The global market for bone and joint health supplements is likely to reach a valuation of US$ 41,458.9 Mn, expanding at a CAGR of 7.7% during the projected period of eight years.
Albany, NY -- (SBWIRE) -- 09/21/2018 -- Rising demand for dietary supplements by a growing population of the elderly, is the key driving factor behind the growth of the bone and joint health supplements market. In addition, rising incidences of lifestyle diseases such as obesity among the baby boomer generation, are also expected to impact demand significantly in the future. Revenue earned from the bone and joint health supplements market are estimated to grow at a CAGR of 7.7% through 2026. Insights such as these have been taken from the report titled "Global Market Study on Bone and Joint Health Supplements: Men to Exhibit High Demand Owing to Hectic Schedules and Growing Awareness of Proper Nutrition to Maintain Bone Health" added recently to the massive repository of Market Research Reports Search Engine (MRRSE).
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Vitamin and mineral supplements are expected to continue as leaders in market share, as the popularity of preventive measures against lifestyle diseases such as arthritis has grown. Increasing awareness about health issues and larger disposable incomes, particularly in a burgeoning urban population is positively impacting the demand for bone and joint health supplements among others.
Brazil and other developing nations in South America are expected to show the greatest rate of market growth in the forecast period, followed by the U.S and China, owing to a relatively larger population of baby boomers in the region.
Bone and Joint Health Supplements Market: Report Overview
The report contains an complete analysis and forecast at a regional and global level for the bone and joint health supplements market, in terms of value (US$ Mn), for the period of forecast 2018 to 2026. Important business dynamics, such as economic, social, and political factors impacting development and requirement for bone and joint health supplements have been comprehensively examined in the report.
An extensive analysis on the bone and joint health supplements industry has been offered in this report, and it has been effectively been utilized to help in a better understanding about the competitive scenario among major market players. A complete market attractiveness analysis of each player has been incorporated in the report, where applications have precisely been assessed on the basis of their general attractiveness, market size, and growth rate. Key players have been assessed on the basis of SWOT analysis, relevant recent developments, company overview, and business strategies.
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Bone and Joint Health Supplements Market: Research Methodology
Elaborate discussions and interviews have been conducted with eminent industry experts and opinion leaders to create this report. Thorough primary and secondary research has been used, to extract reliable insights on the bone and joint health supplements market. Primary research comprises a large part of the research efforts, which is supplemented by in-depth secondary research.
Key market players in the bone and joint health supplements market have been studied in detail, and relevant data has been extracted from data sources such as annual reports, press releases, and other relevant documents for better understanding of the market's competitor landscape. The research approach is found to be effective and successful in extracting actionable insights on market data, easier understanding of the industry, and tapping unexplored business opportunities.
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