L-Carnitine Market
Global L-Carnitine Market – Industry Trends and Forecast to 2029
The factors such as increasing number of l-carnitine supplements and growing demand for preventive healthcare are the major factors fostering the growth of the L-carnitine market. Additionally, the rising awareness about the advantages of l-carnitine, increasing usage in animal feed, increasing obesity related complications and advancement in manufacturing techniques are other important factors acting as L-carnitine market growth determinants. Moreover, it reduces the danger of skeletal degeneration, which is frequent among the elderly which is estimated to accelerate the overall growth of the market. However, its high cost, fluctuation in the cost of the raw material coupled with cheap prices of substitutes might hinder overall growth of the market.
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