TechNavio recognizes the following companies as the key players in the Global Bone and Joint Ingredients Market: Archer Daniels Midland Co., BASF SE, Bergstrom Nutrition Inc., BioCell Technology LLC, Cargill Inc., E.I. du Pont de Nemours and Co., Ethical Naturals Inc., Huber Engineered Materials, Royal DSM N.V., and Verdure Sciences.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Bone and Joint Ingredients market is witnessing an increasing demand for natural or bio-based products. An increase in awareness of the benefits of natural bone and joint health products compared to synthetic products has fueled the demand for natural or bio-based ingredients. Such natural ingredients are derived from a variety of sources such as plants and marine organisms. For instance, Ethical Naturals Inc., a US-based supplier of botanical extracts and ingredients, offers naturally sourced glucosamine, called GreenGrown, which is produced through corn fermentation. Also, Waitaki Biosciences, a New Zealand-based manufacturer of natural supplement ingredients, offers collagen and chondroitin complex, which is sourced from bovine cartilage.”
According to the report, one of the major drivers in this market is the increase in the aging population. The number of people aged 60 or over is expected to double in the next 50 years, thereby resulting in increased demand for healthcare products.
Further, the report states that one of the main challenges in this market is the stringent laws and regulations governing the market, which requires vendors to contend with elaborate procedures before the approval of a new ingredient. Such regulations are particularly onerous in developed regions such as North America and Europe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-bone-and-joint-ingredients-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report – Global Bone and Joint Ingredients Market 2014-2018
