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PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 962318

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PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 962318

US L-Carnosine Market 2020-2026

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US L-Carnosine Market Size, Share & Trends Analysis Report, By Application (Autism, Diabetes, Skin Support, Cardiovascular Support, Joint Support, and Others) and Forecast, 2020-2026

US L-carnosine market is estimated to grow at a CAGR of around 6.0% during the forecast period. The factors that contribute to the market growth include a significant prevalence of Autistic Spectrum Disorders (ASD) and chronic diseases, such as diabetes and CVD. In addition, significant awareness regarding dietary supplements consumption in the country further gives a boost to the regional growth of the market. As per the Centers for Disease Control and Prevention (CDC), nearly 1 in 6 (17%) children under the age group of 3-17 years were diagnosed with a developmental disability in the US during 2009-2017. This comprised blindness, autism, cerebral palsy, attention-deficit/hyperactivity disorder, and more. This may increase the need for nutritional supplements for the treatment of ASD among children.

L-Carnosine is considered as the first dietary supplement that supports in improving cognitive and behavioral symptoms. Docosahexaenoic acid (DHA) improves learning and memory abilities. The research by Dr. Chez, a pediatric neurologist suggest that L-Carnosine may improve auditory processing, receptive language, socialization, and awareness of surroundings. Therefore, L-Carnosine is being recommended by doctors as a supplement for the treatment of ASD patients. It may augment neurological function or act as a neuroprotective peptide. It may support autistic children in a range of ways, primarily centering on the child's behavior, and language skills, and may enhance nervous system function. It also acts as a strong antioxidant and free radical scavenger.

The US 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. The skin support segment is estimated to contribute a prominent share in 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.

Some key players in operating the US L-carnosine market include 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 US 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::

Financial reports of companies involved in the market

Authentic public databases

Whitepapers, research-papers, and news blogs

Company websites and their product catalog

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:

US L-carnosine Market Research and Analysis by Application

The Report covers:

Comprehensive research methodology of the US L-carnosine market.

This report also includes a detailed and extensive market overview with key analyst insights.

Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the US L-carnosine market.

Insights about market determinants which are stimulating the US L-carnosine market.

Detailed and extensive market segments with regional distribution of forecast revenues.

Extensive profiles and recent developments of market players.

Product Code: OMR2022221

Table of Contents

1. Report Summary

  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments

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. US 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. Company Profiles

  • 6.1. Belle Chemical LLC
  • 6.2. Charkit Chemical Company LLC
  • 6.3. Jarrow Formulas, Inc.
  • 6.4. Kirkman Group, Inc.
  • 6.5. Klaire Labs
  • 6.6. Lalilab, Inc.
  • 6.7. NOW Foods, LLC
  • 6.8. NutraBio Labs, Inc.
  • 6.9. NutriVitaShop
  • 6.10. Source Naturals, Inc.
Product Code: OMR2022221




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