China L-Carnosine Market Sluggish Growth Rate Foreseen by 2023-2030

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.

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.

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Market Coverage

  • Market number available for – 2023-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

China L-Carnosine Market Segmentation

By Application

  • Autism
  • Diabetes
  • Skin Support
  • Cardiovascular Support
  • Joint Support
  • Others

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Company Profiles

  • Bachem AG
  • Desheng International Industry Co., Ltd
  • Fengchen Group Co.,Ltd.
  • Foodchem International Corp.
  • Hubei Vanz Pharm Co., Ltd.
  • Kirkman Group, Inc.
  • Shaanxi Shineherb Biotech Co., Ltd.
  • Suzhou Fushilai Pharmaceutical Co., Ltd.
  • Wuhan W&Z Biotech Co., Ltd.
  • Zhejiang Aiyi tech Co., Ltd.

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