Australia Bone And Joint Health Supplements Market Size & Outlook
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Australia bone and joint health supplements market highlights
- The Australia bone and joint health supplements market generated a revenue of USD 392.3 million in 2024 and is expected to reach USD 773.0 million by 2033.
- The Australia market is expected to grow at a CAGR of 7.9% from 2025 to 2033.
- In terms of segment, vitamins was the largest revenue generating product in 2024.
- Glucosamine is the most lucrative product segment registering the fastest growth during the forecast period.
Bone and joint health supplements market data book summary
| Market revenue in 2024 | USD 392.3 million |
| Market revenue in 2033 | USD 773.0 million |
| Growth rate | 7.9% (CAGR from 2025 to 2033) |
| Largest segment | Vitamins |
| Fastest growing segment | Glucosamine |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Minerals, Collagen, Omega-3, Glucosamine |
| Key market players worldwide | Herbalife Ltd, GNC, The Bountiful Company, Amway Malaysia Holdings, Basf SE, Bayer AG, Glanbia PLC, NOW Foods |
Other key industry trends
- In terms of revenue, Australia accounted for 2.8% of the global bone and joint health supplements market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China bone and joint health supplements market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,803.4 million by 2033.
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Bone And Joint Health Supplements Market Scope
Bone And Joint Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amway Malaysia Holdings | View profile | - | Petaling Jaya, Selangor, Malaysia, Asia | http://www.amway.my |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | https://www.nowfoods.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| The Bountiful Company | View profile | 1001-5000 | Bohemia, New York, United States, North America | https://www.bountifulcompany.com/ |
| GNC | View profile | 1-10 | Port Washington, New York, United States, North America | https://www.gncny.com/ |
| Herbalife Ltd | View profile | 9200 | Ugland House, South Church Street, P.O. Box 309GT, Grand Cayman, Cayman Islands, KY1-1104 | https://www.herbalife.com |
| Glanbia PLC | View profile | 5534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | https://www.glanbia.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Australia bone and joint health supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bone and joint health supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 34.79% in 2024. Horizon Databook has segmented the Australia bone and joint health supplements market based on vitamins, minerals, collagen, omega-3, glucosamine covering the revenue growth of each sub-segment from 2021 to 2033.
In Australia, dietary supplements and vitamins made up more than half of the total revenue of complementary medicines in 2022. As per the latest Roy Morgan data, approximately 8.24 million Australians aged 14+ purchase vitamins, minerals, or supplements in an average span of 6 months. Furthermore, the burden of chronic bone conditions is increasing in Australia.
For instance, as per Arthritis Australia, about more than 3.6 million people in the country are suffering from arthritis, which is about 1 in every 7 Australians. Similarly, as per NCBI data, in 2021, about more than 4% of the Australian population suffered from osteoporosis due to the decreasing level of bone mass density, which further increases the risk of fractures.
Adoption of bone and joint health supplements helps maintain the mineral bone density, and thus, reduces the chances of osteoporosis and builds stronger bones. Furthermore, increasing market competition with the launch of new products further boosts the market growth in Australia.
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Target buyers of Australia bone and joint health supplements market databook
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Our clientele includes a mix of bone and joint health supplements market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia bone and joint health supplements market, including forecasts for subscribers. This country databook contains high-level insights into Australia bone and joint health supplements market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Australia Product - Bone And Joint Health Supplements Market, 2024 - 2033 (US$M)
Australia Bone And Joint Health Supplements Market Share, 2024 & 2033 (US$M)
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