Global Bone and Joint Health Ingredients Market: Regional Insights
North America is expected to hold dominant position in the global bone and joint health ingredients market. The market is predicted to account for a large share of the global market due to increasing consumer awareness and demand for dietary supplements among elderly population. Furthermore, increasing focus on prevention rather than treatment is also driving the regional market growth. Additionally, key players are focused on increasing investment in R&D for ingredients that can address multiple conditions at once.
Asia Pacific is expected to hold a second leading position in the global bone and joint health ingredients market. It has been forecasted that the China bone and joint health ingredient market will see a strong growth in the next six years. Other markets in Asia include the Japan and South Korea. Increasing consumer awareness about the benefits of healthy food and beverages has prompted people to adopt a healthier lifestyle. Moreover, the increasing disposable income has led to the demand for more functional foods that promote bone and joint health.
Europe is another region that is expected to experience a high growth rate in the coming years. Despite the fact that the region is categorized into France, Germany and the U.K., the rest of the European Union has also been studied separately. Hence, this region is expected to account for the highest share in the global bone and joint health ingredients market. Furthermore, the market in this region is primarily driven by the growing trend of health and wellness.
Bone And Joint Health Ingredients Market Report Snapshots
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