Glucosamine Market Set for Robust Expansion, Projected Value of USD 1,398.71 Million by 2032

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:
● The glucosamine market was valued at USD 901.62 million in 2023.
● The market is expected to expand at a CAGR of 5.0% from 2024 to 2032.
● It is expected to grow to USD 1,398.71 million by 2032.

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Glucosamine, found naturally in cartilage, is produced from fructose and the amino acid glutamine. The synthesis of glycosaminoglycan is important for the development and maintenance of cartilage and other tissues in the body. Glucosamine, which can be found in supplements, is an amino sugar that is either derived from shellfish or synthesized in laboratories by fermenting grains such as wheat and corn.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/glucosamine-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

With the aging of the worldwide population, age-related joint problems like osteoarthritis are on the rise. The popularity of glucosamine as a supplement for reducing joint pain and improving joint health has led to a high demand for it. Moreover, the market has seen significant expansion because of the easy access and variety of formulations available.

𝐊𝐞𝐲 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬:

Because there are so many companies in the market, it is expected to be both competitive and fragmented. Some of the major players participating in the glucosamine market:

• Alfa Chemical Group
• Amway
• Cargill, Incorporated
• CELLMARK AB.
• Golden-Shell Pharmaceutical
• Koyo Chemical Industry Co., Ltd
• Laboratoires Expanscience
• Nutramax Laboratories Consumer Care, Inc.
• SimplySupplements

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞:https://www.polarismarketresearch.com/industry-analysis/glucosamine-market/inquire-before-buying

𝐆𝐥𝐮𝐜𝐨𝐬𝐚𝐦𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

• Glucosamine sulphate segment dominated the market, as it widely used in the dietary and pharmaceutical applications
• Glucosamine hydrochloride segment will grow at substantial pace, owing to its wide usage in dietary ingredient for joint health
• Supplements held the largest share, primarily due to its usage in food supplement in daily staples
• Asia Pacific dominated the market, owing to rising population, rise in disposable income, and surge in health & awareness among consumers.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The glucosamine market is mainly segmented based on region, application, and product. Based on the application analysis, in 2023, the supplement segment accounted for the largest market share due to an increase in allergies related to crustaceans and a growing vegan population; producers are now creating the item using fungi and other plant-based sources.

Furthermore, according to the product analysis, in 2023, the glucosamine sulfate segment held the largest market share. Glucosamine sulfate is a popular choice for dietary supplements and medications among various forms of glucosamine. It is a popular choice for individuals seeking assistance with joint health and managing osteoarthritis symptoms.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/glucosamine-market

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:

The research report makes use of various standard methodologies to provide a comprehensive analysis of the market. It includes quantitative research to collect numerical information from primary and secondary data sources such as surveys, polls, and desk research. Also, it uses subjective measures, such as focus groups, to gain key insights into the market. Furthermore, the research study involves interviews with leading experts to uncover facts and opinions about the Glucosamine Market. All the information in the report goes through a multi-step verification method to provide an accurate and reliable market analysis.

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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