Glucosamine Supplements Market - Industry Analysis, Market Size, Share, Trends, Growth and Forecast 2020 - 2025

Report Code: HCR 79844 Report Format: PDF + Excel (Delivery in 48 Hrs)
Glucosamine Supplements Market size is forecast to reach $1.54 billion by 2025, growing at a CAGR of 6.8% during the forecast period 2020-2025. Reduction in osteoarthritis-related pain and improved functioning in people with knee or hip osteoarthritis are the major factors driving the growth of the market. Increasing consumer awareness regarding the need for treatment of various joint, bone, and inflammatory diseases and increasing R &D by the key players present in the market by the is set to further enhance the overall market demand of glucosamine supplements during the forecast period 2020-2025. 

Report Coverage
The report: “Glucosamine Supplements Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Glucosamine Supplements Market. 

By Product Type: Glucosamine Hydrochloride, N-acetyl glucosamine and, Glucosamine Sulfate
By Format Type: Capsules, Powders, Soft gels, Tablets, Liquids, Caplets and, Others
By Application: Nutritional Supplements, Food & Beverages, Dairy Products, Pharmaceutical Industry, Others.
By Geography: North America, Europe, Asia-Pacific, Rest of the World (RoW)

Key Takeaways
  • North America dominates the Glucosamine Supplements Market owing to the improper diet and hectic lifestyle and increasing bone-related problems. The Glucosamine Supplements Market scope for different regions will be provided in the final report.
  • Increasing prevalence of chronic diseases such as diabetes, cancer & obesity and increasing adoption of glucosamine supplements in the pharmaceuticals industry is likely to aid in the market growth of glucosamine supplements market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Glucosamine Supplements Market report.
  • The high cost of glucosamine supplements and side effects such as stomach upset is poised to create hurdles for the Glucosamine Supplements Market.

Product Type- Segment Analysis
The glucosamine hydrochloride segment held the largest share in the glucosamine supplements market in 2019 and is estimated to grow at a CAGR of 4.91% during the forecast period 2020-2025. The growth in this segment can be attributed to its usage to reduce osteoarthritis. It does not affect cholesterol or triglyceride levels in people with high cholesterol. Glucosamine hydrochloride is applied to the skin in combination with chondroitin sulfate, shark cartilage, and camphor for osteoarthritis. Glucosamine hydrochloride is used for heart disease, knee pains, rheumatoid arthritis, stroke, back pain, and other conditions. Glucosamine hydrochloride is safe for most adults when taken by mouth appropriately for up to 2 years. It can cause gas, bloating, and cramps.  The glucosamine hydrochloride is set to be the highest growing segment and is estimated to register the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025.

Application - Segment Analysis
Nutritional Supplements segment held the largest share in the glucosamine supplements market in 2019 owing to the increasing instances of allergy and rising number of vegans, particularly in the U.S. has led manufacturers to develop the product from fungi and other plant sources. The food and beverages are set to be the highest growing segment and are estimated to register the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025 owing to the rising focus towards the production of vegetarian glucosamine as these are considered safe for consumption in food and beverage.

Geography - Segment Analysis
North America dominated the glucosamine supplements market in 2019 with a share of more than 41.3%, followed by Europe owing to the increase in the number of patients dealing with joint and bone pain and also for patients suffering from temporomandibular joint disorders. Growing dietary supplements consumption on account of the rising prevalence of arthritis among consumers coupled with the growing geriatric population and presence of key players that are in the market are also supporting in the growth of the market in this region.

However, Europe is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increase in disposable income and an increase in the need for glucosamine supplements for promoting the healthy growth of skin and hair. The shift in healthcare from treatment to prevention us encouraging clinicians and patients to change the perception about health and diseases and have a positive impact on the growth of the glucosamine supplements market in this region.

Drivers – Glucosamine Supplements Market
  • Increasing prevalence of chronic diseases such as diabetes, cancer & obesity
Increasing the prevalence of chronic diseases such as diabetes, cancer, and obesity is driving the growth of the glucosamine supplements market owing to the need of glucosamine supplements for promoting good health. Increased demand for numerous dietary supplements, ranging from multi-nutritional supplements to glucosamine supplements with enhanced effectiveness and safety of products to retain and attract new segments of consumers the glucosamine supplements market is increasing. The shift in healthcare from treatment to prevention is encouraging clinicians and patients to change the perception about health and diseases. The growing use of nutraceuticals in treating chronic diseases, nutraceuticals such as glucosamine supplements are used to treat and manage various chronic diseases owing to their additional nutritional and therapeutic effects along with their health benefits and lesser side effects. Thus, increasing the growth of the glucosamine supplements market during the forecast period 2020-2025.
  • Increasing adoption of glucosamine supplements in the pharmaceuticals industry
Increasing the adoption of glucosamine supplements in the pharmaceutical industry is increasing the growth of the glucosamine supplements market owing to the growing geriatric population, disorders related to bones and joints such as osteoarthritis, and an increase in the need for glucosamine supplements for promoting the healthy growth of skin and hair. Rising the elderly population and an increase in the prevalence of bone and joint-related disorders like arthritis and osteoporosis across the globe are a few of the primary factors that are responsible for the growth of glucosamine supplements market during the forecast period 2020-2025.

Challenges – Glucosamine Supplements Market
  • High cost of glucosamine supplements 
Some of the factors that can impede the growth of the glucosamine supplements market are high cost of glucosamine supplements and side effects of glucosamine supplements along with the less awareness of the benefits of the glucosamine supplements .

Glucosamine Supplements Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Glucosamine Supplements market. In 2019, Glucosamine Supplements Market share is consolidated by the top ten players present in the market. Glucosamine Supplements top 10 companies are Paul Marienfeld, Hecht Assistant, Reckitt Benckiser Group, Cypress Diagnostics, NOW Healthcare Group, HemoCue, KPG Products, Danaher Corporation, GE Healthcare, Jarror Formulas Inc., Nava medic ASA, and Nutraceutix Inc. among others.

Acquisitions/Product Launches
  • In September 2019, NOW Health Group Inc., doing business as NOW Foods, completed its acquisition of SuperNutrition – a supplement company that offers a unique brand of high potency multi-vitamin.  
  • In May 2019, Reckitt Benckiser Group announced to make popular consumer health products.
  • In July 2018, Jarrow Formulas Inc., announced all-new lineup of Beyond Bone Broth and new flavors include chicken, curry chicken, beef, and spicy beef ramen.
1. Glucosamine Supplements Market - Overview
    1.1 Definitions and Scope
2. Glucosamine Supplements Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Glucosamine Supplements Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Glucosamine Supplements Market - Startup Companies Scenario (Premium)
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Glucosamine Supplements Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Glucosamine Supplements Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Glucosamine Supplements Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Glucosamine Supplements Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Glucosamine Hydrochloride
    8.2 N-acetyl glucosamine
    8.3 Glucosamine Sulfate 
9. Glucosamine Supplements Market – By Format Type (Market Size –$Million/$Billion)
    9.1 Capsules
    9.2 Powders
    9.3 Tablets
    9.4 Liquids
    9.5 Others
10. Glucosamine Supplements Market – By Application (Market Size –$Million/$Billion)
    10.1 Nutritional Supplements
    10.2 Food and Beverages
    10.3 Dairy Products
    10.4 Pharmaceutical Industry
    10.5 Others
11. Glucosamine Supplements Market - By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia
        11.3.6 New Zealand
        11.3.7 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Glucosamine Supplements Market - Entropy
13. Glucosamine Supplements Market – Industry/Segment Competition Landscape   (Premium) 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Glucosamine Supplements Market – Key Company List by Country Premium (Premium)
15. Glucosamine Supplements Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 ($M)
1.1 Pill Market 2019-2024 ($M) - Global Industry Research
1.2 Capsule Market 2019-2024 ($M) - Global Industry Research
2.Global Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 (Volume/Units)
2.1 Pill Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Capsule Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 ($M)
3.1 Pill Market 2019-2024 ($M) - Regional Industry Research
3.2 Capsule Market 2019-2024 ($M) - Regional Industry Research
4.South America Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 ($M)
4.1 Pill Market 2019-2024 ($M) - Regional Industry Research
4.2 Capsule Market 2019-2024 ($M) - Regional Industry Research
5.Europe Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 ($M)
5.1 Pill Market 2019-2024 ($M) - Regional Industry Research
5.2 Capsule Market 2019-2024 ($M) - Regional Industry Research
6.APAC Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 ($M)
6.1 Pill Market 2019-2024 ($M) - Regional Industry Research
6.2 Capsule Market 2019-2024 ($M) - Regional Industry Research
7.MENA Global Glucosamine Supplement Market, By Dosage Form Market 2019-2024 ($M)
7.1 Pill Market 2019-2024 ($M) - Regional Industry Research
7.2 Capsule Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Glucosamine Supplements Market Revenue, 2019-2024 ($M)
2.Canada Glucosamine Supplements Market Revenue, 2019-2024 ($M)
3.Mexico Glucosamine Supplements Market Revenue, 2019-2024 ($M)
4.Brazil Glucosamine Supplements Market Revenue, 2019-2024 ($M)
5.Argentina Glucosamine Supplements Market Revenue, 2019-2024 ($M)
6.Peru Glucosamine Supplements Market Revenue, 2019-2024 ($M)
7.Colombia Glucosamine Supplements Market Revenue, 2019-2024 ($M)
8.Chile Glucosamine Supplements Market Revenue, 2019-2024 ($M)
9.Rest of South America Glucosamine Supplements Market Revenue, 2019-2024 ($M)
10.UK Glucosamine Supplements Market Revenue, 2019-2024 ($M)
11.Germany Glucosamine Supplements Market Revenue, 2019-2024 ($M)
12.France Glucosamine Supplements Market Revenue, 2019-2024 ($M)
13.Italy Glucosamine Supplements Market Revenue, 2019-2024 ($M)
14.Spain Glucosamine Supplements Market Revenue, 2019-2024 ($M)
15.Rest of Europe Glucosamine Supplements Market Revenue, 2019-2024 ($M)
16.China Glucosamine Supplements Market Revenue, 2019-2024 ($M)
17.India Glucosamine Supplements Market Revenue, 2019-2024 ($M)
18.Japan Glucosamine Supplements Market Revenue, 2019-2024 ($M)
19.South Korea Glucosamine Supplements Market Revenue, 2019-2024 ($M)
20.South Africa Glucosamine Supplements Market Revenue, 2019-2024 ($M)
21.North America Glucosamine Supplements By Application
22.South America Glucosamine Supplements By Application
23.Europe Glucosamine Supplements By Application
24.APAC Glucosamine Supplements By Application
25.MENA Glucosamine Supplements By Application
26.Paul Marienfeld, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Hecht Assistant, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Comdek Industrial, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cypress Diagnostics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Hemocue, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Kpg Product, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Danaher Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Ge Healthcare, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Nava Medic Asa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nutraceutix Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)