The global bone and joint health ingredients market reached a value of US$ 3.19 billion in 2021. Looking forward, the market is projected to reach US$ 4.63 billion by 2027, exhibiting at a CAGR of 6.29% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Bone and joint health ingredients refer to the herbal and natural extracts and compounds that are rich in essential nutrients and added to food and beverages to promote bone growth. The ingredients are primarily obtained from plant and animal-based sources, including turmeric, Boswellia, tart cherries, eggshell membranes and chondroitin. They have a high content of amino acids, calcium, collagen, glucosamine, chondroitin, magnesium and vitamin K and D. They are added to soft gel, pill, powder and liquid-based pharmaceuticals, nutraceuticals and dietary supplements to improve the structural matrix of the bones and minimize the risks of fractures. They also aid in enhancing the strength and flexibility of the joints in the body to prevent arthritis and other temporary or chronic joint disorders.
The increasing prevalence of orthopedic disorders, such as rheumatoid arthritis, tennis elbow and ligament injuries, is one of the key factors driving the growth of the market. Moreover, rising geriatric population, which is more susceptible to such ailments, is providing a thrust to the market growth. With the increasing health consciousness, there is a rising acceptance for dietary and nutritional supplements among the masses. Athletes and fitness enthusiasts are also widely adopting bone and joint health and sports supplements to prevent nutritional deficiencies, joint deterioration and subsequent injuries in the body. Additionally, various product innovations, such as the launch of natural and organically sourced bone and joint health ingredients that cater to the requirements of the vegan population, are contributing to the growth of the market. Other factors, including significant growth in the pharmaceutical industry, along with rising healthcare expenditure capacities of the masses, are anticipated to drive the market toward growth.
This report provides an analysis of the key trends in each sub-segment of the global bone and joint health ingredients market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on form, type, distribution channel, application and End-user.
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amway Corp. (Alticor Inc.), Bioiberica S.A.U, Glanbia PLC, Herbalife Nutrition Ltd., Innophos Holdings Inc., Kappa Bioscience, Koninklijke DSM NV, NOW Foods, NutriGold Inc., Rousselot Inc. (Darling Ingredients), Waitaki Bio and William Reed Group Ltd.
Bone and joint health ingredients refer to the herbal and natural extracts and compounds that are rich in essential nutrients and added to food and beverages to promote bone growth. The ingredients are primarily obtained from plant and animal-based sources, including turmeric, Boswellia, tart cherries, eggshell membranes and chondroitin. They have a high content of amino acids, calcium, collagen, glucosamine, chondroitin, magnesium and vitamin K and D. They are added to soft gel, pill, powder and liquid-based pharmaceuticals, nutraceuticals and dietary supplements to improve the structural matrix of the bones and minimize the risks of fractures. They also aid in enhancing the strength and flexibility of the joints in the body to prevent arthritis and other temporary or chronic joint disorders.
Bone and Joint Health Ingredients Market Trends
The increasing prevalence of orthopedic disorders, such as rheumatoid arthritis, tennis elbow and ligament injuries, is one of the key factors driving the growth of the market. Moreover, rising geriatric population, which is more susceptible to such ailments, is providing a thrust to the market growth. With the increasing health consciousness, there is a rising acceptance for dietary and nutritional supplements among the masses. Athletes and fitness enthusiasts are also widely adopting bone and joint health and sports supplements to prevent nutritional deficiencies, joint deterioration and subsequent injuries in the body. Additionally, various product innovations, such as the launch of natural and organically sourced bone and joint health ingredients that cater to the requirements of the vegan population, are contributing to the growth of the market. Other factors, including significant growth in the pharmaceutical industry, along with rising healthcare expenditure capacities of the masses, are anticipated to drive the market toward growth.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global bone and joint health ingredients market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on form, type, distribution channel, application and End-user.
Breakup by Form:
- Soft Gels/Pills
- Powder
- Liquid
Breakup by Type:
- Vitamins
- Calcium
- Collagen
- Glucosamine
- Omega-3
- Magnesium
- Others
Breakup by Distribution Channel:
- Pharmacies and Drug Stores
- Health and Beauty Stores
- Specialty Stores
- Online Stores
- Others
Breakup by Application:
- Dietary Supplements
- Functional Foods and Beverages
- Others
Breakup by End-user:
- Men
- Women
- Senior Citizen
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amway Corp. (Alticor Inc.), Bioiberica S.A.U, Glanbia PLC, Herbalife Nutrition Ltd., Innophos Holdings Inc., Kappa Bioscience, Koninklijke DSM NV, NOW Foods, NutriGold Inc., Rousselot Inc. (Darling Ingredients), Waitaki Bio and William Reed Group Ltd.
Key Questions Answered in This Report
- How has the global bone and joint health ingredients market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global bone and joint health ingredients market?
- What are the key regional markets?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the End-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global bone and joint health ingredients market and who are the key players?
- What is the degree of competition in the industry?
Frequently Asked Questions about the Global Bone and Joint Health Ingredients Market
What is the estimated value of the Global Bone and Joint Health Ingredients Market?
What is the growth rate of the Global Bone and Joint Health Ingredients Market?
What is the forecasted size of the Global Bone and Joint Health Ingredients Market?
Who are the key companies in the Global Bone and Joint Health Ingredients Market?
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | April 2022 |
Forecast Period | 2021 - 2027 |
Estimated Market Value ( USD | $ 3.19 Billion |
Forecasted Market Value ( USD | $ 4.63 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Bone and Joint Health Ingredients Market
6 Market Breakup by Form
7 Market Breakup by Type
8 Market Breakup by Distribution Channel
9 Market Breakup by Application
10 Market Breakup by End User
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Amway Corp. (Alticor Inc.)
- Bioiberica S.A.U
- Glanbia PLC
- Herbalife Nutrition Ltd.
- Innophos Holdings Inc.
- Kappa Bioscience
- Koninklijke DSM NV
- NOW Foods
- NutriGold Inc.
- Rousselot Inc. (Darling Ingredients)
- Waitaki Bio
- William Reed Group Ltd
Methodology
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