Glucosamine Supplements Market Growing at a CAGR of 6.8% During Forecast 2020-2025


Posted January 19, 2021 by Blessy_Joy

Increasing prevalence of chronic diseases such as diabetes, cancer & obesity and increasing adoption of glucosamine supplements in the pharmaceuticals industry is likely to aid in the market growth of glucosamine supplements market.

 
Glucosamine Supplements Market size is forecast to reach $1.54 billion by 2025, growing at a CAGR of 6.8% during the forecast period 2020-2025. Reduction in osteoarthritis-related pain and improved functioning in people with knee or hip osteoarthritis are the major factors driving the growth of the market. Increasing consumer awareness regarding the need for treatment of various joint, bone, and inflammatory diseases and increasing R &D by the key players present in the market by the is set to further enhance the overall market demand of glucosamine supplements during the forecast period 2020-2025. 

Key Takeaways
North America dominates the Glucosamine Supplements Market owing to the improper diet and hectic lifestyle and increasing bone-related problems. The Glucosamine Supplements Market scope for different regions will be provided in the final report.
Increasing prevalence of chronic diseases such as diabetes, cancer & obesity and increasing adoption of glucosamine supplements in the pharmaceuticals industry is likely to aid in the market growth of glucosamine supplements market.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Glucosamine Supplements Market report.
The high cost of glucosamine supplements and side effects such as stomach upset is poised to create hurdles for the Glucosamine Supplements Market.

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Geography - Segment Analysis
North America dominated the glucosamine supplements market in 2019 with a share of more than 41.3%, followed by Europe owing to the increase in the number of patients dealing with joint and bone pain and also for patients suffering from temporomandibular joint disorders. Growing dietary supplements consumption on account of the rising prevalence of arthritis among consumers coupled with the growing geriatric population and presence of key players that are in the market are also supporting in the growth of the market in this region.

Drivers – Glucosamine Supplements Market
Increasing prevalence of chronic diseases such as diabetes, cancer & obesity
Increasing adoption of glucosamine supplements in the pharmaceuticals industry


Glucosamine Supplements Industry Outlook: Glucosamine Supplements top 10 companies are Paul Marienfeld, Hecht Assistant, Reckitt Benckiser Group, Cypress Diagnostics, NOW Healthcare Group, HemoCue, KPG Products, Danaher Corporation, GE Healthcare, Jarror Formulas Inc., Nava medic ASA, and Nutraceutix Inc. among others.

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Issued By Blessy
Business Address IndustryARC
Country India
Categories Business
Tags glucosamine supplements market , glucosamine supplements market growth , glucosamine supplements market research , glucosamine supplements market share , glucosamine supplements market size
Last Updated January 19, 2021