L-carnitine Market by Regional Analysis, Global Outlook and Forecast 2024
Axiom MRC added an, “L-Carnitine
Market Research Report, By
Type, Application and Geography, Global Market Share, Trend Analysis and
Forecast up to 2024”
L-Carnitine compound
is amino acid produces energy, helps in fat burning and enhances functionality
of the mitochondrion.
It is produced by the
mammal’s body by utilizing amino acids such as, lysine and methionine, and can
also be gained from red meat.
The factors driving
the global L-carnitine market such as, increasing use of l-carnitine in the
production of function food and beverages, increasing obese population, raising
awareness about the animal health.
The global L-Carnitine
market was valued at ~ USD 670.7 million in 2016. The market is anticipated to
grow at compound annual growth rate of in between 4.2% to 5.2 % from 2018 to
2023.
L-carnitine Market Top
Players:
Northeast Pharmaceutical
Group Co., Ltd.
AIDP Inc.
Alfa Aesar
Spectrum Chemicals and
Laboratory Products, Inc.
Zhejiang Jiashan
Chengda Pharm & Chem Co. Among Others.
L-carnitine Market Geography:
North America
Europe
Asia-Pacific and
Rest of the world
region.
Axiom Market Research
& Consulting™ (also known as Axiom MRC), is a full-service market research
and data analytics firm, driven by a simple aim of providing key market
intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
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