Chondroitin Sulfate Market Analysis & Forecast 2024-2030

Chondroitin Sulfate Market by Product (Food Grade, Pharmaceutical Grade ) by Application (Pharmaceutical, Dietary Supplements, Cosmetics, Veterinary Use ) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 1224          Category: Pharmaceutical          Region :  Global         Report Format :                  

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    Global Chondroitin Sulfate Market is expected to reach USD 831.54 million by 2030 with CAGR of 8.3% between 2024 and 2030

    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. Chondroitin sulfate is an important structural component important in the formation of cartilage which is found between joints (finger, knee, hip, etc). Thus, chondroitin sulfate provides much of its resistance to compression allowing for easy, painless movement. Chondroitin sulfate is usually manufactured from animal sources, such as shark and cow cartilage.  


    Chondroitin Sulfate has become a widely used dietary supplement for treatment of osteoarthritis. Chondroitin Sulfate is also effective for cataracts, urinary tract infections (utis), dry eyes, muscle soreness after exercise, acid reflux, painful bladder (interstitial cystitis), bone and joint disease (kashin-beck disease), heart attack, skin redness and irritation (psoriasis), overactive bladder, heart disease, weak bones (osteoporosis), high cholesterol. This is boosting investment in research and development which ultimately driving growth in this market.  


    North America and Europe are biggest chondroitin sulfate market due to high level of awareness amongst people and government efforts toward osteoarthritis diagnosis and its management, developed healthcare infrastructure, high prevalence of the disease in the region etc. China is the biggest chondroitin sulfate producer and exporter in the global Chondroitin Sulfate market accounting for 78% of the global market output in 2016. Most food grade exports are made to the United States while pharmaceutical grade exports are made to the Europe. Unites States is an important consumption market of Chondroitin Sulfate, enjoying 60% consumption market share in 2016.  


    Global Chondroitin Sulfate Market
     


    Chondroitin Sulfate Market : Product Type

    • Food Grade
    • Pharmaceutical Grade

    Chondroitin Sulfate Market : Application

    • Pharmaceutical
    • Dietary Supplements
    • Cosmetics
    • Veterinary Use

    Global Chondroitin Sulfate Market: Competitive Analysis

    Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Chondroitin Sulfate Market:

    • 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

    Geographical analysis of Chondroitin Sulfate Market :

    • North America
      • U.S.A
      • Canada
    • Europe
      • France
      • Germany
      • Spain
      • UK
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South East Asia
    • Latin America
      • Brazil
    • Middle East and Africa

    Global Chondroitin Sulfate Market Report delivers a comprehensive analysis of the following parameters:

    • Market Forecast for 2024-2030
    • Market growth drivers
    • Challenges and Opportunities
    • Emerging and Current market trends
    • Market player Capacity, Production, Revenue (Value)
    • Supply (Production), Consumption, Export, Import analysis
    • End user/application Analysis

    Report Coverage

    Parameters Details

    Base Year

    2023

    Historical Data

    2018-2023

    Forecast Data

    2024-2030

    Base Year Value (2023)

    USD 475.87 million

    Forecast Value (2030)

    USD 831.54 million

    CAGR (2022 to 2028)

    8.3 %

    Regional Scope

    North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW


    Frequently Asked Questions (FAQ)


    Chondroitin Sulfate Market was valued at around USD 475.87 million in 2023 & estimated to reach USD 831.54 million by 2030.




    Chondroitin Sulfate Market is likely to grow at compounded annual growth rate (CAGR) of 8.3% between 2024 to 2030.












    Yes, the report includes COVID 19 impact on the market.



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