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L-carnitine market is a kind of an amino acid which is usually produced in the body and its main function is to help the body so they can convert fat & energy.Some of the other factors such as rising awareness about the advantages of l-carnitine, increasing usage in animal feed, growing demand for preventive healthcare, increasing obesity related complications and advancement in manufacturing techniques will drive the l-carnitine market growth in the forecast period of 2020 to 2027.Risk associated with the side effects of the l-carnitine and fluctuation in the cost of the raw material will be hampering the market growth in the mentioned forecast period.L-carnitine market is expected to reach USD 257.59 million by 2027 growing at a growth rate of 4.85% in the forecast period 2020 to 2027.A competitor analysis study is a fundamental aspect of any market research report which considers the strong and weak points of the competitors and also analyses their strategies with respect to product and market.L-Carnitine Market research report lends a hand to business with intelligent decision making and better manages marketing of goods which results into growth in the business.See the COVID-19 Significant Impact and Post Opportunities | Download Sample Report Drivers and Restraints:On the basis of process, the l-carnitine market is segmented into chemical synthesis and bioprocess.The product segment of the l-carnitine market is divided into food & pharmaceutical grade and feed grade.Based on application, the l-carnitine market is segmented into animal feed, healthcare products, functional drinks and medicines.The end-users segment of the l-carnitine market is segmented into fat loss, improved heart conditions, kidney treatment, boosting immunity, improving male infertility, brain function and bone mass.On the basis of distribution channel, the l-carnitine market is segmented into online and offline.The major players covered in the L-Carnitine Market The major players covered in the l-carnitine report are Huanggang Huayang Pharmaceutical Co., Ltd., ChengDa PharmaCeuticals Co.,Ltd., Kaiyuan Hengtai Chemical Co., Ltd., TCI Chemicals (India) Pvt.Ltd., Merck KGaA, Cayman Chemical, Northeast Pharmaceutical Group Co.,Ltd, Biosint S.p.A., Lonza, Chengda Pharmaceutical Industry Company Limited, Spectrum Chemical Manufacturing Corp, Viachem Limited, Avanscure Lifesciences Pvt.
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The global green tea market size is projected to reach USD 23.66 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period.Increasing research into the potential benefits of green tea in fighting the coronavirus is expected to open new avenues of expansion for this market, finds Fortune Business Insights™ in its report, titled “Green Tea Market Size, Share & Industry Analysis, Form (Tea Bags, Loose Leaves, Loose Powder, Ready-to-drink, and Capsules & Tablets), Flavor (Flavored and Unflavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail) and Regional Forecast, 2020 – 2027”.Similarly, the UPASI Tea Research Institute in Tamil Nadu has collaborated with the Tea Board of India to investigate the antiviral potential of Theaflavins-3, a compound commonly found in catechins in green tea, for controlling the coronavirus.Thus, a growing body of research exploring the possibility of fighting COVID-19 with green tea consumption will support the growth of this market.Get Sample PDF Brochure with Impact of COVID19: report states that the global market value was at USD 12.80 billion in 2019 and also provides the following:Holistic examination of the factors driving and constraining the market growth;Actionable insights into the individual market segments;Thorough profiling and study of key market players and their growth strategies; andExhaustive analysis of the regional dynamics influencing the market.Restraining FactorDamaging Effects of Climate Change on Tea Production to Hamper Market GrowthThe green tea market growth is expected to major hurdles created by the adverse effects of climate change and global warming.According to research conducted by Tufts University and the Montana State University in 2016, changing rainfall patterns across Northeast India and Southern China, two of the largest tea-producing regions in the world, are likely to decrease yields from tea farms.Moreover, green tea consumption in China is extremely high, which further favors the regional market growth.North America is generating attractive growth opportunities for market players owing to the rising awareness about the health advantages of green tea among consumers.
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