North America L-carnosine market is estimated to grow at a CAGR of over 5.7% during the forecast period. Increasing incidence and prevalence of CVD, neurological disorders, and diabetes are some of the major factors contributing to the growth of the market. CVD is the leading cause of mortality in the US. According to the American Heart Association’s 2018 Heart Disease and Stroke Statistics, CVD accounted for around 836,546 mortalities in the US. Among Americans, an average one person dies from CVD, every 40 seconds. A large number of CVD patients present in the region is expected to increase the adoption of dietary supplements, including L-Carnosine, as it manages the condition through its anti-inflammatory, antiglycation, antioxidative and chelating effects.
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The North America L-carnosine market is segmented on the basis of application and geography. Based on the application, the market is segmented into autism, diabetes support, skin support, CVD support, joint support, and others, which include digestion support, Parkinson’s disease, and Alzheimer’s disease. In 2019, the skin support segment is projected to contribute a significant share to the global market. The major benefits of L-carnosine based products for skincare include the protection of skin from UV rays of sunlight, repairing of sunburn, wound healing support, proper moisturization & hydration, and restoration of barrier function.
Further, the report covers the analysis of various players operating in the market. Some of the major players covered in the report include Atrium Innovations, Inc. (Douglas Laboratories), Kirkman Group, Inc., Charkit Chemical Company LLC, and Klaire Labs. These market players are adopting strategies including mergers and acquisitions, product launches, and partnerships and collaborations, to gain a competitive advantage. For instance, in July 2019, Charkit Chemical Company LLC acquired Custom Ingredients, a manufacturer of specialty ingredients, and CA Specialties in the personal care market. The acquisition aimed to increase access to the market.
North America L-Carnosine Market- Segmentation
By Application
- Autism
- Diabetes
- Skin Support
- Cardiovascular Support
- Joint Support
- Others
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North America L-Carnosine Market– Segment by Region
- United States
- Canada
