Press release
Global Bone and Joint Health Supplements Market Size, Share, Revenue, Gross Margin, Segment and Forecast 2026
The market for Bone and Joint Health Supplements Market growing with the expansion of this Industry Sector Worldwide. Market Research Report Search Engine (MRRSE) has added a new report titled “Global Market Study on Bone and Joint Health Supplements: Men to Exhibit High Demand Owing to Hectic Schedules and Growing Awareness of Proper Nutrition to Maintain Bone Health” which offer details about the current trends as well as scope for the near future. This research study also covers information about the production and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the concerned Bone and Joint Health Supplements Market is highlighted in the report which indicates a prosperous future.Download Exclusive PDF Sample on Bone and Joint Health Supplements Market Report @ https://www.mrrse.com/sample/16739
The global bone and joint health supplements market is expected to witness substantial growth during the forecast period. Market growth is primarily driven by growing demand for dietary supplements from the geriatric population. The bone and joint health supplements market is expected to witness significant revenue growth over the forecast period, owing to a rise in the population of baby boomers along with increasing lifestyle diseases. The market was valued at US$ 21,323.8 Mn in the year 2017, while by the end of 2026, the global market for bone and joint health supplements is likely to reach a valuation of US$ 41,458.9 Mn, expanding at a CAGR of 7.7% during the projected period of eight years.
The vitamins & minerals ingredient type segment is expected to be the most attractive in the bone and joint health supplements market
Among the ingredient types, the vitamins & minerals segment is expected to register a healthy CAGR of 7.6% during the forecast period, and is expected to be the most attractive segment in the global bone and joint health supplements market over the forecast period. This segment is expected to account for a value share of more than 42.4% in 2017. The segment is estimated to be valued at US$ 9,035.3 Mn by 2017 end and is expected to reach a value of US$ 17,430.7 Mn by the end of 2026, creating an absolute $ opportunity of close to US$ 605.0 Mn in 2017 over 2016, and an incremental $ opportunity of nearly US$ 7,721.7 Mn between 2018 and 2026.
Growing demand for dietary supplements across the world is likely to boost the global bone and joint health supplements market
In the recent past, there has been a steady increase in incidences of lifestyle diseases due to hectic schedules as well as changing lifestyle patterns. Thus, consumers are taking preventive measures for reducing the effects of lifestyle diseases. Degenerative joint disease is a most common type of arthritis. Hence, bone and joint health supplements should be consumed to prevent and reduce the effects of such diseases. These supplements also contain amino acids and vitamins as ingredients which control blood pressure. This is expected to drive the growth of the bone and joint health supplements market.
Rising health awareness and increasing disposable income has influenced consumers to adopt healthy lifestyles, complemented by dietary supplements. To capitalize on this trend, companies are focused on launching new dietary supplements to prevent diseases, treat nutritional deficiencies, and also to enhance general wellbeing of consumers. Also, with rising disposable income and a growing awareness about health, consumers are spending on such dietary supplements in order to keep themselves fit and healthy.
Gain Full Access of Bone and Joint Health Supplements Market Report along with complete TOC @ https://www.mrrse.com/bone-and-joint-health-supplements-market
At present, Brazil is expected to be the third largest healthcare market in the world behind the U.S. and China. The baby boomers population in Brazil is growing three times faster than in the U.S. An increasing baby boomers population in Latin America leads to growing concerns about arthritis joint pain. As a result, the bone and joint health supplements market is rapidly growing in the developed as well as developing countries. With the increasing diseases such as osteoarthritis, rheumatoid arthritis, and arthritis related conditions in the baby boomers population, manufacturers are developing new health supplements in the form of powder and liquid on a wide scale in order to strengthen the bones of consumers. Hence, this population is significantly expected to drive the bone and joint health supplements market in the near future.
Market Segmentation
The research report on the global bone and joint health supplements market includes an in-depth analysis on each segment of the entire market. The market segmentation covers ingredient form, end user, distribution channel, ingredient type, and region.
By Form
Soft Gels/Pills
Powder
Liquid
By End User
Men
Women
Senior Citizen
Others
By Distribution Channel
Pharmacies Drug Stores
Health & Beauty Stores
Specialty Stores
Online Sales
Other Sales Channel
By Ingredient Type
Vitamins & Minerals
Amino Acids
Botanical Supplements
Others
By Region
North America
Latin America
Europe
APAC
MEA
Enquire More about This Report @ https://www.mrrse.com/enquiry/16739
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