The L-carnitine market is projected to grow at a considerable CAGR of XX% during the forecast period (2020-2026). L-carnitine is an amino acid that turns fat into energy. L-carnitine is mainly taken by individuals to increase L-carnitine levels in their bodies. The proper intake of L-carnitine is found to be effective in several conditions including serious kidney disease, overactive thyroid, complications in conceiving, strain in heart and blood vessels and so on. The proper intake of L-carnitine supplements offers relief in obesity-related disorders such as diabetes, high blood pressure, heart diseases, and stroke among others.
Diabetes is one of the major health issues all across the globe and it has reached alarming levels. As per the International Diabetes Foundation (IDF), around 463 million have diabetes globally in 2019. The global prevalence of diabetes is projected to augment to 578 million by 2030, and 700 million by 2045. Moreover, around two-thirds of people having diabetes live in urban areas. It was expected that there were around four million mortalities in the age range of 20–79 years in 2019 due to diabetes all across the globe. In addition to this, more than one million children and adolescents were living with type-1 diabetes in 2019.
The new-born and suckling piglets, therefore, require external L-carnitine which is normally derived from colostrum milk. In addition, the beneficial effects of L-carnitine supplementation during growing and finishing time were also observed in the growth and metabolic tests with pigs. Therefore, the poultry farmers are making use of L-carnitine supplements in the animal feed. The rising adoption of the L-carnitine in making the animal feed is anticipated to make a huge contribution towards the growth of the L-carnitine market across the globe.
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Global L-Carnitine Market Segmentation
By Process Type
- Bioprocess
- Chemical Synthesis
By Product Type
- Food & Pharmaceutical Grade
- Feed Grade
By Application
- Animal Feed
- Healthcare Products
- Functional Drinks
- Others
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