Market revenue in 2023 | USD 29.3 million |
Market revenue in 2030 | USD 43.1 million |
Growth rate | 5.6% (CAGR from 2023 to 2030) |
Largest segment | Vitamins |
Fastest growing segment | Glucosamine |
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 |
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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 39.25% in 2023. Horizon Databook has segmented the Denmark 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.
The increasing percentage of geriatric population within the country has increased the demand for bone and joint health supplements. According to OECD data, the ratio of the population aged 65 or above to the population aged between 20 and 64 is expected to rise from 30% in 2012 to 43% in 2050. Increasing prevalence of chronic bone diseases further boosts market growth.
Moreover, increasing trend of people getting involved in various sports, fitness, and activities has further fueled the demand for such supplements. Adoption of sedentary lifestyle and change in eating habits, including rising alcohol consumption, have significantly led to bone & joint problems in many people and, therefore, boosted the bone and joint health supplements market.
Horizon Databook provides a detailed overview of country-level data and insights on the Denmark bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Denmark bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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