Mexico Bone And Joint Health Supplements Market Size & Outlook
Mexico bone and joint health supplements market, 2018-2030 (US$M)
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Mexico bone and joint health supplements market highlights
- The Mexico bone and joint health supplements market generated a revenue of USD 69.3 million in 2023 and is expected to reach USD 103.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.8% 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 69.3 million |
| Market revenue in 2030 | USD 103.1 million |
| Growth rate | 5.8% (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, Mexico accounted for 1.8% 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 Latin America, Brazil bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 21.8 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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Mexico 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 31.17% in 2023. Horizon Databook has segmented the Mexico 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 health concerns, changing lifestyle, and increasing awareness regarding consumption of healthy foods are driving the market for supplements in the country. Growing trend of plant-based supplements is further creating new opportunities for the market, as the key players of the country are investing in R&D to launch new organic products.
These factors are projected to boost market growth over the forecast period. Rising awareness about health and fitness and increasing participation in physical activities will also drive market growth over the forecast period.
In June 2015, Amazon launched its physical goods store—Amazon.com.mx—which houses a vast selection of products. Its health & personal care products include a comprehensive collection of beauty supplements & grooming items, vitamins & supplements, household products, and other accessories.
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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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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 Mexico bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Mexico bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico bone joint health supplements market report size, by product, 2018-2030 (US$M)
Mexico Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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