The global bone and joint health ingredients market is expected to reach a considerably large market size in 2028 and register a high CAGR over the forecast period. Industry analysis indicates that the rising demand for bone and joint health ingredients in various applications is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period.
Hectic lifestyles are leading to significant rise in prevalence of chronic health conditions. Arthritis, osteoarthritis, and rheumatoid arthritis are the most common chronic health conditions, especially among elderly individuals. The most prevalent form of arthritis is degenerative joint disease. Bone and joint health supplements/ingredients can be used to prevent as well as alleviate symptoms of this disease. These ingredients include amino acids and vitamins, which regulate cholesterol levels. Producers are manufacturing new bone and joint health supplements in the form of powders and fluids on a large scale.
Top Companies Operating in the Global Bone and Joint Health Ingredients Market Report:
- Koninklijke DSM N.V.
- Herbalife International
- Nature\'s Bounty Co.
- Abbott Laboratories
- Bio-Tech Pharmacal Inc.
- Seroyal International Inc.
- NutriGold Inc.
- Glanbia PLC
- Bayer AG
- Kerry Group PLC
- BASF SE
- Alticor Inc.
- NOW Health Group, Inc.
- USANA Health Sciences, Inc.
- Nutramax Laboratories, Inc.
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The factors that drive the industry's growth are highlighted in the report. The report divides the Bone and Joint Health Ingredients market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.
Market Overview:
Food and beverage enterprises are all involved in the processing, packaging, and distribution of raw food materials. Besides drugs, this industry touches every product designed for human consumption, including fresh and packaged meals, alcohol and nonalcoholic beverages, and food and beverages.
Due to the current economic depression caused by the outbreak of Covid-19, consumers are looking for ways to save money. By purchasing generic items and cooking their own meals instead of going out, consumers are doing so in a number of ways. Consequently, food processing companies are becoming more creative in order to lower the cost of goods sold, attract more customers, and increase their profit margins.
Global food and beverage industries have been adversely affected by obesity. As consumers' desires for healthier foods have increased, so has the demand for nutrition information. Both of these changes have led companies to launch lower-calorie foods and tighten control over how their brands are perceived.
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For the purpose of helping readers make profitable business decisions, the report is written with industry analysts, market segmentation, and data collection. In addition to providing detailed information on technical and product advances, this report also discusses market value, growth rates, and niche market segments in detail.
An analysis of the Bone and Joint Health Ingredients market has been carried out by segmenting it into key regions and offering information on growth rates, market shares, current and emerging trends, production and consumption ratios, analysis of the industrial chain, demand and supply, imports and exports, revenue contributions, and the presence of key players in each region. To gain a better understanding of the regional spread of and progress of the Bone and Joint Health Ingredients market, a country-by-country analysis of the market is provided in the report.
The global Bone and Joint Health Ingredients market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
By Product Type (Revenue, USD Million; 2018–2028)
- Vitamins Minerals
- Amino Acids
- Botanical Supplements
- Others
By Form (Revenue, USD Million; 2018–2028)
- Soft Gels/Pills
- Powder
- Liquid
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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