Synopsis
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.
Feed grade L-carnitine is mainly used in the animal nutrition. L-carnitine is an essential component in the energy metabolism of all species and can therefore offer a wide range of health benefits to all species.
The global Feed Grade L-Carnitine Market was valued at US$ 41 million in 2023 and is anticipated to reach US$ 55 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The feed grade industry is highly concentrated as Lonza dominate the market currently. Lonza is the largest feed grade L-Carnitine manufacturer globally with the most advanced technology. Lonza held 63% market share.
This report aims to provide a comprehensive presentation of the global market for Feed Grade L-Carnitine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Feed Grade L-Carnitine.
Report Scope
The Feed Grade L-Carnitine market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Feed Grade L-Carnitine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Feed Grade L-Carnitine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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Market Segmentation
By Company
- Lonza
- Liaoning Koncepnutra
- HuangGang HuaYang Pharmaceutical
- Northeast Pharmaceutical
- Kaiyuan Hengtai Chemical
- Chengda Pharmaceuticals
- Xinxiang Kangjian Chemical
- Kangxin Chemical
Segment by Type
- Fermentation Method
- Chemical Synthesis Method
Segment by Application
- Dry Feed Formulations
- Liquid/Wet Formulations
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Feed Grade L-Carnitine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Feed Grade L-Carnitine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Feed Grade L-Carnitine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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