The report highlights increasing the use of glucosamine supplements to improve bone & joint health. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the glucosamine market.
The glucosamine market is bifurcated into product type, form, and end-use industry. Based on product type, the market is segmented into glucosamine sulfate, glucosamine hydrochloride, n-acetyl glucosamine, and others. In 2022, the glucosamine hydrochloride segment accounted for the highest market share in the glucosamine market. The form segment is categorized into tablets, powder, liquid, and others. Based on form, the powder segment accounted for the highest market share in 2022. Based on end-use industry, the market is segmented into pharmaceuticals, nutritional supplements, food & beverages, dairy, and others. In 2022, the nutritional supplements segment accounted for the highest market share in the overall glucosamine market.Get Free Sample
|Report Attributes||Report Details|
|By Product Type||Glucosamine Sulfate, Glucosamine Hydrochloride, N-acetyl Glucosamine, and Others|
|By Form||Tablets, Powder, Liquid, and Others|
|By End-use Industry||Pharmaceuticals, Nutritional Supplements, Food & Beverages, Dairy, and Others|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as Nutralife Health Products Inc., Cargill, Inc., Blackmores Ltd., and Glanbia plc. which have a strong market position in current market circumstances. Further, the glucosamine market is expected to witness significant growth in the coming years due increasing use of glucosamine supplements to boost bone & joint health. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.