Market revenue in 2024 | USD 85.0 million |
Market revenue in 2030 | USD 98.5 million |
Growth rate | 2.6% (CAGR from 2025 to 2030) |
Largest segment | Bovine |
Fastest growing segment | Synthetic |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 38.59% in 2024. Horizon Databook has segmented the Middle East & Africa chondroitin sulfate market based on bovine, swine, poultry, shark, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
In the Middle East, chondroitin sulfate is used in pharmaceutical sector to treat patients suffering from osteoarthritis. Most of the aging population in the region has experienced a few symptoms of osteoarthritis. These individuals face difficulties in performing daily activities.
Rising awareness of pharmaceutical manufacturers regarding the effectiveness of chondroitin sulfate in the treatment of osteoarthritis is contributing to the market growth in the region.
Prominent pharmaceutical countries in the region include the UAE, Iran, and Saudi Arabia. Several governments are focusing on the local production of pharmaceuticals in order to restrain the rapidly growing healthcare expenditure.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa chondroitin sulfate market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa chondroitin sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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