GLUCOSAMINE MARKET SIZE Scope of the Study Glucosamine report covers the types of Glucosamine and the various Applications of Glucosamine. The types of Glucosamine covered include D-Glucosamine and N-Acetyl-Glucosamine. The Applications of Glucosamine include Nutraceuticals/Pharmaceuticals, Feed Additives, Food Ingredients and Other (such as Cosmetology and Research and Development). The report provides a market analysis of each of the types and applications by their respective categories. The study includes estimates and projections for the total global Glucosamine market and also key regional markets that include North America, Europe, China, AsiaPacific (excluding China) and Rest of World. Estimates and projections are illustrated graphically. Business profiles of 49 major companies engaged in glucosamine production and glucosamine derived products are discussed in the report. The report serves as a guide to global Glucosamine industry, covering more than 245 companies that are engaged in the production, development, and supply of Glucosamine. Major glucosamine derived products are also discussed in the report. Companies producing glucosamine derived nutritional supplements, feed additives, food ingredients, and other related products are also mentioned. Information related to recent product releases, product developments, partnerships, collaborations, and mergers and acquisitions is also covered in the report. Glucosamine report is an ideal research tool providing strategic business intelligence to the corporate sector. This report may help strategists, investors, laboratories, pharmaceutical companies, contract research organizations, biotechnology companies and drug approval authorities in –
Gauging Competitive Intelligence Identifying Key Growth Areas and Opportunities Understanding Geographic Relevance to Product Knowing Regional Market Sizes and Growth Opportunities and Restraints Keeping Tab on Emerging Technologies Equity Analysis Tapping New Markets
Analytics and data presented in this report pertain to several parameters such as –
Global and Regional Market Sizes, Market Shares, Market Trends Product (Global and Regional) Market Sizes, Market Shares, Market Trends Technology Trends Corporate Intelligence Key Companies By Sales, Brands, Products Consumer Behavioral Patterns Other Strategic Business Affecting Data
Research Methodology RI Technologies publishes business intelligence reports by going through a cycle of diligent research and analysis activity. Research is done using both online and offline resources. The study outline of this report is sketched on the following lines – global market analysis, regional market analysis, product segmentation, global and regional market analysis by product segment, market trends, M&A, R&D, competitive landscape,
RITMIR017: Glucosamine – A Market Insight Report, July 2013 © RI Technologies - www.researchimpact.com
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technology trends, and other key drivers. Current data helps in analyzing the future of the industry and is also helpful for doing market evaluations, and estimating the market size for the future.
This report is uniquely researched and the methodology includes:
Need and Scope of Study
Product Definitions
Segmental Analysis
Regional Analysis
Exclusive Data Analytics
Corporate Intelligence
Feedback
Right from concept to final compilation of this report, both primary and secondary research methods are applied. We have provided exclusive feedback forms/pre-release questionnaires for this report to use the information for authentication of our own findings. Secondary research includes government publications, investment research reports, web based surveys, website information of both companies and markets, and other offline resources such as print publications and CDs. Our compilation of easy to navigate PDF reports are essential value addition resources for leading and growing companies.
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II. REPORT SYNOPSIS Joint Supplements A Supplement in common terms is defined as any substance providing elements to support or build the body, develop the potentials of the body or any task of the body, synthesize essential elements of the body, or to provide the elements which the body is unable to synthesize or failing produce in amounts necessary. These supplements are named depending on the site of their functioning for example joint supplements provide energy in the junctions of the bones. Joint supplements are used as they are advantageous in
Reconstruction of the damaged or worn out joint tissues and fluids,
Elimination of irritations and pain causing poisons from the body and
As an analgesic which decreases the pain in the joints of the patients.
The joint supplement is designed or developed keeping in view that it not only helps the reconstruction of the joints but also relieves the patient from pain and removes the toxins causing allergies and other detrimental effects. The supplements should not only provide relief to the patients but also should be helpful in repairing the damaged tissue and in the process should not harm the patient. Supplements now are taking a significant place in the diet of the humans and animals due to the numerous and changed life styles adapted in the present living systems. The choice of the supplement should be done depending on the
Requirement of the body
Ingredients of the supplement
Properties of the ingredients present in the supplement
Production conditions of the supplements and
Company synthesizing the supplements.
The choice could be simple if one chooses the supplements to relieve pain and which cause no effects during the course of their use. Steroids, NSAIDs or other medications give a temporary relief to the patient but on continuous use cause adverse effects on the other organs of the body. So, the use of steroids, NSAIDs or other medications as supplements should be avoided. In some cases, the use of the stronger NSAIDs or prescription arthritis medications becomes necessary and unavoidable. In such situations, the combined use of the stronger NSAIDs or prescription arthritis medications along with the joint supplements would reduce the risk of damage of other organs and accumulation of toxins in the body. The performance of the drug to cure the patient would also increase. Not always the mixing of the drug and the joint supplement provide the cure to the patient but the combination may sometimes result in chemical reactions between them causing harm to the patient.
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Glucosamine Glucosamine is a material that naturally occurs in the joints of the body. It is synthesized by the body from glucose (sugar) and glutamine. Glucosamine helps in making and repairing cartilage in the body. As humans grow old, the ability of the body to produce Glucosamine from glucose and glutamine also declines due to a decrease in the enzyme that aids production of Glucosamine. When Glucosamine Sulfate is not available in sufficient quantities, there is a degeneration of the cartilage. Glucosamine supplements could restore the Glucosamine levels in the body and also repair joints that are destroyed by osteoarthritis or other wounds. Glucosamine is present in five different forms:
D-Glucosamine Hydrochloride (HCl)
D-Glucosamine Sulphate (2 molecules of KCl)
D-Glucosamine Sulphate NaCl
N-Acetyl-Glucosamine (NAG)
Poly N-Acetyl-Glucosamine (Poly NAG)
The IUPAC name for Glucosamine is “D-Glucosamine”. This name is not valid for N-Acetyl-Glucosamine (NAG) and Poly N-Acetyl-Glucosamine (Poly NAG).
Segmentation of Glucosamine Exhibit 1. Segmentation of Global Glucosamine Market by Type and by Application Type
Application
D-Glucosamine
Nutraceuticals/Pharmaceuticals
N-Acetyl-Glucosamine
Feed Additives Food Ingredients *Other
*Other includes Cosmetology, Research and Development © RIT, 2013
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Global Market Analysis Global Market for Glucosamine is estimated at US$ XX.XX billion in 2012 and is projected to reach US$ XX.XX billion by 2020 growing at a CAGR of XX.XX % during the analysis period (2000-2020). Exhibit 2. Glucosamine – Global Value Market Historic Analysis (2000-2005) in US$ Million Year
Value
2000
XX.XX
2001
XX.XX
2002
XX.XX
2003
XX.XX
2004
XX.XX
2005
XX.XX
CAGR%
XX.XX
© RIT Figures, 2013
US$ Million
2000
2001
2002
2003
2004
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2005
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Exhibit 3. Glucosamine – Global Value Market Estimations & Predictions (2005-2020) in US$ Billion Year
Value
2005
XX.XX
2006
XX.XX
2007
XX.XX
2008
XX.XX
2009
XX.XX
2010
XX.XX
2011
XX.XX
2012
XX.XX
2013
XX.XX
2014
XX.XX
2015
XX.XX
2016
XX.XX
2017
XX.XX
2018
XX.XX
2019
XX.XX
2020
XX.XX
CAGR%
XX.XX
© RIT Figures, 2013
US$ Billion
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
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III. MARKET DYNAMICS Market Overview Glucosamine based products were classified as nutraceuticals in most countries worldwide. But now a number of countries (especially Europe) are permitting glucosamine products to be registered as pharmaceuticals. Products sold as drugs need to be approved by national medicines agencies, whereas nutraceuticals in general are governed by much less demanding food regulations. As a result of the US anti-dumping action against shrimp shells from India and the EU ban on seafood imports from China, there was a steep rise in the price of Glucosamine. But since the uplift of the ban price of glucosamine has more or less stabilized. Change in the status of Glucosamine from drug to food has led to the market being opened up. Since its entrance on the food market, glucosamine has tripled in sales The recommended dose of glucosamine is 1,500mg. Putting that level into food may cause an issue, due to its taste and also the expense. Coca-Cola branched out into glucosamine in the US with fortified juice Minute Maid Active, while Smooth Walking, an energy drink aimed at people over 40 who want to keep agile, was launched in Japan. However, glucosamine fortified drinks haven't seen much success in Europe. In 2005 Complan Active, a glucosamine fortified juice for seniors, was discontinued. Delamere Dairy's Top Life Prime Time goat's milk fortified with glucosamine and chondroitin met a similar fate in 2007, after just a year on the market. Growth of the Glucosamine market is bound to continue, mainly driven by the following three factors:
More number of countries are permitting the registration of glucosamine based drugs
Increasing usage of glucosamine in the treatment of Osteoarthritis
There is a constant increase in occurrence of Osteoarthritis mainly due to the ageing population
Glucosamine supplements have witnessed healthy sales worldwide. But with a constant stream of new products saturating the market, manufacturers are starting to consider new applications for the amino sugar and have found the food industry the most promising. The introduction of combination products such as Vitabiotics' Jointace [supplement] with collagen, glucosamine and chondroitin are undercutting sales for single glucosamine dietary supplements on the market.
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Global Market Analysis Global Glucosamine market in terms of volume was reported at about XX.XX thousand metric tons in 2012. The market during 2000 -2020 grew at a CAGR of XX.XX % to reach XX.XX thousand metric tons in 2020. Exhibit 4. Glucosamine – Global Volume Market Analysis (2000-2005) by Geographic Region for North America, Europe, China, Asia-Pacific and Rest of World in Metric Tons Year/Region
North America
Europe
China
Asia-Pacific
Rest of World
Total
2000
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2001
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2002
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2003
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2004
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2005
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
CAGR%
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
© RIT Figures, 2013
US$ Million
2000 North America
2001
2002 Europe
2003 China
2004 Asia-Pacific
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2005 Rest of World
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Exhibit 5. Glucosamine – Global Volume Market Analysis (2005-2020) by Geographic Region for North America, Europe, China, Asia-Pacific and Rest of World in Metric Tons Year/Region
North America
Europe
China
Asia-Pacific
Rest of World
Total
2005
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2006
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2007
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2008
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2009
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2010
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2011
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2012
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2013
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2014
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2015
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2016
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2017
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2018
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2019
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2020
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
CAGR%
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
© RIT Figures, 2013
US$ Million
2005
2006
2007
2008
North America
2009
2010 Europe
2011
2012
2013
China
2014
2015
2016
2017
Asia-Pacific
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2018
2019
2020
Rest of World
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Exhibit 6. Glucosamine – Global Volume Market Shares (2000, 2015 &2020) by Geographic Region for North America, Europe, China, Asia-Pacific and Rest of World in Metric Tons Year/Region
North America
Europe
China
Asia-Pacific
Rest of World
Total
2000
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2015
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
2020
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
CAGR%
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
XX.XX
© RIT Figures, 2013
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Analysis by Type D-Glucosamine market is the largest type globally and is estimated at US$XX.XX billion in 2012 with a market share of XX.XX % (2012) and is forecast to reach US$ XX.XX billion by 2020 with a CAGR of XX.XX %. N-Acetyl is the faster growing with a CAGR of XX.XX % during the analysis period. Exhibit 7. Glucosamine -Global Value Market Estimations & Predictions (2000-2005) by Type for DGlucosamine and N-Acetyl-Glucosamine in US$ Million Year/Type
D-Glucosamine
N-Acetyl Glucosamine
Total
2000
XX.XX
XX.XX
XX.XX
2001
XX.XX
XX.XX
XX.XX
2002
XX.XX
XX.XX
XX.XX
2003
XX.XX
XX.XX
XX.XX
2004
XX.XX
XX.XX
XX.XX
2005
XX.XX
XX.XX
XX.XX
CAGR%
XX.XX
XX.XX
XX.XX
© RIT Figures, 2013
US$ Million
2000
2001 D-Glucosamine
2002
2003
2004
2005
N-Acetyl Glucosamine
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Exhibit 8. Glucosamine -Global Value Market Estimations & Predictions (2005-2020) by Type for DGlucosamine and N-Acetyl-Glucosamine in US$ Million Year/Type
D-Glucosamine
N-Acetyl Glucosamine
Total
2005
XX.XX
XX.XX
XX.XX
2006
XX.XX
XX.XX
XX.XX
2007
XX.XX
XX.XX
XX.XX
2008
XX.XX
XX.XX
XX.XX
2009
XX.XX
XX.XX
XX.XX
2010
XX.XX
XX.XX
XX.XX
2011
XX.XX
XX.XX
XX.XX
2012
XX.XX
XX.XX
XX.XX
2013
XX.XX
XX.XX
XX.XX
2014
XX.XX
XX.XX
XX.XX
2015
XX.XX
XX.XX
XX.XX
2016
XX.XX
XX.XX
XX.XX
2017
XX.XX
XX.XX
XX.XX
2018
XX.XX
XX.XX
XX.XX
2019
XX.XX
XX.XX
XX.XX
2020
XX.XX
XX.XX
XX.XX
CAGR%
XX.XX
XX.XX
XX.XX
© RIT Figures, 2013
US$ Million
2005
2006
2007
2008
2009
2010
D-Glucosamine
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
N-Acetyl Glucosamine
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Exhibit 9. Glucosamine -Global Value Market Shares (2000, 2015 &2020) by Type for D-Glucosamine and N-Acetyl-Glucosamine in US$ Million Year/Type
D-Glucosamine
N-Acetyl Glucosamine
Total
2000
XX.XX
XX.XX
XX.XX
2015
XX.XX
XX.XX
XX.XX
2020
XX.XX
XX.XX
XX.XX
CAGR%
XX.XX
XX.XX
XX.XX
© RIT Figures, 2013
IV. PRODUCT TECHNOLOGY/RESEARCH Exhibit 10. List of Available Glucosamine based Drugs Trade Name
Company
Composition
Indication
AB AUSBIOBONE
Max Biocare Pty. Ltd. (Australia)
Glucosamine Sulfate, Chondroitin Sulfate-shark & Manganese
Arthritis, Osteoarthritis, Rheumatism, Gout & Back Pain
AB Carsa Giox
Max Biocare Pty. Ltd. (Australia)
Ginger, Glucosamine & Chondroitin Sulfate
Low Back pain, Osteoarthritic Pain, Rheumatism & Osteoarthritis
AB GLUCOSAMINE
Max Biocare Pty. Ltd. (Australia)
Glucosamine Sulfate Potassium Chloride Complex
Arthritis, Gout & Rheumatism
AB ORIOSTIN
Max Biocare Pty. Ltd. (Australia)
Glucosamine Sulfate, Ginger & Manganese
Arthritis, Osteoarthritis, Rheumatism, Gout & Back Pain
More…… © RIT, 2013
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GLUCOSAMINE - THE OUTLOOK Glucosamine is the most sought after product in terms of joint health. It may not be a complete cure for Osteoarthritis, but with mounting scientific proof and some of the world's leading manufacturers behind it, there could be a good profit in the glucosamine functional food market. The application of Glucosamine in other fields such as body building, wound healing, inflammatory bowel disorders, cosmetology, etc. has considerably increased the need and production of Glucosamine. Consumer demand for dietary supplements is growing stronger more than before, thereby crossing demographic lines and expanding market opportunities for brand owners across a wide range of products. Consumers look towards low-cost, anti-medical, general well being products more than drugs. Moreover, supplement manufacturers are now required to follow Current Good Manufacturing Practices (CGMP), the federal regulations that are typically associated with the manufacture of drug products. This is considered as a major shift for glucosamine manufacturers. Also, manufacturers should conduct full testing on all active ingredients in multi-active products, as per a new regulation. Contract manufacturers and brand owners of glucosamine products need to collaborate closely to develop and manufacture highquality products that meet consumer demand while maximizing profits. Researchers are still having debates on the success of glucosamine and chondroitin remedies for osteoarthritis. Glucosamine is largely utilized in the formation and repair of the cartilage while chondroitin is responsible for the durability and sturdiness of the cartilage. Global Market for Glucosamine is estimated at US$XX.XX billion in 2012 and is projected to reach US$ XX.XX billion by 2020 growing at a CAGR of XX.XX % during the analysis period (2005-2020). Global volume market for Glucosamine was reported at US$ XX.XX thousand metric tons in 2000. The market reached XX.XX thousand metric tons in 2005 growing at a CAGR of XX.XX %. Glucosamine application in Nutraceuticals/Pharmaceuticals is the leading market segment globally valued at about US$ XX.XX billion in 2010 and is forecast to reach US$ XX.XX billion by 2020 with a market share of XX.XX % (2020). Food Ingredients is the fastest growing application of Glucosamine with a CAGR of XX.XX % closely followed by Other applications (XX.XX %) and Feed Additives (XX.XX %) during the analysis period 2005-2020. Globally, glucosamine products have seen about 50% increase in launches in the past five years. The leading markets include Asia Pacific, Europe and North America. In the future, many functional food products would come out in less developed regions of the Latin America and Asia Pacific…….
About RI Technologies RI Technologies is a premier source of market research on the Biotechnology & Healthcare sector. We emphasize on factual insights and forecasts with maximum global coverage. RI Technologies is constantly monitoring the biotechnology & Healthcare industry, tracking market trends, and forecasting industry based on specialized analysis. The life sciences sector is an ever growing marketplace with emerging technologies in areas of discovery, design and development.
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Gauging Competitive Intelligence
Identifying Key Growth Areas and Opportunities
Understanding Geographic Relevance to Product
Knowing Regional Market Sizes and Growth Opportunities and Restraints
Keeping Tab on Emerging Technologies
Equity Analysis
Tapping New Markets
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