L-carnitine tartrate Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028


L Carnitine Tartrate  Market
  • To Be Published : Nov-2020 |
  • Status : Work in progress |
  • Format : L Carnitine Tartrate  Market L Carnitine Tartrate  Market L Carnitine Tartrate  Market L Carnitine Tartrate  Market

Introduction:

L-carnitine tartrate compound is a stable form of carnitine compound.  which is not hygroscopic in nature and remain stable under humid conditions. L-carnitine tartrate is a white crystalline powder, having pleasant odor, an organic compound.  L-carnitine tartrate is easily soluble in water whereas insoluble in an organic solvents. L-carnitine tartrate has anti-inflammatory and an antioxidant properties. L-carnitine tartrate belongs to the group of conditional amino acid. Generally, L-carnitine tartrate is produced from two main sources, animal source such as fish, red meat, and poultry whereas plant sources like soybeans, etc.. Generally, L-carnitine tartrate is an active pharmaceutical ingredients (API) which comprised of 32% L-carnitine and 68% tartaric acid.

In pharmaceutical industry, L-carnitine compound cannot directly be used in a capsule owing to its hygroscopic nature that cause capsule shell to become wet and sticky when come in contact with air. Thereby, in most of drugs, the L-carnitine tartrate compound is used instead of L-carnitine. Along with this, L-carnitine tartrate is used in dairy food, fillers, and animal feed applications. Moreover, L-carnitine tartrate is used in tobacco industry as antifreeze moisturizer and flouring agents i.e. alternative of glycerin compound. Also, L-carnitine tartrate is used as ingredient in the cosmetic, agrochemicals and petroleum, among other industry.

Market Dynamics:

Globally, the L-carnitine tartrate market is driven by the increasing demand from several end-use industries such as pharmaceutical, nutraceuticals, cosmetics, and food, among others. The L-carnitine tartrate market growth is being buoyed by the low cost of raw materials and its availability i.e. L-carnitine. Across the globe, increasing demand for nutraceuticals and cosmetics products are key driving factor for the growth of the L-carnitine tartrate market. Furthermore, the availability of L-carnitine tartrate in various grades such as food and pharmaceutical grade also helps to drive demand for L-carnitine tartrate. Since, L-carnitine tartrate is a bio-based compound, its demand has significantly increased in Europe and North America where government regulations promote use of bio-based chemicals during the manufacturing of pharmaceutical products.  Apart from this, the changing climatic conditions may effect on the availability of plant resources which directly impact on L-carnitine tartrate production in the long run. Moreover, strong emphasized on the sustainable development have created opportunities for the growth of L-carnitine tartrates market.

Segmentation:

On the basis of raw materials, global L-carnitine tartrate market is bifurcated into;

  • Plants Sources
  • Animal Sources

On the basis of grade, global L-carnitine tartrate market is bifurcated into;

  • Food
  • Pharma
  • Technical

On the basis of application, global L-carnitine tartrate market is segmented into;

  • nutraceuticals
  • Pharmaceuticals
  • Food Additive
  • Tobacco
  • Cosmetics
  • Others

Regional Outlook:

In terms of demand, the Global L-carnitine tartrate market is mainly dominated by the Asia- Pacific (APAC). In APAC region, China, India and ASEAN countries such as Malaysia, Thailand and others are the major producers of L-carnitine tartrate owing to the large sources of raw materials. Moreover, growing nutraceuticals, pharmaceutical, food and cosmetics industry in APAC, especially in China and India, has resulted in increasing demand for L-carnitine tartrate and thereby, the APAC L-carnitine tartrate market is expected to register lucrative growth over the forecast period. Europe, followed by the North America, is the major consumer of L-carnitine tartrate after APAC. Government regulations in Europe support sustainability and stimulates bio-based chemicals use, which is why the demand for L-carnitine tartrate is expected to increase in the region and the L-carnitine tartrate market is projected to grow with a substantial CAGR over the forecast period.

Key Players:

Some of the key players indentified across the value chain of global L-carnitine tartrate market are listed below; 

  • Wuhan Xinyi Jiacheng Technology Co., Ltd.
  • Hubei Xinxin Jiali Biotechnology Co., Ltd.
  • Guangzhou Yangye Biotechnology Co., Ltd.
  • Shanghai Yucan Industrial Co., Ltd.
  • Intatrade Chemicals GmbH
  • Shanghai Minerui Chemical Technology Co., Ltd.
  • Hubei Hongjing Chemical Co., Ltd.
  • Wuhan Runze Weiye Technology Co., Ltd., among others

The research report presents a comprehensive assessment of the Artificial  food color market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. L-carnitine tartrate also contains projections using a suitable set of assumptions and methodologies. The L-carnitine tartrate report provides analysis and information according to market segments such as geographies, application, and industry.

The L-carnitine tartrate report covers exhaust analysis on:

  • Market Segments of L-carnitine tartrate
  • Market Dynamics of L-carnitine tartrate
  • Market Size of L-carnitine tartrate
  • Supply & Demand of L-carnitine tartrate
  • Current Trends/Issues/Challenges of L-carnitine tartrate
  • Competition & Companies involved of L-carnitine tartrate
  • Technology of L-carnitine tartrate
  • Value Chain of L-carnitine tartrate

L-carnitine tartrate Market Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The L-carnitine tartrate report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with rotary dryer market attractiveness as per segments. The L-carnitine tartrate report also maps the qualitative impact of various market factors on market segments and geographies.

L-carnitine tartrate Report Highlights:

  • Detailed overview of L-carnitine tartrate parent market
  • Changing L-carnitine tartrate market dynamics in the industry
  • In-depth L-carnitine tartrate market segmentation
  • Historical, current, and projected L-carnitine tartrate market size in terms of volume and value
  • Recent industry trends and developments pertaining to L-carnitine tartrate market
  • Competitive landscape of L-carnitine tartrate market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising L-carnitine tartrate growth
  • A neutral perspective on L-carnitine tartrate market performance
  • Must-have information for L-carnitine tartrate market players to sustain and enhance their market footprint

L Carnitine Tartrate Market

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