(MENAFN- iCrowdNewsWire) Reports and Data has recently published a research report on global Glucosamine market to offer details about recent and emerging market insights to give a comprehensive overview to the users and investors. The report offers details about market size, revenue growth, restraints, growth opportunities and challenges. It also sheds light on players in the global Glucosamine market with details about global position, license agreement, business expansion plans, financial status, revenue contribution, and overall company profiling of each player. The global Glucosamine market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures.
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Teva Pharmaceutical Industries Ltd., Cargill, NOW Health Group, Inc., Mylan N.V., Health World Limited, Foodchem International Corporation, Atlina Life Sciences Pvt. Ltd., Schiff Nutrition International, Inc., Bio-gen Extracts Pvt. Ltd., Pharma Base S.A., CAPTEK Softgel International Inc., TSI Health Sciences, Inc., CellMark USA LLC, Wellable Marine Biotech Holding Limited, Spectrum Chemical Manufacturing Corporation, G.T.C. Union Group Ltd., and Golden-Shell Pharmaceutical Co. Ltd. are leading players operating in the global glucosamine market.
According to RND, the global Glucosamine market revenue is expected to expand at a XX% CAGR and reach USD XX billion between 2021 and 2028. Key factors driving global market revenue growth are rapid growth in the materials and chemical industry, increasing usage of perfumes, soaps and wide range of raw materials across various sectors such as healthcare and pharmaceutical, food and beverage, agriculture and paper. Based on type, the type 1 segment is expected to register highest revenue growth during the forecast period owing to rising awareness about green energy, and increasing adoption of eco-friendly and biodegradable products.
Asia Pacific is expected to register fastest revenue CAGR between 2021 and 2028. Rapid revenue growth is attributed to factors such as increasing investments in research and development activities, rapidly growing industrial sector and building and construction sector and high demand for raw material across various sectors.
Market segment analysis:
Form Outlook (Revenue, USD Billion; 2018-2028)
- Powder
- Tablets
- Capsules
- Gel
- Liquid
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Glucosamine Hydrochloride
- N-acetyl glucosamine
- Glucosamine Sulfate
- Others
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Application Outlook (Revenue, USD Billion; 2018-2028)
- Pharmaceutical Drugs
- Nutritional Supplements
- Food & Beverages
- Dairy Products
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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