Market Size of Glucosamine Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.80 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Glucosamine Market Analysis
The Global Glucosamine Market is projected to register a CAGR of 3.8% over the forecast period (2020-2025). Glucosamine is a common supplement used for the treatment of knee osteoarthritis.
- Glucosamine is legally regarded as a dietary supplement in the United States. However, it is a prescribed drug in Europe. Increased sedentary lifestyle among the general population in these regions is increasing the incidence of bone and joint conditions which has propped up the market for bone and joint supplements such as glucosamine.
- Glucosamine is also being used in combination with other ingredients such as collagen peptides, hyaluronic acid, vitamins, and traditional herbs. The increased health consciousness of consumers is expected to propel the market for glucosamine further during the forecast period.
