According to the carnitine supplements market analysis, the market is segmented on the basis of flavor, form, end user, distribution channel, and region.

PORTLAND, OR, US, October 30, 2023 /EINPresswire.com/ — Carnitine Supplements Market by Flavor (Berry, Lemon/Citrus, Cherry, Mango, Pineapple, Others), by Form (Capsule, Liquid, Powder, Tablet, Others), by End User (Men, Women, Children), by Distribution Channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031″. According to the report, the global carnitine supplements industry generated $194.5 million in 2021, and is anticipated to generate $316.5 million by 2031, witnessing a CAGR of 5.1% from 2022 to 2031.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐭: https://www.alliedmarketresearch.com/request-sample/32073

Carnitine supplements helps in metabolism that transforms the fatty acids into energy in mammals. It is anticipated that the global carnitine supplements market would be driven by the increased prevalence of excessive weight gain and obesity. The major factors anticipated to support the growth of the carnitine supplement market in the upcoming years include rising consumer health consciousness, increasing concerns among young people about their aesthetic appearances, growing consumer desire for a healthy and active lifestyle, and rising consumer expenditure towards health and wellness products and services.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Lonza,
Northeast Pharmaceutical Group Co., Ltd.,
Healthline Media, Inc.,
Glanbia PLC,
Now foods,
Ceva Sante Animale,
Eat Me Supplements,
eSupplements,
1 Up Nutrition,
Designs for Health, Inc.,
Scorpion Supplements,
GNC Holdings, LLC,
aSquared Brands, LLC,
Allmax Nutrition, Inc.,
Advanced Orthomolecular Research

Based on flavor, the cherry segment is projected to manifest the highest CAGR of 5.9% from 2022 to 2031. The presence of eugenol, benzaldehyde, and linalool compounds has made cherry one of the popular flavors in carnitine supplements.

𝐁𝐮𝐲 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/checkout-final/289f59c81aaedd700fcc321d7e05a4b1

Additionally, the prevalence of diabetes, obesity, excessive weight gain, and other chronic diseases has increased at an alarming rate as a result of consumer behavior changes in dietary choices and sedentary lifestyles. Rise in consumer expenditure towards nutraceuticals in the past few years has significantly contributed to the market growth and this trend is expected to continue during the forecast period. Furthermore, the incidences of malnourishment among children is a major factor, which is expected to positively impact the global carnitine supplements market growth during the forecast period.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Based on region, North America held the highest market share in terms of revenue in 2021, accounting for nearly two-fifths of the global carnitine supplements market, and is likely to dominate the market during the forecast period, owing to a significant rise in the obese population and developing lifestyle-related ailment. However, the Asia-Pacific region is expected to witness the fastest CAGR of 5.7% from 2022 to 2031. The presence of a sizable young population, changing lifestyles, unhealthy eating habits, rising health consciousness, rising consumer spending on wellness products, and rising disposable income of consumers are the key factors that are significantly fueling the growth of the carnitine supplements market in the Asia-Pacific region.

Region-wise, North America dominated the global market in 2021. North America is witnessing a significant increase in the obese population and the onset of lifestyle-related illnesses as a result of rising disposable income, increasingly unhealthy diets, and access to a wide variety of processed and ready-to-eat foods. North America is the leading region in terms of obese population, globally. Carnitine supplements have grown in popularity in North America as more people are becoming aware of their benefits for preserving physical and overall health.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/32073

According to the carnitine supplements market trends, based on the form, the liquid segment was the largest segment in 2021. Liquid form of carnitine supplement is considered to be more efficient and quicker as it is easily absorbed in the human body. Moreover, it iseasy to consume and its availability as an over-the-counter product feature has led to the rapid growth of the liquid carnitine supplements segment in the past few years. Furthermore, the growing carnitine supplements market demand among the children is expected to boost the demand for the liquid form of supplements due to its easy ingestion quality.

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

The carnitine supplements market size was valued at $194.5 million in 2021, and is estimated to reach $316.5 million by 2031, growing at a CAGR of 5.1% during the forecast period.

By flavor, the cherry segment is estimated to witness the fastest growth, registering a CAGR of 5.9% during the forecast period.

In 2021, depending on the form, the liquid segment was valued at $79.9 million, accounting for 41.1% of the global carnitine supplements market share.

In 2021, the U.S. was the most prominent market in North America, and is projected to reach $80.7 million by 2031, growing at a CAGR of 4.3% during the forecast period.

𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗙𝗼𝗼𝗱 𝗮𝗻𝗱 𝗕𝗲𝘃𝗲𝗿𝗮𝗴𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

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