The most commonly used chemical synthesis process for manufacturing L-Carnitine is chemical multistep racemization that generates a racemic mixture with D-carnitine as its byproduct. Chemical synthesis involves a two-step process. First being, the formation of hydroxyl-activated (S)-3- hydroxybutyrolactone (a methane sulfonate), followed by conversion of hydroxyl activated (S)-3- hydroxybutyrolactone to L-Carnitine by reaction with trimethylamine in water.
This report contains market size and forecasts of Chemical Synthesis L-carnitine in global, including the following market information:
Global Chemical Synthesis L-carnitine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Chemical Synthesis L-carnitine Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Chemical Synthesis L-carnitine companies in 2021 (%)
The global Chemical Synthesis L-carnitine market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Chemical Synthesis L-carnitine include Chengda Pharmaceutical, Maxsun Industries Incorporated, Alpsure Lifesciences Pvt. Ltd, HuangGangHuaYang Pharmaceutical, KaiyuanHengtai Nutrition, Lonza Group Ltd, Northeast Pharmaceutical, Cayman Chemical and MERCK KGaA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Chemical Synthesis L-carnitine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Chemical Synthesis L-carnitine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Chemical Synthesis L-carnitine Market Segment Percentages, by Type, 2021 (%)
Food Grade
Pharmaceutical Grade
Feed Grade
Global Chemical Synthesis L-carnitine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Chemical Synthesis L-carnitine Market Segment Percentages, by Application, 2021 (%)
Animal Feed
Healthcare Products
Functional Drinks
Medicines
Others
Global Chemical Synthesis L-carnitine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Chemical Synthesis L-carnitine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Chemical Synthesis L-carnitine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Chemical Synthesis L-carnitine revenues share in global market, 2021 (%)
Key companies Chemical Synthesis L-carnitine sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Chemical Synthesis L-carnitine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Chengda Pharmaceutical
Maxsun Industries Incorporated
Alpsure Lifesciences Pvt. Ltd
HuangGangHuaYang Pharmaceutical
KaiyuanHengtai Nutrition
Lonza Group Ltd
Northeast Pharmaceutical
Cayman Chemical
MERCK KGaA
Biosint S.p.A.
Koncepnutra
AIDP
Hongjing Chemical
KangXin Chemical
Kangjian Chemical