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Glucosamine Market Emerging Growth By Top Players Bio-gen Extracts Private Limited, Panvo Organics Pvt Ltd, Pharma Base S.A., CAPTEK Softgel International Inc., TSI Health Sciences, Inc., Cargill, CellMark Chemicals

03-19-2021 09:01 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Glucosamine Market

Glucosamine Market

The global glucosamine market include various different product types such as powder, tablets, capsules and liquids. Glucosamine is naturally synthesized in the human body, used as a health supplement and can be used in the treatment of various conditions such as rheumatoid arthritis, asthma, inflammatory bowel diseases, joint pain, allergies, chronic venous insufficiency, sports injuries, temporomandibular joint problems (TMJ), and long-term low back pain.

Academic and research institutions are focusing on research and development activities in order to strengthen their position in the global glucosamine market. For Instance, in 2018, the Fred Hutchinson Cancer Research Center initiated the investigational clinical trial to study glucosamine and chondroitin’s efficacy in preventing inflammation in overweight patients.

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Focus of academic and research institutes on research and development activities is expected to drive the global glucosamine market growth. For instance, in 2018, the University of Siena initiated an investigational clinical study for the treatment of hand osteoarthritis with glucosamine. The study was completed in 2019, and results are yet to be disclosed by the University of Siena.

Global Glucosamine Market – Impact of Coronavirus (COVID-19)

The COVID-19 pandemic has drastically impacted each and every market across the world and it is also expected to impact glucosamine market
Regulatory authorities have implemented various guidelines regarding the manufacture of active pharmaceutical ingredients and pharmaceutical products to avoid spread of COVID-19 and to reduce the contamination of active pharmaceutical ingredients during the manufacturing process.
According to the U.S. Food Drug and Administration’s report of June 2020 during the COVID-19 public health emergency, drug manufacturers should follow the following current good manufacturing practice (CGMP) regulations and recommendations regarding restriction of sick employees from production areas:
Any employee or worker in a production unit should be medically evaluated to check whether the individual is suffering from an infectious diseases such as COVID-19.
If any of the individuals are experiencing COVID-19 symptoms, they shall be restricted from entering the production house premises of the company to avoid contamination of drugs and active pharmaceutical ingredients (API).

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Key Players

Major players operating in the global glucosamine market are Bio-gen Extracts Private Limited, Panvo Organics Pvt Ltd, Pharma Base S.A., CAPTEK Softgel International Inc., TSI Health Sciences, Inc., Cargill, CellMark Chemicals, Andra Medi Pharma Pvt. Ltd, Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC), JIAXING HENGJIE BIOPHARMACEUTICAL CO.,LTD. , Wellable Marine Biotech Holding Limited, Zhejiang Shinfuda Marine Biotechnology Corp, Spectrum Chemical Manufacturing Corporation and Atlina Life Sciences, Schiff Nutrition International, Inc., and Golden-Shell Pharmaceutical Co. Ltd.

Detailed Segmentation:

By Product Type:
Powder
Tablets
Capsules
Liquid
By Application:
Rheumatoid Arthritis
Asthma
Inflammatory Bowel Disease
Others
By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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