Glucosamine
Glucosamine is a naturally occurring compound within the cartilage of joints, it is made from chains of sugars and proteins bound together. Glucosamine is derived from shellfish that has been found to provide relief from minor pain. This naturally derived compound helps in the formation of cartilage and synovial fluid which helps in maintaining joint health. Glucosamine is primarily used to ease symptoms of osteoarthritis; it can be taken by natural food supplements such as bone broth or glucosamine supplements available in the market in numerous formulations. Apart from its therapeutic use glucosamine is also used in cosmetic products, as it supports the formation of connective tissue and helps increase moisture and promotes exfoliation and hydration. These fundamental properties of glucosamine have encouraged the manufacturers to introduce new products and thus leading to the overall growth of glucosamine market.
Market trend Snapshot
Global Glucosamine market was valued at 1,246 million USD in 2019 and anticipated to reach 2,976 million USD by 2026, growing at a CAGR of 13.25%. This report provides comprehensive and in-depth analysis and prediction of the Glucosamine industry. The Glucosamine market is primely attributed to growing geriatric population. Furthermore, the increasing vegan population and prevalence of shellfish allergies are expected to drive demand for internal substitutes such as vegetarian glucosamine. Besides, an increasing number of arthritis cases globally coupled with the rising obese population is expected to propel product demand over the forecast period.
From Base year 2018 to forecast year 2026
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Key Market Players Profile
Key market players covered in the report such as CELLMARK, Cargill, AMPIL, Koyo Chemical, Pharma Base, MAHTANI CHITOSAN, Panvo Organics, Bio-gen Extracts, Wanbury, Wellable Marine Biotech, Zhejiang Aoxing, Zhejiang Golden-Shell, Yangzhou Rixing Bio-Tech, Taizhou Fengrun, Zhejiang Freemen Shinfuda, PXPC, Zhejiang Condorly, Nanjing Health Herb Bio-Tech, Jiaixng Hengjie Biopharmaceutical, Yantai Dongcheng, Nantong Marin Biological Pharmaceutic, Zhejiang Chengyi, and Qingdao Yunzhou Biochemistry. These players’ market share, revenue, company profile, and SWOT analysis are covered in the Glucosamine report. In the future, production and consumption are estimated to continue developing with a stable growth rate. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
North America holds the largest Glucosamine market share
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, fashion trends, and economic development in these countries are also taken into consideration.
North America holds the largest market share of 35.63% and expected to maintain dominance during the forecast period. The US is the largest market in this region. Growing dietary supplements consumption on account of the rising prevalence of arthritis among consumers coupled with the growing geriatric population is expected to fuel product demand over the forecast period. Europe was the second largest market with a share of 32.21% and expected to witness significant growth during the predicted years. Government support and high R&D investments related to the product are expected to play a major role in industry growth over the next seven years. The product has been widely accepted for the treatment of osteoarthritis in Europe which will positively impact industry growth over the forecast period.
Glucosamine Type and Application Sketch
By type
By application
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Glucosamine Report provides
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Glucosamine Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Glucosamine Market by Types
4 Segmentation of Glucosamine Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Glucosamine Market in Major Countries
7 North America Glucosamine Landscape Analysis
8 Europe Glucosamine Landscape Analysis
9 Asia Pacific Glucosamine Landscape Analysis
10 Latin America, Middle East & Africa Glucosamine Landscape Analysis
11 Major Players Profile
11.1 CELLMARK
11.1.1 CELLMARK Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Cargill
11.3 AMPIL
11.4 Koyo Chemical
11.5 Pharma Base
11.6 MAHTANI CHITOSAN
11.7 Panvo Organics
11.8 Bio-gen Extracts
11.9 Wanbury
11.10 Wellable Marine Biotech
11.11 Zhejiang Aoxing
11.12 Zhejiang Golden-Shell
11.13 Yangzhou Rixing Bio-Tech
11.14 Taizhou Fengrun
11.15 Zhejiang Freemen Shinfuda
11.16 PXPC
11.17 Zhejiang Condorly
11.18 Nanjing Health Herb Bio-Tech
11.19 Jiaixng Hengjie Biopharmaceutical
11.20 Yantai Dongcheng
…
Target Audience:
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