The Glucosamine Market Size was esteemed at USD 0.83 billion out of 2022 and is supposed to arrive at USD 1.15 billion by 2030, and develop at a CAGR of 4.2% over the forecast period 2023-2030.
Glucosamine is an amino sugar and perhaps of the most usually delivered mono-saccharide artificially by the hydrolysis of shellfish exoskeleton or maturation interaction of grains like wheat and corn. There are different restorative purposes of manufactured glucosamine. For example, oral glucosamine is utilized as a dietary enhancement for different ailments like joint torment and joint inflammation. Most regularly showcased planning of glucosamine incorporate glucosamine sulfate, glucosamine chondroitin, glucosamine hydrochloride, and N-acetylglucosamine. Glucosamine is normally utilized with chondroitin for the treatment of suggestive osteoarthritis of the knee in people.
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Thus, these enhancements are significantly taken by individuals with bone and joint torment as well as individuals experiencing temporomandibular joint (TMJ) jumble. Moreover, glucosamine supplements are likewise utilized in surface-level items as it supports the development of connective tissue and advance shedding (expulsion of dead skin) and hydration.
The development of the geriatric populace and issues connected with bone and joints, for example, osteoarthritis and joint inflammation significantly drive the development of this market. Likewise, the expansion deprived of glucosamine supplements for advancing sound development of skin and hair additionally energizes the market development. Further, less mindfulness among individuals in regards to the advantages of glucosamine supplements as well as the presence of many substitutes like omega 3 unsaturated fats, collagens, and fish oils combined with homegrown fixings is supposed to confine the development of the glucosamine supplements market.
Driving Factors:
Expanding utilization of glucosamine in pet food.
The development in the geriatric populace and issues connected with bone.
Restraining Factors:
Less mindfulness among individuals concerning the advantages of glucosamine supplements.
Opportunities:
The expansion in the requirement for glucosamine supplements for advancing the sound development of skin and hair.
Joints like osteoarthritis and joint pain.
Challenges:
Presence of many substitutes like omega 3 unsaturated fats, collagens, and fish oils combined with natural fixings.
By Product Type:
Among Product types, the powder fragment is assessed to hold a significant piece of the pie in the worldwide glucosamine market during the gauge time frame attributable to the send-off of glucosamine items demonstrated for the treatment of sicknesses like rheumatoid joint pain.
By Application:
Among applications, the rheumatoid joint pain section is assessed to hold a significant piece of the pie in the worldwide glucosamine market during the estimated time frame, attributable to expanding pervasiveness of rheumatoid joint pain universally.
By Product Type:
Powder
Tablets
Capsules
Liquid
By Application:
Rheumatoid Arthritis
Asthma
Inflammatory Bowel Disease
Others
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
North America rules the glucosamine market because of the presence of significant vital participants, nonstop mechanical turn of events, advanced medical care area, expanding commonness of illness, and expanding mindfulness towards wellbeing around here. The worldwide glucosamine market in the Asia-Pacific and Europe is supposed to develop during the figure time frame because of the rising innovative work exercises, developing business sectors, rising interest in the medical care area, and developing government support.
Bio-gen Extracts Private Limited, Panvo Organics Pvt Ltd, Pharma Base S.A., CAPTEK Softgel International Inc., TSI GROUP LTD, Cargill, Incorporated, CELLMARK AB., Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC), Andra Medi Pharma Pvt. Ltd, Jiaxing Hengjie Biopharmaceutical Co., Ltd.
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 0.83 Billion |
Market Size by 2030 | US$ 1.15 Billion |
CAGR | CAGR of 4.2% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product Type (Powder, Tablets, Capsules, Liquid) • By Application (Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Bio-gen Extracts Private Limited, Panvo Organics Pvt Ltd, Pharma Base S.A., CAPTEK Softgel International Inc., TSI GROUP LTD, Cargill, Incorporated, CELLMARK AB., Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC), Andra Medi Pharma Pvt. Ltd, Jiaxing Hengjie Biopharmaceutical Co., Ltd. |
Driving Factors | • Expanding utilization of glucosamine in pet food. • The development in the geriatric populace and issues connected with bone. |
Restraints | • Less mindfulness among individuals concerning the advantages of glucosamine supplements. |
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The base year calculated in the Glucosamine Market report is 2021.
Ans: Bio-gen Extracts Private Limited, Panvo Organics Pvt Ltd, Pharma Base S.A., CAPTEK Softgel International Inc., TSI GROUP LTD, Cargill, Incorporated, CELLMARK AB., Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC), Andra Medi Pharma Pvt. Ltd, Jiaxing Hengjie Biopharmaceutical Co., Ltd.
Ans: Less mindfulness among individuals concerning the advantages of glucosamine supplements and Presence of many substitutes like omega 3 unsaturated fats, collagens, and fish oils combined with natural fixings are the restrains/challenges faced by the Glucosamine market.
Ans: The Global Glucosamine Market Size is supposed to arrive at USD 1.11 billion by 2028, and develop at a CAGR of 4.2% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Glucosamine Market segmentation, By Product Type:
8.1 Powder
8.2 Tablets
8.3 Capsules
8.4 Liquid
9. Global Glucosamine Market segmentation, By Application:
9.1 Rheumatoid Arthritis
9.2 Asthma
9.3 Inflammatory Bowel Disease
9.4 Others
10. Global Glucosamine Market, by region/ country
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company profiles
11.1 Bio-gen Extracts Private Limited
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.2 Panvo Organics Pvt Ltd
11.3 Pharma Base S.A.
11.4 CAPTEK Softgel International Inc.
11.5 TSI GROUP LTD
11.6 Cargill, Incorporated
11.7 CELLMARK AB.
11.8 Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC)
11.9 Andra Medi Pharma Pvt. Ltd
11.10 Jiaxing Hengjie Biopharmaceutical Co., Ltd.
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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