Bone And Joint Health Supplements Market
Bone And Joint Health Supplements Market
The market for Bone And Joint Health Supplements was estimated at $13.50 billion in 2024; it is anticipated to increase to $21.3 billion by 2030, with projections indicating growth to around $31.2 billion by 2035.
Global Bone And Joint Health Supplements Market Outlook
Revenue, 2024 (US$B)
$13.5B
Forecast, 2034 (US$B)
$28.9B
CAGR, 2024 - 2034
7.9%
Market Key Insights
- The Bone And Joint Health Supplements market is projected to grow from $13.5 billion in 2024 to $28.9 billion in 2034. This represents a CAGR of 7.9%, reflecting rising demand across Osteoporosis Treatment, Arthritis Management and Sports Nutrition.
- Amway, Herbalife Nutrition, Pfizer are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Bone And Joint Health Supplements market and are expected to observe the growth CAGR of 5.1% to 7.6% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 9.1% to 10.9%.
- Transition like Shift Towards Natural Ingredients is expected to add $2.3 billion to the Bone And Joint Health Supplements market growth by 2030
- The Bone And Joint Health Supplements market is set to add $15.4 billion between 2024 and 2034, with manufacturer targeting Nutraceuticals & Sports Nutrition End-Users projected to gain a larger market share.
- With Rising prevalence of bone and joint disorders, and Growing health consciousness among consumers, Bone And Joint Health Supplements market to expand 114% between 2024 and 2034.
Opportunities in the Bone And Joint Health Supplements
The growing number of individuals presents a valuable market opportunity for Bone and Joint Health Supplements companies to explore further avenues, for growth and product development tailored to the specific requirements of this age group whose bone and joint health tends to deteriorate with time.
Growth Opportunities in North America and Asia Pacific
North America Outlook
Asia Pacific Outlook
Market Dynamics and Supply Chain
Driver: Rising Prevalence of Bone and Joint Disorders, and Technological Advancements in Supplement Formulations
Restraint: Regulatory Challenges
Opportunity: Strategic Collaborations for Market Expansion and Technological Innovations in Supplement Production
Challenge: High Costs and Limited Reimbursement
Supply Chain Landscape
Raw Material Suppliers
Glanbia Nutritionals
Rousselot
Gelita
Supplement Formulation
NOW Foods
Nature's Bounty
Distribution & Wholesale
McKesson Corporation
AmerisourceBergen Corporation
Retail & End-User Markets
Walgreens
Walmart
Amazon
Raw Material Suppliers
Glanbia Nutritionals
Rousselot
Gelita
Supplement Formulation
NOW Foods
Nature's Bounty
Distribution & Wholesale
McKesson Corporation
AmerisourceBergen Corporation
Retail & End-User Markets
Walgreens
Walmart
Amazon