PUBLISHER: Polaris Market Research | PRODUCT CODE: 1423959
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1423959
Glucosamine Market Share, Size, Trends, Industry Analysis Report, By Product, By Application, By Region, And Segment Forecasts, 2024 - 2032
The global glucosamine market size is expected to reach USD 1.39 billion by 2032, according to a new study by Polaris Market Research. The report "Glucosamine Market Share, Size, Trends, Industry Analysis Report, By Product (Glucosamine Sulfate, Glucosamine Hydrochloride, N-acetyl Glucosamine, Others), By Application (Supplement, Food & Beverages, Others), By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The product's usage in the production of nutritional supplements is expanding, specifically in supplements designed to prevent osteoarthritis among consumers. This broadening application scope is anticipated to drive demand in the upcoming years. As awareness about joint health and osteoarthritis prevention grows, consumers are seeking effective solutions. Nutritional supplements containing this product are becoming increasingly popular due to its potential benefits in preventing osteoarthritis. This demand is expected to rise as more people recognize the importance of proactive joint care and turn to nutritional supplements as a preventive measure. Consequently, the product's incorporation in these supplements is expected to fuel its demand in the market over the coming years.
The industry is expected to experience growth due to the rising number of vegan consumers. This trend is anticipated to drive the demand for products that cater to vegan dietary preferences. While the product is traditionally derived from crustaceans such as shrimp and crab, companies like Cargill and Cyanotech have introduced a pioneering approach by developing vegetarian glucosamine. This innovation involves extracting the ingredient from the 'aspergillus niger' fungi, offering a plant-based alternative that aligns with the preferences of vegan consumers.
The rising global population, coupled with the rapidly expanding healthcare sector and growing consumer awareness about joint and bone health, is anticipated to drive the incorporation of glucosamine into a variety of food and beverage products. Furthermore, the supportive regulatory framework in developed nations concerning the use of this ingredient in the production of food and beverages is expected to boost industry growth in the coming seven years.
However, there are challenges on the horizon. The increasing availability of substitutes such as fish oil and omega-3, which also offer joint health benefits, might pose a threat to the demand for glucosamine-containing products in the forecast period. As consumers have more options to choose from, the market for glucosamine-based products could face competition from these alternatives, impacting the overall demand for glucosamine in the food and beverage industry.
Glucosamine Market Report Highlights
Glucosamine sulfate segment dominated the market, as it widely used in the dietary and pharmaceutical applications
Glucosamine hydrochloride segment will grow at substantial pace, owing to its wide usage in dietary ingredient for joint health
Supplements held the largest share, primarily due to its usage in food supplement in daily staples
Asia Pacific dominated the market, owing to rising population, rise in disposable income, and surge in health & awareness among consumers
The global players include Alfa Chemical, Amway, Cargill, CELLMARK, Golden-Shell Pharmaceutical, Koyo Chemical, Laboratoires Expanscience, Nutramax Laboratories Consumer Care, and Simply Supplements.
Polaris Market Research has segmented the glucosamine market report based on product, application, and region:
Glucosamine, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Glucosamine Sulfate
- Glucosamine Hydrochloride
- N-acetyl glucosamine
- Others
Glucosamine, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Supplement
- Food and Beverage
- Others
Glucosamine, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Glucosamine Market Insights
- 4.1. Glucosamine Market - Industry Snapshot
- 4.2. Glucosamine Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing Aging Population
- 4.2.1.2. Rising Awareness of Health and Wellness
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Allergen Concerns
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Glucosamine Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Glucosamine Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Glucosamine, by Product, 2019-2032 (USD Million)
- 5.3. Glucosamine Sulfate
- 5.3.1. Global Glucosamine Market, by Glucosamine Sulfate, by Region, 2019-2032 (USD Million)
- 5.4. Glucosamine Hydrochloride
- 5.4.1. Global Glucosamine Market, by Glucosamine Hydrochloride, by Region, 2019-2032 (USD Million)
- 5.5. N-acetyl glucosamine
- 5.5.1. Global Glucosamine Market, by N-acetyl glucosamine, by Region, 2019-2032 (USD Million)
- 5.6. Others
- 5.6.1. Global Glucosamine Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Glucosamine Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Glucosamine Market, by Application, 2019-2032 (USD Million)
- 6.3. Supplement
- 6.3.1. Global Glucosamine Market, by Supplement, by Region, 2019-2032 (USD Million)
- 6.4. Food and Beverage
- 6.4.1. Global Glucosamine Market, by Food and Beverage, by Region, 2019-2032 (USD Million)
- 6.5. Others
- 6.5.1. Global Glucosamine Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Glucosamine Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Glucosamine Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Glucosamine Market - North America
- 7.3.1. North America: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.3.2. North America: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.3.3. Glucosamine Market - U.S.
- 7.3.3.1. U.S.: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.3.4. Glucosamine Market - Canada
- 7.3.4.1. Canada: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4. Glucosamine Market - Europe
- 7.4.1. Europe: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.2. Europe: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.3. Glucosamine Market - UK
- 7.4.3.1. UK: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.3.2. UK: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.4. Glucosamine Market - France
- 7.4.4.1. France: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.4.2. France: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.5. Glucosamine Market - Germany
- 7.4.5.1. Germany: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.6. Glucosamine Market - Italy
- 7.4.6.1. Italy: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.7. Glucosamine Market - Spain
- 7.4.7.1. Spain: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.8. Glucosamine Market - Netherlands
- 7.4.8.1. Netherlands: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.4.9. Glucosamine Market - Russia
- 7.4.9.1. Russia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5. Glucosamine Market - Asia Pacific
- 7.5.1. Asia Pacific: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5.3. Glucosamine Market - China
- 7.5.3.1. China: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.3.2. China: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5.4. Glucosamine Market - India
- 7.5.4.1. India: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.4.2. India: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5.5. Glucosamine Market - Malaysia
- 7.5.5.1. Malaysia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5.6. Glucosamine Market - Japan
- 7.5.6.1. Japan: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5.7. Glucosamine Market - Indonesia
- 7.5.7.1. Indonesia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.5.8. Glucosamine Market - South Korea
- 7.5.8.1. South Korea: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.6. Glucosamine Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.6.3. Glucosamine Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.6.4. Glucosamine Market - UAE
- 7.6.4.1. UAE: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.6.5. Glucosamine Market - Israel
- 7.6.5.1. Israel: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.6.6. Glucosamine Market - South Africa
- 7.6.6.1. South Africa: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.7. Glucosamine Market - Latin America
- 7.7.1. Latin America: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.7.2. Latin America: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.7.3. Glucosamine Market - Mexico
- 7.7.3.1. Mexico: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.7.4. Glucosamine Market - Brazil
- 7.7.4.1. Brazil: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Glucosamine Market, by Product, 2019-2032 (USD Million)
- 7.7.5. Glucosamine Market - Argentina
- 7.7.5.1. Argentina: Glucosamine Market, by Application, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Glucosamine Market, by Product, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Alfa Chemical Group
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Amway
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Cargill, Incorporated
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. CELLMARK AB.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Golden-Shell Pharmaceutical
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Koyo Chemical Industry Co., Ltd
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Laboratoires Expanscience
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Nutramax Laboratories Consumer Care, Inc.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. SimplySupplements
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
List of Tables
- Table 1 Global Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 2 Global Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 3 Glucosamine Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 4 North America: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 5 North America: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 6 U.S.: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 7 U.S.: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 8 Canada: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 9 Canada: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 10 Europe: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 11 Europe: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 12 UK: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 13 UK: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 14 France: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 15 France: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 16 Germany: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 17 Germany: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 18 Italy: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 19 Italy: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 20 Spain: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 21 Spain: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 22 Netherlands: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 23 Netherlands: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 24 Russia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 25 Russia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 26 Asia Pacific: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 27 Asia Pacific: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 28 China: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 29 China: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 30 India: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 31 India: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 32 Malaysia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 33 Malaysia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 34 Japan: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 35 Japan: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 36 Indonesia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 37 Indonesia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 38 South Korea: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 39 South Korea: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 40 Middle East & Africa: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 41 Middle East & Africa: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 42 Saudi Arabia: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 43 Saudi Arabia: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 44 UAE: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 45 UAE: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 46 Israel: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 47 Israel: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 48 South Africa: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 49 South Africa: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 50 Latin America: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 51 Latin America: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 52 Mexico: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 53 Mexico: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 54 Brazil: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 55 Brazil: Glucosamine Market, by Product, 2019-2032 (USD Million)
- Table 56 Argentina: Glucosamine Market, by Application, 2019-2032 (USD Million)
- Table 57 Argentina: Glucosamine Market, by Product, 2019-2032 (USD Million)
List of Figures
- Figure 1 Global Glucosamine Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Global Glucosamine Market, by Application, 2022 & 2032 (USD Million)
- Figure 8 Market by Product
- Figure 9 Global Glucosamine Market, by Product, 2022 & 2032 (USD Million)
- Figure 10 Glucosamine Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 11 Strategic Analysis - Glucosamine Market
