Lucintel Forecasts the Global Carnitine Supplement Market is expected to grow with a CAGR of 4.9% from 2024 to 2030
Lucintel Forecasts the Global Carnitine Supplement Market is expected to grow with a CAGR of 4.9% from 2024 to 2030
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According to a market report by Lucintel, the future of the global carnitine supplement market looks promising with opportunities in the men, women, and children markets. The global carnitine supplement market is expected to grow with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are increasing demand for weight management solutions among the working men and women population, rising rates of obesity, excess weight gain, and overweight, as well as, growing customer awareness of health issues and desire for an active, healthy lifestyle.
A more than 150-page report to understand trends, opportunity and forecast in carnitine supplement market to 2030 by flavor (berry, lemon/citrus, cherry, mango, pineapple, and others), form (capsule, liquid, powder, tablet, and others), end use (men, women, and children), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the flavor category, berry will remain the largest segment over the forecast period.
Within the end use category, men will remain the largest segment due to rising disposable income and a rise in the number of males participating in sports and fitness activities.
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In terms of regions, North America will remain the largest region over the forecast period due to the rise in the number of obese people and the beginning of diseases linked to a lifestyle as a result of increased disposable income.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the carnitine supplement market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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