The global bone supplements market is anticipated to grow at a CAGR of 7.0% during the forecast period (2022- 2028). The market is rising owing to various factors such as the rise in the trend of preventive medicine among the middle age group for the protection against bone and joint disorders. In addition, the rising consumption of ready to eat food in urban areas due to hectic lifestyle which is low in nutrition necessitates the use of supplements for bone. No intake of low-nutrient food for a long-time result in deficiency of calcium, Vitamin D, and other essential nutrients is becoming a cause of bone-related disorders. These are some factors that are driving the growth of the global bone supplement market. Rising participation in sports that has a risk of fractures and injury are also some of the key factors that are encouraging the demand for bone supplements. Individuals of different age groups now practice some sports for exercise and fitness which makes them fit to fight against any injury and accidents.
The market is segmented based on the type, form, and distribution channel. Based on the type, the market is sub-segmented into vitamins & minerals, amino acids, magnesium, calcium, and botanical supplements. Vitamins and minerals are micronutrients required by the body to carry out a range of normal functions. Production of these micronutrients depends upon the food. Amino acids are molecules that combine to form proteins. Calcium is a mineral most often associated with healthy bones and teeth. Botanical dietary supplements, also known as herbals or herbal dietary supplements, are products made from plants, plant parts, or plant extracts. These supplements types are very important for the bones and health of a person and are available in soft gels, powder, and liquid form.
Some major players in the market include Procter and Gamble, Amway India Enterprise Pvt Ltd, Reckitt Benckiser Group Plc, and Nature’s Bounty. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in 2022, Amway India Enterprise Pvt Ltd signs a Mou with IIT-Bombay to institute research in the field of health supplements, Nutraceuticals, Botanicals, and herb supplements. Additionally, in 2021, YourZooki launched the first liposomal collagen supplement in the United Kingdom. Citrus Lime-flavored Collagen Zooki contains an impressive 5000mg of Marine Collagen per serving.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Form
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Procter and Gamble, Amway Corp., and Reckitt Benckiser Group plc, among others.
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Global Bone Supplements Market Report by Segment
By Type
- Vitamins & Minerals
- Amino Acids
- Magnesium
- Calcium
- Botanical Supplements
By Form
- Soft Gels
- Powder
- Liquid
By Distribution Channel
- Supermarkets
- Pharmacies
- Health Stores
- Specialty Stores
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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