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L-Carnitine Market Increasing Demand, Growth Analysis and Future Outlook by 2031
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Diabetes is one of the major health issues all across the globe and it has reached alarming levels. As per the International Diabetes Foundation (IDF), around 463 million have diabetes globally in 2019. The global prevalence of diabetes is projected to augment to 578 million by 2030, and 700 million by 2045. Moreover, around two-thirds of people having diabetes live in urban areas. It was expected that there were around four million mortalities in the age range of 20-79 years in 2019 due to diabetes all across the globe. In addition to this, more than one million children and adolescents were living with type-1 diabetes in 2019.
A large number of people which is around 50% globally remain undiagnosed from diabetes. Several human and animal studies demonstrated the beneficial effect of taking L-carnitine supplementation. The L-carnitine improves body glucose utilization and controls the sugar level. Therefore, the rising incidence and prevalence of diabetes across the globe are anticipated to drive the growth of the global carnitine market. Apart from this, Depending on the indication, dietary supplements of L-carnitine at a dose rate of 20 to 500 mg/kg feed raise plasma L-carnitine levels in domestic and laboratory animals such as pigs, cow, dogs, birds and fish. Oral L-carnitine additives also increase the amount of L-carnitine in animal products such as eggs. The level of L-carnitine content in blood, liver and heart decreases significantly at birth.
The new-born and suckling piglets, therefore, require external L-carnitine which is normally derived from colostrum milk. In addition, the beneficial effects of L-carnitine supplementation during growing and finishing time were also observed in the growth and metabolic tests with pigs. Therefore, the poultry farmers are making use of L-carnitine supplements in the animal feed. The rising adoption of the L-carnitine in making the animal feed is anticipated to make a huge contribution towards the growth of the L-carnitine market across the globe.
Global L-Carnitine Market Segmentation
By Process Type
• Bioprocess
• Chemical Synthesis
By Product Type
• Food & Pharmaceutical Grade
• Feed Grade
By Application
• Animal Feed
• Healthcare Products
• Functional Drinks
• Others
A full report of L-Carnitine Market is available at: https://www.omrglobal.com/industry-reports/l-carnitine-market
L-Carnitine Market- Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• AIDP, Inc.
• Biosint S.p.A.
• Carbosynth, Ltd.
• Cayman Chemical
• Ceva Santé Animale S.A.
• Chengda Pharmaceuticals Co. Ltd.
• Huanggang Huayang Pharmaceutical Co. Ltd.
• Hubei Yuancheng Technology Co. Ltd.
• Kaiyuan Hengtai Chemical Co., Ltd.
• Lonza Group, Ltd.
• Merck KGaA
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Company Name: Orion Market Research
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