Market Size of Bone and Joint Health Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bone and Joint Health Ingredients Market Analysis
The bone and joint ingredients market is projected to witness a CAGR of 6.3% during the forecast period (2020 - 2027).
COVID-19 has uplifted the market studied in a way that ensures a long-term reliance of consumers on bone and joint health supplements. As hospitals are overwhelmed by COVID-19 patients, elective surgeries were canceled or indefinitely delayed. This, in turn, has led consumers toward immediate alternatives such as medications or supplements to ensure proper health, increasing the demand for associated industries, including bone and joint health ingredients. According to the NOF survey, osteoporosis patients continued appointments with doctors through various modes in COVID-19: 33% used telephone consultations, 21% used video consultations, 26% used face to face appointments, 18% used urgent 'in person' visits, and 3% used other modalities such as instant messaging or attendance for parenteral therapies. As a result, during major lockdowns, the market for bone and joint health ingredients remained mostly unaffected.
Increasing adoption of bone and joint health ingredients by pharmaceuticals and nutraceutical companies to treat various bone diseases is a vital factor escalating the market growth. Rising disposable income has also influenced consumers to adopt healthy lifestyles, which in turn increases the demand for the product. The rise in the aging population, rising diseases related to bone and health due to unhealthy lifestyles, and an increase in incidences of lifestyle diseases due to hectic schedules as well as changing lifestyle patterns are the major factors driving the bone and joint health ingredients market briskly.
The geriatric population is likely to drive the demand of the market. Moreover, athletes and gym-goers have also realized the importance of bone and joint health supplements and have started adopting them in order to prevent bone deterioration in the later parts of their lives. The market has recently witnessed the emergence of sports nutrition products promoting bone health ingredients.
Bone and Joint Health Ingredients Industry Segmentation
The bone and joint health ingredients market provides a range of health-oriented ingredients dedicated to dietary supplements, functional food and beverage, and other industries, such as pharmaceuticals. The product offerings of the market revolve around major ingredients, including Vitamin D, Vitamin K, Calcium, Collagen, Magnesium, Glucosamine, Omega-3, and Other Types. By Application, the market is segmented into Dietary Supplements, Functional Foods and Beverages, and Other Applications. By geography, the study covers North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. For each segment, the market sizing and forecasts have been done on the basis of the value (in USD million).
| By Type | |
| Vitamin D | |
| Vitamin K | |
| Calcium | |
| Collagen | |
| Magnesium | |
| Glucosamine | |
| Omega-3 | |
| Others |
| By Application | |
| Dietary Supplement | |
| Functional Food and Beverage | |
| Others |
| Geography | |||||||||
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Bone and Joint Health Ingredients Market Size Summary
The bone and joint health ingredients market is experiencing significant growth, driven by an increasing awareness of health issues and a rising demand for supplements that support bone and joint health. The market has shown resilience during the COVID-19 pandemic, as the postponement of elective surgeries led consumers to seek alternative solutions, such as supplements, to maintain their health. This shift has been further fueled by the growing adoption of these ingredients by pharmaceutical and nutraceutical companies to address various bone-related diseases. The aging population, along with the rising incidence of lifestyle-related diseases, is a major driver of market expansion, as older adults and health-conscious individuals, including athletes, increasingly recognize the importance of maintaining bone and joint health.
North America holds a significant share of the market, with consumers prioritizing preventive health measures and showing a strong preference for functional and fortified foods. The region's mature markets are witnessing a shift towards more holistic health solutions, contributing to the increased availability of bone and joint health supplements. Key players in the industry, such as Koninklijke DSM NV, Holista Colltech Ltd, and BASF SE, are actively engaging in strategic initiatives like mergers, acquisitions, and investments in research and development to enhance their product offerings and expand their market presence. These efforts are aimed at catering to diverse industries, including dietary supplements, food, pharmaceuticals, and beverages, thereby driving the market's growth trajectory.
Bone and Joint Health Ingredients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Vitamin D
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2.1.2 Vitamin K
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2.1.3 Calcium
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2.1.4 Collagen
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2.1.5 Magnesium
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2.1.6 Glucosamine
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2.1.7 Omega-3
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2.1.8 Others
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2.2 By Application
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2.2.1 Dietary Supplement
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2.2.2 Functional Food and Beverage
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2.2.3 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 South Africa
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2.3.5.2 United Arab Emirates
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2.3.5.3 Rest of Middle East & Africa
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Bone and Joint Health Ingredients Market Size FAQs
What is the current Bone and Joint Health Ingredients Market size?
The Bone and Joint Health Ingredients Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)
Who are the key players in Bone and Joint Health Ingredients Market?
Glanbia PLC, BASF SA, Koninklijke DSM NV, Archer Daniels Midland Company and Cargill, Incorporated are the major companies operating in the Bone and Joint Health Ingredients Market.
