Market Overview:
The global glucosamine salts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for glucosamine salts in various applications, growing awareness about the benefits of glucosamine salts, and increasing research and development activities for new applications of glucosamine salts. However, stringent regulatory norms regarding use of additives in food products may hamper the growth of this market during the forecast period. On the basis of type, the global glucosamine salts market is segmented into Glucosamine Sulfate, Glucosmine HCl, and Other types. The Glucosemine Sulfate segment is expected to account for a major share of this market during the forecast period owing to its high demand from various application segments such as UPR styrene based resins, food products, medicine & feed supplements etc.
Product Definition:
A salt is an ionic compound formed by the reaction of an acid and a base. In the case of glucosamine salts, these are formed when glucosamine reacts with various acids. Glucosamine salts have been shown to be important for joint health, as they help to maintain cartilage and joint fluid levels.
Glucosamine Sulfate:
Glucosamine sulfate is a compound that is naturally found in the human body and can be obtained from certain shellfish such as crabs, shrimp, and lobster. It has been used for many years to treat arthritis pain by osteopathic physicians. In addition, it has also been used off-label for the treatment of diabetes mellitus; however, there is no scientific evidence supporting its use for this purpose.
Glucosamine HCl:
Glucosamine HCl is a derivative of collagen and has similar properties to that of cartilage. It is widely used in the treatment and prevention of osteoarthritis, rheumatoid arthritis, bone joint disease, etc. The product also finds application as an anti-inflammatory drug for treating asthma and other respiratory disorders along with being a building block for tissue repair products such as ceramics or composites.
Application Insights:
Glucosamine sulfate is the most widely used form of glucosamine and is majorly used in the production of unmodified polysaccharides (UPS) that are utilized in various end-use industries. The medicine segment was estimated at over USD 200 million in 2015 and is projected to grow at a CAGR of XX% from 2016 to 2030, owing to its widespread usage for treating osteoarthritis, rheumatoid arthritis as well as fibromyalgia.
The feed application segment was estimated at over USD 300 million in 2015 and is expected to witness significant growth on account of increasing utilization for the treatment of lameness associated with horses, dogs & cats as well as cattle.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of around 6% over the forecast period. Increasing product demand from end-use industries such as cosmetics, feed, and pharmaceuticals is anticipated to drive the regional market over the forecast period. Rising consumer awareness regarding osteoarthritis treatment options and high disposable income are also contributing toward industry growth in this region.
Asia Pacific is expected to be one of fastest growing regions with a CAGR of XX% during the same period owing to rapid industrialization coupled with increasing population especially in China & India has resulted into increased production levels for glucosamine HCl salt which will drive industry demand over next eight years time frame.
Latin America was estimated at USD X million in 2017.
Growth Factors:
- Increasing awareness about the benefits of glucosamine salts among consumers.
- Rising prevalence of joint pain and arthritis, which is driving demand for glucosamine salts products.
- Growing number of product launches and innovations in the glucosamine salts market by key players.
- increasing investments by manufacturers in marketing and promotional activities to increase consumer awareness about the benefits of using glucosamine salt supplements
Scope Of The Report
Report Attributes
Report Details
Report Title
Glucosamine Salts Market Research Report
By Type
Glucosamine Sulfate, Glucosamine HCl, Other
By Application
UPR styrene based Resins, Food, Medicine, Feed, Cosmetic, Other
By Companies
CELLMARK, Cargill, AMPIL, Koyo Chemical, Osamine, MAHTANI CHITOSAN, Bio-gen Extracts, Panvo Organics, Wanbury, Wellable Marine Biotech, Zhejiang Aoxing, Zhejiang Golden-Shell, Yangzhou Rixing Bio-Tech, Zhejiang Freemen Shinfuda, Taizhou Fengrun
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Glucosamine Salts Market Report Segments:
The global Glucosamine Salts market is segmented on the basis of:
Types
Glucosamine Sulfate, Glucosamine HCl, Other
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
UPR styrene based Resins, Food, Medicine, Feed, Cosmetic, Other
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:
- CELLMARK
- Cargill
- AMPIL
- Koyo Chemical
- Osamine
- MAHTANI CHITOSAN
- Bio-gen Extracts
- Panvo Organics
- Wanbury
- Wellable Marine Biotech
- Zhejiang Aoxing
- Zhejiang Golden-Shell
- Yangzhou Rixing Bio-Tech
- Zhejiang Freemen Shinfuda
- Taizhou Fengrun
Highlights of The Glucosamine Salts 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:
- Glucosamine Sulfate
- Glucosamine HCl
- Other
- By Application:
- UPR styrene based Resins
- Food
- Medicine
- Feed
- Cosmetic
- Other
- 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 Salts 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.
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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?
Glucosamine is a natural compound that helps the body produce and use cartilage. Glucosamine salts are a form of glucosamine that have been processed to make them more easily absorbed by the body.
Some of the major players in the glucosamine salts market are CELLMARK, Cargill, AMPIL, Koyo Chemical, Osamine, MAHTANI CHITOSAN, Bio-gen Extracts, Panvo Organics, Wanbury, Wellable Marine Biotech, Zhejiang Aoxing, Zhejiang Golden-Shell, Yangzhou Rixing Bio-Tech, Zhejiang Freemen Shinfuda, Taizhou Fengrun.
The glucosamine salts market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glucosamine Salts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glucosamine Salts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glucosamine Salts Market - Supply Chain
4.5. Global Glucosamine Salts Market Forecast
4.5.1. Glucosamine Salts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glucosamine Salts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glucosamine Salts Market Absolute $ Opportunity
5. Global Glucosamine Salts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glucosamine Salts Market Size and Volume Forecast by Type
5.3.1. Glucosamine Sulfate
5.3.2. Glucosamine HCl
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glucosamine Salts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glucosamine Salts Market Size and Volume Forecast by Application
6.3.1. UPR styrene based Resins
6.3.2. Food
6.3.3. Medicine
6.3.4. Feed
6.3.5. Cosmetic
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glucosamine Salts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glucosamine Salts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glucosamine Salts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glucosamine Salts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glucosamine Salts Demand Share Forecast, 2019-2026
9. North America Glucosamine Salts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glucosamine Salts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glucosamine Salts Market Size and Volume Forecast by Application
9.4.1. UPR styrene based Resins
9.4.2. Food
9.4.3. Medicine
9.4.4. Feed
9.4.5. Cosmetic
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glucosamine Salts Market Size and Volume Forecast by Type
9.7.1. Glucosamine Sulfate
9.7.2. Glucosamine HCl
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glucosamine Salts Demand Share Forecast, 2019-2026
10. Latin America Glucosamine Salts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glucosamine Salts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glucosamine Salts Market Size and Volume Forecast by Application
10.4.1. UPR styrene based Resins
10.4.2. Food
10.4.3. Medicine
10.4.4. Feed
10.4.5. Cosmetic
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glucosamine Salts Market Size and Volume Forecast by Type
10.7.1. Glucosamine Sulfate
10.7.2. Glucosamine HCl
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glucosamine Salts Demand Share Forecast, 2019-2026
11. Europe Glucosamine Salts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glucosamine Salts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glucosamine Salts Market Size and Volume Forecast by Application
11.4.1. UPR styrene based Resins
11.4.2. Food
11.4.3. Medicine
11.4.4. Feed
11.4.5. Cosmetic
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glucosamine Salts Market Size and Volume Forecast by Type
11.7.1. Glucosamine Sulfate
11.7.2. Glucosamine HCl
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glucosamine Salts Demand Share, 2019-2026
12. Asia Pacific Glucosamine Salts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glucosamine Salts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glucosamine Salts Market Size and Volume Forecast by Application
12.4.1. UPR styrene based Resins
12.4.2. Food
12.4.3. Medicine
12.4.4. Feed
12.4.5. Cosmetic
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glucosamine Salts Market Size and Volume Forecast by Type
12.7.1. Glucosamine Sulfate
12.7.2. Glucosamine HCl
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glucosamine Salts Demand Share, 2019-2026
13. Middle East & Africa Glucosamine Salts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glucosamine Salts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glucosamine Salts Market Size and Volume Forecast by Application
13.4.1. UPR styrene based Resins
13.4.2. Food
13.4.3. Medicine
13.4.4. Feed
13.4.5. Cosmetic
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glucosamine Salts Market Size and Volume Forecast by Type
13.7.1. Glucosamine Sulfate
13.7.2. Glucosamine HCl
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glucosamine Salts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glucosamine Salts Market: Market Share Analysis
14.2. Glucosamine Salts Distributors and Customers
14.3. Glucosamine Salts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CELLMARK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AMPIL
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Koyo Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Osamine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MAHTANI CHITOSAN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bio-gen Extracts
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panvo Organics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wanbury
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wellable Marine Biotech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhejiang Aoxing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang Golden-Shell
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yangzhou Rixing Bio-Tech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhejiang Freemen Shinfuda
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Taizhou Fengrun
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
