Global Glucosamine Market, by Product Type (Powder, Tablets , Capsules, and Liquid), by Application (Rheumatoid Arthritis, Asthma, Inflammatory Bowel Disease, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 763.7 million in 2020 and is expected to register a CAGR of 5.2% over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.
Focusing on educational and research institutions in research and development activities is expected to propel the global glucosamine market growth. For instance, in 2018, the University of Siena initiated an investigational clinical study for the treatment of hand osteoarthritis with glucosamine. The study was completed in 2019, and results are yet to be disclosed by the University of Siena.
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Global Glucosamine Market – Impact of Coronavirus (COVID-19)
The COVID-19 epidemic has had a profound impact on every market in the world and is expected to affect the global glucosamine market.
Regulatory authorities have implemented various guidelines regarding the manufacture of active pharmaceutical ingredients and pharmaceutical products to avoid the spread of COVID-19 and to reduce contamination of active pharmaceutical ingredients over the manufacturing process.
In June 2020, according to a U.S. report. Food Drug and Administration (FDA), during the COVID-19 public health emergency, drug manufacturers should follow the following current good manufacturing practice (CGMP) regulations and recommendations regarding restriction of sick employees from production areas.
Any employee or worker in the production unit should be medically examined to determine if the person is infected with a contagious disease such as COVID-19.
If any of the individuals are experiencing COVID-19 symptoms, they shall be restricted from entering the production house premises of the company to avoid contamination of drugs and active pharmaceutical ingredients (API).
The global glucosamine market is expected to register significant growth over the forecast period due to research and development activities undertaken by educational and research institutions. For instance, in 2019, the Fred Hutchinson Cancer Research Center started the investigational clinical trial to study safety and efficacy of Glucosamine and Chondroitin in individuals suffering from inflammatory bowel diseases.
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Key Takeaways of the Global Glucosamine Market:
The global glucosamine market is expected to register a CAGR of 5.20% during the forecast period due to rising prevalence of various health disorders such as asthma and inflammatory bowel diseases. For instance, in 2018, according to the National Library of Medicine report published, an estimated 1.3% of US adults (3 million) were reportedly diagnosed with IBD (either Crohn’s disease or ulcerative colitis) in 2015.
On the basis of product type, the powder segment is estimated to register major market share in the global glucosamine market over the forecast period due to launch of glucosamine products indicated for the treatment of diseases such as rheumatoid arthritis.
Among application, the rheumatoid arthritis segment is estimated to hold major market share in the global glucosamine market over the forecast period, due to rising prevalence of rheumatoid arthritis globally.
Major players operating in the global glucosamine market such as Panvo Organics Pvt Ltd, Pharma Base S.A., Bio-gen Extracts Private Limited, TSI Health Sciences, Inc., CAPTEK Softgel International Inc., Cargill, Andra Medi Pharma Pvt. Ltd, CellMark Chemicals, Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC), Wellable Marine Biotech Holding Limited, JIAXING HENGJIE BIOPHARMACEUTICAL CO.,LTD., Zhejiang Shinfuda Marine Biotechnology Corp, Atlina Life Sciences and Spectrum Chemical Manufacturing Corporation.
Reasons to Purchase this Report
• Current and future of global Glucosamine market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Drivers and Restraints
- Opportunities
- Impact Analysis
- Recent Product launches and Approvals
- Pipeline Analysis
- Brand Analysis
- Regulatory Scenario
- PEST Analysis
- Epidemiology
- Reimbursement Scenario
- Acquisition
- Market Trend
- Global Glucosamine Market – Impact of COVID-19 Pandemic
- Economic Impact
- Government Initiatives
- COVID-19 Impact on Supply and Demand
- Global Glucosamine Market, By Product Type, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Tablets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Powder
- Introduction
- Global Glucosamine Market, By Application, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Rheumatoid Arthritis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Asthma
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Inflammatory Bowel Disease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Rheumatoid Arthritis
- Introduction
- Global Glucosamine Market, By Distribution Channel, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Hospital Pharmacies
- Introduction
- Global Glucosamine Market, By Region, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, For Countries, 2017–2027
- North America
- Introduction
- Market Size and Forecast, By Product Type , 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type , 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type , 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type , 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type , 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type , 2016–2027 (US$ Mn)
- Market Size and Forecast, By Application 2016–2027 (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016–2027 (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Bio-gen Extracts Private Limited
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Panvo Organics Pvt Ltd
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Pharma Base S.A.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- CAPTEK Softgel International Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- TSI Health Sciences, Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Cargill
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- CellMark Chemicals
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Andra Medi Pharma Pvt.Ltd
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Zhejiang Zhoushan Putuo Xinxing Pharmas Co., Ltd. (PXPC)
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- JIAXING HENGJIE BIOPHARMACEUTICAL CO.,LTD
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies. ,
- Wellable Marine Biotech Holding Limited
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Zhejiang Shinfuda Marine Biotechnology Corp
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Spectrum Chemical Manufacturing Corporation
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Atlina Life Sciences
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Schiff Nutrition International, Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Golden-Shell Pharmaceutical Co. Ltd
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Bio-gen Extracts Private Limited
- Company Profiles
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