Europe L-Carnosine Market, Size, Share, Industry Report & Forecast to 2026


Posted June 18, 2021 by TanveerAhmed005

Europe L-carnosine market is estimated to grow at a CAGR of around 4.3% during the forecast period. 
 
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. 
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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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Moreover, the report covers the country-level analysis of the Europe L-carnosine market. The economies covered in the report studied include UK, Germany, Italy, Spain, France, and the Rest of Europe. UK L-carnosine market is estimated to grow significantly during the forecast period. The growth is attributed to the increasing incidence and prevalence rate of chronic diseases, such as CVDs (cardiovascular diseases) and diabetes. The prevalence of diabetes has changed significantly in the UK. It has increased from a year on year growth of 2.9% to 7.6% among men between the period 1994-2016, and 1.9% to 2.6% among women in the same period.
Market Segmentation
Europe L-carnosine Market by Application
Autism
Diabetes
Skin Support
Cardiovascular Support
Joint Support
Others
Regional Analysis
UK
Germany
France
Spain
Italy
Rest of Europe
Company Profiles
Bachem AG
Cambridge Bioscience Ltd.
Jarrow Formulas, Inc.
Kirkman Group, Inc.
Others
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Last Updated June 18, 2021