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Global Glucosamine Hydrochloride Market Insight February 8, 2022 Comments

The glucosamine hydrochloride is forecast to rise steadly over the next four years. According to the WK-chem Research “Global Glucosamine Hydrochloride Professional Survey Report 2022, Forecast to 2027”, The increase in the number of arthritis cases and the increase in the obese population are the main factors driving the growth of the global glucosamine hydrochloride Market.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 5.09% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
“From the current industry situation, the glucosamine hydrochloride Market is scattered, the industry concentration is low, and the industry access threshold is low. Enterprises in the investment wait-and-see period can seize the opportunity.”said Selena, Senior analyst, Chemicals Goods Market Research Center in WK-chem Research.” In addition, with the increase of allergy cases and the number of vegetarians, vegetarian glucosamine has broad development space.”
Market insight:
Glucosamine hydrochloride is a form of glucosamine. Glucosamine hydrochloride is an amino sugar, which is produced by the fermentation of wheat, corn and other cereals or the hydrolysis of shellfish exoskeleton. Glucosamine hydrochloride can be used to treat rheumatoid arthritis, osteoarthritis, glaucoma, joint pain, mandibular disease called temporomandibular joint disease (TMD) and many other diseases. With the aggravation of population aging, the number of joint diseases is increasing, and the global demand for glucosamine hydrochloride is increasing, which promotes the growth of the global glucosamine hydrochloride Market. In addition, glucosamine hydrochloride can also be used to produce dietary supplements. The shift of the global population to a sedentary working lifestyle is expected to drive demand for a variety of dietary supplements. In turn, this is expected to drive the glucosamine hydrochloride Market during the forecast period.
However, shifting market trends from standalone formulations to combination dietary supplements wherein other ingredients are added to increase the value of the final product is expected to result in lower concentrations of the active ingredient resulting in decreased demand which is expected to act as a restraint to the industry.
Competition Landscape:
The main players in the glucosamine hydrochloride market are KOYO Chemical, Cargill, YSK, Bayir Chemicals, Panvo Organics, TSI, Wellable Marine Biotech, Golden-Shell Pharmaceutical, Aoxing Biotechnology, Yangzhou Rixing Bio-Tech, Fengrun Biochemical, Dongcheng Biochemical, Chengyi Pharmaceutical and others.
Segmentation of Glucosamine Hydrochloride Market:
According to the type, the global glucosamine hydrochloride Market can be divided into shellfish glucosamine hydrochloride and vegetarian glucosamine hydrochloride. Among them, vegetarian glucosamine hydrochloride occupies the leading position in the market. Because it is considered safe for food and beverages, it is estimated that it will drive the market in the next few years. According to the application, the global glucosamine hydrochloride Market can be divided into nutritional supplements, food and beverage, dairy products and others. Among them, nutritional supplements occupy the largest market share. Because it is widely used to maintain joint and bone health. With the intensification of population aging and the improvement of health awareness, it will promote the growth of this market segment.
Glucosamine Hydrochloride Market: Regional Analysis
In terms of geography, the global glucosamine hydrochloride market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.The Asia Pacific region currently dominates the global glucosamine hydrochloride Market. Due to the increasing demand for nutritional supplements by the population in the region, it is estimated that the market in the region will continue to expand during the forecast period and continue to be in the leading position in the global glucosamine hydrochloride Market. In addition, the glucosamine hydrochloride Market in North America will also grow greatly, and the United States is the main country of glucosamine hydrochloride in this region. In the past few years, glucosamine hydrochloride has been used as an unregulated dietary supplement in the United States. Due to the rising prevalence of arthritis among consumers, the consumption of dietary supplements has increased. It is expected that the increase of the elderly population will also promote the market expansion in the region during the forecast period.
Cagr: 5.09%

Largest share area:Asia Pacific
Largest share country:China
Product Type:shellfish glucosamine hydrochloride and vegetarian glucosamine hydrochloride
Application:nutritional supplements, food and beverage, dairy products and others
Leading Company: Cargill, TSI, KOYO Chemical, Wellable Marine Biotech, Aoxing Biotechnology