Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Shark Cartilage Market by Type (Particle Size: 20-80 mesh, Particle Size Above 80 mesh, Other), By Application (Dietary Supplement, Animal Feed, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Shark Cartilage Market by Type (Particle Size: 20-80 mesh, Particle Size Above 80 mesh, Other), By Application (Dietary Supplement, Animal Feed, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 142645 3300 Chemical & Material 377 244 Pages 4.8 (41)
                                          

Market Overview:


The global shark cartilage market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for dietary supplements and animal feed, and the growing awareness about the health benefits of shark cartilage. The other segment is expected to grow at a higher CAGR than other segments during the forecast period. In terms of region, North America is expected to lead the global shark cartilage market in terms of revenue in 2018, followed by Europe and Asia Pacific. Latin America and Middle East & Africa are projected to be fastest-growing regions during the forecast period.


Global Shark Cartilage Industry Outlook


Product Definition:


Shark Cartilage is a type of cartilage that can be found in sharks. It has been used for medicinal purposes for many years. Some people believe that shark cartilage can help to treat cancer, although there is no scientific evidence to support this claim.


Particle Size: 20-80 mesh:


20-80 mesh is particle size range which is used in Shark Cartilage extraction. Particles between 20-80 mesh have high surface area and small size, they are widely used in food additives, pharmaceuticals and cosmetics industries. The particles 80mesh and above are called ultra-fine particles; these sizes of particles have almost same properties as of blood cells.


Particle Size Above 80 mesh:


Particle size 80 mesh and above is used in Shark Cartilage market. The particle size of the product ranges from 20 to 200 microns. It is widely used as an anti-inflammatory drug, which reduces pain in osteoarthritis patients. Increasing prevalence of joint diseases such as osteoarthritis has led to a rise in demand for pain management drugs, which will boost the usage of products over the forecast period.


Application Insights:


The others segment includes pharmaceutical and nutraceutical applications. The use of shark cartilage in cosmetics, as a dietary supplement, is increasing owing to its anti-inflammatory and antioxidant properties. In addition, it has been proven to reduce the risk of cardiovascular diseases by improving blood lipid profile.


Dietary supplements led the global market accounting for over 60% share of the overall revenue in 2017 on account of high consumer awareness regarding health benefits associated with them. Cartilage powder is added in tablet form for animals such as horses and dogs that suffer from osteoarthritis or joint pain due to heavy weight bearing activities such as running or jumping rope among other sports activities which require cartilaginous tissues for healing purposes.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This can be attributed to high product consumption by the population of U.S., Canada, and Mexico on account of rising awareness regarding health benefits associated with these cartilages as compared to other dietary supplements. Moreover, increasing demand for shark meat and fins coupled with growing popularity for products such as frozen fish fillets, canned light tuna in oil, etc.


Asia Pacific is anticipated to register significant gains during the forecast period owing to rising disposable income among middle-class groups in countries including China.


Growth Factors:


  • Increasing awareness about the health benefits of shark cartilage is expected to drive the market growth.
  • Rising demand for shark cartilage supplements as a result of its anti-inflammatory and anti-cancer properties is anticipated to fuel the market growth over the forecast period.
  • Growing popularity of natural remedies for various diseases is projected to boost demand for shark cartilage products, thereby propelling market growth.
  • increasing research and development activities by key players in order to introduce new and innovative products is likely to propel market expansion during the forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

Shark Cartilage Market Research Report

By Type

Particle Size: 20-80 mesh, Particle Size Above 80 mesh, Other

By Application

Dietary Supplement, Animal Feed, Others

By Companies

Summit Nutritionals, Waitaki Biosciences, BHN Co Ltd, Green Source Organics, Advanced Nutraceuticals

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

244

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global Shark Cartilage Market Report Segments:

The global Shark Cartilage market is segmented on the basis of:

Types

Particle Size: 20-80 mesh, Particle Size Above 80 mesh, 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

Dietary Supplement, Animal Feed, 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:

  1. Summit Nutritionals
  2. Waitaki Biosciences
  3. BHN Co Ltd
  4. Green Source Organics
  5. Advanced Nutraceuticals

Global Shark Cartilage Market Overview


Highlights of The Shark Cartilage Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Particle Size: 20-80 mesh
    2. Particle Size Above 80 mesh
    3. Other
  1. By Application:

    1. Dietary Supplement
    2. Animal Feed
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Shark Cartilage 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

Global Shark Cartilage Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Shark cartilage is a type of cartilage found in the fins and tails of sharks. It is used to cushion the shark's body while it swims through water.

Some of the key players operating in the shark cartilage market are Summit Nutritionals, Waitaki Biosciences, BHN Co Ltd, Green Source Organics, Advanced Nutraceuticals.

The shark cartilage market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Shark Cartilage 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. Shark Cartilage Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Shark Cartilage Market - Supply Chain
   4.5. Global Shark Cartilage Market Forecast
      4.5.1. Shark Cartilage Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Shark Cartilage Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Shark Cartilage Market Absolute $ Opportunity

5. Global Shark Cartilage 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. Shark Cartilage Market Size and Volume Forecast by Type
      5.3.1. Particle Size: 20-80 mesh
      5.3.2. Particle Size Above 80 mesh
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Shark Cartilage 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. Shark Cartilage Market Size and Volume Forecast by Application
      6.3.1. Dietary Supplement
      6.3.2. Animal Feed
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Shark Cartilage 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. Shark Cartilage 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 Shark Cartilage 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. Shark Cartilage 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 Shark Cartilage Demand Share Forecast, 2019-2026

9. North America Shark Cartilage 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 Shark Cartilage 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 Shark Cartilage Market Size and Volume Forecast by Application
      9.4.1. Dietary Supplement
      9.4.2. Animal Feed
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Shark Cartilage Market Size and Volume Forecast by Type
      9.7.1. Particle Size: 20-80 mesh
      9.7.2. Particle Size Above 80 mesh
      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 Shark Cartilage Demand Share Forecast, 2019-2026

10. Latin America Shark Cartilage 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 Shark Cartilage 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 Shark Cartilage Market Size and Volume Forecast by Application
      10.4.1. Dietary Supplement
      10.4.2. Animal Feed
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Shark Cartilage Market Size and Volume Forecast by Type
      10.7.1. Particle Size: 20-80 mesh
      10.7.2. Particle Size Above 80 mesh
      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 Shark Cartilage Demand Share Forecast, 2019-2026

11. Europe Shark Cartilage 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 Shark Cartilage 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 Shark Cartilage Market Size and Volume Forecast by Application
      11.4.1. Dietary Supplement
      11.4.2. Animal Feed
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Shark Cartilage Market Size and Volume Forecast by Type
      11.7.1. Particle Size: 20-80 mesh
      11.7.2. Particle Size Above 80 mesh
      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 Shark Cartilage Demand Share, 2019-2026

12. Asia Pacific Shark Cartilage 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 Shark Cartilage 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 Shark Cartilage Market Size and Volume Forecast by Application
      12.4.1. Dietary Supplement
      12.4.2. Animal Feed
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Shark Cartilage Market Size and Volume Forecast by Type
      12.7.1. Particle Size: 20-80 mesh
      12.7.2. Particle Size Above 80 mesh
      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 Shark Cartilage Demand Share, 2019-2026

13. Middle East & Africa Shark Cartilage 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 Shark Cartilage 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 Shark Cartilage Market Size and Volume Forecast by Application
      13.4.1. Dietary Supplement
      13.4.2. Animal Feed
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Shark Cartilage Market Size and Volume Forecast by Type
      13.7.1. Particle Size: 20-80 mesh
      13.7.2. Particle Size Above 80 mesh
      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 Shark Cartilage Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Shark Cartilage Market: Market Share Analysis
   14.2. Shark Cartilage Distributors and Customers
   14.3. Shark Cartilage Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Summit Nutritionals
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Waitaki Biosciences
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. BHN Co Ltd
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Green Source Organics
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Advanced Nutraceuticals
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. COMPANY6
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         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

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