The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s bone and joint health supplements market report forecasts the bone and joint health supplements market size to grow to $17.54 Billion by 2027, with a CAGR (compound annual growth rate) of 8%.

Learn More On The Bone And Joint Health Supplements Market Report 2023 – https://www.thebusinessresearchcompany.com/report/bone-and-joint-health-supplements-global-market-report

Bone And Joint Health Supplements Market Size Forecast
The global bone and joint health supplements market is expected to grow from $11.84 billion in 2022 to $12.85 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The bone and joint health supplements market is expected to grow to $17.54 billion in 2027 at a CAGR of 8.0%.

North America held the largest bone and joint health supplements market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Bone And Joint Health Supplements Market Driver ­– Increase In The Prevalence Of Osteoporosis
For instance, In May 2022, according to a statistics published by Amgen, a US-based, biotechnology company, states that every year, osteoporosis causes roughly 1.5 million fractures in the United States, resulting in $19 billion in associated costs.Furthermore, the annual number of fractures caused by osteoporosis is expected to rise by 68% from 2018 to 2040, from 1.9 million to 3.2 million. Therefore, an increase in prevalence of osteoporosis will drive the bone and joint health supplements market.

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Key Bone And Joint Health Supplements Market Trend – Product Innovations
Many companies operating in the bone and joint health supplements market are focused on innovating new products to sustain their position in the market. Recently, the market has witnessed the use of liquid fill technology, nanotechnology in the production of bone and joint health supplements. This technological innovation ensure to fill an accurate amount of liquid in bottle and containers. For instance, in July 2020, Laboratorios Ordesa, a Spain-based infant nutrition and nutritional supplement company, launched Colnatur® Forte, an innovative food supplement that is particularly recommended for the intensive treatment of bones and joints. The product’s unique composition is based on b-2Cool®, a native type II collagen from Bioiberica, as well as vitamin C, willow extract, and devil’s claw (harpagophytum procumbens) extract. Bioiberica’s unique component B-2Cool® supplies native type II collagen.

Bone And Joint Health Supplements Market Segment
1) By Type: Vitamin D, Vitamin K, Calcium, Collagen, Omega-3 Fatty acids, Glucosamine-Chondroitin, Other Type
2) By Form Type: Tablets, Capsules, Liquid, Powder, Other forms
3) By Application Type: Dietary Supplements, Functional Foods and Beverages, Other application types
4) By Distribution Channel Type: Supermarkets/Hypermarkets, Pharmacies, Health Stores, Convenience Stores, Internet Retailing, Other Distribution Channels

Bone And Joint Health Supplements Market Major Players and Strategies
Major players in the bone and joint health supplements market are Nature`s Bounty Inc., Procter & Gamble, Amway, BASF SE, Archer Daniels Midland, Reckitt Benckiser, Pfizer Inc., Vita Life Sciences Ltd., Glanbia Plc, Nutramax Laboratories Consumer Care Inc., Koninklijke DSM N.V., Xtend-Life, Bergstrom Nutrition Inc., BioScience Nutrition, Herbs Nutriproducts Pvt Ltd., Arazo Nutrition, Vitawin, Pure Encapsulations LLC, and Abbott Laboratories.

In August 2021, Nestlé Health Science, a Switzerland-based provider of nutrition solutions, diagnostics, devices, and drugs, acquired Bountiful Company’s core brands for an undisclosed amount. This acquisition provides Nestlé Health Science with more trusted products and methods to improve clients’ health worldwide. Bountiful Company is a US-based joint care supplement brand.

The Bone And Joint Health Supplements Global Market Report 2023 covers regional data on bone and joint health supplements market size, bone and joint health supplements market trends and drivers, opportunities, strategies, and bone and joint health supplements market competitor analysis. The countries covered in the bone and joint health supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Bone and joint health supplements refer to calcium, minerals, and several vitamins such as vitamin D and vitamin K that are essential for bone health as they help in preserving bone density and avoiding bone degeneration in joints. These supplements are used to increase range of motion, lessen pain from arthritis, speed up the healing process after injuries, and keep the joints overall healthy by developing strong, dense bones.

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