Global and Japan L-carnitine Market Insights, Forecast to 2027

L-carnitine is a white crystalline, hygroscopic (moisture-retaining) powder. It is an amino acid (a building block for proteins) that is naturally produced in the body, which plays a vital role in the metabolism of fat. It functions as a transporter of fatty acids into the mitochondria, the metabolic furnace of the cell.
Currently, some companies in the world can produce L-carnitine product, mainly concentrating in China. The main market players are Lonza Group, Northeast Pharmaceutical, Hengtai Chemical, Chengda Pharmaceutical, etc. The production of L-carnitine with an average growth rate of 4.46%. Global L-carnitine capacity utilization rate remained at around 70%.

Market Analysis and Insights: Global and Japan L-carnitine Market
This report focuses on global and Japan L-carnitine market.
In 2020, the global L-carnitine market size was US$ 300.6 million and it is expected to reach US$ 345.7 million by the end of 2027, with a CAGR of 2.0% during 2021-2027. In Japan the L-carnitine market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global L-carnitine Scope and Market Size
L-carnitine market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global L-carnitine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the L-carnitine market size by players, by Grade, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Grade
L-Carnitine Food Grade
L-Carnitine Feed Grade
L-Carnitine Pharmaceutical Grade

Segment by Application
Animal Food
Health Care Products
Functional Drinks
Medicine
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Lonza Group
Northeast Pharmaceutical
Hengtai Chemical
Chengda Pharmaceutical
Koncepnutra
HuaYang
Biosint
Hongjing Chemical
KangXin Chemical
Kangjian Chemical
AIDP