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Glucosamine Market Size 2021-2028 | Generated Opportunities | Comprehensive Study - Bio-gen Extracts Private Limited, Panvo Organics Pvt Ltd, Pharma Base S.A., CAPTEK Softgel International

07-21-2021 10:18 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.

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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.

Following the outbreak of COVID-19 in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization has declared it a public health emergency. According to the World Health Organization’s report, manifestation of coronavirus (COVID-19) has resulted in more than 72.3 million infected individuals worldwide as of 14th December, 2020.

Furthermore, COVID-19 has affected almost every market across the world and has also impacted the global glucosamine market in the following ways: by directly affecting the production and demand; by creating disruptions in distribution channels; and by its financial impact on firms and financial markets. Supply chain and manufacturing activities in India, China, and the U.S. have been disrupted due to nationwide lockdowns. Whereas, countries such as Saudi Arabia, UAE, Egypt, and others are facing problems with regards to transportation of drugs from one place to another.

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Top Key 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, 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.

Glucosamine Market 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

Tailored Information as per niche requirement:
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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