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Bone & Joint Health Ingredients Evolution in the North American Market

25 April 2022 by Mordor Intelligence

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– The global bone and joint ingredients market is projected to grow at a CAGR of 6.3% during the forecast period (2020 – 2027).

– The rising adoption of bone and joint health ingredients by pharmaceuticals and, nutraceuticals companies to treat various bone diseases is a vital factor escalating the market growth.

– In Feb 2022, Amway India signs a MoU with IIT-Bombay to institute research in the field of health supplements nutraceuticals, botanicals, and herb supplements.

 

How Bone Joint Health Ingredients Market in North America is Evolving?

– Owing to the increased awareness regarding health issues, the North American region held the maximum share in consuming bone and joint health ingredients.

– The bone and joint health supplements target the ageing population and the percentage of the population above the age of 65 is significantly high in regions such as North America and Europe.

– The United States Centers for Disease Control and Prevention (CDC) revealed that nearly 14.6 million people were diagnosed with severe joint pain, which is linked to arthritis.

– The bone health consciousness has also penetrated among the other countries of North America, leading to higher availability of such supplements and products in retail stores, and on online platforms.

– In 2022, Stratum Nutrition (an ESM Technologies subsidiary) announced a new partnership with Maxim Partners in 2022. Stratum Nutrition and Maxim Partners will combine their talents to grow Stratum’s product line and invest in production to better service the company’s worldwide. Stratum is the global leader in eggshell membrane science and technology for joint health support.

 

Essential Omega-3 also Proves to Be a Bone Nutrient

– The geriatric population is likely to drive the demand of the bone joint health ingredients market. Omega 3 ingredients are popularly used in fortified/functional food and beverages and the aging population is expected to create an opportunity for products claiming to lower cholesterol and improve heart health.

– Omega-3 containing dietary supplements are proving to be a major attraction for almost every manufacturer, owing to their assistance in maintaining bone health and heart health in both the geriatric as well as younger population segments.

 

This insight was contributed by knowledge partner: