In its latest report, Future Market Insights (FMI) estimates the global bone and joint health supplement market size to reach US$ 11,525.3 million in 2024. This upward trajectory is a result of growing geriatric population and the high prevalence of orthopedic disorders.
Emerging trends like escalating interest in preventive healthcare will provide additional thrust to the market, with global sales of bone and joint health supplements set to soar at 6.8% CAGR. Courtesy of this, the market revenue is forecast to total US$ 22,165.8 million by 2034.
Attributes | Key Insights |
---|---|
Global Bone and Joint Health Supplement Market Value in 2024 | US$ 11,525.3 million |
Bone and Joint Health Supplement Market Size in 2034 | US$ 22,165.8 million |
Value-based CAGR (2024 to 2034) | 6.8% |
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The target audience for the supplements is young adults moving into the middle and later life stages. This is because they are more attracted to bone and joint health supplements to support an active lifestyle and prevent fall-related injuries.
Bone and joint health supplements are formulated with essential nutrients, which include calcium, vitamin D, glucosamine, chondroitin, and collagen. They offer the strength to maintain joint function and strengthen bone integrity. Escalating awareness of the importance of bone and joint health will directly impact sales growth through 2034.
Growing geriatric population is putting bone and joint supplements into the limelight. According to the World Health Organization (WHO), around 2.1 billion people will be aged 60 or over by 2050. This suggests a higher need for nutritional supplements in the coming years.
Older people are susceptible to conditions like arthritis and osteoporosis, prompting them to use various dietary supplements and nutraceuticals. Maintaining an active lifestyle in older years requires developing strength and muscular mass and promoting joint health. This can be achieved by consuming age-related health supplements.
The market has a growing trend for formulations tailored to their customer's unique needs. Key manufacturers are introducing innovative products for specific customers to gain a competitive edge in the market.
Escalating health awareness and wellness trends are acting as catalysts triggering growth of the bone and joint health supplement market. A shift towards clean and natural supplements and booming e-commerce will further create growth opportunities for bone and joint supplement manufacturers.
Global bone and joint health supplement sales grew at a CAGR of 5.8% from 2019 to 2023. However, the future market prospects look brighter, with global demand for bone and joint health supplements set to surge at 6.8% CAGR.
The market is witnessing robust growth, pushed by growing health concerns, aging population, and high demand for preventive healthcare supplements. The aging population seeks to have a solution for maintaining body mobility, joint movement, and vitality, thereby propelling bone and joint health supplement demand.
Lifestyle trends are also supporting the growth of the global bone and joint health supplement industry. Working professionals with desk and office-based jobs are seeking supplements to manage the effects of prolonged sitting and physical inactivity. This is directing them toward bone and joint health supplements.
Digital health platforms, personalized nutrition solutions, and telephonic health services are forecast to increase the utilization of bone and joint health supplements. Manufacturers are prioritizing raw materials transparency, with standard regulatory frameworks to govern the growth in the bone and joint health supplement product market.
There is also a surging demand for specialized supplements due to consumer’s personalized fitness and nutrition plans. This can create lucrative growth opportunities for manufacturers between 2024 and 2034.
The global bone and joint health supplement industry is witnessing shift toward supplements derived from plant extracts, herbs, and marine ingredients like collagen. This is due to growing consumer preference for natural and organic supplements.
The below section shows the estimated growth projection of the top nations. The United States, Germany, and China remain the top consumers of bone and joint health supplements. On the other hand, Japan and South Korea are set to witness higher CAGRs of 7.9% and 7.3%, respectively, through 2034.
Countries | Bone and Joint Health Supplement Market CAGR (2024 to 2034) |
---|---|
Germany | 4.7% |
United States | 4.1% |
Japan | 7.9% |
China | 6.3% |
South Korea | 7.3% |
Countries | Bone and Joint Health Supplement Market Revenue in 2034 |
---|---|
United States | US$ 3,989.8 million |
Germany | US$ 1,884.6 million |
Japan | US$ 912.5 million |
China | US$ 1,721.4 million |
South Korea | US$ 487.1 million |
When it comes to bone and joint health supplement consumption, the United States leads from the forefront. Sales of bone and joint health supplements in the nation are forecast to surge at 4.1% CAGR, with total valuation touching US$ 3,989.8 million market by 2034.
The importance of holistic health is becoming more widely recognized in the United States as more customers understand how important it is to be mentally and physically fit. This is resulting in rising demand for bone and joint health supplements.
Consumers in the United States are seeking a healthier lifestyle due to their desire to 'feel healthy'. Supplements that might assist customers in following an all-inclusive wellness course are gaining popularity, creating growth opportunities for bone and joint supplement manufacturers.
Rising sales of health supplements through online platforms are enhancing the United States’s bone & joint health supplement market share. Similarly, escalating trend of preventive healthcare will generate growth prospects for the market.
Online mode makes it more convenient for customers to purchase products from multiple brands and manufacturers in one location. Customers can easily compare products and explore their options due to the convenience of purchase.
Bone and joint health supplement demand in Germany is picking up pace, recording a steady CAGR of 4.7%. Total revenue in the country is forecast to reach US$ 1,884.6 million by 2034, holding about 17.9% of the European bone and joint health supplement market share.
As consumers in Germany become more knowledgeable, their appetite for modified bone and joint health supplements increases. This, in turn, is creating higher demand for inventive personalized bone and joint health supplements in the country.
Japan is emerging as a hotbed for bone and joint health supplement manufacturers across East Asia. As per the latest analysis, Japan's bone and joint health supplement market is gathering pace, with demand rising at 7.9% CAGR.
One of the key factors fostering growth of the bone and joint health supplement industry in Japan is the growing geriatric population. Older people are prone to developing various bone and joint disorders, thereby necessitating usage of bone and health supplements.
According to the national data of Japan, more than 30% of the population, which is 125 million people, are above 65 years of age. Due to this broad target audience base, a robust CAGR for Japan's bone and joint support supplement market is on the horizon.
The section covers the leading segments of the global bone and joint health supplement market. By form, the capsules segment will likely hold a market share of 36.4% in 2024. Similarly, the online pharmacies category by sales channel is likely to generate a share of 16.8% by 2024.
Form | Capsules |
---|---|
Market Share in 2024 | 36.4% |
Consumers mostly prefer bone and joint health capsules over other forms, resulting in the target segment holding a prominent market share of 36.4% in 2024. Sales of bone and joint health supplement capsules are set to witness an uptick, rising at 4.4% CAGR and generating revenue worth US$ 7,359.0 million by 2034.
Capsules have a longer shelf life when compared with liquid and soft gels. This form is easy to store in dry storage. Consumers prefer capsules due to their easy-to-consume format, which can greatly improve the bioavailability of active ingredients.
Easy to swallow nature of tablets makes it a suitable pill format for consumers of all ages. They have the ability to mask stingy odors and unpleasant tastes of certain ingredients. This gives the bone and joint health capsule segment a slight edge over other forms.
Emerging trends, however, predict the gummies segment to rise into fame between 2024 and 2034. This is due to their advantages like convenience and palatability. Hence, key manufacturers will look to capitalize on these opportunities by offering trending products like bone and joint health supplement gummies and capsules.
Sales Channel | Online Pharmacies |
---|---|
Market Share in 2024 | 16.8% |
When it comes to purchasing bone and joint health supplements in the modern world, consumers prefer online pharmacies. This is because these sales channels offer better convenience. A robust CAGR of 8.6% is on the cards for the online pharmacies segment. It will probably total a valuation of US$ 6,256.3 million in 2034.
Online pharmacies allow consumers to purchase various bone and joint health supplements in the comfort of their homes without requiring a prescription. As a result, more and more customers are attracted to these sales channels.
For senior citizens over 65, online pharmacies are an advantage over store-based retail. Many online pharmacies also offer discounts, coupons, and bundle deals, making it attractive for people to purchase bone and joint health supplements from these online sales channels.
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The bone and joint health supplement market has a diverse and dynamic competitive landscape. To survive and succeed in this thriving industry, manufacturers of bone and joint supplements are constantly introducing new formulations in attractive forms like gummies, candies, and drinks. They are also marketing their products to older people susceptible to bone and joint diseases.
Companies are trying to innovate new ingredients and formulations such as vitamin K, collagen, and omega-3 to use in bone and joint health supplements. Similarly, they are focusing on using sustainable sources to appeal to eco-conscious customers.
Several bone and joint health supplement manufacturers are solidifying their presence on e-commerce platforms to expand their customer base and boost sales. They also employ strategies like distribution agreements, partnerships, collaborations, celebrity endorsements, and acquisitions to stay ahead of this expanding market.
Recent Developments in the Bone and Joint Health Supplement Market:
The global market value is forecast to total US$ 11,525.3 million in 2024.
The target industry recorded a 5.8% CAGR between 2019 and 2023.
Global demand is set to rise at 6.8% CAGR through 2034.
The bone & joint health supplement market size is set to reach US$ 22,165.8 million by 2034.
Nature's Bounty Co., NOW Foods, Pfizer Inc., and Bayer AG.
North America is set to hold a revenue share of 32.2% through 2034.
The global bone health supplement market size reached US$ 18,234.1 million in 2023.
Glucosamine.
North America.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends By Region
3.5. Forecast Factors - Relevance & Impact
3.6. Key Regulations and Policies
4. Value Chain Analysis
4.1. Operating margins at each node of the supply chain
4.2. List of Active Market Participants
5. Global Market- Pricing Analysis
5.1. Price Point Assessment by Region
5.1.1. Manufacturer-Level Pricing
5.1.2. Distributor Level Pricing
5.2. Price Point Assessment By Product
5.3. Price Forecast till 2034
6. Global Market Size in Value (US$ million) and Analysis 2019 to 2023 and Forecast, 2024 to 2034
6.1. Historical Market Size in Value (US$ million) and Analysis, 2019 to 2023
6.2. Current and Future Market Size in Value (US$ million) and Analysis, 2024 to 2034
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Global Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
7.1. Introduction / Key Findings
7.2. Historical Market Size in Value (US$ million) and Analysis By Product Type, 2019 to 2023
7.3. Current and Future Market Size in Value (US$ million) and Analysis and Forecast By Product Type, 2024 to 2034
7.3.1. Calcium Supplements
7.3.2. Vitamin D Supplements
7.3.3. Glucosamine and Chondroitin Supplements
7.3.4. Omega-3 Fatty Acid Supplements
7.3.5. Herbal Supplements
7.3.6. Multivitamins with Minerals
7.4. Market Attractiveness Analysis By Product Type
8. Global Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form
8.1. Introduction / Key Findings
8.2. Historical Market Size in Value (US$ million) and Analysis By Form, 2019 to 2023
8.3. Current and Future Market Size in Value (US$ million) and Analysis and Forecast By Form, 2024 to 2034
8.3.1. Tablets
8.3.2. Capsules
8.3.3. Liquids
8.3.4. Powders
8.3.5. Gummies
8.3.6. Soft Gels
8.4. Market Attractiveness Analysis By Form
9. Global Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
9.1. Introduction / Key Findings
9.2. Historical Market Size in Value (US$ million) and Analysis By Sales Channel, 2019 to 2023
9.3. Current and Future Market Size in Value (US$ million) and Analysis and Forecast By Sales Channel, 2024 to 2034
9.3.1. Store Based
9.3.1.1. Modern Trade
9.3.1.2. Hospital Pharmacies
9.3.1.3. Retail Pharmacies
9.3.1.4. Drug Stores
9.3.2. Online Pharmacies
9.4. Market Attractiveness Analysis By Sales Channel
10. Global Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. Introduction
10.2. Historical Market Size in Value (US$ million) and Analysis By Region, 2019 to 2023
10.3. Current Market Size in Value (US$ million) and Analysis and Forecast By Region, 2024 to 2034
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. East Asia
10.3.5. South Asia
10.3.6. Oceania
10.3.7. Middle East & Africa
10.4. Market Attractiveness Analysis By Region
11. North America Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
11.1. Introduction
11.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
11.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
11.3.1. By Country
11.3.1.1. United States
11.3.1.2. Canada
11.3.2. By Product Type
11.3.3. By Form
11.3.4. By Sales Channel
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Product Type
11.4.3. By Form
11.4.4. By Sales Channel
11.5. Key Takeaways
12. Latin America Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
12.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
12.3.1. By Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Argentina
12.3.1.4. Rest of Latin America
12.3.2. By Product Type
12.3.3. By Form
12.3.4. By Sales Channel
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. Product Type
12.4.3. By Form
12.4.4. By Sales Channel
12.5. Key Takeaways
13. Europe Market Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
13.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
13.3.1. By Country
13.3.1.1. Germany
13.3.1.2. United Kingdom
13.3.1.3. France
13.3.1.4. Italy
13.3.1.5. Spain
13.3.1.6. BENELUX
13.3.1.7. Nordic
13.3.1.8. Russia
13.3.1.9. Poland
13.3.1.10. Rest of Europe
13.3.2. By Product Type
13.3.3. By Form
13.3.4. By Sales Channel
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Product Type
13.4.3. By Form
13.4.4. By Sales Channel
13.5. Key Takeaways
14. East Asia Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
14.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
14.3.1. By Country
14.3.1.1. China
14.3.1.2. Japan
14.3.1.3. South Korea
14.3.2. By Product Type
14.3.3. By Form
14.3.4. By Sales Channel
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Product Type
14.4.3. By Form
14.4.4. By Sales Channel
14.5. Key Takeaways
15. South Asia Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
15.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
15.3.1. By Country
15.3.1.1. India
15.3.1.2. Thailand
15.3.1.3. Malaysia
15.3.1.4. Indonesia
15.3.1.5. Singapore
15.3.1.6. Vietnam
15.3.1.7. Philippines
15.3.1.8. Rest of South Asia
15.3.2. By Product Type
15.3.3. By Form
15.3.4. By Sales Channel
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Product Type
15.4.3. By Form
15.4.4. By Sales Channel
15.5. Key Takeaways
16. Oceania Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
16.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
16.3.1. By Country
16.3.1.1. Australia
16.3.1.2. New Zealand
16.3.2. By Product Type
16.3.3. By Form
16.3.4. By Sales Channel
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Product Type
16.4.3. By Form
16.4.4. By Sales Channel
16.5. Key Takeaways
17. Middle East & Africa Market Size in Value (US$ million) Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
17.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
17.3.1. By Country
17.3.1.1. GCC Countries
17.3.1.2. Turkiye
17.3.1.3. Egypt
17.3.1.4. South Africa
17.3.1.5. Rest of Middle East & Africa
17.3.2. By Product Type
17.3.3. By Form
17.3.4. By Sales Channel
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Product Type
17.4.3. By Form
17.4.4. By Sales Channel
17.5. Key Takeaways
18. Country-level Market Analysis, 2024
18.1. United States Market Analysis
18.1.1. By Product Type
18.1.2. By Form
18.1.3. By Sales Channel
18.2. Canada Market Analysis
18.2.1. By Product Type
18.2.2. By Form
18.2.3. By Sales Channel
18.3. Brazil Market Analysis
18.3.1. By Product Type
18.3.2. By Form
18.3.3. By Sales Channel
18.4. Mexico Market Analysis
18.4.1. By Product Type
18.4.2. By Form
18.4.3. By Sales Channel
18.5. Argentina Market Analysis
18.5.1. By Product Type
18.5.2. By Form
18.5.3. By Sales Channel
18.6. Germany Market Analysis
18.6.1. By Product Type
18.6.2. By Form
18.6.3. By Sales Channel
18.7. United Kingdom Market Analysis
18.7.1. By Product Type
18.7.2. By Form
18.7.3. By Sales Channel
18.8. France Market Analysis
18.8.1. By Product Type
18.8.2. By Form
18.8.3. By Sales Channel
18.9. Italy Market Analysis
18.9.1. By Product Type
18.9.2. By Form
18.9.3. By Sales Channel
18.10. Spain Market Analysis
18.10.1. By Product Type
18.10.2. By Form
18.10.3. By Sales Channel
18.11. Belgium Market Analysis
18.11.1. By Product Type
18.11.2. By Form
18.11.3. By Sales Channel
18.12. Netherlands Market Analysis
18.12.1. By Product Type
18.12.2. By Form
18.12.3. By Sales Channel
18.13. Nordic Market Analysis
18.13.1. By Product Type
18.13.2. By Form
18.13.3. By Sales Channel
18.14. Russia Market Analysis
18.14.1. By Product Type
18.14.2. By Form
18.14.3. By Sales Channel
18.15. Poland Market Analysis
18.15.1. By Product Type
18.15.2. By Form
18.15.3. By Sales Channel
18.16. China Market Analysis
18.16.1. By Product Type
18.16.2. By Form
18.16.3. By Sales Channel
18.17. Japan Market Analysis
18.17.1. By Product Type
18.17.2. By Form
18.17.3. By Sales Channel
18.18. South Korea Market Analysis
18.18.1. By Product Type
18.18.2. By Form
18.18.3. By Sales Channel
18.19. India Market Analysis
18.19.1. By Product Type
18.19.2. By Form
18.19.3. By Sales Channel
18.20. Thailand Market Analysis
18.20.1. By Product Type
18.20.2. By Form
18.20.3. By Sales Channel
18.21. Malaysia Market Analysis
18.21.1. By Product Type
18.21.2. By Form
18.21.3. By Sales Channel
18.22. Vietnam Market Analysis
18.22.1. By Product Type
18.22.2. By Form
18.22.3. By Sales Channel
18.23. Philippines Market Analysis
18.23.1. By Product Type
18.23.2. By Form
18.23.3. By Sales Channel
18.24. Indonesia Market Analysis
18.24.1. By Product Type
18.24.2. By Form
18.24.3. By Sales Channel
18.25. Singapore Market Analysis
18.25.1. By Product Type
18.25.2. By Form
18.25.3. By Sales Channel
18.26. Australia Market Analysis
18.26.1. By Product Type
18.26.2. By Form
18.26.3. By Sales Channel
18.27. New Zealand Market Analysis
18.27.1. By Product Type
18.27.2. By Form
18.27.3. By Sales Channel
18.28. GCC Countries Market Analysis
18.28.1. By Product Type
18.28.2. By Form
18.28.3. By Sales Channel
18.29. Turkiye Market Analysis
18.29.1. By Product Type
18.29.2. By Form
18.29.3. By Sales Channel
18.30. Egypt Market Analysis
18.30.1. By Form
18.30.2. By Sales Channel
18.31. South Africa Market Analysis
18.31.1. By Product Type
18.31.2. By Form
18.31.3. By Sales Channel
19. Market Structure Analysis
19.1. Global Competition - a Dashboard View
19.2. Industry Structure Analysis
19.2.1. % tier 1 market players
19.2.2. % tier 2 market players
19.2.3. % tier 3 market players
19.3. Global Market Company Share Analysis
19.3.1. For Tier 1 Market Players, 2024
19.3.2. Company Market Share Analysis of Top 5 Players, By Region
19.4. Key Participants Market Presence (Intensity Mapping) by Region
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. Nature's Bounty Co.
20.3.1.1. Product Portfolio
20.3.1.2. Product Claim
20.3.1.3. Revenue by Market Segments(Product Type/ Form/Sales Channel/Region)
20.3.1.4. Sales Footprint
20.3.1.5. Strategy Overview
20.3.1.5.1. Marketing Strategy
20.3.1.5.2. Product Strategy
20.3.1.5.3. Channel Strategy
20.3.1.6. SWOT Analysis
20.3.2. GNC Holdings, Inc.
20.3.3. NOW Foods
20.3.4. Reckitt Benckiser Group plc
20.3.5. Pfizer Inc.
20.3.6. Bayer AG
20.3.7. GlaxoSmithKline (GSK)
20.3.8. Nestlé Health Science
20.3.9. DSM
20.3.10. Puritan's Pride
20.3.11. Dr. Reddy's Laboratories
20.3.12. Angelini Pharma
20.3.13. Other Players (On Additional Requests)
21. Assumptions and Acronyms Used
22. Research Methodology
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