China L-carnosine market is estimated to grow at a CAGR of around 6% during the forecast period. China is one of the largest economies across the globe and is known for its significant economic growth, healthcare infrastructure, and technological advancement. Rising geriatric population base and increasing prevalence of chronic diseases are primarily contributing to the growth of the market. China has the highest number of adults (20-79) with diabetes across the globe. For instance, as per the International Diabetes Federation (IDF), in 2019, the number of adults with diabetes was 116.4 million in the country, which is expected to reach 140.5 million by 2030. L-carnosine is useful to prevent damage caused by too much sugar in the body. Therefore, growing diabetes patients encourages the demand for L-carnosine. 

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Additionally, there is a considerable presence of the aging population in the country. With the passing age, people experience various types of pain due to several health problems. There are several disorders linked with an aging body such as osteoarthritis (OA). This may increase the demand for L-carnosine in the country, as it supports joint health by encouraging healthy inflammation management.

China 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. Others segment 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. 

Some prominent players in the market include Foodchem International Corp., Kirkman Group, Inc., Desheng International Industry Co., Ltd., and Fenchen Group Co., Ltd. Foodchem International Corp. caters more than 5,000 customers all across the globe from various industry verticals including food & beverage, pharmaceutical, cosmetics, animal nutrition, and chemical industry. The company has an Export Distribution Center (EDC) in Shanghai Yangshan Free Trade Zone from which it can deliver products in 7 days. Besides, the company has seven warehouses in China's main port, and one bonded warehouse in Belgium and the US. In its food ingredient segment, the company offers L-carnosine. The company is the supplier and manufacturer of L-carnosine for more than years. Directly the company sells at least 5 kg of L-Carnosine and quantity less than that has to be bought from the local manufacturer.

Research Methodology

The market study of the China 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:

• China L-carnosine Market Research and Analysis by Application

The Report covers:

• Comprehensive research methodology of the China 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 China L-carnosine market.
• Insights about market determinants which are stimulating the China L-carnosine market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.