N-Acetylglucosamine Market was valued at USD 202 Million in 2022 and is projected to reach USD 375 Million by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The global N-Acetylglucosamine (GlcNAc) market was valued at approximately USD 1.5 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028. This growth is driven by the increasing demand for N-Acetylglucosamine in various applications such as dietary supplements, pharmaceuticals, and skincare products. The rising awareness of health and wellness, coupled with the expanding use of GlcNAc in treating osteoarthritis and other joint disorders, has significantly contributed to the market's expansion.
Emerging opportunities within the market include the growing focus on personalized medicine and the development of advanced biotechnological processes for N-Acetylglucosamine production. The Asia-Pacific region is expected to witness substantial growth, fueled by increasing industrialization and a rise in healthcare expenditure. Additionally, the burgeoning interest in natural and organic ingredients in personal care products presents new avenues for market players. Innovations in N-Acetylglucosamine applications and the expansion of its use in emerging economies are poised to drive future market growth.
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YSK
Fengrun Biotech
Golden-shell
Aoxin-group
Rixing Biotech
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global N-Acetylglucosamine Market
Cosmetics
Health Care Products
Drug
Others
Based on Types the Market is categorized into Below types that held the largest N-Acetylglucosamine market share In 2023.
Extraction of the Shell
Microbial Fermentation
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global N-Acetylglucosamine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global N-Acetylglucosamine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global N-Acetylglucosamine Market, By Type
6. Global N-Acetylglucosamine Market, By Application
7. Global N-Acetylglucosamine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global N-Acetylglucosamine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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