Global Glucosamine Market to Grow 14% by 2022 - Food & Beverage is the Fastest Growing Application Segment - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Glucosamine Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.

The global glucosamine market is expected to grow at CAGR 14% during period 2016-2022.

Food & beverage is one of the fastest growing application segments. Europe and Asia Pacific are regions leading in food & beverage market growth. The global demand in food & beverage grew at CAGR 15% to over 11,700 tons in 2020. Japan is the fastest growing consumer market for glucosamine in food and beverage.

Nutritional supplement is leading application segment of glucosamine in the world with market share of 35% in 2015. Nutritional supplement market share of North America was 27% in 2015. The nutritional supplement market is growing fastest in US. With over 71% market share US accounted for largest market share in North America for glucosamine.

Growing geriatric population, increasing prevalence of joint pain disease and health conscious working people are the contributing factors towards nutritional supplement market growth. Asia Pacific is the fastest growing market for nutritional supplement in the world, with CAGR of 12.5% till 2022. Growing geriatric population in China, Japan, and Australia are the main drivers of nutritional supplement market in Asia Pacific. Dietary & nutritional supplements are in the form of pills, capsule, tablet or liquid form.

Companies Mentioned

  • Alcan Chemical Division
  • Alfa Chem
  • Cargill Inc
  • Fabrichem Inc
  • Golden Shell Biochemical Co Ltd
  • Koyo Chemical Company Ltd
  • Marine Biochemical Co Ltd
  • Navamedic Asa
  • Nutraceutix Inc
  • Nutrilite
  • Schiff Nutrition International Inc
  • Simpy Supplements
  • Synasia Inc.,
  • Triarco Industries Inc

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Global Glucosamine Market By Region (Revenue Analysis) 2014-2022 ($ Million)

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/8q6rc8/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Immune Disorders Drugs, Animal Pharmaceuticals

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Immune Disorders Drugs, Animal Pharmaceuticals