Overview of the global bone and joint supplement market
According to the bone and joint supplement market analysis, the global bone and joint supplement market will grow steadily over the forecasted period and post a CAGR of more than 7% by 2021. The rising consumption of unhealthy food and lack of physical exercises gives incidence to health problems like weak bones, joint pain, and various bone-related diseases. Deficiency of calcium, vitamin D, and other essential nutrients in food is a major cause of bone-related diseases. Consequently, supplements are prescribed by the doctors to prevent and treat these diseases in the early stages. Doctors recommend the intake of artificial nutrients either as a treatment or prevention that are available in powder, pill, capsule, tablet and liquid forms. This market analysis identifies the rising incidences of bone diseases and joint replacement surgeries as one of the key trends behind the growth of this market.
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The consumption of ready-to-eat nutrients is steadily increasing due to the desire of consumers to achieve the required nutrition level. Due to lack of nutrients in food or some health issue that resists the nutrients, consumer segments such as sportspersons, people from the fitness industry, the geriatric population, and people with short-term bone and joint disorders are the major consumers of this market. Supplements such as calcium, magnesium, and vitamins are progressively used by the sports and fitness industry, among other end-users, to fortify bones and joints. Growing adoption of ready-to-eat nutritional supplements is one of the key trends behind the growth of this market.
Competitive landscape and key vendors
The market is highly competitive and fragmented due to the presence of several large and regional players. The players compete based on quality, pricing, market reach, and financial resources and the players aim towards increasing geographical reach, market penetration, targeted end-user, and product segments for higher sales. Vendors must distinguish their product and service offerings to attain a competitive advantage in the market.
Based on the bone and joint supplement market outlook, the leading vendors in the market are
- Archer Daniels Midland Company
- Cargill
- DSM
- ESM Technologies
The other prominent vendors in the market are BASF, Bergstrom Nutrition, BioScience Nutrition, ETHICAL NATURALS, Kappa Bioscience, Nature's Bounty, and Reckitt Benckiser.
Segmentation by product type and analysis of the bone and joint supplement market
- Joint Supplements
- Bone Supplements
The increased cases of arthritis, gout, knee replacement surgeries, and other joint-related medical cases such as joint replacement surgeries in the adult and geriatric population, in addition to, the rising sports and fitness industry is influencing the growth of the joint supplement segment in this market throughout the forecast period.
Segmentation by intake type and analysis of the bone and joint supplement market
- Injectable
- Non-injectable
Based on the bone and joint supplement market insight, the non-injectable supplement segment consists of supplement powders, capsules, tonics, and syrups. This segment was primarily preferred due to their ease of use at home and easy availability of over-the-counter medicines. The non-injectable supplement segment accounted for the major shares of this market throughout the forecast period.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global bone and joint supplement market?
- What are the key market trends impacting the growth of the global bone and joint supplement market?
- What are the challenges to market growth?
- Who are the key vendors in the global bone and joint supplement market?
- What are the market opportunities and threats faced by the vendors in the global bone and joint supplement market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global bone and joint supplement market?
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Market overview
- Global bone supplements market
- Global joint supplements market
PART 07: Geographical segmentation
- Market overview
- Bone and joint supplements market in Americas
- Bone and joint supplements market in EMEA
- Bone and joint supplements market in APAC
PART 08: Market segmentation by intake type
- Market overview
- Global injectable bone and joint supplements market
- Global non-injectable bone and joint supplements market
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Growing adoption of ready-to-use nutritional supplements
- Availability of supplements online
- Growing awareness about bone and joint-related diseases and preventive medicines
- Increasing number of nutritionists and food consultants
PART 12: Vendor landscape
PART 13: Key vendor analysis
- Archer Daniels Midland Company
- Cargill
- DSM
- ESM Technologies
- Other prominent vendors
PART 14: Appendix