L-Citrulline Market | Worldwide Industry Trends, Share, Size, Covid-19 Impact Analysis, Future Demand, Top Countries Data and Forecast 2027

 The Global L-citrulline Market is poised to touch a valuation of USD 40,213.9 million by 2023, as per the latest report by Market Research Future (MRFR). It was previously worth USD 28,097.9 million in 2017. L-citrulline is an organic compound derived from plants and animals which has gained widespread attention owing to its tremendous health benefits. It is the natural form of citrulline. Increasing use of L-citrulline as a nutritional supplement in the food & beverage industry is projected to drive market growth from 2018 to 2023 (forecast period). This is buttressed by the rising demand for energy drinks and healthy snacks in recent years. Rising consumer awareness amid the health-consciousness wave enveloping consumers are predicted to spike the market demand till 2023.

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The prevalence of diseases such as Alzheimer’s, dementia, erectile dysfunction, sickle cell syndrome, and others have caught the interest of drug manufacturers in the healthcare sector. The approval of the compound as an active pharmaceutical ingredient (API) by regulatory agencies is expected to further its demand over the forecast period. Changing lifestyles of consumers coupled with rising expendable income levels can boost the production of the organic compound.

The descent noticed in livestock production can impede the market growth. But the adoption of citrulline malate in cosmetics and personal care sectors can offer avenues for the L-citrulline market to expand in size.

Segmentation Analysis:

The L-citrulline market is segmented based on application. Major applications comprise food & beverages, cosmetics & personal care, agriculture/animal feed, and pharmaceuticals.

The food & beverages segment dominated the market in 2017 with a 36% share, followed by pharmaceuticals. It was valued at USD 10,608.8 million in the same year. It can enjoy 5.46% CAGR over the forecast period to touch a value of 13,906.8 million by 2023 and attain a demand of 374.2 tons in the same year. Demand for functional beverages can augment the market size dramatically till the end of the forecast period.

The pharmaceutical segment is touted to register the highest CAGR of 6.9% during the review period. This can be credited to the use of the compound as an API for manufacturing drugs. It can accumulate close to 369.6 tons in demand by 2023.

On the other hand, agriculture/animal feed can exhibit a 6.20% CAGR to reach a valuation of USD 9,546.5 million by 2023. While the cosmetics & personal care segment can accrue USD 2,925.8 million at 5.69% CAGR over the assessment period.

Regional Analysis:

The worldwide L-citrulline market covers the latest trends and opportunities across Latin America, North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The APAC region accounted for the largest market share in 2017, followed by North America, Europe, MEA, and Latin America. Emerging economies of Thailand, China, and India coupled with aware consumers are likely to spur the market demand in the region. It can touch USD 18,894.7 million by 2023 owing to changing dietary habits of consumers and the increased per capita income levels.

The North American L-citrulline market is predicted to exhibit 5.32% CAGR over the forecast period to reach a size of USD 8,320.7 million by 2023.  The high prevalence of obesity and cardiovascular diseases coupled with a well-established healthcare framework is likely to induce market demand till 2023. The U.S. and Canada are major contributors to this market.

The European region is led by Germany and the presence of established food & beverage manufacturers. Investments in cosmetics coupled with the expanding personal care sector can fuel the demand for L-citrulline in the forthcoming years.

The Latin American market is driven by the demand for the compound in drugs and the huge quench for functional beverages. It can exhibit a CAGR close to 6% to touch a size of USD 2,575.8 million by 2023. On the flip side, the MEA market can thrive owing to the booming food & beverage, cosmetics, and personal care industries. It is facilitated by the increased spending power of consumers and rapid urbanization.

Competitive Dashboard:

The market is highly competitive in nature with the entry of new players. The easy availability of feedstock and the huge demand by consumers is likely to favor them in the long run. This is exemplified by the establishment of a new production line by CJ CheilJedandg, a South Korean firm, in Indonesia to increase its reach as well as double its capacity of L-arginine and L-citrulline.

Prominent players operating in the L-citrulline market include Premium Ingredient Co., Ltd. (China), Newsfeed Chemical Co., Limited (China), Santo Jiahe Biotech (China), TCI Chemicals Private Limited (India), Ningbo Sinorigin Bio-Products Co., Ltd. (China), Merck KGaA (Germany), Kyowa Hakko Bio Co. Ltd. (Japan), Wuhan Soleado Technology Co., Ltd. (China), MH2 Biochemical Co., Ltd. (South Korea), and Nutra Green Biotechnology Co., Ltd. (U.K.).

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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