Press release
Chondroitin Market will grow due to rising demand for chondroitin-based dietary supplements | Qingdao Wan Toulmin Biological Products Co. Ltd., BRF
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Chondroitin is a natural substance that is found in the cartilage of animals. It is often used as a supplement to treat osteoarthritis.
Key Trends
The key trends in chondroitin technology are the development of new and improved methods for the extraction and purification of chondroitin sulfate, as well as the development of new methods for the analysis and characterization of chondroitin sulfate.
The extraction and purification of chondroitin sulfate have been traditionally difficult due to the complex structure of the molecule. However, recent advances in analytical techniques have allowed for the development of new methods that are more efficient and yield a higher purity product.
The characterization of chondroitin sulfate has also been difficult due to its complex structure. However, new methods for the analysis of chondroitin sulfate have been developed that allow for a better understanding of its structure and function.
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Key Drivers
The key drivers of the chondroitin market include the rising prevalence of osteoarthritis and other degenerative joint disorders, the growing geriatric population, and the rising demand for chondroitin-based dietary supplements.
The prevalence of osteoarthritis is rising globally due to the growing aging population. According to the World Health Organization, the global number of people aged 60 years or over is projected to reach 2 billion by 2050. This increase in the aging population is expected to lead to a rise in the number of people suffering from osteoarthritis.
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Chondroitin is a natural compound found in the cartilage of animals and is used in the treatment of osteoarthritis and other degenerative joint disorders. Chondroitin is effective in reducing pain and improving joint function. It is also available in the form of dietary supplements.
Market Segments
The Chondroitin Market is segmented into source, application, and region. By source, the market is categorized into bovine, swine, poultry, and others. The applications covered in the study include nutraceuticals, pharmaceuticals, animal feed, personal care & cosmetics. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the World.
Key Players
The Chondroitin Market report includes players such as TSI Group Ltd., Qingdao Wan Toulmin Biological Products Co. Ltd., BRF, HeBei SanXin Industrial Group, Bioiberica S.A.U., Sigma-Aldrich, Inc., Sino Siam Biotechnique Company Limited, Bio-gen Extracts Private Limited, ZPD, and SEIKAGAKU CORPORATION.
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