Acetylglucosamine Market: Outlook

N-Acetylglucosamine (GlcNAc) is an amino sugar which is a derivative of glucose. It is an acid amide of acetic acid and glucosamine. Acetylglucosamine is a major component of proteoglycans, glycoproteins, glycosaminoglycan and other connective tissue building blocks. There are few methods available for the production of acetylglucosamine such as chitin hydrolysis, chemical methods, enzymatic method and production through biotransformation. High-efficiency process for the production of acetylglucosamine is urgently needed in the industry due to its increasing demand in the dietary supplement as dietary sugar, its potential to treat a variety of diseases, economic feedstock and others. Acetylglucosamine is gaining opportunity as sugar supplement for production of various dietary supplements products. The market for the dietary supplement is rapidly growing, increasing the demand for dietary supplement ingredients which is expected to boost the market acetylglucosamine. Owing to these reasons, the market of acetylglucosamine is expected to have significant growth over the forecast period.

Is something restraining your company’s growth in the Magnesium Acetylglucosamine market? Ask for the report brochure here

Increasing Demand for Specialty Tea

After various research studies and clinical trials, acetylglucosamine is considered safe for consumption, even at a higher dose (20 g). The results show no toxicity or any alterations in blood glucose concentration. Through various clinical trials, acetylglucosamine is significantly known to enhance the prevention of joint damage, joint disorder, injury, rheumatoid arthritis, osteoarthritis and others. Acetylglucosamine acts as a substrate material for anti-inflammatory reactions and tissue repair. Acetylglucosamine is potential, an inexpensive and non-toxic candidate to treat inflammatory bowel disease. It is also useful for treating motion sickness, cardio-cerebrovascular anoxemia and suppress side effects caused by radiotherapy and chemotherapy. It is also used for preventing and treating the sexual disorder. Acetylglucosamine promotes the lightening of the skin and therefore its demand is rising as an important ingredient in various skin care products. The cosmetic industries are widely using acetylglucosamine as it is known to reduce abnormal darkening of the skin. There are various research going on to develop reliable bio-fuel source. Acetylglucosamine from chitin and other sources is converted to biofuel by using Rhodotorula glutinis. The rising prices and decreasing resources of fuel are boosting the demand for developing biofuel.  In the coming future with more advances, the demand for acetylglucosamine is anticipated to rise in cosmetics, pharmaceuticals and various other industry.

Stuck in a neck-to-neck competition with other brands? Request a custom report on competition on Acetylglucosamine market here

Acetylglucosamine Market: Segmentation

On the basis of source, the acetylglucosamine market has been segmented as-

  • Shells of Crustaceans
  • Fungi cell wall
  • Fermentation
  • Others (insects, etc.)

On the basis of product type, the acetylglucosamine market has been segmented as-

  • Powder
  • Tablet

On the basis of applications, the acetylglucosamine market has been segmented as-

  • Nutritional Supplements
  • Pharmaceutical
  • Cosmetics

On the basis of distribution channel, the acetylglucosamine market has been segmented as-

  • B2B
  • B2C
  • Drug Stores
  • Online Stores

Acetylglucosamine Market: Key Players

The key market players operating in acetylglucosamine market are Bio-gen Extracts, Zhejiang New Fuda, Jiangsu Shuanglin, Nippon Protein Co Ltd., Pfanstiehl Inc., Zhejiang Golden-Shell, Taizhou City Fengrun, Yaizu Suisankagakukl, NutriCology, Source Naturals, Inc. and others. With increasing awareness among consumers and rising demand for dietary supplements, a lot of regional players are expected to enter in the market and is expected to make the market more competitive, resulting in scale-up of acetylglucosamine market over the forecast period.

Acetylglucosamine Market Opportunities

The manufacturers of cosmetic industry and skin care products are expected to increase the use of acetylglucosamine in the manufacturing of various products. Owing to its therapeutic use, the manufacturers in the pharmaceutical industry are expected to introduce new products of acetylglucosamine. It is an ideal ingredient for various drug development and has other multiple applications. There are various research studies and clinical trials going on to increase the application of acetylglucosamine. The researchers working on biofuel are expected to explore the use of acetylglucosamine for the production of biofuel.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Acetylglucosamine Market

Pre Book