Chondroitin Market Is Expected to Reach 3710 Million US$ by 2025, QY Research

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Los Angeles, CA -- (SBWire) -- 12/07/2018 --This report studies the Chondroitin market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; 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.

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.

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 market, there will be more manufactures in the future due to development of synthetic mica.

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Chondroitin Industry is relatively old, but there is relatively big market in new downstream industry is untapped. So investment for Chondroitin is promising.

The global Chondroitin market was 1210 million US$ in 2017 and is expected to 3710 million US$ by the end of 2025, growing at a CAGR of 15.0% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Chondroitin in these regions, from 2013 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

Shandong Dongcheng

TSI

Focus Chem

SANXIN GROUP

Yibao Group

Jiaixng Hengjie

Qingdao Green-Extract

IBSA

QJBCHINA

Nippon Zoki

GGI

Summit Nutritionals

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

Pharmacy

Health Products

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