Chondroitin Sulfate Market Is Expected To Reach USD 1.5 Billion By 2030
San Francisco, 21 Aug 2024: The Report Chondroitin Sulfate Market Size, Share & Trends Analysis Report By Source (Bovine, Swine), By Application (Nutraceuticals, Pharmaceuticals), By Region, And Segment Forecasts, 2024 - 2030 The global chondroitin sulfate market size is expected to reach USD 1.65 billion by 2030, registering a CAGR of 3.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the growing consumption of joint health supplements due to the rising prevalence of arthritis among the geriatric and obese population. The growing inclusion of chondroitin sulfate as a substitute for osteoarthritis treatment is expected to accelerate industry growth. The majority of chondroitin sulfate is produced from the cartilage of various animals, including shark, bovine, porcine, and other marine sources. These cartilages are usually leftovers from the butchering of the animals. Chondroitin sulfate is utilized as a preservative,