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Bone & Joint Health Supplements Market Size – By Product (Vitamin & Minerals, Collagen), Form (Capsule & Tablets, Powders), Consumer (Geriatric, Adults, Pregnant Women), Distribution Channel (Pharmacies, E-commerce), & Global Forecast (2024-2032)
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Bone & Joint Health Supplements Market
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Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 270
Countries covered: 19
Pages: 150
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Bone & Joint Health Supplements Market Size
Bone & Joint Health Supplements Market size was valued to be around USD 13.6 billion in 2023 and is anticipated to grow at a CAGR of 7.5% from 2024 to 2032. The increasing ageing population, rising prevalence of bone-related disorders, and growing awareness & demand for dietary supplements are the significant contributors to the considerable gains of this industry.
For instance, according to the Consumer Survey on Dietary Supplements 2022 conducted by Council for Responsible Nutrition, nearly 75% of Americans use dietary supplements among which majority of users are regular users of dietary supplements including bone & joint supplements. This surge in consumption of nutraceutical products such as dietary supplements and a heightened emphasis on preventive healthcare contribute significantly to the escalating demand for these products.
Bone and joint health supplements are dietary products formulated to support and promote the well-being of the skeletal system, particularly bones and joints. These supplements typically contain a combination of vitamins, minerals, and other bioactive compounds that help to contribute to bone density, joint flexibility, and overall musculoskeletal health.
COVID-19 Impact
The COVID-19 pandemic has catalysed a positive shift in consumer attitudes towards health and wellness, thereby influencing the bone and joint health supplement market. The pandemic has spurred in home-based fitness activities, as lockdowns prompted people to seek alternative ways to stay active.
Bone & Joint Health Supplements Market Trends
Bone & Joint Health Supplements Market Analysis
Based on product, the market is classified as vitamins & minerals, collagen, glucosamine-chondroitin, omega-3 fatty acid, and other products. In 2023, vitamins & minerals segment accounted for a significant market share of 50.1%.
Based on form, the global bone & joint health supplements market is segmented into capsules & tablets, powders, liquids, and other forms. The capsules & tablets segment dominated the market and is expected to register progrssion of 8.1% by 2032.
Based on consumer, the market is divided into geriatric population, adults, pregnant women, children, and infants. The geriatric population segment is expected to reach USD 8.9 billion by 2032.
Based on distribution channel, the global bone & joint health supplements market is categorized into pharmacies, brick & mortar, e-commerce, and other distribution channels. The pharmacies segment is anticipated to witness expansion at 7.9% during the analysis period to reach USD 10 billion by 2032.
The North America bone & joint health supplements market accounted for USD 5.2 billion in 2023.
Bone & Joint Health Supplements Market Share
The bone & joint health supplements industry is characterized by a diverse array of players engaged in strategic initiatives to strengthen their market position and cater to the evolving needs of consumers.
Bone & Joint Health Supplements Market Companies
Prominent players operating in the bone & joint health supplements industry is as mentioned below:
Bone & Joint Health Supplements Industry News:
The bone & joint health supplements market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments:
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By Product, 2018 – 2032 (USD Million)
By Form, 2018 – 2032 (USD Million)
By Consumer, 2018 – 2032 (USD Million)
By Distribution Channel, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries: