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Chondroitin Sulfate Market: By Source, By Form, By Distribution Channel, By Application and Region Forecast 2019-2030
Chondroitin Sulfate Market: By Source, By Form, By Distribution Channel, By Application and Region Forecast 2019-2030
Chondroitin Sulfate Market size was estimated at US$ 1.28 billion in 2023 and is poised to grow at a CAGR of 3.7% from 2024-2030. Chondroitin sulphate is a sulfated glycosaminoglycan (GAG) made up of alternating sugars like N-acetylgalactosamine and glucuronic acid in a chain. Chondroitin sulphate is a naturally occurring chemical component of human connective tissues that is present in cartilage around bone joints. Chondroitin sulphate is typically made from animal sources such bovine, porcine, shark, and other marine animals. Market is a supplement that can help decrease the course of osteoarthritis while also reducing inflammation and pain. Joint function improves as a result of this.
Chondroitin sulphate is frequently combined with glucosamine. Chondroitin sulphate is also used as an eye drop for irritated eyes, and it has veterinary use as well. Chondroitin sulfate is popular supplements used to treat the pain and loss of function associated with osteoarthritis (OA). It may also help prevent cartilage breakdown from osteoarthritis. Many clinical studies have found that chondroitin can reduce joint pain and stiffness in people with osteoarthritis. About 53 percent trusted source of people who take chondroitin have a 20 percent or greater improvement in knee pain.
Chondroitin sulfate may cause a number of side effects. Possible side effects and potential health risks are noticed. Chondroitin sulfate is naturally present in the cartilage surrounding your joints. The chondroitin sulfate found in dietary supplements is usually produced from animal sources, such as cow cartilage. Mild stomach pain and nausea are the two side effects most frequently caused by chondroitin sulfate. Global market is surging owing to frequent acquisitions and launchings by the market players.
For Instance, in 2017, BSA Institute Biochimique SA conducted a clinical trial using Chondroitin vs Celecoxib vs Placebo Trial. The institute named the trial as CONCEPT. This trial showed that, pharmaceutical-grade chondroitin sulfate was effective as an anti-inflammatory drug when compared to Placebo Trial and Celecoxib. The trial also revealed that, chondroitin sulfate is effective for reducing joint pain and increasing the functionality of the joints among knee osteoarthritis patient.
Study Period
2024-2030Base Year
2023CAGR
3.7%Largest Market
Asia-PacificFastest Growing Market
North America
Factors such as increasing geriatric populations, growing applications in joint health supplements and rising health consciousness among people are favouring the market. However, fluctuating raw material prices and reactions caused such as skin rashes are hampering the market.
Global chondroitin sulfate market report gives comprehensive outlook on refinery catalysts across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific accounted for larger revenue share in global market with considerable CAGR. XX. Asia Pacific is anticipated to be one of the fastest growing regions owing to the presence of huge number of producers particularly in China, rising R & D investments and increasing consumer awareness about the product.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 1.28 billion |
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Market CAGR |
3.7% |
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By Source |
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By Form |
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By Distribution Channel |
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By Application |
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By Region |
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The key segments covered in the chondroitin sulfate market are: by source, form, distribution channel, application, and geography
The chondroitin sulfate market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The chondroitin sulfate market key players are: Hebei, Sanxin Industrial Group, TSI Group Ltd., Qingdao Wan toulmin Biological Products Co., Ltd, Sigma-Aldrich, Inc., TSI Group Ltd.
| 1.Executive Summary |
| 2.Global Chondroitin Sulfate Market Introduction |
| 2.1.Global Chondroitin Sulfate Market - Taxonomy |
| 2.2.Global Chondroitin Sulfate Market - Definitions |
| 2.2.1.Source |
| 2.2.2.Form |
| 2.2.3.Distribution Channel |
| 2.2.4.Region |
| 3.Global Chondroitin Sulfate Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Chondroitin Sulfate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Chondroitin Sulfate Market By Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Poultry |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Bovine |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Porcine |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Shark and Fish |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Chondroitin Sulfate Market By Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Tablets |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Capsules |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Powder |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Chondroitin Sulfate Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Indirect Sales |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Direct Sales |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Global Chondroitin Sulfate Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Chondroitin Sulfate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Poultry |
| 9.1.2.Bovine |
| 9.1.3.Porcine |
| 9.1.4.Shark and Fish |
| 9.1.5.Others |
| 9.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Tablets |
| 9.2.2.Capsules |
| 9.2.3.Powder |
| 9.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Indirect Sales |
| 9.3.2.Direct Sales |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Chondroitin Sulfate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Poultry |
| 10.1.2.Bovine |
| 10.1.3.Porcine |
| 10.1.4.Shark and Fish |
| 10.1.5.Others |
| 10.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Tablets |
| 10.2.2.Capsules |
| 10.2.3.Powder |
| 10.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Indirect Sales |
| 10.3.2.Direct Sales |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Chondroitin Sulfate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Poultry |
| 11.1.2.Bovine |
| 11.1.3.Porcine |
| 11.1.4.Shark and Fish |
| 11.1.5.Others |
| 11.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Tablets |
| 11.2.2.Capsules |
| 11.2.3.Powder |
| 11.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Indirect Sales |
| 11.3.2.Direct Sales |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Chondroitin Sulfate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Poultry |
| 12.1.2.Bovine |
| 12.1.3.Porcine |
| 12.1.4.Shark and Fish |
| 12.1.5.Others |
| 12.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Tablets |
| 12.2.2.Capsules |
| 12.2.3.Powder |
| 12.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Indirect Sales |
| 12.3.2.Direct Sales |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Chondroitin Sulfate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Poultry |
| 13.1.2.Bovine |
| 13.1.3.Porcine |
| 13.1.4.Shark and Fish |
| 13.1.5.Others |
| 13.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Tablets |
| 13.2.2.Capsules |
| 13.2.3.Powder |
| 13.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Indirect Sales |
| 13.3.2.Direct Sales |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.SAP SE |
| 14.2.2.IBM Corporation |
| 14.2.3.OpenText Corporation |
| 14.2.4.Pegasystems Inc. |
| 14.2.5.Software AG |
| 14.2.6.Tibco Software Inc. |
| 14.2.7.Fujitsu Ltd |
| 14.2.8.Oracle Corporation |
| 14.2.9.Cognizant Technology Solutions Corporation |
| 14.2.10.Capgemini SE |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.