Bone and Teeth Supplements Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Bone and Teeth Supplements Market grew at a CAGR of 7.4% between 2017-2021 and is estimated to be US$ 7,924.6 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 7.7% and is expected to reach a valuation of US$ 16,639.3 Mn by 2032 end.
The rising medical costs, rising bone, and joint cases, and increasing demand for natural supplements are driving the growth of the Bone and teeth supplements market. High prices of Bone and teeth supplements also restrain the market growth.
ChemView Consulting has analyzed that the factors that are driving this market include the rise in the trend of preventive medicine among middle-aged groups, the growing demand for ready-to-eat food in urban areas owing to hectic lifestyles, and the increasing prevalence of low-nutrient foods, which result in deficiency of calcium, Vitamin D, and other essential nutrients.
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These factors are encouraging the growth of this market. Rising participation in sports that has a risk of fractures and injury is also some of the key factors that is encouraging demand for bone supplements.
Segments Covered in Report
By Type:
- Vitamin D
- Vitamin K
- Calcium
- Collagen
- Omega-3 Fatty acids
- Glucosamine-Chondroitin
- Others
By Distribution channels:
- Supermarkets/hypermarkets
- Pharmacies & drug stores
- Health & beauty stores
- Others
By Form:
- Tablets
- Capsules
- Liquid
- Powder
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Bone and Teeth Supplements Market
- Based on the Form, At 45.0% of the market, tablets had the greatest revenue share. Bone and joint health supplements in tablet form are widely consumed on account of their ease of use, availability, packaging, and cost-effectiveness. Tablets are preferred over other types of nutritional supplements because they have a longer shelf life than other types of nutritional supplements.
- Based on the Distribution channels, Supermarkets have become a major channel for sales of health supplements over the last few decades. They are now so important that they represent a small but firmly established channel for health food products.
- Based on Region, the Europe market held a sizeable revenue share of 23.4%. The past few years have been marked by an increase in lifestyle diseases, as well as a shift in consumer habits. Consumers are increasingly taking preventive measures to reduce the effects of lifestyle diseases. Europe leads the bone and joint health supplement market, with nationwide demand for Bone and Teeth Supplements.
Competition Summary
Key companies covered in the market study are Amway, Pfizer, Bayer AG, Reckitt Benckiser Group plc, Xtend-Life, VitaScience, Procter & Gamble, Nature’s Bounty Co, BASF SE, BioScience Nutrition.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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