PUBLISHER: Value Market Research | PRODUCT CODE: 1361738
PUBLISHER: Value Market Research | PRODUCT CODE: 1361738
The global demand for Bone & Joint Health Supplements Market is presumed to reach the market size of nearly USD 37.01 BN by 2030 from USD 14.92 BN in 2022 with a CAGR of 10.62% under the study period 2023 - 2030.
Bone & joint health supplements help reduce pain and increase the flexibility and strengths of the joints & bones in the body, as they are sources of prebiotic fibre, vitamins such as vitamin D, vitamin K, calcium, and soy isoflavones. These are usually used by the geriatric population or people recovering from injury.
The demand for nutritional supplements is on the rise leading to the growth of bone & joint health supplements market. Technological advancements have also helped expand the application of bone and joint health supplements across different sectors. Moreover, rising health awareness and increasing disposable income have influenced consumers to adopt healthy lifestyles, complemented by bone & joint health supplements. With the increasing diseases such as osteoarthritis, rheumatoid arthritis, and arthritis-related conditions in the baby boomer population, manufacturers are developing new health supplements in the form of powder and liquid on a wide scale to strengthen the bones of consumers. Hence, this population will shortly drive the bone and joint health supplements market. Furthermore, rising participation in sports at risk of fractures and injury is a key factor stoking demand for bone and joint health supplements.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of bone & joint health supplements. The growth and trends of bone & joint health supplements industry provide a holistic approach to this study.
This section of the bone & joint health supplements market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Bone & Joint Health Supplements market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bone & joint health supplements market include Bayer AG(Germany), Procter & Gamble (US), Amway (US), Basf SE (Germany) and Archer Daniels Midland (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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