Feed Grade L-Carnitine Market 2019-2025 with Strategic Trends Growth, Revenue
Los Angeles, CA -- (SBWire) -- 02/09/2019 --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 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. In 2017, Lonza held 63.49% market share.
The global Feed Grade L-Carnitine market is valued at 34 million US$ in 2018 is expected to reach 50 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2019-2025.
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This report focuses on Feed Grade L-Carnitine volume and value at global level, regional level and company level. From a global perspective, this report represents overall Feed Grade L-Carnitine market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Lonza
Liaoning Koncepnutra
HuangGang HuaYang Pharmaceutical
Northeast Pharmaceutical
Kaiyuan Hengtai Chemical
Chengda Pharmaceuticals
Xinxiang Kangjian Chemical
Kangxin Chemical
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Fermentation Method
Chemical Synthesis Method
Segment by Application
Dry Feed Formulations
Liquid/Wet Formulations
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