Carnitine Supplements Market Research Report – Segmented By Process (Chemical Synthesis, Bioprocess); By Product (Food & Pharma Grade, Feed Grade); By Application (Animal Feed, Healthcare Products, Functional Food & Beverages, Medicines); and Region - Size, Share, Growth Analysis | Forecast (2024 – 2030)

Global Market Size for Carnitine Supplements (2024 - 2030)

The Carnitine Supplementation Market globally attained a value of USD 167.01 Billion, with projections indicating a market size reaching USD 235.00 Billion by 2030. Forecasts spanning from 2024 to 2030 anticipate a Compound Annual Growth Rate (CAGR) of 5%.

Overview of Carnitine Supplementation Market

The surge in health consciousness among the elderly demographic, coupled with a burgeoning preference for proactive healthcare approaches, is poised to propel the global L-carnitine supplements market from 2024 to 2030. Notably, L-carnitine is recognized for its potential in enhancing post-exercise recovery in older adults, improving cognitive function, mitigating fatigue, and reducing the risk of musculoskeletal decline, prevalent among aging individuals. These supplements play a pivotal role in curtailing muscle degradation, promoting healthy aging, and preserving lean muscle mass, fostering substantial growth prospects for the worldwide L-carnitine supplements market in the forthcoming years.

Additionally, L-carnitine products serve as essential supplements for individuals with depleted natural L-carnitine levels, stemming from various factors including specific medical conditions such as skeletal myopathies, medication usage, and genetic anomalies. The ensuing demand for L-carnitine supplements is expected to surge in the ensuing years.

Rabie et al. observed that integrating L-carnitine-enriched meals, ranging from 20 to 60 mg/kg, bolstered the growth performance of broiler chickens. Similarly, supplementing L-carnitine in the diet alongside animal fat at 300 mg/kg elevated body weight gain, feed intake, and feed conversion ratio in broiler chickens. Moreover, the escalating consumption of functional foods is poised to propel the Global L-Carnitine Supplements Market forward. Nonetheless, potential product-related side effects and essential manufacturing procedures might impede market growth throughout the forecast period spanning from 2024 to 2030.

Impact of COVID-19 on the Industry

The onset of the COVID-19 pandemic in early 2020 precipitated profound disruptions across the global supply chain, retail distribution channels, and consumer behavior across diverse product categories and services worldwide. However, the demand for L-carnitine witnessed an upsurge during the pandemic, driven by heightened consumer inclination towards health and wellness products aimed at mitigating the risk of cardiovascular ailments.

Furthermore, researchers at the MRC Integrative Epidemiology Unit (IEU) at Bristol Medical School in the United Kingdom established the significant protective effects of L-carnitine and its derivatives, such as acetyl-carnitine, against severe COVID-19 manifestations. According to their findings, elevating carnitine levels in the bloodstream correlated with a 40% reduction in severe COVID-19 cases. Although the study was conducted on a limited sample size due to the cost and time constraints associated with large-scale randomized trials, the promising outcomes regarding L-carnitine's efficacy in severe COVID-19 cases are expected to fuel its demand within a truncated timeframe.

Market Drivers

Rising demand within the fitness sector is poised to propel market expansion.

L-carnitine stands as one of the most recommended supplements for fat loss within the fitness domain. Its ability to facilitate the utilization of long-chained fatty acids as the primary energy source aids individuals engaged in fitness regimens to preserve muscle mass while undergoing fat loss programs.

Enhanced trust in supplementation is anticipated to drive consumer demand.

With the enforcement of stringent regulations governing supplement markets across various nations, industry players are faced with the challenge of tailoring marketing strategies to align with individual country restrictions. In pursuit of a broader consumer base and expanded global presence, these entities prioritize adherence to standards and consumer expectations by segregating nutritional declarations and product components. Moreover, mergers and acquisitions have fostered a focus on diversifying product portfolios, thereby ensuring a consistent supply of high-quality raw materials.

Market Restraints

Usage of carnitine is associated with potential side effects.

Numerous studies have indicated that prolonged consumption of carnitine may lead to adverse effects such as nausea, vomiting, gastrointestinal discomfort, diarrhea, and heartburn. This poses a significant constraint on the market growth of carnitine supplementation.

Global Market for Carnitine Supplementation: Segmentation by Production Process

  • Chemical Synthesis
  • Bioprocess

As of 2020, the bioprocess segment emerged as the frontrunner in the market, capturing over 76.0% of the market share in terms of revenue. The surge in demand for L-carnitine on a commercial scale has spurred manufacturers to enhance their methodologies, aiming to amplify production yield. Bioprocesses leveraging microbes and enzymes inherently exhibit asymmetry and boast high output yields.

A prevalent method within bioprocesses for producing L-carnitine with optimal yield involves biotransformation of achiral precursors such as -butyrobetaine, crotonobetaine, and 3-dehydrocarnitine, or racemic combinations including D, L-carnitinamide, D, L-acyl carnitine, and D, L-carnitine. Bacteria such as Escherichia coli, Proteus mirabilis, Acinetobacterlwoffii, Bacillus, Penicillium, and Rhizopus are commonly employed in these processes.

Concurrently, the chemical synthesis approach is gradually gaining momentum due to its capability to generate L-carnitine on an industrial scale. Various chemical methodologies are available for L-carnitine production, encompassing asymmetric synthesis, chemical multi-step racemization, enzymatic techniques, resolution via diastereomeric derivatives, and synthesis employing chiral materials. However, several of these processes entail multiple time-consuming phases, rendering them impractical for large-scale manufacturing.

Among the chemical synthesis procedures, chemical multistep racemization stands out as one of the most prevalent methods for L-carnitine production, yielding a racemic mixture of D-carnitine as a by-product. Typically, this process commences with raw materials like epichlorohydrin and trimethylamine, followed by fractioned crystallization to isolate the mixture.

Market Segmentation by Product

  • Food & Pharmaceutical Grade
  • Feed Grade

In 2020, the food and pharmaceutical grade category took the lead in the market, representing over 78.0% of total revenue. L-carnitine finds extensive usage in human consumption across various applications such as healthy aging, male fertility, infant nutrition, weight management, and post-exercise recovery.

Despite its natural occurrence in certain foods like meat, avocado, and beans, maintaining an adequate level of L-carnitine in the body necessitates supplementation based on factors such as age, diet, and other variables. The substance is administered through various channels, including oral intake via dietary supplements, pharmaceuticals, functional foods and beverages, as well as injections, playing a crucial role in aiding post-exertion recovery.

Feed grade L-carnitine serves as a prevalent component in animal medications and feed. It plays a vital role in animal energy metabolism, offering numerous benefits across diverse species, including weight management, and promoting optimal heart and liver function. Widely employed in the livestock sector, pet food manufacturing, and racing animal feed companies, feed grade L-carnitine is predominantly utilized in dry feeds and treats for cats and dogs. Furthermore, it serves as an antioxidant and aids in muscle rehabilitation for working dogs, primarily utilized in pet health supplements for mitigating risks associated with heart ailments, particularly dilated cardiomyopathy.

Market Segmentation by Application

  • Animal Feed
  • Healthcare Products
  • Functional Food & Beverages
  • Medicines

In 2020, healthcare products emerged as the dominant segment, accounting for more than 34.0% of total sales. L-carnitine finds extensive application across various healthcare products, including weight management and stamina supplements. With the dietary supplement market projected to reach USD 272.4 billion by 2028, driven by escalating obesity rates, heightened consumer awareness regarding personal health and wellness, evolving lifestyles, and increased disposable income, the rapid growth of the dietary supplement industry is anticipated to offer lucrative opportunities for manufacturers over the forecast period.

L-carnitine serves as a vital micronutrient crucial for the development of numerous animal species, encompassing poultry, swine, cattle, horses, and companion animals. Supplementation of dietary L-carnitine enhances the nutritional status of these animals by providing requisite dietary energy and protein.

In animal diets, L-carnitine supplementation fosters body weight gain, feed intake, and feed conversion in broiler chickens. Additionally, it promotes energy utilization and fatty acid metabolism, potentially enhancing live weight growth and feed conversion efficiency in chickens.

Globally, the health-conscious populace is gravitating towards functional beverages, steering away from carbonated drinks, as evidenced by the burgeoning introduction of functional beverages like kombucha, relaxation beverages, and botanical-infused drinks. Beverage manufacturers are capitalizing on shifting consumer preferences by introducing innovative beverages fortified with ingredients such as L-carnitine. For instance, LIFEAID Beverage Co. introduced a revamped version of its FOCUSAID beverage, incorporating L-carnitine as a functional ingredient, slated for release in March 2020. The integration of L-carnitine into the functional food and beverage industry is anticipated to propel product growth throughout the forecast period.

Market Segmentation by Geography & Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

North America spearheaded the L-carnitine market, commanding over 37.0% of sales in 2020. The region has witnessed a substantial upsurge in the health-conscious consumer base over the past decade, fostering remarkable growth within the functional food and beverage industry. L-carnitine, being a pivotal component in the treatment and prevention of various ailments, has garnered significant traction as a functional food and beverage ingredient. Enhanced energy levels, stamina, and other health benefits associated with L-carnitine consumption have redirected consumer preferences towards functional foods and beverages containing L-carnitine. The escalating preference for L-carnitine supplements among North American consumers is poised to propel market expansion during the forecast period.

Furthermore, L-carnitine supplements find utility in obesity management for weight control, with Mexico and the United States hosting the world's most obese populations, thereby driving the demand for weight-loss supplements in the region, expected to fuel market growth over the forecast period.

The European nutraceutical sector is anticipated to witness growth as consumers opt for supplements as a preventive measure against health ailments. Additionally, the preference for herbal products over pharmaceuticals due to the adverse effects of drugs is augmenting the adoption of nutraceuticals, fostering market expansion during the forecast period.

Companies in the Global Carnitine Supplementation Market

  1. Lonza
  2. Northeast Pharmaceutical Group Co., Ltd. (NEPG)
  3. BiosintS.p.A.
  4. Cayman Chemical
  5. Merck KGaA
  6. Tokyo Chemical Industry Co., Ltd.
  7. Ceva
  8. KaiyuanHengtai Nutrition Co., Ltd.
  9. ChengDa Pharmaceuticals Co., Ltd.
  10. HuanggangHuayang Pharmaceutical Co. Ltd.
  11. HuBeiYuanchengSaichuangTechnology Co., Ltd.

Recent Developments in the Global Carnitine Supplementation Market:

  • Product Launch: In 2022, Applied Nutrition, a UK-based sports nutrition firm, unveiled its latest L-Carnitine sports beverage, Carni-Tone. Representing the company's inaugural flavored spring water product, Carni-Tone expands its ready-to-drink (RTD) product portfolio. It also marks the company's first L-Carnitine RTD beverage, which underwent development since early the preceding year.

Product Launch: In 2019, iSatori, a subsidiary of FitLife Brands (OTC Pink: FTLF), introduced its L-Carnitine fat reduction liquid keto drink mix across 3,700 Walmart locations in the United States. L-carnitine, an amino acid facilitating the conversion of fat into fuel, is integral for energy production. iSatori's liquid L-Carnitine drink mix offers a delicious and nutritious avenue to aid fat conversion into energy, devoid of calories, stimulants, or gluten.

Chapter 1. GLOBAL CARNITINE SUPPLEMENTATION MARKET – Scope & Methodology

1.1. Market Segmentation

1.2. Assumptions

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2. GLOBAL CARNITINE SUPPLEMENTATION MARKET – Executive Summary

2.1. Market Size & Forecast – (2024 – 2030) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-19 Impact Analysis

      2.3.1. Impact during 2024 - 2030

      2.3.2. Impact on Supply – Demand

Chapter 3. GLOBAL CARNITINE SUPPLEMENTATION MARKET – Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4. GLOBAL CARNITINE SUPPLEMENTATION MARKET - Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3 Customer Analysis

4.4. Porter's Five Force Model

       4.4.1. Bargaining Power of Suppliers

       4.4.2. Bargaining Powers of Customers

       4.4.3. Threat of New Entrants

       4.4.4. Rivalry among Existing Players

       4.4.5. Threat of Substitutes

Chapter 5. GLOBAL CARNITINE SUPPLEMENTATION MARKET Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6. GLOBAL CARNITINE SUPPLEMENTATION MARKET – By  Process

6.1. Chemical Synthesis

6.2. Bioprocess

Chapter 7.  GLOBAL CARNITINE SUPPLEMENTATION MARKET – By Product

7.1. Food & Pharma Grade

7.2. Feed Grade

Chapter 8.  GLOBAL CARNITINE SUPPLEMENTATION MARKET – By Application

8.1. Animal Feed

8.2. Healthcare Products

8.3. Functional Food & Beverages

8.4. Medicines

Chapter 9.  GLOBAL CARNITINE SUPPLEMENTATION MARKET – By Region

9.1. North America

9.2. Europe

9.3. The Asia Pacific

9.4. Latin America

9.5. The Middle East and Africa

Chapter 10.  GLOBAL CARNITINE SUPPLEMENTATION MARKET – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

10.1. Lonza

10.2. Northeast Pharmaceutical Group Co., Ltd. (NEPG)

10.3. Biosint S.p.A.

10.4. Cayman Chemical

10.5. Merck KGaA

10.6. Tokyo Chemical Industry Co., Ltd.

10.7. Ceva

10.8. Kaiyuan Hengtai Nutrition Co., Ltd.

10.9. ChengDa PharmaCeuticals Co., Ltd.

10.10. Huanggang Huayang Pharmaceutical Co. Ltd.

10.11. HuBeiYuancheng SaichuangTechnology Co, .Ltd

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