France Chondroitin Sulfate Market Size & Outlook
France chondroitin sulfate market, 2017-2030 (US$M)
Related Markets
France chondroitin sulfate market highlights
- The France chondroitin sulfate market generated a revenue of USD 57.3 million in 2022 and is expected to reach USD 78.7 million by 2030.
- The France market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, bovine was the largest revenue generating source in 2022.
- Synthetic is the most lucrative source segment registering the fastest growth during the forecast period.
Chondroitin sulfate market data book summary
| Market revenue in 2022 | USD 57.3 million |
| Market revenue in 2030 | USD 78.7 million |
| Growth rate | 4.1% (CAGR from 2022 to 2030) |
| Largest segment | Bovine |
| Fastest growing segment | Synthetic |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bovine, Swine, Poultry, Shark, Synthetic |
| Key market players worldwide | Merck KGaA, BRF SA ADR, Seikagaku, TSI Group, Bioiberica, Bio-gen Extracts |
Other key industry trends
- In terms of revenue, France accounted for 4.7% of the global chondroitin sulfate market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany chondroitin sulfate market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 78.7 million by 2030.
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Chondroitin Sulfate Market Scope
Chondroitin Sulfate Market Companies
| Name | Profile | # Employees | HQ | Website |
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France chondroitin sulfate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chondroitin sulfate market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 38.57% in 2022. Horizon Databook has segmented the France chondroitin sulfate market based on bovine, swine, poultry, shark, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
France is one of the key consumers of chondroitin sulfate in the form of medicines and food supplements. The consumption of dietary supplements is expected to witness rapid growth in the country as they provide comfort to the joints. The above factors have contributed to make France a nutraceutical innovation hub in the region on account of high consumption of nutraceutical products in the country.
Nutraceutical products containing chondroitin sulfate are witnessing high demand in the country as they boost energy, increase disease resistance, and enhance the immune system. However, the French Agency for Food, Environmental, and Occupational Health & Safety (ANSES) has identified a number of side effects related to product consumption.
These effects include abdominal pain, itching, digestive disorders, skin rashes, and hepatitis. In addition, ANSES has advised children, pregnant & breastfeeding women, and asthmatics & diabetic patients to prohibit the consumption of food supplements containing chondroitin sulfate. However, a French national union had reassured the consumers about the safety of consuming these products.
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Horizon Databook provides a detailed overview of country-level data and insights on the France chondroitin sulfate market , including forecasts for subscribers. This country databook contains high-level insights into France chondroitin sulfate market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France chondroitin sulfate market size, by source, 2017-2030 (US$M)
France Chondroitin Sulfate Market Outlook Share, 2022 & 2030 (US$M)
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