U.S. Chondroitin Sulfate Market Size & Outlook, 2022-2030
U.S. chondroitin sulfate market, 2017-2030 (US$M)
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U.S. chondroitin sulfate market highlights
- The U.S. chondroitin sulfate market generated a revenue of USD 342.2 million in 2022 and is expected to reach USD 451.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.5% 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 342.2 million |
| Market revenue in 2030 | USD 451.7 million |
| Growth rate | 3.5% (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, U.S. accounted for 28.0% 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 North America, U.S. chondroitin sulfate market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 451.7 million by 2030.
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Chondroitin Sulfate Market Scope
Chondroitin Sulfate Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 37.61% in 2022. Horizon Databook has segmented the U.S. chondroitin sulfate market based on bovine, swine, poultry, shark, synthetic covering the revenue growth of each sub-segment from 2017 to 2030.
The prevalence of osteoarthritis is growing rapidly in the U.S. chondroitin sulfate sourced from bovine is preferred in the country for the treatment of osteoarthritis, HIV, heart diseases, and cholesterol.
Chondroitin sulfate is regulated by the U.S. Food and Drug Administration, thus, can be used in food products and dietary supplements. The U.S. imports high amount of chondroitin sulfate from China.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. chondroitin sulfate market , including forecasts for subscribers. This country databook contains high-level insights into U.S. chondroitin sulfate market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. chondroitin sulfate market size, by source, 2017-2030 (US$M)
U.S. Chondroitin Sulfate Market Outlook Share, 2022 & 2030 (US$M)
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