The global glucosamine market is expected to grow at the CAGR of 14.3% during 2015-2022 and it estimated to be $1.2 billion by 2022. The global glucosamine market is majorly driven by significant growth in geriatric population, hug adoption of glucosamine products in emerging economies, global rise in adoption of food and beverages, huge consumption of glucosamine due to rise in arthritis and joint pain diseases.
The global food colorants market is expected to grow at the CAGR of 5% during 2015-2022 and it estimated to be $2.8 billion by 2022.The global food colorants market is majorly driven by significant availability of raw materials to produce food colors. Huge investment in global food colorants market is expected to boost the market in next few years. Rise in labeling system is expected to drive the global food colorants market.
The global probiotic market is expected to grow at the CAGR of 8% during 2015-2022 and it estimated to be $35 billion by 2022. The global probiotic market is majorly driven by significant demand in food and beverages segments. Acquisition and partnership are the key strategy adopted by the probiotic market companies to stay competitive.