U.S. L-carnitine Market Size & Outlook, 2020-2028

The l-carnitine market in the United States is expected to reach a projected revenue of US$ 86.1 million by 2028. A compound annual growth rate of 5.4% is expected of the United States l-carnitine market from 2021 to 2028.
Revenue, 2020 (US$M)
$56.7
Forecast, 2028 (US$M)
$86.1
CAGR, 2021 - 2028
5.4%
Report Coverage
U.S.

U.S. l-carnitine market highlights

  • The U.S. l-carnitine market generated a revenue of USD 56.7 million in 2020 and is expected to reach USD 86.1 million by 2028.
  • The U.S. market is expected to grow at a CAGR of 5.4% from 2021 to 2028.
  • In terms of segment, bioprocess was the largest revenue generating process in 2020.
  • Bioprocess is the most lucrative process segment registering the fastest growth during the forecast period.


L-carnitine market data book summary

Market revenue in 2020USD 56.7 million
Market revenue in 2028USD 86.1 million
Growth rate5.4% (CAGR from 2020 to 2028)
Largest segmentBioprocess
Fastest growing segmentBioprocess
Historical data2017 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationChemical Synthesis, Bioprocess
Key market players worldwideLonza Group Ltd, Neogen Corp, WuXi Biologics (Cayman) Inc, Merck KGaA, Tokyo Chemical Industry, CEVA Inc


Other key industry trends

  • In terms of revenue, U.S. accounted for 30.6% of the global l-carnitine market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. l-carnitine market is projected to lead the regional market in terms of revenue in 2028.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 86.1 million by 2028.

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L-carnitine Market Companies

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U.S. l-carnitine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to l-carnitine market will help companies and investors design strategic landscapes.


Bioprocess was the largest segment with a revenue share of 76.37% in 2020. Horizon Databook has segmented the U.S. l-carnitine market based on chemical synthesis, bioprocess covering the revenue growth of each sub-segment from 2017 to 2028.


The U.S. exhibits high prevalence of obesity in its population. As per data published by the U.S. Department of Health & Human Services, obesity is quoted to be one of the costliest and serious health issues. In 2017–2018, around 42.2% of the entire U.S. population was obese, which has increased by more than 11% from the year 2000.

Obesity has also been associated with serious heart conditions, strokes, type 2 diabetes, and is considered one of the leading causes of premature deaths.

The use of L-carnitine is expected to increase as it has positive impact on the lipid metabolism, such as decreasing HDL and FFA concentrations, as per a research paper named “The effect of L-carnitine on lipid metabolism in patients with obesity” on Elsevier Inc. L-carnitine is also preferred due to its other benefits including enhanced bone mass, muscle gain, and immunity. Increasing utilization of L-carnitine in nutraceutical products and medicines due to a number of benefits is likely to propel its market growth over the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. l-carnitine market , including forecasts for subscribers. This country databook contains high-level insights into U.S. l-carnitine market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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U.S. l carnitine market size, by process, 2017-2028 (US$M)

U.S. L-carnitine Market Outlook Share, 2020 & 2028 (US$M)

U.S. l carnitine market size, by process, 2017-2028 (US$M)

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