends
    Figure 81. Porters Five Forces Analysis
    Figure 82. Manufacturing Cost Structure Analysis of Carnitine in 2022
    Figure 83. Manufacturing Process Analysis of Carnitine
    Figure 84. Carnitine Industrial Chain
    Figure 85. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 86. Direct Channel Pros & Cons
    Figure 87. Indirect Channel Pros & Cons
    Figure 88. Methodology
    Figure 89. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Related Reports

Global Carnitine Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Carnitine Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Chemical & Material

According to our (Global Info Research) latest study, the global Carnitine market size was valued at USD 294.4 million in 2023 and is forecast to a readjusted size of USD 465.3 million by 2030 with a CAGR of 6.8% during review period.

Product Tags

L-carnitine

Acetyl-L Carnitine (ALC)

Carnitine

Feed Grade L-Carnitine

Chemical Synthesis L-carnitine

L-Carnitine Orotate

L-Carnitine Food Grade

Acetyl-L-carnitine Hydrochloride

L-Carnitine L-Tartrate

Acetyl L-Carnitine (ALC) Supplements

L-Carnitine Products

L-Carnitine Fumarate

Acetyl-L-Carnitine HCl

L-carnitine Tartrate

L-Carnitine Drink

L-carnitine Sugar-free Coffee

L-carnitine Capsule

L-Carnitine Supplements

Pharmaceutical Grade L-Carnitine

Carnitine Series Products

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