Market revenue in 2023 | USD 179.7 million |
Market revenue in 2030 | USD 346.9 million |
Growth rate | 9.9% (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 27.16% in 2023. Horizon Databook has segmented the Japan 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 growing health awareness among women & men and expanding range of dietary supplements with key functionalities are among the major factors encouraging entry of small companies in the bone and joint health supplements market in Japan.
The adoption of dietary supplements is expected to increase owing to growing product innovation by manufacturers. Foods with Functional Claims (FFC) have encouraged consumers in Japan to adopt dietary supplements with precise functionality.
With their introduction in 2015, FFC’s classification of health products enabled product-specific health claims. This is expected to have a positive impact on the overall performance of dietary supplements over the forecast period. Increasing geriatric population and growing penetration rate of chronic bone conditions further boost the market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Japan bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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