Application insights
The global glucosamine market size was 29,087.3 tons in 2014. An increasing number of arthritis cases globally coupled with the rising obese population is expected to propel product demand over the forecast period. The product helps in relieving joint pain which is anticipated to propel its utilization among the geriatric population over the next seven years
Constant Growth
The product has been increasingly used in the manufacturing of dietary supplements. Rising focus towards the production of vegetarian glucosamine, as these are considered safe for consumption in food & beverages, is expected to propel industry growth over the next seven years
Regional Insights
The U.S. was one of the largest glucosamine markets accounting for over 30.0% in terms of volume in 2014. The product has been used as an unregulated dietary supplement in the economy over the past few years. Growing dietary supplements consumption on account of the rising prevalence of arthritis among consumers coupled with the growing geriatric population is expected to fuel product demand over the forecast period.
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