LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global L-Carnitine Category - Procurement Market Intelligence Report. The onset of undesirable side effects triggered by the consumption of high dosages of L-Carnitine is one of the key reasons behind this category’s decelerating spend growth momentum. The side effects include vomiting, muscle weakness in uremic patients, and seizures. Additionally, with the rising popularity of other dietary supplements such as vitamins and substitute products such as energy bars, the demand for L-Carnitine may decline over the next couple of years.
“Buyers should choose suppliers who implement GMP at their manufacturing facilities to meet quality standards of products,” says SpendEdge procurement expert Anil Seth. “Additionally, the buyers should ensure that the suppliers conduct regular monitoring and testing of the ingredients to ensure that those meet the quality criteria,” added Anil.
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The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the L-Carnitine market.
- Substitution of L-Carnitine owing to its side effects
- Demand for L-Carnitine in treating obesity-related diseases
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Report scope snapshot: L-Carnitine market
US market insights
- Overview of best practices in the US
- Procurement best practices in the US
- US supply market overview
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- Supplier selection criteria
- Service level agreement
- Supplier evaluation metrics
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Category pricing insights
- Total cost of ownership analysis
- Overview of pricing models
- Comparison of pricing models
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