Global L-carnitine Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “L-carnitine Industry Forecast” looks at past sales and reviews total world L-carnitine sales in 2022, providing a comprehensive analysis by region and market sector of projected L-carnitine sales for 2023 through 2029. With L-carnitine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world L-carnitine industry.

This Insight Report provides a comprehensive analysis of the global L-carnitine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on L-carnitine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global L-carnitine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for L-carnitine and breaks down the forecast by grade, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global L-carnitine.

The global L-carnitine market size is projected to grow from US$ 300.3 million in 2022 to US$ 346.7 million in 2029; it is expected to grow at a CAGR of 346.7 from 2023 to 2029.

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%.

This report presents a comprehensive overview, market shares, and growth opportunities of L-carnitine market by product grade, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by grade
    L-Carnitine Food Grade
    L-Carnitine Feed Grade
    L-Carnitine Pharmaceutical Grade

Segmentation by application
    Animal Food
    Health Care Products
    Functional Drinks
    Medicine
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Lonza Group
    Northeast Pharmaceutical
    Hengtai Chemical
    Chengda Pharmaceutical
    Koncepnutra
    HuaYang
    Biosint
    Hongjing Chemical
    KangXin Chemical
    Kangjian Chemical
    AIDP

Key Questions Addressed in this Report
What is the 10-year outlook for the global L-carnitine market?
What factors are driving L-carnitine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do L-carnitine market opportunities vary by end market size?
How does L-carnitine break out grade, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. L-carnitine Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. L-carnitine Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of L-Carnitine Food Grade
    Table 4. Major Players of L-Carnitine Feed Grade
    Table 5. Major Players of L-Carnitine Pharmaceutical Grade
    Table 6. Global L-carnitine Sales by Grade (2018-2023) & (MT)
    Table 7. Global L-carnitine Sales Market Share by Grade (2018-2023)
    Table 8. Global L-carnitine Revenue by Grade (2018-2023) & ($ million)
    Table 9. Global L-carnitine Revenue Market Share by Grade (2018-2023)
    Table 10. Global L-carnitine Sale Price by Grade (2018-2023) & (USD/MT)
    Table 11. Global L-carnitine Sales by Application (2018-2023) & (MT)
    Table 12. Global L-carnitine Sales Market Share by Application (2018-2023)
    Table 13. Global L-carnitine Revenue by Application (2018-2023)
    Table 14. Global L-carnitine Revenue Market Share by Application (2018-2023)
    Table 15. Global L-carnitine Sale Price by Application (2018-2023) & (USD/MT)
    Table 16. Global L-carnitine Sales by Company (2018-2023) & (MT)
    Table 17. Global L-carnitine Sales Market Share by Company (2018-2023)
    Table 18. Global L-carnitine Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global L-carnitine Revenue Market Share by Company (2018-2023)
    Table 20. Global L-carnitine Sale Price by Company (2018-2023) & (USD/MT)
    Table 21. Key Manufacturers L-carnitine Producing Area Distribution and Sales Area
    Table 22. Players L-carnitine Products Offered
    Table 23. L-carnitine Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global L-carnitine Sales by Geographic Region (2018-2023) & (MT)
    Table 27. Global L-carnitine Sales Market Share Geographic Region (2018-2023)
    Table 28. Global L-carnitine Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global L-carnitine Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global L-carnitine Sales by Country/Region (2018-2023) & (MT)
    Table 31. Global L-carnitine Sales Market Share by Country/Region (2018-2023)
    Table 32. Global L-carnitine Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global L-carnitine Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas L-carnitine Sales by Country (2018-2023) & (MT)
    Table 35. Americas L-carnitine Sales Market Share by Country (2018-2023)
    Table 36. Americas L-carnitine Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas L-carnitine Revenue Market Share by Country (2018-2023)
    Table 38. Americas L-carnitine Sales by Type (2018-2023) & (MT)
    Table 39. Americas L-carnitine Sales by Application (2018-2023) & (MT)
    Table 40. APAC L-carnitine Sales by Region (2018-2023) & (MT)
    Table 41. APAC L-carnitine Sales Market Share by Region (2018-2023)
    Table 42. APAC L-carnitine Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC L-carnitine Revenue Market Share by Region (2018-2023)
    Table 44. APAC L-carnitine Sales by Grade (2018-2023) & (MT)
    Table 45. APAC L-carnitine Sales by Application (2018-2023) & (MT)
    Table 46. Europe L-carnitine Sales by Country (2018-2023) & (MT)
    Table 47. Europe L-carnitine Sales Market Share by Country (2018-2023)
    Table 48. Europe L-carnitine Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe L-carnitine Revenue Market Share by Country (2018-2023)
    Table 50. Europe L-carnitine Sales by Type (2018-2023) & (MT)
    Table 51. Europe L-carnitine Sales by Application (2018-2023) & (MT)
    Table 52. Middle East & Africa L-carnitine Sales by Country (2018-2023) & (MT)
    Table 53. Middle East & Africa L-carnitine Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa L-carnitine Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa L-carnitine Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa L-carnitine Sales by Grade (2018-2023) & (MT)
    Table 57. Middle East & Africa L-carnitine Sales by Application (2018-2023) & (MT)
    Table 58. Key Market Drivers & Growth Opportunities of L-carnitine
    Table 59. Key Market Challenges & Risks of L-carnitine
    Table 60. Key Industry Trends of L-carnitine
    Table 61. L-carnitine Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. L-carnitine Distributors List
    Table 64. L-carnitine Customer List
    Table 65. Global L-carnitine Sales Forecast by Region (2024-2029) & (MT)
    Table 66. Global L-carnitine Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas L-carnitine Sales Forecast by Country (2024-2029) & (MT)
    Table 68. Americas L-carnitine Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC L-carnitine Sales Forecast by Region (2024-2029) & (MT)
    Table 70. APAC L-carnitine Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe L-carnitine Sales Forecast by Country (2024-2029) & (MT)
    Table 72. Europe L-carnitine Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa L-carnitine Sales Forecast by Country (2024-2029) & (MT)
    Table 74. Middle East & Africa L-carnitine Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global L-carnitine Sales Forecast by Grade (2024-2029) & (MT)
    Table 76. Global L-carnitine Revenue Forecast by Grade (2024-2029) & ($ Millions)
    Table 77. Global L-carnitine Sales Forecast by Application (2024-2029) & (MT)
    Table 78. Global L-carnitine Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. Lonza Group Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 80. Lonza Group L-carnitine Product Portfolios and Specifications
    Table 81. Lonza Group L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 82. Lonza Group Main Business
    Table 83. Lonza Group Latest Developments
    Table 84. Northeast Pharmaceutical Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 85. Northeast Pharmaceutical L-carnitine Product Portfolios and Specifications
    Table 86. Northeast Pharmaceutical L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 87. Northeast Pharmaceutical Main Business
    Table 88. Northeast Pharmaceutical Latest Developments
    Table 89. Hengtai Chemical Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 90. Hengtai Chemical L-carnitine Product Portfolios and Specifications
    Table 91. Hengtai Chemical L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 92. Hengtai Chemical Main Business
    Table 93. Hengtai Chemical Latest Developments
    Table 94. Chengda Pharmaceutical Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 95. Chengda Pharmaceutical L-carnitine Product Portfolios and Specifications
    Table 96. Chengda Pharmaceutical L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 97. Chengda Pharmaceutical Main Business
    Table 98. Chengda Pharmaceutical Latest Developments
    Table 99. Koncepnutra Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 100. Koncepnutra L-carnitine Product Portfolios and Specifications
    Table 101. Koncepnutra L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 102. Koncepnutra Main Business
    Table 103. Koncepnutra Latest Developments
    Table 104. HuaYang Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 105. HuaYang L-carnitine Product Portfolios and Specifications
    Table 106. HuaYang L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 107. HuaYang Main Business
    Table 108. HuaYang Latest Developments
    Table 109. Biosint Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 110. Biosint L-carnitine Product Portfolios and Specifications
    Table 111. Biosint L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 112. Biosint Main Business
    Table 113. Biosint Latest Developments
    Table 114. Hongjing Chemical Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 115. Hongjing Chemical L-carnitine Product Portfolios and Specifications
    Table 116. Hongjing Chemical L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 117. Hongjing Chemical Main Business
    Table 118. Hongjing Chemical Latest Developments
    Table 119. KangXin Chemical Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 120. KangXin Chemical L-carnitine Product Portfolios and Specifications
    Table 121. KangXin Chemical L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 122. KangXin Chemical Main Business
    Table 123. KangXin Chemical Latest Developments
    Table 124. Kangjian Chemical Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 125. Kangjian Chemical L-carnitine Product Portfolios and Specifications
    Table 126. Kangjian Chemical L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 127. Kangjian Chemical Main Business
    Table 128. Kangjian Chemical Latest Developments
    Table 129. AIDP Basic Information, L-carnitine Manufacturing Base, Sales Area and Its Competitors
    Table 130. AIDP L-carnitine Product Portfolios and Specifications
    Table 131. AIDP L-carnitine Sales (MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 132. AIDP Main Business
    Table 133. AIDP Latest Developments
List of Figures
    Figure 1. Picture of L-carnitine
    Figure 2. L-carnitine Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global L-carnitine Sales Growth Rate 2018-2029 (MT)
    Figure 7. Global L-carnitine Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. L-carnitine Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of L-Carnitine Food Grade
    Figure 10. Product Picture of L-Carnitine Feed Grade
    Figure 11. Product Picture of L-Carnitine Pharmaceutical Grade
    Figure 12. Global L-carnitine Sales Market Share by Grade in 2022
    Figure 13. Global L-carnitine Revenue Market Share by Grade (2018-2023)
    Figure 14. L-carnitine Consumed in Animal Food
    Figure 15. Global L-carnitine Market: Animal Food (2018-2023) & (MT)
    Figure 16. L-carnitine Consumed in Health Care Products
    Figure 17. Global L-carnitine Market: Health Care Products (2018-2023) & (MT)
    Figure 18. L-carnitine Consumed in Functional Drinks
    Figure 19. Global L-carnitine Market: Functional Drinks (2018-2023) & (MT)
    Figure 20. L-carnitine Consumed in Medicine
    Figure 21. Global L-carnitine Market: Medicine (2018-2023) & (MT)
    Figure 22. L-carnitine Consumed in Others
    Figure 23. Global L-carnitine Market: Others (2018-2023) & (MT)
    Figure 24. Global L-carnitine Sales Market Share by Application (2022)
    Figure 25. Global L-carnitine Revenue Market Share by Application in 2022
    Figure 26. L-carnitine Sales Market by Company in 2022 (MT)
    Figure 27. Global L-carnitine Sales Market Share by Company in 2022
    Figure 28. L-carnitine Revenue Market by Company in 2022 ($ Million)
    Figure 29. Global L-carnitine Revenue Market Share by Company in 2022
    Figure 30. Global L-carnitine Sales Market Share by Geographic Region (2018-2023)
    Figure 31. Global L-carnitine Revenue Market Share by Geographic Region in 2022
    Figure 32. Americas L-carnitine Sales 2018-2023 (MT)
    Figure 33. Americas L-carnitine Revenue 2018-2023 ($ Millions)
    Figure 34. APAC L-carnitine Sales 2018-2023 (MT)
    Figure 35. APAC L-carnitine Revenue 2018-2023 ($ Millions)
    Figure 36. Europe L-carnitine Sales 2018-2023 (MT)
    Figure 37. Europe L-carnitine Revenue 2018-2023 ($ Millions)
    Figure 38. Middle East & Africa L-carnitine Sales 2018-2023 (MT)
    Figure 39. Middle East & Africa L-carnitine Revenue 2018-2023 ($ Millions)
    Figure 40. Americas L-carnitine Sales Market Share by Country in 2022
    Figure 41. Americas L-carnitine Revenue Market Share by Country in 2022
    Figure 42. Americas L-carnitine Sales Market Share by Grade (2018-2023)
    Figure 43. Americas L-carnitine Sales Market Share by Application (2018-2023)
    Figure 44. United States L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Canada L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Mexico L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Brazil L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 48. APAC L-carnitine Sales Market Share by Region in 2022
    Figure 49. APAC L-carnitine Revenue Market Share by Regions in 2022
    Figure 50. APAC L-carnitine Sales Market Share by Grade (2018-2023)
    Figure 51. APAC L-carnitine Sales Market Share by Application (2018-2023)
    Figure 52. China L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Japan L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 54. South Korea L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Southeast Asia L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 56. India L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Australia L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 58. China Taiwan L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Europe L-carnitine Sales Market Share by Country in 2022
    Figure 60. Europe L-carnitine Revenue Market Share by Country in 2022
    Figure 61. Europe L-carnitine Sales Market Share by Grade (2018-2023)
    Figure 62. Europe L-carnitine Sales Market Share by Application (2018-2023)
    Figure 63. Germany L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 64. France L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 65. UK L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Italy L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Russia L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Middle East & Africa L-carnitine Sales Market Share by Country in 2022
    Figure 69. Middle East & Africa L-carnitine Revenue Market Share by Country in 2022
    Figure 70. Middle East & Africa L-carnitine Sales Market Share by Grade (2018-2023)
    Figure 71. Middle East & Africa L-carnitine Sales Market Share by Application (2018-2023)
    Figure 72. Egypt L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 73. South Africa L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Israel L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Turkey L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 76. GCC Country L-carnitine Revenue Growth 2018-2023 ($ Millions)
    Figure 77. Manufacturing Cost Structure Analysis of L-carnitine in 2022
    Figure 78. Manufacturing Process Analysis of L-carnitine
    Figure 79. Industry Chain Structure of L-carnitine
    Figure 80. Channels of Distribution
    Figure 81. Global L-carnitine Sales Market Forecast by Region (2024-2029)
    Figure 82. Global L-carnitine Revenue Market Share Forecast by Region (2024-2029)
    Figure 83. Global L-carnitine Sales Market Share Forecast by Grade (2024-2029)
    Figure 84. Global L-carnitine Revenue Market Share Forecast by Grade (2024-2029)
    Figure 85. Global L-carnitine Sales Market Share Forecast by Application (2024-2029)
    Figure 86. Global L-carnitine Revenue Market Share Forecast by Application (2024-2029)

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

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape