Global Glucosamine Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global glucosamine market in its upcoming report titled, “Global Glucosamine Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global glucosamine market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glucosamine market report has been segmented on the basis of product, application, and region.
Glucosamine is a compound naturally found in cartilage of joints, made from chains of sugars and proteins bound together. Dietary supplements that contain glucosamine often contain additional ingredients. These additional ingredients are chondroitin sulfate, MSM, or shark cartilage.
Increasing demand for glucosamine in food & beverages including functional foods & beverages, dietary supplements, owing to its excellent health benefits is a major factor driving growth of the global dietary fibers market. Rising demand for glucosamine in pharmaceuticals industry to treat diabetes, joint pains, and blood pressure, and growing cases of arthritis globally are other important factors expected to support growth of the global glucosamine market over the forecast period.
High demand for glucosamine in dairy products and increasing prevalence of chronic diseases such as diabetes, cancers, owing to hectic lifestyle and increasing consumer spending on health products in developed and developing countries are other major factors further expected to boost demand of the global glucosamine market.
However, continuously increasing prices of glucosamine is a major factor hampering growth of the global glucosamine market. Availability of other substitutes in the market such as omega 3 fatty acids, collagens, and fish oils is another factor restraining growth of this market over the forecast period.
The market in North America is expected to dominate growth of the global glucosamine market and expected to account for major share in terms of revenue, owing to rising disposable income and high demand from pharmaceuticals industry in countries in the region. The market in Europe is expected to account for second-highest revenue share in the global glucosamine market, owing to increasing health awareness among consumers regarding health benefits of glucosamine and high demand for dietary supplements in countries in the region. The market in Europe is followed by market in Asia Pacific, Latin America, and Middle East & Africa.
Global glucosamine market segmentation:
Segmentation by products:
- Glucosamine hydrochloride
- N-acetyl glucosamine
- Glucosamine sulfate
Segmentation by application:
- Nutritional supplements
- Food & beverages
- Dairy products
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Mylan N.V.
- Teva Pharmaceutical Industries Ltd.
- Nutralife Health Products Inc.
- Blackmores Ltd.
- T.C. Union Group Ltd.
- Foodchem International Corporation
- Health World Ltd.
- Glanbia plc.
- NOW Health Group, Inc.
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!