The global bone broth protein market was valued at $23.1 billion in 2021 and it is expected to reach $130.3 billion at a CAGR of 16.20% between 2022 and 2032. The collagen-rich protein in bone broth protects the intestinal lining and reduces inflammation. A significant aspect supporting the growth of the bone broth protein market size is the global rise in health concerns. Over the next few years, demand for these proteins will be stimulated by growing interest in organic products.
By region, North America has the highest share of bone broth protein market.
A nutritional supplement called bone broth protein is created by making a broth from the bones and ligaments of animals including chicken, cow, and fish. The demand for nutritional supplements with added health advantages is rising steadily all over the world. The growing demand for bone broth protein among health enthusiasts is a result of growing consumer awareness of the numerous health benefits linked to it, such as improved intestinal health, reduced skin aging, reduced joint discomfort, and weight loss. The global increase in vegans and veganism as well as the strong demand for plant-based food supplements, however, are limiting market expansion.
Source: SAI Research
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To meet the demand for high-quality products, leading manufacturers of bone broth protein are pushing for technological breakthroughs in processing facilities. To meet consumer demand, producers are concentrating on producing more organic goods. They are making efforts to deliver product offers with transparency and traceability. The benefits and drawbacks of urbanization exist. On the one hand, we observe longer life expectancies, technological advancements, and enhanced lifestyles; on the other, pollution, health concerns, and restricted mobility at work are at their worst. Thus, people's primary worry now is their health.
Protein from bone broth also aids in weight loss. Additional health advantages include improvements to the digestive system, less abdominal inflation, regulated sleep cycles, and joint health. People of various ages and genders make up the Bone Broth Protein consumer group, giving it a large market. To meet all of their nutritional demands, people are incorporating bone broth protein into their everyday diets
The market for bone broth protein is expanding thanks to a high propensity for organic products. Growing public knowledge of the health advantages of organic products has increased the demand for organic food items globally. Market expansion for bone broth is being driven by rising consumer concern for their health. Customers are looking for wholesome, high-quality food goods, which is advantageous for this industry. The popularity of supplements made with organic ingredients is rising, which is good news for bone broth protein sales.
Based on source type, the chicken segment accounted for the highest market share. The primary cause of this dominance is the widespread availability and acceptability of chicken bone broth in many nations. People operating on these bodily parts will likewise greatly benefit from the chicken bone broth. Additionally, the number of persons experiencing joint-related issues is increasing as a result of our contemporary way of life and lack of self-care time. In light of all these important aspects, this market segment would continue to grow.
In terms of nature type, the organic segment has dominated the market growth over the past few years with a significant market share. The term "organic" suggests that the production processes employed do not include synthetic fertilizers, pesticides, growth hormones, or antibiotics. Consuming foods high in vitamins, minerals, amino acids, and healthy fats is one approach to promoting skin that looks healthy. Demand will yet be crucial in the traditional market because of its cost-effectiveness. Because organic products are expensive and not everyone can afford them, the market for non-organic items grows. That's exactly what's going on in this situation.
Geographically, the North American region dominated the global bone broth protein market and is also expected to hold its dominant position during the forecast period from 2022 to 2032 due to increasing demand for bone broth protein and higher income of people. Additionally, throughout the projection period, increased urbanization and population aging in this region will both have a substantial impact on the market growth for bone broth protein. The need for bone broth protein in this region has also expanded as a result of numerous campaigns against obesity, cancer, and pulmonary diseases. On the other hand, the Asia-Pacific region is also expected to become the second-largest share of this market with significant growth. The demand for healthy foods and beverages is expected to rise during the forecast period, changing people's lifestyles as a result of growing awareness of the value of health in the region.
According to the study, key players such as Ancient Brands (U.S), Australian Bone Broth (Australia), Brown LLC (U.S), Erie Bone Broth (U.S), Kettle and Fire (U.S), LonoLife (U.S), Nutraholics (India), NOW Foods (U.S), Organika Health Products (Canada), One Step Ahead Marketing (South Africa), Paleo Pro LLC (U.S), Peak Performance Life LLC (U.S), SunFed Ranch (U.S), Symrise (Germany), among others are leading the global bone broth protein market.
Report Coverage | Details |
Market Size in 2021 | US$ 23.1 Billion |
Market Volume Projection by 2032 | US$ 130.3 Billion |
Forecast Period 2022 to 2032 CAGR | 16.20% |
Base Year: | 2021 |
Historical Data | 2019, 2020 and 2021 |
Forecast Period | 2022 to 2032 |
Segments covered |
By Source Type: Chicken, Beef, Others By Nature Type: Organic, Conventional, Others |
Geographies covered |
North America, Europe, Asia-Pacific, LAMEA |
Companies covered | Ancient Brands (U.S), Australian Bone Broth (Australia), Brown LLC (U.S), Erie Bone Broth (U.S), Kettle and Fire (U.S), LonoLife (U.S), Nutraholics (India), NOW Foods (U.S), Organika Health Products (Canada), One Step Ahead Marketing (South Africa), Paleo Pro LLC (U.S), Peak Performance Life LLC (U.S), SunFed Ranch (U.S), Symrise (Germany), among others. |
The Global Bone Broth Protein Market Has Been Segmented Into:
The Global Bone Broth Protein Market – by Source Type:
The Global Bone Broth Protein Market – by Nature Type:
The Global Bone Broth Protein Market – by Regions:
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