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The global bone and joint health ingredients market is projected to see a rise during the forecast years (2019-2026), due to the increasing number of bone and joint issues among the growing population. An increase in demand for bone and joint health ingredients from various food industries is projected to contribute to its market growth in the forthcoming years.
Bone and joint health ingredients help in reducing the pain and strengthening the joint and bone health as they are the sources of offering prebiotic fiber, vitamins such as vitamin D and vitamin K, calcium, and soy isoflavones. These bone and joint health ingredients help in increasing the flexibility and strength of the joints and bones in the body.
Different types of bone and joint health ingredients are available. Calcium is one of the most popular bone ingredients and soy isoflame is the other health ingredient that maintains bone mineral density and also helps in preventing bone loss.
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Key companies operating in the global bone and joint health ingredients market are focusing on the launching various food products for multiple industrial applications for maintaining their market prominence. Archer-Daniels-Midland Company and BASF SE are some of the key companies performing in the global bone and joint health ingredients industry.
Increased consumption of bone and joint health ingredients due to growing aging population and weakening of bone and joints is projected to fuel the growth of the market during the forecast period. Increasing demand from the geriatric and elderly population for these bone and joint health ingredients further expected to boost the demand for bone and joint health ingredients.
The high cost of these healthy ingredients, coupled with growing concerns for fatal diseases, such as cancer and heart is expected to hinder the market growth during the forecast years. Furthermore, the lack of effective extraction technologies for bone and joint health ingredients extraction is expected to restrain market growth.
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On the basis of ingredient type, the global bone and joint health ingredients market has been segmented into vitamins & minerals, amino acids, botanical supplements, and others. Amino acids segment is anticipated to exhibit considerable growth during the forecast period, as they are used in combination and are operational and effective for the overall joint health.
On the basis of application, the global bone and joint health ingredients market has been segmented into dietary supplement, functional food, beverage, and other applications. Dietary supplement segment is the dominating segment as compared to other segments due to the increasing popularity of these dietary supplements among the consumers as a source of offering health benefits.
The Asia Pacific is projected to dominate the global bone and joint health ingredients market during the forecast years, owing to increasing health-conscious population and their inclination towards functional food and beverages, in countries such as India, Thailand, and others increasing bone and joint issues among the old population and increasing awareness regarding bone and joint health ingredients is projected to result in the upsurge in demand for bone and joint health ingredients by this industry, which is further anticipated to aid the bone and joint health ingredients market growth of the region.
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