Chondroitin sulfate is an important molecule that plays a key role in promoting healthy cartilage, bones, and connective tissues. It is used in the treatment of various skeletal conditions, such as osteoarthritis. Osteoarthritis is a painful condition, which leads to inflammation and stiffness of joints. Several factors are responsible for the emergence of the disease, including age, genetics, poor diet, and obesity. Chondroitin sulfate is widely used as a natural remedy to treat osteoarthritis. Moreover, it also acts as an anti-inflammatory agent.
Market Dynamics:
The global chondroitin sulfate market is growing on the account of increasing demand for dietary supplements. This is mainly due to the increase in the aging population, which makes them more susceptible to bone-related diseases such as osteoarthritis. Another factor driving the market is the growing use of chondroitin sulfate as an ingredient in eye drops, which helps in treating dry eyes. In addition, it is a common additive in animal feed to enhance growth and reduce stress.
On the other hand, fluctuating price of raw materials is expected to restrict the market growth.
Key features of the study:
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