Middle East & Africa Bone And Joint Health Supplements Market Size & Outlook
Middle East & Africa bone and joint health supplements market, 2018-2030 (US$M)
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MEA bone and joint health supplements market highlights
- The MEA bone and joint health supplements market generated a revenue of USD 206.3 million in 2023.
- The market is expected to grow at a CAGR of 3.9% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 206.3 million |
| Market revenue in 2030 | USD 268.8 million |
| Growth rate | 3.9% (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, MEA region accounted for 5.3% 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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Middle East & Africa 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 33.74% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
In the MEA region, the demand for vitamin and dietary supplements is witnessing a steady growth owing to the changing consumer attitude toward health & wellness and increasing health consciousness. Calcium supplements are widely consumed in the region and help maintain the overall health of women and account for about 46% of overall supplement consumption.
They are followed by multivitamins that account for 44% of overall consumption, and vitamin D accounts for 41%. Furthermore, increasing consumer willingness to add vitamin & mineral supplement products to daily lives through increased self-medication offers several opportunities for international brands to enter the market and expand distribution networks across the region.
Moreover, the number of chemists or pharmacies in the region is also growing, enabling easy access to vitamins & dietary supplements. South Africa is expected to remain a leading market in the MEA owing to the presence of major brands in the country.
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Target buyers of Middle East & Africa bone and joint health supplements market databook
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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 Middle East & Africa bone and joint health supplements market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA bone joint health supplements market report size, by country, 2018-2030 (US$M)
Middle East & Africa Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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