Los Angeles, CA -- (SBWire) -- 05/17/2019 --Chondroitin Sulfate is a Sulfated glycosaminoglycan (GAG) composed of a chain of alternating sugars (N-acetylgalactosamine and glucuronic acid). It is usually found attached to proteins as part of a proteoglycan. A chondroitin chain can have over 100 individual sugars, each of which can be Sulfated in variable positions and quantities. Chondroitin Sulfate is an important structural component of cartilage and provides much of its resistance to compression. Along with glucosamine, chondroitin Sulfate has become a widely used dietary supplement for treatment of osteoarthritis.
The Chondroitin Sulfate industry is concentrated in China. There are more than 200 manufacturers in the world, especially in China.
China is the largest producer (production 10200 MT in 2015), with the market share of 79%, and consumed 900 MT in 2015 of Chondroitin Sulfate, and China is an export country. Most Food grade exports to the United States, Pharmaceutical grade exports to the Europe.
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Unites States is an important consumption market of Chondroitin Sulfate, enjoying 61% consumption market share in 2015. In China, 60% of exports amount exported to the United States.
The global Chondroitin Sulfate market was 1210 million US$ in 2018 and is expected to 3960 million US$ by the end of 2025, growing at a CAGR of 16.0% between 2019 and 2025.
This report studies the Chondroitin Sulfate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Chondroitin Sulfate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
SANXIN
WanTuMing Biological
TSI Group
Yantai Dongcheng
Focus Chem
YBCC
Runxin Biotechnology
ISBA
Huiwen
QJBCHINA
Meitek (Synutra International)
Hengjie Bio-Pharmaceuticals
Nippon Zoki
GGI
Summit Nutritionals
Sioux Pharm
Ruikangda Biochemical
Guanglong Biochem
Pacific Rainbow
By the product type, the market is primarily split into
Food Grade
Pharmaceutical Grade
By the end users/application, this report covers the following segments
Pharmaceutical
Dietary Supplements
Cosmetics
Veterinary Use
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Chondroitin Sulfate market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Chondroitin Sulfate market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Chondroitin Sulfate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Chondroitin Sulfate with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Chondroitin Sulfate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Chondroitin Sulfate Market to Hit 3960 Million US$ by 2025: QY Research, Inc.