Bone and Joint Health Supplement Market Size, Share, Trends, Growth and Forecast 2032

Bone and Joint Health Supplement Industry Prospective:

The global bone and joint health supplement market size was evaluated at $11 billion in 2023 and is slated to hit $16 billion by the end of 2032 with a CAGR of nearly 9% between 2024 and 2032.

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Bone and Joint Health Supplement Market: Overview

Bone & joint health supplements are food supplements comprising of nutrients and other ingredients that can improve the bone & joint health. Additionally, these health supplements help the patients suffering from osteoporosis, joint pain, and arthritis. For the record, these products comprise of various kinds of minerals, vitamins, and natural compounds which help in improving bone density, musculoskeletal health, and joint flexibility.  

Key Insights

• As per the analysis shared by our research analyst, the global bone and joint health supplement market is projected to expand annually at the annual growth rate of around 9% over the forecast timespan (2024-2032)
• In terms of revenue, the global bone and joint health supplement market size was evaluated at nearly $11 billion in 2023 and is expected to reach $16 billion by 2032.
• The global bone and joint health supplement market is anticipated to grow rapidly over the forecast timeline owing to a surge in the awareness about micronutrient deficiencies such as magnesium, calcium, and vitamin D along with consumption of organic supplements.
• In terms of product type, the vitamins & minerals segment is slated to register the highest CAGR over the forecast period.
• Based on form, the capsules segment is predicted to contribute majorly towards segmental space in the upcoming years.
• Region-wise, the Asia-Pacific bone and joint health supplement industry is projected to register the fastest CAGR during the assessment timespan.

Bone and Joint Health Supplement Market: Growth Factors

Growing surge in the aging populace susceptible to bone ailments to trigger the global market trends

An increase in the elderly population prone to orthopedic disorders can augment the expansion of the global bone and joint health supplement market. Moreover, a surge in the awareness about micronutrient deficiencies such as magnesium, calcium, and vitamin D along with consumption of organic supplements will spur the global market trends.

In addition to this, a surge in the popularity of digital shopping activities along with focus on preventive healthcare will expedite the global market expansion. Furthermore, surging disposable income has encouraged people in investing in health & wellness activities, thereby steering the growth of the market across the globe. 

Bone and Joint Health Supplement Market: Restraints

Surging product prices can impede the global industry expansion over forecast period

Huge research & development charges and side effects such as allergic reactions & digestive issues caused due to product intake can restrict the global bone and joint health supplement industry expansion. Rising costs of the product can obstruct the global industry expansion in the years ahead.

Bone and Joint Health Supplement Market: Opportunities

Flourishing e-commerce activities to shape the global market growth in the coming eight years

New product development and flourishing e-commerce sector are expected to create new growth dimensions for the global bone and joint health supplement market. Moreover, an increase in the focus on holistic health approaches and technological breakthroughs are projected to prop up the scope of the global market surge in the coming few years.

Bone and Joint Health Supplement Market: Challenges

Discrepancies in the compensation policies regarding product insurance coverage can deter the global industry expansion

A large number of healthcare insurance firms do not cover bone & joint health supplement costs and this makes it expensive for end-users. This factor can challenge the global bone and joint health supplement industry surge in the coming couple of years. Additionally, prescribed medicines have proved to be more effective & inexpensive for treating osteoporosis and arthritis in comparison to health supplements and this has retarded the global industry space.

Bone and Joint Health Supplement Market: Report Scope

Bone and Joint Health Supplement Market: Segmentation

The global bone and joint health supplement market is divided into product type, form, and region.                                             

In terms of product type, the bone and joint health supplement market across the globe is segmented into vitamins & minerals, omega-3 fatty acids, herbal & botanical ingredients, glucosamine & chondroitin, and protein supplements segments. Apparently, the vitamins & minerals segment, which garnered nearly 71% of the global market revenue in 2023, is set to record fastest CAGR in the coming few years owing to ability of vitamin D, vitamin K, calcium, and magnesium in improving bone health. Moreover, surging awareness about the benefits of these vitamins & minerals has resulted into huge intake of health supplements containing them, thereby spurring the segmental growth.

Based on the form, the global bone and joint health supplement industry is divided into liquids, capsules, powders, and tablets segments. Apparently, the capsules, segment, which dominated the global industry share in 2023, is predicted to contribute majorly towards the segmental expansion in the analysis timeframe and this can be as a result of end-user friendly features and efficacy in delivering key nutrients such as vitamins & minerals to end-users. Apart from this, surging consumer preference for the product in capsule form and easy availability can prop up the segmental surge.

Bone and Joint Health Supplement Market: Regional Insights

North America is likely to maintain leading status in the global market over the assessment timeframe

North America, which accounted for about 37% of the global bone and joint health supplement market size in 2023, is slated to establish a leading position in the global market in the analysis timeline.

Moreover, the regional market expansion in the coming few years can be owing to growing product intake by elderly people in the countries such as Canada and the U.S. Surging awareness about healthcare and presence of strong healthcare facilities in the sub-continent will help the market in the sub-continent record exponential growth in the coming years.

Asia-Pacific bone and joint health supplement industry is expected to register the highest CAGR in the prognosis timespan. The elevation of the industry in APAC can be subject to geometrically rising geriatric population prone to bone disorders and increasing health consciousness among the people. Supportive government schemes will also add to the regional industry growth in the ensuing years.

Key Developments

• In June 2024, Sinopharm Foreign Trade and Probi AB firims have jointly produced a new sports nutrition item under product line of Oyfusion. Reportedly, the new product is developed for senior citizens for improving their bone & joint health that will help them reducing risk of osteoporosis through enhancing of their bone density.

Bone and Joint Health Supplement Market: Competitive Space

The global bone and joint health supplement market profiles key players such as:

• Vitawin
• Herbalife International of America Inc.
• Bellavita Healthcare Pvt. Ltd.
• Archer Daniels Midland Corporation
• Reckitt Benckiser Group plc
• Procter & Gamble
• Pfizer Inc.
• Millennium Herbal Care
• GNC Holding Inc.
• Xtend-Life Group Limited
• Vita Life Sciences Ltd
• Bayer AG
• Amway
• Nature's Bounty Inc.
• Nutramax Laboratories Consumer Care Inc.
• BioScience Nutrition
• BASF SE
• Glanbia Plc
• BY–HEALTH Co. Ltd.
• Vitaco
• Pure Encapsulations LLC
• Arazo Nutrition.

The global bone and joint health supplement market is segmented as follows:

By Product Type

• Vitamins & Minerals
•  Omega-3 Fatty Acids
•  Herbal & Botanical Ingredients
• Glucosamine & Chondroitin
• Protein Supplements

By Form

• Liquids
• Capsules
• Powders
• Tablets

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa