AceBiome, a microbiome specialist company, has entered the joint health market with a new product applying differentiated new materials. The initiative started from concerns about health problems caused by being overweight.
The joint health market is a rapidly growing sector. In fact, arthritis is the second most concerning disease for Koreans after cancer. According to data from the Health Insurance Review & Assessment Service, the number of degenerative arthritis patients in Korea reached 2.89 million in 2021, an increase of 300,000 over six years.
According to the Korea Disease Control and Prevention Agency, 60% of the population aged 65 and older suffer from arthritis. The Health Insurance Review & Assessment Service also reported that the number of degenerative arthritis patients in Korea was 2.89 million in 2021, increasing by 300,000 over six years. Accordingly, the functional health food market related to joint and bone health grew sharply from 96.6 billion KRW in 2020 to 177.6 billion KRW in 2021, an 84% increase in just one year. This year, the market is expected to reach 300 billion KRW, showing a steep growth trend. In fact, among the 35 functional ingredients recognized by the Ministry of Food and Drug Safety as functional materials for health foods in 2022, joint health accounted for the largest number with 8 cases, proving the market enthusiasm for joint health.
Reflecting these concerns, AceBiome is also launching a new functional food product that can help joint health, officially entering the joint health market. In particular, the new product to be released this year is characterized by scientifically blending ParActin®, an individually recognized new material that can help joint health. ParActin is a functional ingredient extracted from the natural material ‘Chunsimryeon,’ known for its excellent anti-inflammatory effects. It is a safe and reliable ingredient, having been recognized by the Ministry of Food and Drug Safety for its functionality in helping joint health.
AceBiome plans to introduce a total care product that scientifically combines ParActin with functional ingredients that can help cartilage and bone health, along with nine other auxiliary ingredients, to comprehensively support joint, cartilage, and bone health.
An AceBiome representative stated, “We are currently preparing a new product that can help not only joints but also cartilage and bone health,” and added, “We will prepare to present the product to customers through various channels such as home shopping, online, department stores, and global large warehouse stores.”
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