Market Overview:
The global chondroitin sulfate API market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for chondroitin sulfate API from the pharmaceutical and health products industries. Chondroitin sulfate API is used in a wide range of applications, such as pharmacy, health supplements, and food additives. North America dominates the global chondroitin sulfate API market due to the presence of key players in this region and rising demand for chondroitin sulfate API from various end-use industries.
Product Definition:
Chondroitin sulfate is a glycosaminoglycan, which is found in cartilage and other connective tissues. Chondroitin sulfate has been shown to be an effective treatment for osteoarthritis.
Food Grade:
Food grade is the purest form of chondroitin sulfate. It has no additives and chemicals added to it. The product is used in a variety of food products such as meat extracts, salad dressings, sauces and condiments among others.
Pharmaceutical Grade:
Pharmaceutical grade is used in the manufacturing of Chondroitin Sulfate API (CSA). It is a highly purified form of chondroitin sulfate, which has high demand from the pharmaceutical industry. The product finds application in various medicines for treating joint pain and arthritis.
The raw material used to manufacture pharmaceutical-grade includes animal cartilage and human bone meal, which are obtained from slaughterhouses or farms that practice vegetarianism.
Application Insights:
The global chondroitin sulfate API market is segmented on the basis of application into pharmacy, personal care and cosmetics, food products, health products and others. The food grade was estimated as the largest application segment in 2017. It is majorly used in frozen dairy desserts, ice creams and snacks owing to its ability to reduce inflammation.
Chondroitin sulfate has been approved by U.S FDA for use in manufacturing dietary supplements under the category of joint support nutritional supplements as it contains low levels of impurities which are considered harmful for human consumption according to standards set by United States Pharmacopeia (USP). These standards have been adopted globally due to safety regulations implemented by regulatory authorities such as FDA & USP around the world over recent years regarding quality control measures related to purity & composition of drugs/chemicals before they are sold into markets or consumed directly by consumers.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its position during the forecast years. This can be attributed to high product demand as a result of growing pharmaceutical industry coupled with rising health awareness among consumers. In addition, increasing prevalence of osteoarthritis and other joint diseases is anticipated to drive product demand in this region. China accounted for over 50% share of Asia Pacific chondroitin sulfate API market on account of large scale production coupled with high consumption as a dietary supplement or food additive.
North America accounted for over 20% share in 2017 owing to presence of major manufacturers such as Cargill Inc., Jain Irrigations & Synthetics, Inc., Roquette (Sodexo) and Kemin Industries Corporation along with significant number producers/importers who supply products from China via online portals such as Alibaba Group Holding Ltd or DX Company Limited dba E-commerce Web Portal (EWP). The U.
Growth Factors:
- Increasing demand from the pharmaceutical and nutraceutical industries for Chondroitin Sulfate API as a therapeutic agent for various indications such as osteoarthritis, rheumatoid arthritis, and chronic pain.
- Growing awareness about the benefits of Chondroitin Sulfate API among consumers due to increasing research studies on its efficacy in treating various joint disorders.
- Rising prevalence of joint disorders across all age groups due to changing lifestyles and increasing obesity rates worldwide.
- Technological advancements in the manufacturing of Chondroitin Sulfate API that improve its quality and purity, making it an attractive option for manufacturers and consumers alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chondroitin Sulfate API Market Research Report
By Type
Food Grade, Pharmaceutical Grade
By Application
Pharmacy, Health Products
By Companies
Shandong Dongcheng, TSI, Focus Chem, SANXIN GROUP, Yibao Group, Jiaixng Hengjie, Qingdao Green-Extract, IBSA, QJBCHINA, Nippon Zoki, GGI, Summit Nutritionals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Chondroitin Sulfate API Market Report Segments:
The global Chondroitin Sulfate API market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmacy, Health Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shandong Dongcheng
- TSI
- Focus Chem
- SANXIN GROUP
- Yibao Group
- Jiaixng Hengjie
- Qingdao Green-Extract
- IBSA
- QJBCHINA
- Nippon Zoki
- GGI
- Summit Nutritionals
Highlights of The Chondroitin Sulfate API Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- By Application:
- Pharmacy
- Health Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chondroitin Sulfate API Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chondroitin sulfate API is a natural product derived from the cartilage of marine animals. It is used as an additive in food and beverage products to improve texture, flavor, and stability.
Some of the major players in the chondroitin sulfate api market are Shandong Dongcheng, TSI, Focus Chem, SANXIN GROUP, Yibao Group, Jiaixng Hengjie, Qingdao Green-Extract, IBSA, QJBCHINA, Nippon Zoki, GGI, Summit Nutritionals.
The chondroitin sulfate api market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chondroitin Sulfate API Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chondroitin Sulfate API Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chondroitin Sulfate API Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chondroitin Sulfate API Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chondroitin Sulfate API Market Size & Forecast, 2020-2028
4.5.1 Chondroitin Sulfate API Market Size and Y-o-Y Growth
4.5.2 Chondroitin Sulfate API Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmacy
6.2.2 Health Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chondroitin Sulfate API Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chondroitin Sulfate API Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmacy
9.10.2 Health Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmacy
10.10.2 Health Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmacy
11.10.2 Health Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmacy
12.10.2 Health Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmacy
13.10.2 Health Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chondroitin Sulfate API Market: Competitive Dashboard
14.2 Global Chondroitin Sulfate API Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shandong Dongcheng
14.3.2 TSI
14.3.3 Focus Chem
14.3.4 SANXIN GROUP
14.3.5 Yibao Group
14.3.6 Jiaixng Hengjie
14.3.7 Qingdao Green-Extract
14.3.8 IBSA
14.3.9 QJBCHINA
14.3.10 Nippon Zoki
14.3.11 GGI
14.3.12 Summit Nutritionals
