Acetylglucosamine Market Technology, Future Trends, Opportunities, Growth Factors, Demand, and Trends

Acetylglucosamine Market

N-acetylglucosamine Being Studied for Treatment of COVID-19 Patients

N-acetylglucosamine is being investigated as the first-line treatment for coronavirus positive patients. Along with remdesivir approved as a standard care in emergency use, N-acetylglucosamine holds promising potentials for the treatment of COVID-19 patients. This is creating revenue opportunities for manufacturers in the acetylglucosamine market during the ongoing pandemic.

In order to keep economies running, manufacturers in the acetylglucosamine market are focusing on essential products such as dietary supplements and pharmaceuticals to establish stable income sources during the pandemic. Companies need to address changing demand and supply trends due to poor market sentiments. eCommerce is growing popular for maximizing sales of acetylglucosamine-induced products. Stock-buying of therapeutics is another driver contributing toward market growth.

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Acetylglucosamine-induced Dietary Supplements Help Increase Joint Lubrication

The high prevalence of osteoarthritis is emerging as a key driver of the acetylglucosamine market. The market is expected to register a favorable CAGR of 7.3% during the forecast period. Acetylglucosamine-induced dietary supplements help to increase joint lubrication. However, possible side effects such as constipation, heartburn, and nausea are affecting adoption rates of acetylglucosamine induced dietary supplements. As such, long-term safety of N-acetylglucosamine supplements is generally regarded as safe (GRAS) by the U.S. Food and Drug Administration (FDA).

Apart from arthritis, acetylglucosamine therapeutics are efficacious for inflammatory bowel disease (IBD) and multiple sclerosis. N-acetylglucosamine may help to reduce the severity and recurrence of IBD. The effects of glucosamine appear to increase when combined with chondroitin for arthritis patients.

Skincare Products Create Revenue Opportunities for Acetylglucosamine Manufacturers

The acetylglucosamine market is projected to cross the production of 114,355 tons by 2031. N-acetylglucosamine is found to reduce facial hyperpigmentation by inhibiting the melanin production and protecting skin cells from free radicals. Hence, manufacturers are unlocking value-grab opportunities in cosmetics and personal care products.

N-acetylglucosamine is being investigated for brightening the skin complexion and its anti-ageing properties, which help to alleviate age spots of accumulated skin damage over a period of time, owing to excessive exposure to UV (ultraviolet) radiation. Companies in the acetylglucosamine market are increasing research in the skin brightening effects of N-acetylglucosamine, which is further boosted when mixed with niacinamide in skincare formulas.

Skincare Serums Formulated with Vitamin B3 Help Correct Uneven Skin Tones

The acetylglucosamine market is expected to surpass the value of US$ 913.4 Mn by 2031. Acetylglucosamine is being publicized as a new alternative to AHA (Alpha Hydroxy Acid) in skincare products. Acetylglucosamine is also linked with benefits such as reducing wrinkles, hydrating the skin, and inhibiting the production of skin pigment melanin. The Neostrata Illuminating Serum is gaining popularity as a tone correcting concentrate, which helps to reduce the appearance of skin discoloration.

Manufacturers in the acetylglucosamine market are boosting the production of skincare serums formulated with vitamin B3 and C in order to correct uneven skin tones and target dark spots. Online reviews and recommendations are influencing the buyer’s decisions.

Online Reviews on Supplement Products Help Manufacturers to Gain Repeat Customers

Plant-based therapeutic supplements are in demand in the acetylglucosamine market. Since dietary supplements are predicted to dominate the highest revenue share among all application types in the market, companies are bullish on market expansion in this sector. Since acetylglucosamine is a type of amino sugar, it helps to lubricate the joints and cartilage to protect them from damage.

The increasing need for joint flexibility and mobility is being created by osteoarthritis patients. Manufacturers in the acetylglucosamine market are taking advantage of this opportunity to boost production in supplements that exhibit potent anti-inflammatory activity. They are also developing capsules that help the skin to reduce dark spots caused by aging and sun exposure. Online reviews on supplement products are helping manufacturers to gain repeat customers.

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Acetylglucosamine Market: Overview

·         The Europe market value for acetylglucosamine is estimated to be US$ 155.6 Mn in 2021, as per a recent study by Transparency Market Research (TMR). According to the study, the market is expected to reach US$ 281.5 Mn, at a CAGR of 6.1%.

·         South Asia and East Asia are the major regions projecting the highest growth rate of 9.5% and 8.9%, respectively, in the market

·         In terms of application, dietary supplements hold the largest market share globally; however, cosmetics & personal care segment is expected to grow a significant value CAGR of 8% with rising demand for personal care products.

·         Crustaceans is a source of acetyl glucosamine holds the highest share of the global market, and arachnids is expected to grow with a CAGR value of 8.1% during the forecast period (2021-2031)

Relevant Reports Publish by TMR

Frangipani Extract Market: https://www.globenewswire.com/news-release/2022/06/08/2459102/0/en/Frangipani-Extract-Market-is-expected-to-be-Valued-at-US-56-10-Million-by-2032-TMR-Study.html

Europe Wheat Starch Market: https://www.globenewswire.com/news-release/2022/07/01/2472649/0/en/Europe-Wheat-Starch-Market-to-Exceed-US-3-7-Bn-by-2030-Abundant-Demand-in-Food-Processing-Industry-Creates-Enormous-Opportunities.html

Basil Essential Oil Market: https://www.prnewswire.com/news-releases/basil-essential-oil-market-is-estimated-to-rise-at-a-cagr-of-6-during-the-forecast-period-observes-tmr-study-301568303.html

Cowpeas Market: https://www.einpresswire.com/article/578787359/cowpeas-market-to-surpass-valuation-of-us-10-5-bn-by-2030

Conductive Plastic Compounds Market: https://www.einpresswire.com/article/579123747/conductive-plastic-compounds-market-to-witness-an-outstanding-growth-by-2027

Ready-to-Drink Beverages Market: https://www.transparencymarketresearch.com/ready-to-drink-beverages-market.html

Edible Insects for Animal Feed Market: https://www.transparencymarketresearch.com/edible-insects-for-animal-feed-market.html

Chronic Obstructive Pulmonary Disease (COPD) Treatment Market: https://www.transparencymarketresearch.com/chronic-obstructive-pulmonary-disease-copd-treatment-market.html

About Us Section:

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us

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Transparency Market Research Inc.
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