Glucosamine -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2022
Pune, India – January 27, 2017 /MarketersMedia/ —
Glucosamine Industry
Description
Glucosamine Market research report analyzes the market by Type and Application at global level and for each of the geographic regions – North America, Europe, China, Asia-Pacific, and Rest of World. The Glucosamine market is segmented by Type into Glucosamine Sulfate, Glucosamine HCl, N-Acetyl-Glucosamine and Other types; and by Application into Nutraceutical/Pharmaceutical, Feed Additives, and Food Ingredients. Global market by Volume in Metric Tons and Value in US$ is also included. The report provides a market analysis of each of the types and applications by their respective categories.
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Highlights
Glucosamine is a material that naturally occurs in the joints of the body. It is synthesized by the body from glucose (sugar) and glutamine. Glucosamine helps in making and repairing cartilage in the body. As humans grow old, the ability of the body to produce Glucosamine from glucose and glutamine also declines due to a decrease in the enzyme that aids production of Glucosamine. When Glucosamine Sulfate is not available in sufficient quantities, there is a degeneration of the cartilage. Glucosamine supplements could restore the Glucosamine levels in the body and also repair joints that are destroyed by osteoarthritis or other wounds. Global Glucosamine market is projected to increase at a CAGR of 17% from 2010 through 2022. Glucosamine based products were classified as nutraceuticals in most countries worldwide.
But now a number of countries (especially Europe) are permitting glucosamine products to be registered as pharmaceuticals. Products sold as drugs need to be approved by national medicines agencies, whereas nutraceuticals in general are governed by much less demanding food regulations. As a result of the US anti-dumping action against shrimp shells from India and the EU ban on seafood imports from China, there was a steep rise in the price of Glucosamine. But since the uplift of the ban price of glucosamine has more or less stabilized. Change in the status of Glucosamine from drug to food has led to the market being opened up. Since its entrance on the food market, glucosamine has tripled in sales. The recommended dose of glucosamine is 1,500mg. Putting that level into food may cause an issue, due to its taste and also the expense. The introduction of combination products such as Vitabiotics’ Jointace [supplement] with collagen, glucosamine and chondroitin are undercutting sales for single glucosamine dietary supplements on the market. Glucosamine is traditionally sourced from shellfish, but one of the interesting areas in this field is the launch of vegetarian versions. Clearly, this opens up the supplement to a wider target market, and in addition prices are relatively stable compared to shellfish.
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Key Players
A & Z Food Additives Co., Ltd. (China)
Amicogen, Inc. (South Korea)
Bayir Chemicals (India)
Cargill, Inc. (USA)
Coastal Laboratories (India)
Cyalume Specialty Products (USA)
Ethical Naturals, Inc. (USA)
Fraken Biochem Co., Ltd. (China)
Golden-Shell Pharmaceutical Co., Ltd. (China)
Koyo Chemical Company Limited (Japan)
Kraeber GmbH & Co. (Germany)
Lytone Enterprise, Inc. (Taiwan)
Newsmart (Nantong) Group (China)
Pacific Rainbow International, Inc. (USA)
Sai Gluco Pharma (India)
Shandong Yibao Biologics Co., Ltd. (China)
Shreeji Pharma International (India)
Shubhmets (India)
Sinochem Qingdao Co., Ltd. (China)
Sinoway International (Jiangsu) Co., Ltd. (China)
Stauber Performance Ingredients, Inc. (USA)
TSI Health Sciences (USA)
Wanbury Ltd. (India)
Wellable Group Marine Biological & Chemical Co., Ltd. (China)
Yaizu Suisankagaku Industry Co., Ltd. (Japan)
Zhejiang Aoxing Biotechnology Co., Ltd. (China)
Zhejiang Candorly Pharmaceutical Co., Ltd. (China)
Zhejiang Freemen Shinfuda Co., Ltd. (China)
Zhejiang Medicines & Health Products I/E Co., Ltd. (ZMC) (China)
Aim Companies (The) (USA)
AniMed (USA)
Astamed Healthcare (I) Pvt. Ltd. (India)
Bio-Alternatives (USA)
Bioiberica SA (Spain)
DTC Health, Inc. (USA)
Norbrook Laboratories Ltd. (UK)
Nutramax Laboratories, Inc. (USA)
Nutri-Pet Research, Inc. (USA)
Perrigo Company plc (Ireland)
Rottapharm | Madaus GmbH (Italy)
Seven Seas Ltd. (UK)
Synflex America, Inc. (USA)
Ultimate Nutrition (USA)
Unipharm, Inc. (USA)
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This report may help Strategists, Investors, Laboratories, Contract Research Organizations, Biotechnology & Healthcare Companies, Academic Professionals, Drug Approval Authorities, and Other Organizations to –
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Analytics and data presented in each report pertain to several parameters such as –
Global and Regional Market Sizes, Market Shares, Market Trends
Product (Global and Regional) Market Sizes, Market Shares, Market Trends
Technology Trends
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Key Companies By Sales, Brands, Products
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Continued…
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