DBMR - Chemical and Materials

Global Chondroitin Sulfate Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Nov 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Chondroitin Sulfate Market By Source (Synthetic, Bovine, Swine, Poultry, Shark, Others), Application (Nutraceuticals, Pharmaceuticals, Animal Feed, Personal Care, Others) Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Chondroitin Sulfate Market

Global chondroitin sulfate market is expected to rise to an estimated value of USD 1.41 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the booming demand mainly from the pharmaceutical and personal care industries  

Market Definition: Global Chondroitin Sulfate Market

Chondroitin sulfate is a chemical compound available in the connective tissues in humans which is present in the joints and cartilages of the body. It is mostly used to treat cataract, osteoarthritis,, and urinary tract infections, which is assumed to drive the overall demand for the product over the forecast period. It is known as sulfated glycosaminoglycan (GAG). The commercial form of chondroitin sulfate is manufactured from various animals such as bovine, fish, shark, poultry among others.   

Market Drivers:

  • Chondroitin sulfate offers beneficial properties such as the ability to moisturize the skin along with the anti-inflammatory property; this factor also drives the market growth 
  • Enhanced demand of chondroitin from the end-user industry including pharmaceuticals and healthcare is boosting the market growth
  • Prevailing demand of chondroitin in the pet food industry for improving the cartilage functioning will also enhance the growth of the market
  • Increasing R&D activities in improving the quality also drives the market growth  

Market Restraints:

  • There are several hazardous effects due to direct inhalation such as nausea, heartburn, diarrhoea, and constipation will restrain the market growth
  • The tablets of chondroitin sulfate may contain abnormal amounts of manganese which could have serious health effects; this factor will also hinder the market growth

Segmentation: Global Chondroitin Sulfate Market

By Source

  • Synthetic
  • Bovine
  • Swine
  • Poultry
  • Shark
  • Others

By Geography

  • North America

    • US
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In November 2017, Gnosis launched a product in the U.S. market known as Mythocondro which is the unique 100% vegan chondroitin sulfate similar to human synovial fluid. It is suitable for vegetarians and free from restrictions of use related to religious and supply issues. It will radically solve the long-standing, poor quality problems and potential safety issues of animal-derived chondroitin sulfate
  • In August 2016, Gnosis launched a product Mythocondro, an animal chondroitin sulfate study focusing the bioavailability and pharmacokinetic profile of Mythocondro along with its efficacy and safety. It will help the company to expand their product portfolio and able to meet the increasing demand of chondroitin sulfate

Competitive Analysis:

Global chondroitin sulfate market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chondroitin sulfate market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global chondroitin sulfate market are TSI Group Ltd., Ralington pharma LLP, Hebei Yichen Industrial Group Corporation Limited, Bioiberica S.A.U., Sino Siam Biotechnique Company Limited., Bio-Gen Extracts Private Limited, Seikagaku Corporation among others           

Research Methodology: Global Chondroitin Sulfate Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


SKU-

Please fill in the below form for detailed Table of Content

Please fill in the below form for detailed List of Table

Please fill in the below form for detailed List of Figure

Please fill in the below form for detailed Inquire Before Buying

Choose License Type
  • $5400.00
  • $4200.00
BUY NOW ADD TO CART