Los Angeles, CA -- (SBWIRE) -- 02/06/2019 -- "QY Research has come up with a newly published report on global Chondroitin market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Chondroitin market size and CAGR of the important segments, thus providing quick relevant information about the global Chondroitin market.
The global Chondroitin market is valued at 1210 million US$ in 2018 is expected to reach 3710 million US$ by the end of 2025, growing at a CAGR of 15.0% during 2019-2025.
Chondroitin is a chondrin derivative, generally is Chondroitin Sulfate. 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.
Unites States is an important consumption market of Chondroitin, enjoying 65% consumption market share in 2015. In China, 60% of exports amount exported to the United States.
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Market competition is intense. Dongcheng, TSI, and Focus Chem, etc are the leaders of the industry, and hold key technologies, with high-end customers, However, with further expanding the market, there will be more manufacturers in the future due to development of synthetic mica. Chondroitin Industry is relatively old, but there is a relatively big market in the new downstream industry is untapped. So investment for Chondroitin is promising.
This report focuses on Chondroitin volume and value at the global level, regional level and company level. From a global perspective, this report represents an overall Chondroitin market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At the company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Major Key Manufacturers of Chondroitin Market are:
Shandong Dongcheng
TSI
Focus Chem
SANXIN GROUP
Yibao Group
Jiaixng Hengjie
Qingdao Green-Extract
IBSA
QJBCHINA
Nippon Zoki
GGI
Summit Nutritionals
Chondroitin market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
Food Grade
Pharmaceutical Grade
Major Application as follows:
Pharmacy
Health Products
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The Chondroitin report is designed in a method that assists clients to acquire a complete knowledge of the overall market scenario and the important sectors.
This report consists of a detailed overview of Chondroitin market dynamics and comprehensive research.
Explore further Chondroitin market opportunities and identify high potential categories based on detailed volume and value analysis.
Detail information on competitive landscape, Chondroitin recent market trends and changing technologies that can be useful for the companies which are competing in the Chondroitin industry.
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