Pune, India -- (SBWire) -- 05/08/2020 --Infinium Global Research has recently published a global report on "Chondroitin Sulfate Market (Source - Poultry, Bovine, Porcine, and Other Sources; Application - Pharmaceutical, Cosmetics, Dietary Supplements, Veterinary Use, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025"
Chondroitin sulfate is present in cartilage around the joints. The various sources of chondroitin sulfate are animals such as shark, cow, and others. The rising FDA approvals for uses of chondroitin sulfate propel market growth. The report provides in-depth information about the chondroitin sulfate market which is expected to grow at a CAGR of 3.2% over the forecast period of 2019-2025.
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Increasing the Use of Chondroitin Sulfate in the Pet Food Industry
The growing use of chondroitin sulfate in different end-use industries drives the growth of the chondroitin sulfate market. The rising use of chondroitin sulfate in the treatment of joint pain and inflammation contributes to the growth of the chondroitin sulfate market. Chondroitin sulfate has the ability to slow down the cartilages tearing propelling its use in osteoporosis. The rising pharmaceutical and personal care industry boosts the growth of the chondroitin sulfate market.
Chondroitin sulfate is used in lotions, creams, and other cosmetic products due to its beneficial properties such as anti-inflammatory and it moisturizes and soothes the skin. Furthermore, increasing the use of chondroitin sulfate in the pet food industry propels the growth of the chondroitin sulfate market. On the flip side, fluctuations in raw material costs hinder the growth of the chondroitin sulfate market. Moreover, research and development stimulate innovative applications of chondroitin sulfate that creates several opportunities for the growth of the chondroitin sulfate market.
"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on Chondroitin Sulfate Market is Included in the Report for Free."
North America is Expected to Have a Premium Share
Geographically, the global chondroitin sulfate market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to have a premium share in the global chondroitin sulfate market. The growing adoption of pets and the rising pet food industry in North America contributes to the growth of the chondroitin sulfate market in North America.
Asia-Pacific region is anticipated to grow in the global chondroitin sulfate market with a healthy CAGR of the chondroitin sulfate market. The rising prevalence of orthopedic diseases due to a sedentary lifestyle in the Asia-Pacific region stimulates the growth of the chondroitin sulfate market in Asia-Pacific. Europe is growing in the global chondroitin sulfate market owing to the rising use of personal care products and the growing use of chondroitin sulfate in cosmetic products.
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Chondroitin Sulfate Market Coverage
Chapter - 1 Preface
=> Report Description
=> Research Methods
=> Research Approaches
Chapter - 2 Executive Summary
=> Chondroitin Sulfate Market Highlights
=> Chondroitin Sulfate Market Projection
=> Chondroitin Sulfate Market Regional Highlights
Chapter - 3 Global Chondroitin Sulfate Market Overview
=> Introduction
=> Market Dynamics
=> Porter's Five Forces Analysis
=> IGR-Growth Matrix Analysis
=> Value Chain Analysis of Chondroitin Sulfate Market
Chapter - 4 Chondroitin Sulfate Market Macro Indicator Analysis
Chapter - 5 Global Chondroitin Sulfate Market by Source
=> Poultry
=> Bovine
=> Porcine
=> Other Sources
Chapter - 6 Global Chondroitin Sulfate Market by Application
=> Pharmaceutical
=> Cosmetics
=> Dietary Supplements
=> Veterinary Use
=> Other Applications
Chapter - 7 Global Chondroitin Sulfate Market by Region 2019-2025
=> North America
=> Europe
=> Asia-Pacific
=> RoW
Chapter - 8 Company Profiles and Competitive Landscape
=> Shandong Runxin Biotechnology Co., Ltd.
=> Pacific Rainbow International, Inc.
=> Sioux Pharm, Inc.
=> TSI Group Ltd.
=> Synutra International, Inc.
=> Yantai Ruikangda Biochemical Products Co., Ltd.
=> Summit Nutritionals International, Inc.
=> Bioiberica, S.A.U.
=> Seikagaku Corporation
=> Sioux Pharm, Inc.
Chapter - 9 Appendix
=> Primary Research Findings and Questionnaire
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