Chondroitin Sulfate Market Size Is Expected To Reach USD 1.4 Billion By 2025 : Grand View Research Inc.
San Francisco, 13 December 2019: The Report Chondroitin Sulfate Market Size, Share & Trends Analysis Report By Source (Synthetic, Bovine, Swine, Poultry, Shark), By Application (Nutraceuticals, Pharmaceuticals, Animal Feed, Personal Care), And Segment Forecasts, 2019 – 2025 The global chondroitin sulfate market size is expected to reach USD 1.4 billion by 2025, accelerating at a CAGR of 3.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing consumption of joint health supplements owing to rising prevalence of arthritis among obese and geriatric population is projected to drive the product demand. Clinical efficacy and joint health benefits offered are the major factors triggering the demand for the product. Rising utilization of pharmaceutical grade sodium chondroitin sulfate to cure osteoarthritis is projected to drive industry growth. The market is highly influenced by Chinese dominated product supply, which as per the i