Market revenue in 2023 | USD 236.1 million |
Market revenue in 2030 | USD 402.7 million |
Growth rate | 7.9% (CAGR from 2023 to 2030) |
Largest segment | Vitamins |
Fastest growing segment | Minerals |
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 26.22% in 2023. Horizon Databook has segmented the India 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.
As per an NCBI report, cases of osteoarthritis increased from 23.5 million in 1990 to 63.4 million in 2019. Such chronic bone conditions are expected to increase the adoption of dietary supplements for maintaining bone health, which is projected to impact the market positively.
Rising number of startups and increasing funding for R&D activities for launching new products within the market also create new opportunities and increase competitiveness in India. For instance, in November 2022, Indian-based startup company Jolly well introduced plant-based, non-GMO supplements.
It launched five products, including Happy Gut, Fit Liver, Bone Strong, Calm Sleep, and Meta Boost. With this, Jolly well steps into the natural and organic dietary supplement market. Similarly, in January 2022, Nutra zee, an Indian vegan supplement brand, introduced calcium and vitamin D gummies for children & adults, which were intended to supplement the diet and help maintain strong bones, teeth, and immune system.
Horizon Databook provides a detailed overview of country-level data and insights on the India bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into India bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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