With the growing focus on joint and bone health among all age groups, the demand for bone and joint health ingredients is increasing. The increasing prevalence of symptomatic joint health and osteoarthritis are also invigorating the market for bone and joint health ingredients. Leading companies are increasingly incorporating innovative bone and joint health ingredients such as chondroitin sulphate and glucosamine, which is propelling the market growth. Moreover, the surging use of bone and joint health ingredients in functional food products to cater to the demands of the rising health-conscious population is invigorating the market. With the surging research and development (R&D) activities to determine the efficacy of collagen supplements as a bone and joint health ingredient, the market is poised to witness healthy growth in the forecast period.
The leading companies in the market for bone and joint health ingredients, such as Glanbia Plc (OTCMKTS: GLAPY) and Rousselot BV, are increasingly launching scientifically-backed products, which is expected to aid the market growth. The latter showcased its latest joint health ingredient, Colartix, in May 2022. It is a collagen matrix that is made from natural cartilage and naturally-occurring glycosaminoglycans (GAGs) and collagen peptides. The efficacy of the product was depicted in a “real-life” study and it was found that it decreased joint discomfort across all demographics. The product is versatile and easy to use in different applications and is easy to mix with other ingredients. It does not contain additive or E numbers, and it has the potential to be included in innovative joint supplements such as bars, tablets/capsules, gummies, and shots, among others.
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The major players in the global bone and joint health ingredients market are Rousselot BV, Waitaki Biosciences, a division of PharmaZen Ltd., Bioiberica S.A.U., Innophos Holdings, Inc., and Glanbia Plc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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