Reports
Bone and joints ingredients are those elements which are taken as supplement in order to maintain healthy bones and joints. These value added ingredients help in increasing the strength and flexibility of the bones and joints in the body. There are various bone and joint ingredients including calcium, soy isoflavone and collagen. For instance, calcium is the most popular bone ingredient. It is an established ingredient with a mature market. Soy isoflavone is another key bone health ingredient maintaining bone mineral density (BMD) and preventing bone loss. The most important ingredients of joint ingredient market are glucosamine and chondroitin. Collagen, eggshell membrane and olive polyphenols are other ingredients which stimulate joint function and mobility.
The global market for bone and joints ingredients is growing rapidly due to rising use of these ingredients in different parts of the world. Increase in ageing population is considered as one the major driving factors for the market. Due to weakening of bone and joints, diminished functions and movements, ageing makes body more prone to bone fractures, arthritis, back and neck pain, osteoporosis and injuries. The number of aged people over 60 years or over are expected to double in the next 50 years, thereby increasing demand for these ingredients in the market. Despite the benefits of bone and joint health ingredients, the growing concerns for fatal diseases, such as cancer and heart, are some of the major restraints for the market. On the other hand, introduction of various pills which reduces the inflammation of joint and may cure the symptoms of arthritis acts as a challenge for the market. In addition, many stringent laws, regulations and procedural formalities that are imposed on the vendors are also posing challenge for the market.
On the basis of volume the market is segmented into Calcium, Glucosamine, Chondroitin and others. On the basis of market share, the market is segmented into dietary supplements and functional food beverages. Some of the major players operating in the market are Archer Daniels Midland (ADM), BASF SE, DuPont and Royal DSM NV.
The surge in instances of orthopedic ailments across the globe has given rise to a pressing need for supplements that can provide strength to the bones and joints. The bone and joint ingredients play a crucial role in stimulating mobility by providing strength to the joints and bones. The bone and joints ingredients are usually plant and animal-based. The prominent ingredients are chondroitin, glucosamine, eggshell membrane, olive polyphenols, and others. The intensifying demand for bone and joints ingredients across the globe has generated stupendous growth in the global bone and joints ingredients market.
The rising instances of orthopedic disorders such as ligament injuries, tennis elbow, rheumatoid, and others have resulted in voluminous growth of the bone and joint ingredients market. The increasing geriatric population has created multiple growth avenues for the bone and joint ingredients market as they are prone to orthopedic disorders. Concurrently, the initiatives by healthcare centers and various organizations to educate the masses about the benefits of dietary supplements have amplified the market growth.
The novel product launches and the technological advancements in the pharmaceutical industry have played a crucial role in changing the market dynamics. Consequently, sports persons and athletes focus on joint health and are likely to face injuries. Hence, their intake of nutritional supplements is high. The government initiatives to encourage sports and games have opened new doors of growth for the bone and joints ingredients market.
The availability of bone and joints ingredients in various forms such as powder, liquid, gels, and pills has expanded the market horizons. The leading players are focusing on strengthening the supply chain which comprises drug stores, beauty stores, health care centers, pharmacies, online stores, specialty stores, and others. Furthermore, the rise in the application of bone and joints ingredients in functional foods and beverages, dietary supplements, and others has propelled the growth of the bone and joints ingredients market.
The rise in disposable income of individuals in developing countries has led to an increase in spending on nutritional supplements. In addition, the sedentary lifestyle has created joint and bone-related issues which can be treated effectively by the intake of bone and joints ingredients market. These aspects have proved to be growth accelerators for the bone and joints ingredients market.
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