According to the recent study the API (chondroitin sulfate, hyaluronic acid, and pancreatin) market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by increasing prevalence of chronic diseases such as osteoarthritis and gastric diseases and rising clinical studies on different grade products used for treatment of different diseases.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in API (chondroitin sulfate, hyaluronic acid, and
pancreatin) market by product (chondroitin sulfate, hyaluronic acid [natural
and synthetic], and pancreatin), product form (pellet form, powdered form, and
others), end user (pharmaceutical companies, biotechnology companies, and
others), and region (North America, Europe, Asia Pacific, and Rest of the
World).
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view detailed Table of Content by clicking on below link – https://www.lucintel.com/api-market.aspx
“Hyaluronic acid market is expected to remain the largest segment
during the forecast period.”
Based on product, the API
(chondroitin sulfate, hyaluronic acid, and pancreatin) market is segmented into
chondroitin sulfate, hyaluronic acid [natural and synthetic], and pancreatin. Lucintel
forecasts that the hyaluronic acid is expected to witness the largest segment over
the forecast period due to rising prevalence of arthritis, increasing geriatric
population, and development of advanced products containing hyaluronic acid
visco-supplements.
“Within the API
(chondroitin sulfate, hyaluronic acid, and pancreatin) market, the pharmaceutical
companies segment is expected to remain the largest end user.”
Based on end user, the pharmaceutical
companies segment is expected to witness the largest end use over the forecast
period due to rising number of clinical trials by pharmaceutical companies and
growing regulatory compliance.
“North America will dominate the API (chondroitin sulfate,
hyaluronic acid, and pancreatin) market in near future.”
North America is expected
to be the largest region over the forecast period due to increasing prevalence
of osteoarthritis and presence of major companies for supplements and clinical
trials in the region.
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Major players of API
(chondroitin sulfate, hyaluronic acid, and pancreatin) market are adopting
various growth strategies like new product launches, expansions, merger and acquisitions,
partnerships, agreements, and collaborations to expand their presence in this
market. Summit Nutritionals International, Sioux Pharm, TSI Group, Shandong
Runxin Biotechnology, ZPD, Pacific Rainbow International, Seikagaku, Synutra,
Bioiberica, and Newgen Biotech are among the major API (chondroitin sulfate,
hyaluronic acid, and pancreatin) providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/api-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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