Bone & Joint Health Supplements Market Forecast
Regional Forecast:
The Bone & Joint Health Supplements Market in North America is driven by the increasing prevalence of bone and joint disorders, rising geriatric population, and growing consumer awareness about the importance of preventive healthcare. The United States is the largest market in the region, followed by Canada. The market is characterized by the presence of key players such as Glanbia, Nature's Bounty Co., and NOW Foods. The increasing adoption of dietary supplements and the rise in e-commerce platforms for the distribution of these products are expected to drive the market growth in North America.
Asia Pacific:
Largest Region
North America
38% Market Share in 2023
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In Asia Pacific, countries like China, Japan, and South Korea are witnessing a growing demand for bone and joint health supplements due to the changing lifestyle patterns, increasing disposable income, and rising healthcare expenditure. The market is highly competitive with the presence of major players like Swisse Wellness, Blackmores, and Pfizer Inc. China is the largest market in the region, followed by Japan and South Korea. The growing awareness about preventive healthcare and the rising aging population are contributing to the market growth in Asia Pacific.
Europe:
The Bone & Joint Health Supplements Market in Europe is driven by factors such as the increasing prevalence of osteoporosis and arthritis, growing consumer inclination towards preventive healthcare, and rising healthcare expenditures. The United Kingdom, Germany, and France are the major markets in the region. Key players in the market include GSK Consumer Healthcare, Bayer AG, and Sanofi. The market is characterized by the presence of a large number of small and medium-sized enterprises offering a wide range of bone and joint health supplements. The growing trend of self-medication and the increasing adoption of natural and organic products are expected to drive the market growth in Europe.
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