Segmentation of Global Glucosamine Market
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Segmentation of Global Glucosamine Market
The Glucosamine market is segmented by Type into D-Glucosamine and N-Acetyl-Glucosamine; and by Application into Nutraceutical/Pharmaceutical, Feed Additives, and Food Ingredients. Global market by Volume in Metric Tons and Value in US$ is also included. Business profiles of 49 major companies are discussed in the report. The report serves as a guide to Glucosamine industry covering more than 240 companies that are engaged in Glucosamine R&D, processing, production, and distribution. Information related to recent product releases, product developments, partnerships, collaborations, mergers and acquisitions, ethical issues, regulatory affairs, and other areas of concern is also covered in the report. Compilation of Worldwide Patents and Research related to Glucosamine is also provided. Estimations and predictions are graphically illustrated by 202 exclusive exhibits for all geographic regions. http://bharatbook.com/market-research-reports/biotechnology-market-research-report/glucosamine.html
Report Highlights
This report may help strategists, investors, laboratories, contract research organizations, biotechnology & Healthcare companies, academic professionals, drug approval authorities, and other organizations to –
* Identify Market Opportunities
* Review and Analyze Global and Regional Markets
* Gauge Market Potential for your Products
* Identify Competition
* Use Market Research for exploring new areas
* Acquire Meaningful Guidelines for Strategic Planning
* Gear up for Market Entry
* Get Actionable Information
Market Research
Analytics and data presented in each report pertain to several parameters such as –
* Global and Regional Market Sizes, Market Shares, Market Trends
* Product (Global and Regional) Market Sizes, Market Shares, Market Trends
* Technology Trends
* Corporate Intelligence
* Key Companies By Sales, Brands, Products
* Other Strategic Business Affecting Data
Key Report Findings
Glucosamine is a material that naturally occurs in the joints of the body. It is synthesized by the body from glucose (sugar) and glutamine. Glucosamine helps in making and repairing cartilage in the body. As humans grow old, the ability of the body to produce Glucosamine from glucose and glutamine also declines due to a decrease in the enzyme that aids production of Glucosamine. When Glucosamine Sulfate is not available in sufficient quantities, there is a degeneration of the cartilage. Glucosamine supplements could restore the Glucosamine levels in the body and also repair joints that are destroyed by osteoarthritis or other wounds.
Global volume market for Glucosamine was reported at US$ 2.879 thousand metric tons in 2000. Glucosamine based products were classified as nutraceuticals in most countries worldwide. But now a number of countries (especially Europe) are permitting glucosamine products to be registered as pharmaceuticals. Products sold as drugs need to be approved by national medicines agencies, whereas nutraceuticals in general are governed by much less demanding food regulations. As a result of the US anti-dumping action against shrimp shells from India and the EU ban on seafood imports from China, there was a steep rise in the price of Glucosamine. But since the uplift of the ban price of glucosamine has more or less stabilized. Change in the status of Glucosamine from drug to food has led to the market being opened up. Since its entrance on the food market, glucosamine has tripled in sales. The recommended dose of glucosamine is 1,500mg. Putting that level into food may cause an issue, due to its taste and also the expense.
The introduction of combination products such as Vitabiotics’ Jointace [supplement] with collagen, glucosamine and chondroitin are undercutting sales for single glucosamine dietary supplements on the market. Glucosamine is traditionally sourced from shellfish, but one of the interesting areas in this field is the launch of vegetarian versions. Clearly, this opens up the supplement to a wider target market, and in addition prices are relatively stable compared to shellfish.
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