1. What is the projected Compound Annual Growth Rate (CAGR) of the Bone Broth Market?
The projected CAGR is approximately 5.94%.
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Bone Broth MarketBone Broth Market by Type (Chicken, Beef, Turkey, Others), by By Geography (North America), by Europe (Germany, U.K., Spain, Italy, France, Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East & Africa (UAE, Saudi Arabia, Rest of the Middle East & Africa) Forecast 2026-2034
The Bone Broth Marketsize was valued at USD 1.02 USD Billion in 2023 and is projected to reach USD 1.53 USD Billion by 2032, exhibiting a CAGR of 5.94 % during the forecast period.Bone broth can be described as a soupy liquid prepared from animal bones and other connective tissues that is cooked alone or together with vegetables, spices, and herbs for a long time. This slow-heat preparation maximizes the nutrient content, including collagen, amino acids, minerals, and gelatin, in the bones and in the broth; therefore, it makes it a healthy option. Apart from its delicious taste since it contains a mix of rich and savory tastes with a smooth texture, bone broth has been in the spotlight for some of its health benefits. The first and most apparent benefit of consuming bone broth is that it aids in joint care since it is rich in collagen and gelatin that help to build and repair connective tissues, particularly cartilage. It also contributes to digestion by assisting the movement of food through the gastrointestinal tract and decreasing inflammation. It is furnished with high minerals, which define strong muscles, bones, and teeth for people who take the product. Same with bone broth, which is also known for its immune-boosting effects as well as for its positive effects on the skin. Bone broth is useful in a wide range of diets.
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| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.94% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.94%.
Key companies in the market include Campbell Soup Company (U.S.), Del Monte Foods (U.S.), Kettle & Fire (U.S.) , Bonafide Provisions (U.S.), Essentia Proteins (U.S.), Bare Bones Broth Co., (U.S.) , Ancient Nutrition (U.S.), Bluebird Provisions (Canada) , Green Pasture Farms (U.K.), FOND BONE BROTH LLC., (U.S.).
The market segments include Type.
The market size is estimated to be USD 1.02 USD Billion as of 2022.
Surging Use of Broth in Pet Food Fuels the Product Demand Globally.
Soaring Use of Bone Broth in Weaning Foods is a Prominent Trend.
High Prices and Poor Slaughtering Process Limits the Global Bone Broth Market Growth.
May 2023: Nutra Organics, an Australian company, announced the launch of their new beef bone-broth concentrates, which are available in various flavors: natural beef, lemon ginger ACV and native herbs. With the aim of creating “real broth” and with similar nutritional benefits, the company is working toward introducing more flavorful concentrate, which satisfies the consumer’s need.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in K Tons.
Yes, the market keyword associated with the report is "Bone Broth Market," which aids in identifying and referencing the specific market segment covered.
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