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Bone Broth Market Size, Share, Growth,Trends,Industry, Forecast and Outlook (2024-2031)

03-07-2024 11:41 AM CET | Food & Beverage

Press release from: DataM Intelligence

Bone Broth Market Size, Share, Growth,Trends,Industry,

The popularity of bone broth has surged in recent years, appealing to both millennials and the elderly, thanks to its recognized nutritional benefits. This upward trend is expected to continue, driven by factors such as improved joint health, enhanced bone strength, and positive effects on knee health. Consumers are increasingly drawn to bone broth due to these advantages, resulting in its widespread acclaim.Its numerous nutritional properties, including support for weight loss and reduction of inflammation, contribute to its growing popularity. The high protein content, collagen-derived amino acids, and ensuing health advantages of bone broth, including support for digestive health, are well documented. There are numerous varieties of bone broth available. Beef, chicken, and fishbone broth are the most popular variations. These can be manufactured at home and are also available for purchase in liquid and dehydrated forms.

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Market Dynamics

The demand for health and wellness food and beverages has been on the rise, and bone broth fits well into this trend. Bone broth is rich in nutrients, including collagen, amino acids, minerals, and gelatin. These components are known to support joint health, promote gut health, aid in digestion, and boost overall immunity. As consumers prioritize nutrition and functional foods, bone broth's nutritional profile becomes appealing.Bone broth offers a range of nutritional benefits. In a single serving, bone broth typically contains around 6-12 grams of protein, providing essential amino acids necessary for various bodily functions.It is also a notable source of collagen, with amounts varying depending on the bones used. Collagen contributes to skin elasticity, joint health, and connective tissue support. Additionally, bone broth is rich in minerals such as calcium, magnesium, phosphorus, and potassium, which are important for bone health and electrolyte balance.

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Segment Analysis

The global bone broth market is segmented based on nature, source, application, distribution channel, and region.Rising Demand For Organic ProductsBased on nature, the bone broth market is classified into organic and conventional.In 2022, organic bone broth had the highest share of the market. As consumers become more health-conscious and aware of the potential benefits of organic food, they are seeking out organic alternatives, including bone broth. Organic bone broth is made from ingredients sourced from organic farming practices, ensuring that no synthetic pesticides, hormones, or genetically modified organisms are used. This emphasis on organic and natural ingredients is resonating with consumers who prioritize clean and sustainable food options, thereby fueling the growth of the organic segment in the bone broth market.

Competitive Landscape

The major global players include Bare Bones Broth Co, LonoLife, Bonafide Provisions, Erie Bone Broth, Kettle & Fire, Inc, Left Coast Performance, Pacific Foods of Oregon LLC, Nutraholics, Ancient Brands LLC., Del Monte Foods Inc.

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