Introduction
Bone broth has gained popularity in recent years for its numerous health benefits, including promoting gut health, supporting joint health, and boosting the immune system. It is rich in nutrients such as collagen, gelatin, amino acids, and minerals. In response to the growing demand for bone broth, companies have developed various formats, including powder, liquid, and concentrated supplements. This report will analyze the differences between these formats, their market trends, and the key players in the industry.
Bone Broth in Powder Format
Overview
Bone broth powder is a convenient and versatile option for consumers who want to incorporate bone broth into their diet without the hassle of making it from scratch. It can be easily mixed with water or added to recipes such as soups, stews, and smoothies. Bone broth powder is typically made by dehydrating liquid bone broth and grinding it into a fine powder.
Market Trends
The global bone broth powder market is expected to experience significant growth in the coming years, driven by increasing consumer awareness of the health benefits of bone broth. According to Grand View Research, the market size was valued at $208.7 million in 2020 and is projected to reach $315.4 million by 2027, with a CAGR of 6.1%.
Key Players
Some of the leading companies in the bone broth powder market include Ancient Nutrition, Vital Proteins, Sports Research, and Organixx. These companies offer a variety of bone broth powder products in different flavors and formulations to cater to the diverse preferences of consumers.
Bone Broth in Liquid Format
Overview
Liquid bone broth is the traditional form of bone broth that is simmered for hours to extract the nutrients from the bones and connective tissues. It is rich in collagen, amino acids, and minerals. Liquid bone broth can be consumed on its own or used as a base for soups, sauces, and gravies.
Market Trends
The liquid bone broth market is witnessing steady growth, fueled by the increasing demand for natural and functional food products. According to Market Research Future, the global bone broth market was valued at $1.2 billion in 2020 and is expected to reach $2.8 billion by 2027, with a CAGR of 12.4%.
Key Players
Major players in the liquid bone broth market include Kettle & Fire, Bare Bones, Bonafide Provisions, and Pacific Foods. These companies offer a range of liquid bone broth products, including organic, grass-fed, and flavor-infused options to appeal to different consumer preferences.
Bone Broth in Concentrated Supplement Format
Overview
Concentrated bone broth supplements are a convenient way for consumers to get a concentrated dose of bone broth nutrients in a small serving size. These supplements are typically available in capsule or powder form and are designed to provide targeted health benefits such as joint support, skin health, and immune system boost.
Market Trends
The concentrated bone broth supplement market is growing rapidly as consumers seek convenient and effective ways to incorporate bone broth into their daily routine. According to Research and Markets, the global bone broth supplement market is estimated to reach $214.7 million by 2025, with a CAGR of 8.2%.
Key Players
Leading companies in the concentrated bone broth supplement market include Ancient Nutrition, Dr. Axe, LonoLife, and Codeage. These companies offer a range of bone broth supplement products that are formulated with added ingredients such as herbs, spices, and adaptogens for enhanced health benefits.
Conclusion
In conclusion, bone broth in powder, liquid, and concentrated supplement formats offer consumers convenient options to enjoy the health benefits of bone broth. The market for these products is expected to continue growing as consumers become more health-conscious and seek natural and functional food products. Companies in the bone broth industry are innovating with new flavors, formulations, and packaging to meet the diverse needs of consumers and stay competitive in the market.
