North America Bone And Joint Health Supplements Market Size & Outlook
North America bone and joint health supplements market, 2018-2030 (US$M)
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North America bone and joint health supplements market highlights
- The North America bone and joint health supplements market generated a revenue of USD 1,232.4 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,232.4 million |
| Market revenue in 2030 | USD 2,036.7 million |
| Growth rate | 7.4% (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, North America region accounted for 31.6% 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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North America 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 30.57% in 2023. Horizon Databook has segmented the North America 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.
Growing awareness about health and changing lifestyle have led to a rise in the number of consumers opting for noninvasive, long-lasting solutions to improve joint & bone health, thereby creating high demand for supplements in the region. In addition, easy access to supplements through various retail outlets and company-owned or company-operated health stores by Herbalife and Amway in the U.S. is expected to further boost market growth in North America during the forecast period.
Aging population increasing the prevalence of osteoporosis, product innovation, and growing awareness about self-care are likely to boost the demand for bone and joint health supplements during the forecast period. For instance, as per a U.S. Census Bureau report, in 2022, about 56 million of adults in the U.S. were aged 65 and above.
Competition in the North American women’s bone and joint health supplements market is expected to increase due to the emergence of alternative treatments and growing market penetration of privately labeled supplement brands. Presence of both small as well as established players increases the availability of products in the market, thereby augmenting penetration of bone and joint health supplement products in this region.
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Target buyers of North America 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America bone and joint health supplements market, including forecasts for subscribers. This continent databook contains high-level insights into North America bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America bone joint health supplements market report size, by country, 2018-2030 (US$M)
North America Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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