Kuwait Bone And Joint Health Supplements Market Size & Outlook
Kuwait bone and joint health supplements market, 2018-2030 (US$M)
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Kuwait bone and joint health supplements market highlights
- The Kuwait bone and joint health supplements market generated a revenue of USD 7.9 million in 2023 and is expected to reach USD 10.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating product in 2023.
- Collagen 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 7.9 million |
| Market revenue in 2030 | USD 10.6 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Collagen |
| 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, Kuwait accounted for 0.2% 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 Middle East & Africa, South Africa bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 74.7 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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Kuwait 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 29.11% in 2023. Horizon Databook has segmented the Kuwait 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.
Rise in geriatric population within the country is projected to offer lucrative growth opportunities for the bone and joint supplement market over the forecast period. The elderly population is a major consumer of these supplements as they require it to fulfil their nutritional requirements and strengthen their bones & muscles.
Increase in chronic bone-related diseases such as osteoporosis and arthritis further boost market growth. Moreover, a significant rise in the penetration of online pharmacies further impacts the market positively.
However, awareness about healthy lifestyle and knowledge about benefits of consuming supplements are low in such under-developed countries, which may hinder 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 country-level data and insights on the Kuwait bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Kuwait bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait bone joint health supplements market report size, by product, 2018-2030 (US$M)
Kuwait Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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