North America L-carnosine market is estimated to grow at a CAGR of over 5.7% during the forecast period. Increasing incidence and prevalence of CVD, neurological disorders, and diabetes are some of the major factors contributing to the growth of the market. CVD is the leading cause of mortality in the US. According to the American Heart Association’s 2018 Heart Disease and Stroke Statistics, CVD accounted for around 836,546 mortalities in the US. Among Americans, an average one person dies from CVD, every 40 seconds. A large number of CVD patients present in the region is expected to increase the adoption of dietary supplements, including L-Carnosine, as it manages the condition through its anti-inflammatory, antiglycation, antioxidative and chelating effects.
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The North America L-carnosine market is segmented on the basis of application and geography. Based on the application, the market is segmented into autism, diabetes support, skin support, CVD support, joint support, and others, which include digestion support, Parkinson’s disease, and Alzheimer’s disease. In 2019, the skin support segment is projected to contribute a significant share to the global market. The major benefits of L-carnosine based products for skincare include the protection of skin from UV rays of sunlight, repairing of sunburn, wound healing support, proper moisturization & hydration, and restoration of barrier function.
Further, the report covers the analysis of various players operating in the market. Some of the major players covered in the report include Atrium Innovations, Inc. (Douglas Laboratories), Kirkman Group, Inc., Charkit Chemical Company LLC, and Klaire Labs. These market players are adopting strategies including mergers and acquisitions, product launches, and partnerships and collaborations, to gain a competitive advantage. For instance, in July 2019, Charkit Chemical Company LLC acquired Custom Ingredients, a manufacturer of specialty ingredients, and CA Specialties in the personal care market. The acquisition aimed to increase access to the market.
Research Methodology
The market study of the North America L-carnosine market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.
Secondary Sources Include:
The report is intended for the pharmaceutical companies, healthcare industry, research institutes, academic institutes, dietary supplement companies, investing companies, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
The Report covers:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Country
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints/Challenges
4.3. Opportunities
5. Market Segmentation
5.1. North America L-carnosine Market by Application
5.1.1. Autism
5.1.2. Diabetes
5.1.3. Skin Support
5.1.4. Cardiovascular Support
5.1.5. Joint Support
5.1.6. Others
6. Regional Analysis
6.1. United States
6.2. Canada
7. Company Profiles
7.1. Advanced Orthomolecular Research (AOR) Inc.
7.2. Atrium Innovations Inc. (Douglas Laboratories)
7.3. Bachem Group
7.4. Belle Chemical LLC
7.5. Charkit Chemical Company LLC
7.6. Foodchem International Corp.
7.7. Jarrow Formulas, Inc.
7.8. Kirkman Group, Inc.
7.9. Klaire Labs
7.10. Lalilab, Inc.
7.11. Natural Factors Nutritional Products Ltd.
7.12. NOW Foods, LLC
7.13. NutraBio Labs, Inc.
7.14. NutriVitaShop
7.15. Source Naturals, Inc.
1. NORTH AMERICA L-CARNOSINE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
2. NORTH AMERICA L-CARNOSINE FOR AUTISM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
3. NORTH AMERICA L-CARNOSINE FOR DIABETES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
4. NORTH AMERICA L-CARNOSINE FOR SKIN SUPPORT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
5. NORTH AMERICA L-CARNOSINE FOR CARDIOVASCULAR SUPPORT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
6. NORTH AMERICA L-CARNOSINE FOR JOINT SUPPORT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
7. NORTH AMERICA L-CARNOSINE FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
8. NORTH AMERICA L-CARNOSINE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
1. NORTH AMERICA L-CARNOSINE MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
2. NORTH AMERICA L-CARNOSINE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
3. US L-CARNOSINE MARKET SIZE, 2019-2026 ($ MILLION)
4. CANADA L-CARNOSINE MARKET SIZE, 2019-2026 ($ MILLION)