Glucosamine Market is expected to reach USD 757.3 million by 2022. Glucosamine is a natural compound found in tough tissue that is cartilage, which cushions joints. People use it as a supplement to treat diseases like osteoarthritis and arthritis. It is mainly extracted from shells of shellfish to make dietary supplements; whereas its synthetic form is made in laboratories. The Glucosamine Market is estimated to grow at a significant CAGR of 8.4% over the forecast period as the scope and its applications are rising enormously across the globe. Growing occurrence of chronic diseases like obesity, diabetes, and cancer and high demand from pharmaceutical industry are documented as major factors of Glucosamine Market that are estimated to enhance the growth in the years to come. However, high cost of glucosamine and presence of alternatives like fish oils, omega 3 fatty acid, and collagens are the factors that may restrain overall market in the coming years. Glucosamine industry is segme...
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