Global Glucosamine Market Is Growing at CAGR of 14.0%, Demand Expected to Reach 63,789.5 Tons by 2020: Grand View Research, Inc.
Global glucosamine market is expected to reach USD 1,246.4 million by 2020, according to a new study by Grand View research, Inc. Growing geriatric population is expected to boost demand for glucosamine, particularly for the treatment of osteoarthritis which is a common form of arthritis in old age population. Increasing vegan population and prevalence of shellfish allergies are expected to drive demand for internal substitutes such as vegetarian glucosamine.
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