The global demand for Acetylglucosamine Market is presumed to reach the market size of nearly USD 984.19 MN by 2030 from USD 520.06 MN in 2022 with a CAGR of 8.3% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Tons in 2022 and forecast to touch XX Tons by 2030 with a CAGR of XX% during 2023-2030.
N-Acetylglucosamine (GlcNAc) is an amide derivative of glucose, a monosaccharide. Acetylglucosamine is a secondary amide that exists between glucosamine and acetic acid. Acetylglucosamine-containing dietary supplements help to improve joint lubrication. Acetylglucosamine therapy is effective for inflammatory bowel disease (IBD) and multiple sclerosis, in addition to arthritis. N-acetylglucosamine may assist in lessening the intensity and frequency of IBD flare-ups. Acetylglucosamine has also been related to skin advantages such as wrinkle reduction, hydration, and decreasing the development of the skin pigment melanin. N-acetylglucosamine is being studied for its ability to brighten the skin's complexion and its anti-aging characteristics, which may help reduce age spots caused by cumulative skin damage caused by excessive UV (ultraviolet) radiation over time. Acetylglucosamine is being promoted in skin care products as a new AHA (Alpha Hydroxy Acid) alternative. Acetylglucosamine is available either in a powder or a liquid.
Market Dynamics
Acetylglucosamine is widely used to treat various disorders due to its health-promoting features, which will boost its market growth. Consumption of dietary supplements increases as consumer knowledge of health consciousness and a healthy diet grows. The availability of supplements for immune health has improved as major international businesses focus on offering quality products to emerging nations. The increased purchasing power of consumers, combined with the availability of many brands, is creating a more favourable market environment for dietary supplement makers. Furthermore, rising online supplement sales are assisting in expanding the acetylglucosamine market across developing countries. Obesity's rising prevalence has prompted supplement makers to develop more effective health products. The global acetylglucosamine market is predicted to rise due to growing technological platforms and increasing research for health-beneficial supplements. Manufacturers are creating skincare serums with vitamin B3 and C to address uneven skin tones and target dark spots, driving the acetylglucosamine market. Acetyl glucosamine can potentially be used as a sugar substitute in nutritional supplements, assisting the industry.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of acetylglucosamine. The growth and trends of Acetylglucosamine Industry provide a holistic approach to this study.
Market Segmentation
This section of the acetylglucosamine market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Form
By Form
- Source
- Crustaceans
- Fungi
- Arachnids
- Others
By Application
- Dietary Supplements
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Acetylglucosamine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Acetylglucosamine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the acetylglucosamine market include Merck KGaA, Carl Roth, Ethical Naturals Inc., Kaneka Corporation, Yaizu Suisankagaku, Bio-gen Extracts Private Limited, Amicogen, Inc., AdvoCare, Zhejiang Fengrun Biotech Co., Ltd., Golden-Shell Pharmaceutical, NOW Foods, Beloor Bayir, Kraeber & Co GmbH, Pure Encapsulations, LLC, Vitaco Health Limited, Source Naturals, Inc., NutriCology. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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