Global Chondroitin Sulfate Market Forecast 2024-2031

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Global Chondroitin Sulfate Market Forecast 2024-2031 | CVMI Report

2025-09-06 14:35:48 • Views

[New York, 06 September 2025] - Clearview Market Insights (CVMI) forecasts that the global chondroitin sulfate market will grow from USD 1.68 billion in 2024 to USD 3.41 billion by 2031, representing a CAGR of 10.6%. This growth is driven by the increasing prevalence of osteoarthritis, rising adoption of preventive healthcare measures, and expanding applications in cosmetics.

“Chondroitin sulfate’s broad applicability across pharmaceuticals, supplements, and cosmetics is establishing it as a highly sought-after bioactive ingredient globally,” stated Dr. Naomi Parker, senior health and wellness analyst at CVMI.

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Key Market Highlights:

2024 Market Size: USD 1.68 billion
2031 Forecast: USD 3.41 billion
CAGR: 10.6% (2024–2031)

Growth Drivers:

Surge in preventive healthcare fueling demand for joint health supplements.
Pharmaceutical advancements leading to improved osteoarthritis formulations.
Expansion into cosmetics, particularly in anti-aging and skin hydration products.

Segment Insights:

Nutraceuticals dominate with over 55% of the market share.
Cosmetics represent the fastest-growing segment, driven by consumer wellness trends.
North America and Europe are the leading regions, while Asia-Pacific is witnessing rapid growth.

Competitive Overview (2024):

TSI Group holds 15%, mainly supplying raw materials for joint health products.
Bioiberica accounts for 14%, focusing on pharmaceutical-grade chondroitin.
ZPD A/S has 12%, specializing in marine-derived chondroitin.
Others constitute 59%, comprising various global and regional players.

Outlook to 2031:
Continued innovation in biotechnological production methods, coupled with increased consumption of supplements and cosmeceuticals, will drive sustained market growth. The expansion into emerging markets will further enhance the global market potential for chondroitin sulfate.

About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

For more insights, visit - https://clearviewmarketinsights.com/

Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369

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