Bone and Joint Health Ingredients Market, By Type (Vitamin D, Vitamin K, Calcium, Collagen, Magnesium, Glucosamine, Omega-3, Other Types), By Application (Dietary Supplement, Functional Food and Beverage), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Bone and joint health ingredients are extracts that are used for the prevention and treatment of bone and joint diseases. These are natural products that are produced from plants and animal sources. They are commonly used in the pharmaceutical industry and by nutraceutical companies. Many of these ingredients contain a large amount of nutrient value.
Market Dynamics:
The market for these ingredients is expected to increase over the next couple of years. This is mainly due to the growing aging population. A rising number of individuals are now at risk of bone and joint diseases and illnesses, such as osteoporosis. Furthermore, the rising consumption of fortified foods has also resulted in increased demand for bone and joint health ingredients. In addition, there is an increasing demand for plant-derived herbal ingredients which is further projected to augment market growth. Moreover, rising awareness about the benefits of a healthy lifestyle is again propelling market growth. This has been driven by increasing disposable incomes, which have led consumers to adopt healthier lifestyles. Meanwhile, the COVID-19 pandemic has caused a surge in the demand for products that help to maintain healthy bones and joints.
Despite its growth, the market is still faced with several challenges. Some of these include high costs and limited availability of global brands. Another challenge is the lack of effective extraction technologies.
Key features of the study:
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