Global Chondroitin Sales Market Revenue Status and Forecast to 2022

This report studies the global Chondroitin market status and forecast, categorizes the global Chondroitin market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Chondroitin is a chondrin derivative, generally is Chondroitin sulfate.

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Chondroitin sulfate is a sulfated glycosaminoglycan (GAG) composed of a chain of alternating sugars (N-acetylgalactosamine and glucuronic acid). It is usually found attached to proteins as part of a proteoglycan. A chondroitin chain can have over 100 individual sugars, each of which can be sulfated in variable positions and quantities. Chondroitin sulfate is an important structural component of cartilage and provides much of its resistance to compression. Along with glucosamine, chondroitin sulfate has become a widely used dietary supplement for treatment of osteoarthritis.

Unites States is an important consumption market of Chondroitin, enjoying 65% consumption market share in 2015. In China, 60% of exports amount exported to the United States.

Market competition is intense. Dongcheng, TSI, and Focus Chem, etc are the leaders of the industry, and hold key technologies, with high-end customers, However, with further expanding market, there will be more manufactures in the future due to development of synthetic mica.

Chondroitin Industry is relatively old, but there is relatively big market in new downstream industry is untapped. So investment for Chondroitin is promising.

The global Chondroitin market is valued at 1210 million US$ in 2017 and will reach 3710 million US$ by the end of 2025, growing at a CAGR of 15.0% during 2018-2025.

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