Argentina Bone And Joint Health Supplements Market Size & Outlook
Argentina bone and joint health supplements market, 2018-2030 (US$M)
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Argentina bone and joint health supplements market highlights
- The Argentina bone and joint health supplements market generated a revenue of USD 14.0 million in 2023 and is expected to reach USD 21.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating product in 2023.
- Omega-3 is the most lucrative product segment registering the fastest growth during the forecast period.
Bone and joint health supplements market data book summary
| Market revenue in 2023 | USD 14.0 million |
| Market revenue in 2030 | USD 21.8 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Omega-3 |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Minerals, Collagen, Omega-3, Glucosamine |
| Key market players worldwide | Herbalife Ltd, GNC, The Bountiful Company, Amway Malaysia Holdings, Basf SE, Bayer AG, Glanbia PLC, NOW Foods |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global bone and joint health supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 21.8 million by 2030.
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Bone And Joint Health Supplements Market Scope
Bone And Joint Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina bone and joint health supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bone and joint health supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 31.43% in 2023. Horizon Databook has segmented the Argentina bone and joint health supplements market based on vitamins, minerals, collagen, omega-3, glucosamine covering the revenue growth of each sub-segment from 2018 to 2030.
In October 2019, the government of Argentina declared a food emergency law until 2022, as food prices continued to rise and access to food declined. The dietary supplement market in Argentina is growing faster than the markets in Brazil and Mexico.
Sale of dietary supplements in the country is driven by the increasing demand for herbal & traditional products, such as Ginkgo biloba, fish oil, chia, spirulina, and green coffee tablets, as a result of the rising awareness about natural ingredients and healthier habits.
Moreover, a number of companies in the market are increasingly focusing on strategic alliances. Rising cases of osteoporosis and arthritis in the country, along with rising awareness about the benefits of bone and joint health, are projected to boost market growth over the forecast period.
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Our clientele includes a mix of bone and joint health supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Argentina bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina bone joint health supplements market report size, by product, 2018-2030 (US$M)
Argentina Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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