Bone And Joint Health Supplements Market Is Projected To Grow Substantially By 2032 || Nature`s Bounty Inc., Procter & Gamble, Amway, BASF SE

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

Bone And Joint Health Supplements Market Size, Growth Rate, And Forecast

The global bone and joint health supplements market size 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%.

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Bone And Joint Health Supplements Market Drivers

The increasing prevalence of osteoporosis is expected to propel the growth of the bone and joint health supplements market going forward. The people who have a low calcium intake are more likely to develop osteoporosis. A lifelong calcium deficiency contributes to the development of osteoporosis. It refers to a condition of the bones where the quality or structure of the bones alters or when the loss of bone mass and bone mineral density occurs. The bone and joint health supplements are made to halt bone loss and possibly increase bone density again to prevent fractures. 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.

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Bone And Joint Health Supplements Market Segments
• By Type: Vitamin D, Vitamin K, Calcium, Collagen, Omega-3 Fatty acids, Glucosamine-Chondroitin, Other Type

• By Form Type: Tablets, Capsules, Liquid, Powder, Other forms

• By Application Type: Dietary Supplements, Functional Foods and Beverages, Other application types

• By Distribution Channel Type: Supermarkets/Hypermarkets, Pharmacies, Health Stores, Convenience Stores, Internet Retailing, Other Distribution Channels

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the bone and joint health supplements market.

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Bone And Joint Health Supplements Market Key Players
Major competitors 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.

The Business Research Company's "Global Bone And Joint Health Supplements Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Bone And Joint Health Supplements Market Include:
1. Executive Summary
2. Bone And Joint Health Supplements Market Characteristics
3. Bone And Joint Health Supplements Market Trends And Strategies
4. Bone And Joint Health Supplements Market - Macro Economic Scenario
5. Bone And Joint Health Supplements Market Size And Growth
………………
27. Bone And Joint Health Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bone And Joint Health Supplements Market
29. Bone And Joint Health Supplements Market Future Outlook and Potential Analysis
30. Appendix

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