Acetylglucosamine Market revenue is expected to grow at a CAGR of 7.4% from 2023 to 2029
Acetylglucosamine (NAG) is a naturally occurring amino-monosaccharide that is the primary monomeric component of the homogeneous polysaccharide chitin. Chitin, one of the most abundant polymers in nature, and its monomer NAG can be found in crustacean shells, insect exoskeletons, and fungi cell walls. In humans, NAG is found in the heterogeneous polysaccharide hyaluronic acid (HA), which is composed of repeated D-glucuronic acid and NAG residues.
Acetylglucosamine Market Scope
In the Acetylglucosamine Market report, the forecast period is considered from 2022 to 2029, and 2022 is a based year. 2021 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. The year 2021 is an exception and is analyzed specifically with the impact of the region.
The report includes an in-depth analysis of the Acetylglucosamine market, as well as market segmentation. The report includes a regional analysis of market dynamics, which assists readers in comparing past trends to current market scenarios, as well as the contributions of key players.
Acetylglucosamine Market Overview
The Maximize Market Research, an Acetylglucosamine Market research firm, has served more than 600 clients across the world since 2017. The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Acetylglucosamine Market suppliers in the forecast period through 2029.
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Acetylglucosamine Market Segment Analysis :
Based on forms, the market has been divided into powder and liquid. Among these, the liquid sub-segment is projected to generate the maximum revenue.
Liquid sub-segment is the most common type of glucosamine forms is showed a faster absorption rate compared with solids acetylglucosamine, better intake route—especially for those who struggle to chew conventional solid dosage forms of acetylglucosamine—and greater dosing flexibility. In addition, the flavouring profile can be customised to the patient's tastes. This liquid form sub-segment is predicted to propel the acetylglucosamine market opportunity.
Based on source, the market has been divided into crustaceans, fungi, arachnids, and others. Among these, the crustaceans sub-segment is projected to generate the maximum revenue.
The crustaceans sub-segment witnessed the highest revenue in 2022. Crustacean shells are made up of protein and calcium carbonate, but primarily of chitin. Chitin is a long-chain, linear sugar-like polymer composed of acetylglucosamine, a glucose derivative. Monomeric acetylglucosamine units have the potential to be useful raw materials in the polymer sector. The shell of a crab is made up of 30-40% protein, 30-50% calcium carbonate and calcium phosphate, and 20-30% chitin. Chitin was extracted from shrimp shells by deproteinization, depigmentation, and demineralization.
Acetylglucosamine Market Major Players :
1. Bio-gen Extracts Private Limited
2. AdvoCare
3. Amicogen, Inc.
4. Golden-Shell Pharmaceutical
5. Zhejiang Fengrun Biotech Co., Ltd.
6. Merck KGaA
7. Carl Roth
8. Yaizu Suisankagaku
9. Kaneka Corporation
10. Ethical Naturals Inc.
11. NOW Foods
12. Beloor Bayir
13. Vitaco Health Limited
14. Pure Encapsulations, LLC
15. Kraeber & Co GmbH
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Regional Insights
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Frequently Asked Questions:
1. What are the growth drivers for the acetylglucosamine market?
Ans. A Rise in obesity and arthritis diseases is expected to be the major driver for the acetylglucosamine market.
2. What is the major restraint for the acetylglucosamine market growth?
Ans. The high cost of acetylglucosamine is expected to be the major restraining factor for the acetylglucosamine market growth.
3. Which region is expected to lead the global acetylglucosamine market during the forecast period?
Ans. North America is expected to lead the global acetylglucosamine market during the forecast period.
4. What is the projected market size & growth rate of the acetylglucosamine market?
Ans. The acetylglucosamine market size was valued at $478.36 Million in 2022 and the total acetylglucosamine market revenue is expected to grow at a CAGR of 7.4% from 2022 to 2029, reaching nearly $788.48 Million.
5. What segments are covered in the acetylglucosamine market report?
Ans. The segments covered in the acetylglucosamine market report are forms, source, application, and region.
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Acetylglucosamine Market
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
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