Italy Bone And Joint Health Supplements Market Size & Outlook
Italy bone and joint health supplements market, 2018-2030 (US$M)
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Italy bone and joint health supplements market highlights
- The Italy bone and joint health supplements market generated a revenue of USD 121.3 million in 2023 and is expected to reach USD 188.2 million by 2030.
- The Italy 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.
- Glucosamine 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 121.3 million |
| Market revenue in 2030 | USD 188.2 million |
| Growth rate | 6.5% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 3.1% 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 Europe, UK bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 282.5 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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Italy 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 39.32% in 2023. Horizon Databook has segmented the Italy 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 rapidly growing geriatric population, increasing prevalence of orthopedic disorders, and rising awareness regarding micronutrient deficiencies are some factors driving the market. The population suffering from rheumatoid arthritis is expanding at a considerable rate, mainly due to increasing life expectancy, which is, in turn, is creating demand for bone and joint health supplements.
Furthermore, the rising prevalence of various nutritional deficiencies, increasing access to supplements, and a growing number of distribution channels are driving the market. In addition, the COVID-19 pandemic boosted awareness regarding healthy & active lifestyle and has increased the awareness of self-care among consumers. This increased the adoption of various health supplements.
In addition, joint health product type is attracting the gen Z population owing to the rising joint discomfort among them due to a sedentary lifestyle. Moreover, the increasing interest of the younger generation in joint health and mobility with various goals such as fitness & active lifestyle is anticipated to impel 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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Italy bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy bone joint health supplements market report size, by product, 2018-2030 (US$M)
Italy Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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