Glucosamine Supplements Market is Expected to Hold a Massive Growth
Glucosamine Supplements Market Outlook
2019-2026:
Glucosamine is an amino acid found naturally
in the cartilage of the joints. It is a precursor in the biochemical synthesis
of glycosylated proteins and lipids. The amino acid is produced commercially by
the hydrolysis of crustacean exoskeletons and is used in medical conditions
such as osteoarthritis and arthritis. In addition, glucosamine supplements
possess anti-inflammatory and anti-aging properties as well as they also help
improve digestion, gut health, and treat inflammatory bowel disease.
Hence, these supplements are majorly taken by
people with bone and joint pain as well as people suffering from
temporo-manibular joint (TMJ) disorder. Furthermore, glucosamine supplements
are also used in cosmetic products as it aids in the formation of connective
tissue and promotes exfoliation (removal of dead skin) and hydration.
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The growth in geriatric population and
disorders related to bone and joints such as osteoarthritis and arthritis
majorly drive the growth of this market. In addition, the increase in need for
glucosamine supplements for promoting healthy growth of skin and hair also
fuels the market growth. Further, less awareness among people regarding the
benefits of glucosamine supplements as well as presence of many substitutes
such as omega 3 fatty acids, collagens, and fish oils coupled with herbal
ingredients is expected to restrict the growth of glucosamine supplements
market.
The global glucosamine supplements market is
segmented based on applications, dosage form, and region. Based on application,
the market is divided on the basis of osteoarthritis, nutritional dietary
supplements, and others. Based on dosage form, it is classified into pill,
capsules, and others. By geography, it is analyzed across North America,
Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and
profiles of major market players such as Paul Marienfeld, Hecht Assistant,
Comdek Industrial, Cypress Diagnostics, HemoCue, KPG Products, Danaher
Corporation, GE Healthcare, Nava medic ASA, and Nutraceutix Inc. is also
provided in this report.
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Key Benefits
- This report provides an extensive analysis of the
current and emerging market trends and dynamics in the global glucosamine
supplements market.
- In-depth analysis is conducted by constructing market
estimations for the key market segments between 2017 and 2023.
- This study evaluating competitive landscape and value
chain is taken into account to help understand the competitive environment
across the geographies.
- Comprehensive analysis of factors that drive and
restrict the growth of the market is provided.
- This report provides the quantitative analysis of the
current market and estimations through 2017-2023, which assists in
identifying the prevailing market opportunities
- Comprehensive analysis of all regions are provided that
determines the prevailing opportunities in these geographies.
Source Medium: https://www.gurufocus.com/news/983129/glucosamine-supplements-market-is-expanding-faster-globally-forecast-20192026
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