Europe L-carnosine market is estimated to grow at a CAGR of around 4.3% during the forecast period. The market is driven by increasing diabetes, eye disorders (cataracts), and kidney-related disorders. There is a growing demand for L-carnosine for the prevention and treatment of complications associated with diabetes such as nerve damage, and eye disorders (cataracts). Therefore, the increasing prevalence of diabetes is one of the primary factors which is contributing to the growth of the market. According to IDF Europe, in 2018, more than 58 million diabetic people were living in Europe; this number is expected to reach 66.7 million by 2045. This trend suggests that the demand for L-carnosine in Europe will increase significantly in the near future.
Europe 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.
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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
Europe L-carnosine Market Segmentation
By Application
- Autism
- Diabetes
- Skin Support
- Cardiovascular Support
- Joint Support
- Others
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Regional Analysis
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- Bachem AG
- Cambridge Bioscience Ltd.
- Jarrow Formulas, Inc.
- Kirkman Group, Inc.
- Merck KGaA
- NOW Foods, LLC
- Quest Vitamins Ltd.
- ZeinPharma Germany GmbH
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