Market Overview:
The global glucosamine sulfate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food additives and pharmaceuticals. Glucosamine sulfate is used as an additive in food products and as a therapeutic agent in the treatment of various diseases such as osteoarthritis, rheumatoid arthritis, and psoriatic arthritis. North America dominates the global glucosamine sulfate market, followed by Europe and Asia Pacific. The growth in these regions can be attributed to the increasing demand for food additives and pharmaceuticals.
Product Definition:
A compound found in cartilage, joint fluid, and other connective tissues. Glucosamine sulfate is used to treat osteoarthritis and joint pain.
98%-100%:
98%-100% of the total product is composed of glucosamine sulfate. It has been used as a dietary supplement for arthritis pain relief and gout prevention. The other ingredients in the formulation include oat fiber, which helps to maintain healthy blood sugar levels and herbal extracts like Eleuthera herb, which helps to reduce joint inflammation.
100%-102%:
100%-102% is a form of glucosamine sulfate, which is the most popular and well-known brand in the market. It has been around for many years and was first manufactured by Smith & Nephew in England. The company continues to manufacture it to this day but with some key differences between their original formulation and ours.
Application Insights:
The food additive application segment led the global glucosamine sulfate market in 2017, accounting for over 60% of the overall revenue share. The product is widely used as a processing aid and rheology modifier in several industries such as dairy, bakery and cereal extraction among others. Furthermore, it is used as an anti-caking agent in mineral oil products and soft drinks among others.
Glucosamine sulfate has been proven to be beneficial for human health owing to its ability to support joint health & mobility improvement along with maintenance of bone strength & structure. It can also help reduce pain caused by osteoarthritis (OA) symptoms such as stiffness/pain/joints popping/locking or clicking into place after extended periods of activity which are associated with OA knee pain or arthritis symptoms in general (1).
Regional Analysis:
North America was the leading market and accounted for over 35% of global revenue in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing glucosamine use as an anti-inflammatory and pain reliever supplement coupled with rising consumer awareness regarding health & well-being. In addition, presence of large number of industry players in the U.S.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing awareness about the benefits of glucosamine sulfate is expected to drive its demand in the coming years.
- Rising prevalence of joint pain and arthritis is anticipated to boost the demand for glucosamine sulfate in the near future.
- Growing geriatric population is another key factor that is likely to fuel the growth of this market in forthcoming years.
- increasing disposable income coupled with rising healthcare expenditure are also projected to propel the growth of this market over next few years . 5) technological advancements and new product launches are expected to create lucrative opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Glucosamine Sulfate Market Research Report
By Type
98%-100%, 100%-102%
By Application
Food Additive, Pharmaceutical, Others
By Companies
Yantai Dongcheng Pharmaceutical Group, Qingdao Green-Extract Biology Science & Technology, Dasf, Alcan Chemical Division, Alfa Chem, Dalian Lijian Bio-Technology Development, Ethical Naturals, Yantai Dongcheng Pharmaceutical Group
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Glucosamine Sulfate Market Report Segments:
The global Glucosamine Sulfate market is segmented on the basis of:
Types
98%-100%, 100%-102%
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
Food Additive, Pharmaceutical, Others
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:
- Yantai Dongcheng Pharmaceutical Group
- Qingdao Green-Extract Biology Science & Technology
- Dasf
- Alcan Chemical Division
- Alfa Chem
- Dalian Lijian Bio-Technology Development
- Ethical Naturals
- Yantai Dongcheng Pharmaceutical Group
Highlights of The Glucosamine Sulfate 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:
- 98%-100%
- 100%-102%
- By Application:
- Food Additive
- Pharmaceutical
- Others
- 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 Glucosamine Sulfate 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Glucosamine sulfate is a natural compound that helps to improve the health of the cartilage in your joints. It can help to reduce inflammation and pain, and may also help to speed up the healing process.
Some of the major companies in the glucosamine sulfate market are Yantai Dongcheng Pharmaceutical Group, Qingdao Green-Extract Biology Science & Technology, Dasf, Alcan Chemical Division, Alfa Chem, Dalian Lijian Bio-Technology Development, Ethical Naturals, Yantai Dongcheng Pharmaceutical Group.
The glucosamine sulfate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glucosamine Sulfate 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 Glucosamine Sulfate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glucosamine Sulfate 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 Glucosamine Sulfate 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 Glucosamine Sulfate Market Size & Forecast, 2018-2028
4.5.1 Glucosamine Sulfate Market Size and Y-o-Y Growth
4.5.2 Glucosamine Sulfate Market Absolute $ Opportunity
Chapter 5 Global Glucosamine Sulfate 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 Glucosamine Sulfate Market Size Forecast by Type
5.2.1 98%-100%
5.2.2 100%-102%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Glucosamine Sulfate 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 Glucosamine Sulfate Market Size Forecast by Applications
6.2.1 Food Additive
6.2.2 Pharmaceutical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glucosamine Sulfate 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 Glucosamine Sulfate 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 Glucosamine Sulfate Analysis and Forecast
9.1 Introduction
9.2 North America Glucosamine Sulfate 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 Glucosamine Sulfate Market Size Forecast by Type
9.6.1 98%-100%
9.6.2 100%-102%
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 Glucosamine Sulfate Market Size Forecast by Applications
9.10.1 Food Additive
9.10.2 Pharmaceutical
9.10.3 Others
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 Glucosamine Sulfate Analysis and Forecast
10.1 Introduction
10.2 Europe Glucosamine Sulfate 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 Glucosamine Sulfate Market Size Forecast by Type
10.6.1 98%-100%
10.6.2 100%-102%
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 Glucosamine Sulfate Market Size Forecast by Applications
10.10.1 Food Additive
10.10.2 Pharmaceutical
10.10.3 Others
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 Glucosamine Sulfate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Glucosamine Sulfate 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 Glucosamine Sulfate Market Size Forecast by Type
11.6.1 98%-100%
11.6.2 100%-102%
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 Glucosamine Sulfate Market Size Forecast by Applications
11.10.1 Food Additive
11.10.2 Pharmaceutical
11.10.3 Others
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 Glucosamine Sulfate Analysis and Forecast
12.1 Introduction
12.2 Latin America Glucosamine Sulfate 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 Glucosamine Sulfate Market Size Forecast by Type
12.6.1 98%-100%
12.6.2 100%-102%
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 Glucosamine Sulfate Market Size Forecast by Applications
12.10.1 Food Additive
12.10.2 Pharmaceutical
12.10.3 Others
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) Glucosamine Sulfate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Glucosamine Sulfate 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) Glucosamine Sulfate Market Size Forecast by Type
13.6.1 98%-100%
13.6.2 100%-102%
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) Glucosamine Sulfate Market Size Forecast by Applications
13.10.1 Food Additive
13.10.2 Pharmaceutical
13.10.3 Others
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 Glucosamine Sulfate Market: Competitive Dashboard
14.2 Global Glucosamine Sulfate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yantai Dongcheng Pharmaceutical Group
14.3.2 Qingdao Green-Extract Biology Science & Technology
14.3.3 Dasf
14.3.4 Alcan Chemical Division
14.3.5 Alfa Chem
14.3.6 Dalian Lijian Bio-Technology Development
14.3.7 Ethical Naturals
14.3.8 Yantai Dongcheng Pharmaceutical Group
