Sweden Bone And Joint Health Supplements Market Size & Outlook
Sweden bone and joint health supplements market, 2018-2030 (US$M)
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Sweden bone and joint health supplements market highlights
- The Sweden bone and joint health supplements market generated a revenue of USD 59.4 million in 2023 and is expected to reach USD 91.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 6.4% 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 59.4 million |
| Market revenue in 2030 | USD 91.9 million |
| Growth rate | 6.4% (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, Sweden accounted for 1.5% 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 Europe, UK bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 282.5 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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Sweden 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 28.96% in 2023. Horizon Databook has segmented the Sweden 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.
Due to the growing incidence of lifestyle-related issues, more customers regularly consume health supplements. The primary driver of the market is the paradigm shift toward preventive health management methods amid rising healthcare expenditure and growing burden of lifestyle illnesses, including osteoporosis, arthritis, and other chronic bone conditions.
In addition, it is anticipated that rising demand for plant-based options would encourage manufacturers to expand their line of organic and clean-label goods. Growing market competition by launch of new products by local players further creates new opportunities for the market. For instance, in January 2021, Bio Gaia launched a wide range of products for adult health to expand its product portfolio in Sweden for mouth & bone health.
In addition, customers are conscious of how their bone density changes as they age and work to maintain it by purchasing quality bone & joint health products from the market. In order to improve their product portfolios and brand positioning through product differentiation, manufacturers are substantially spending on R&D.
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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 Sweden bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Sweden bone and joint health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden bone joint health supplements market report size, by product, 2018-2030 (US$M)
Sweden Bone And Joint Health Supplements Market Share, 2023 & 2030 (US$M)
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