Press release
Glucosamine Supplements Market Opportunity Assessment Research Study by 2023
Glucosamine is an amino acid found naturally in the cartilage of the joints. It is a precursor in the biochemical synthesis of glycosylated proteins and lipids. The amino acid is produced commercially by the hydrolysis of crustacean exoskeletons and is used in medical conditions such as osteoarthritis and arthritis.In addition, glucosamine supplements possess anti-inflammatory and anti-aging properties as well as they also help improve digestion, gut health, and treat inflammatory bowel disease.
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Hence, these supplements are majorly taken by people with bone and joint pain as well as people suffering from temporal-mandibular joint (TMJ) disorder. Furthermore, glucosamine supplements are also used in cosmetic products as it aids in the formation of connective tissue and promotes exfoliation (removal of dead skin) and hydration.
The growth in geriatric population and disorders related to bone and joints such as osteoarthritis and arthritis majorly drive the growth of this market. In addition, the increase in the need for glucosamine supplements for promoting healthy growth of skin and hair also fuels the market growth.
Further, less awareness among people regarding the benefits of glucosamine supplements as well as the presence of many substitutes such as omega 3 fatty acids, collagens, and fish oils coupled with herbal ingredients is expected to restrict the growth of glucosamine supplements market.
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Major Market Players:
•Paul Marienfeld
•Hecht Assistant
•Comdek Industrial
•Cypress Diagnostics
•HemoCue
•KPG Products
•Danaher Corporation
•GE Healthcare
•Nava medic ASA
•Nutraceutix Inc.
Key Benefits:
•This report provides a quantitative analysis of the current market and estimations through 2017-2023, which assists in identifying the prevailing market opportunities
•In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2023.
•This study evaluating the competitive landscape and value chain is taken into account to help understand the competitive environment across the geographies.
•Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
•This report provides an extensive analysis of the current and emerging market trends and dynamics in the global glucosamine supplements market.
•Comprehensive analysis of all regions is provided that determines the prevailing opportunities in these geographies.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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