Global Chondroitin Sulfate Market Growth 2019-2024

SKU ID : LPI-13870950 | Publishing Date : 19-Feb-2019 | No. of pages : 165

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.
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.

According to this study, over the next five years the Chondroitin Sulfate market will register a 15.4% CAGR in terms of revenue, the global market size will reach US$ 2850 million by 2024, from US$ 1210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Chondroitin Sulfate business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Chondroitin Sulfate market by product type, application, key manufacturers and key regions and countries.

This study considers the Chondroitin Sulfate value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Pharmaceutical Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical
Dietary Supplements
Cosmetics
Veterinary Use

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Chondroitin Sulfate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Chondroitin Sulfate market by identifying its various subsegments.
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 share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption 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.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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  • By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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