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The global market for bone and joint health ingredients attained a value of about USD 3.44 billion in 2023. The market is further expected to grow at a CAGR of about 7.40% in the forecast period of 2024-2032, driven by the growing awareness about the importance of a healthy lifestyle.
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Asia Pacific is among the leading regions for the global market, and with the growing awareness about the importance of a better lifestyle, people are starting to adopt and use health supplements daily. The increased consumption of bone and joint health supplements, especially among the ageing population in countries like India, China, and Japan, which have high population densities, will aid the market growth in the coming years. The middle-aged and elderly population are more inclined to go for preventive measures to avoid diseases and to support this notion. Companies are launching new and more organic products frequently with the customers' well-being in mind and increasing the general awareness among the people. Athletes, especially, include dietary supplements in their meals to achieve a complete nutritional balance, which is anticipated to further promote the growth of the region's bone and joint health ingredients market.
Bone and joint health ingredients generally refer to organic and natural extracts from a plant or animal-based source. They are high in nutrient value and are mainly used as dietary supplements to fulfil the need of the lacking nutrients. Some of the most known ones include Omega-3, Calcium, and Vitamin D.
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Different forms of bone and joint health ingredients in the market include:
The types of bone and joint health ingredients can be divided into:
Among these, Vitamins and Omega-3, in the form of soft gel/pills, are the most purchased ingredients.
The bone and joint health ingredients find applications in:
The end-users of bone and joint health ingredients are:
The regions includes in the bone and joint health ingredients market are North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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People are getting busier and leading a hectic lifestyle, which makes maintaining a proper diet plan challenging, leading to an unhealthy lifestyle, which can significantly aid the market development as including some supplements can easily help compensate for the lack of nutrients. Most older people face some bone or joint issues; various pharmaceuticals are adopting health ingredients to treat different deficiency-related diseases. Healthcare officials are spreading awareness through various means, making people more attentive to their health.
The emerging countries are increasingly adopting these supplements as they become more aware of the benefits, and the market will have a promising growth due to the huge ageing population and the increasing spending power for healthcare. The governments of the two most populated countries, India and China, are investing heavily in the healthcare sector for research and development and new product launches which are most cost-effective so that more people can afford them, further propelling the market growth.
The report gives a detailed analysis of the following key players in the global bone and joint health ingredient market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The EMR report is carefully curated to provide detailed industry insights on the market based on Porter's five forces model, along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global bone and joint health ingredients market attained a value of nearly USD 3.44 billion.
The market is expected to grow at a CAGR of 7.40% in the forecast period of 2024-2032.
The market is driven by the rising health awareness, progressively ageing population, and the increasing amount spent on healthcare products.
The rising awareness about the importance of fitness and health awareness is a key industry trend aiding the market growth.
The major regions in the industry are North America, Latin America, the Middle East, Africa, Europe, and the Asia Pacific, with Asia Pacific being the leading and fastest-growing market region.
The forms of the product can be divided into soft gel/pills, powder, and liquid.
The types of health ingredients include vitamins, calcium, collagen, glucosamine, omega 3, and magnesium, among others.
The dominant types in the industry are Vitamin and Omega-3.
The various applications of the health ingredients include dietary supplements and functional foods and beverages, among others.
The end-users of bone and joint health ingredients include men, women, and senior citizens, among others.
The major industry players driving the market are Rousselot BV, Waitaki Biosciences, a division of PharmaZen Ltd., Bioiberica S.A.U, Innophos Holdings, Inc., and Glanbia Plc, among others.
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Australia
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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