Europe Bone And Joint Health Supplements Market Size & Outlook
Europe bone and joint health supplements market, 2018-2030 (US$M)
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Europe bone and joint health supplements market highlights
- The Europe bone and joint health supplements market generated a revenue of USD 1,025.7 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating product in 2023.
- Glucosamine is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,025.7 million |
| Market revenue in 2030 | USD 1,625.0 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Glucosamine |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 26.3% of the global bone and joint health supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,065.0 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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Europe 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 31.08% in 2023. Horizon Databook has segmented the Europe 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.
Growing geriatric population and high prevalence of nutritional deficiency are boosting growth of the health supplements market in Europe. According to a report published by Ageing Working Group of the Economic Policy Committee (EPC) and the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) in 2018, the population in Europe is aging at an extremely high rate.
Most Europeans are increasingly adopting dietary and beauty supplements to reduce effects of aging and improve their overall well-being. A growing number of dietary supplements are being formulated and launched in Europe to cater to the increasing demand from end users.
According to American Association for the Advancement of Science (AAAS), osteoporosis is one of the major health care burdens in Europe, which results in 4.3 million fragility fractures. Thus, rising prevalence of bone-related chronic conditions is also boosting 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Europe bone and joint health supplements market, including forecasts for subscribers. This continent databook contains high-level insights into Europe bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe bone joint health supplements market report size, by country, 2018-2030 (US$M)
Europe Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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