The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
For further reading click on the link below:
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2. The report titled “Asia Pacific Nutraceuticals Market Outlook 2021 –
Extensive Customer Base Coupled with Rising Disposable Income in India
and China to Foster Growth” provides a comprehensive analysis of
nutraceuticals market in Asia-Pacific region. The report focuses on overall
market size for Asia Pacific nutraceuticals market, market segmentation on
the basis of Dietary Supplements, Functional Foods and Beverages, sub-
segmentations on the basis of Dietary Supplements by Type of Supplements,
Functional Foods and Beverages by Food Category and market segmentation
by countries (China, Japan, India, Australia, Korea, Thailand, Vietnam).
3. The report also covers competitive landscape and market share of major
players in nutraceuticals market, countries’ import and export scenario, major
government regulations and future projections for nutraceuticals market in
each country. The report concludes with market projection for future and
analyst recommendation highlighting the major opportunities and cautions.
Asia Pacific Nutraceuticals Market
Asia Pacific nutraceuticals market has been recorded as USD ~ million in 2011
and USD ~ million in year 2016, exhibiting growth at a CAGR of ~ % during the
period. The changing lifestyles and increasing preferences towards healthy
style of eating are acting as major driving forces for Asia Pacific nutraceuticals
market. The changing lifestyle which includes excessive consumption of junk
food, smoking and alcohol has resulted in imbalance in nutritional
requirements, leading to high demand for nutraceuticals in the region. In
addition to that, people in Asia Pacific region have diverted their attention
towards preventive healthcare rather than curative healthcare, which requires
regular consumption of dietary supplements and functional foods to improve
immune system against diseases.
4. Asia Pacific Nutraceuticals Market Segmentation
Asia Pacific Nutraceuticals market is segmented on the basis of three major
segments- by dietary supplements, by functional foods and beverages market
and by countries. The dietary supplements segmentation is sub-segmented on
the basis of types of supplements. Functional Foods and beverages market is
further sub-segmented on the basis of food category.
By Dietary Supplements, and Functional Foods and Beverages
Functional foods and beverages segment dominated the Asia Pacific
nutraceuticals market with revenue share worth ~% by the year ending 2016.
Increasing consumer awareness about health and fitness in the Asia Pacific
region is a major driving force which has boosted the demand for functional
foods and beverages market. Additionally, elevating consumption of processed
food in developing economies such as India and China and rising GDP, which
allows users to purchase expensive functional foods and beverages, is further
assisting the segment to generate high revenue. On the other hand, dietary
supplements have been observed to capture remaining share of the market
with growth recorded at a CAGR of ~% in between 2011 and 2016.
5. Increased consumption of junk food, smoking and alcohol has resulted in
deficiency of various nutrients in the bodies of Asian people, which has
resulting in various lifestyle diseases which majorly includes cardiac disorder,
obesity, and diabetes. As a preventive measure of these diseases and for
management purpose, doctors in the region are highly prescribing
nutraceuticals for completing nutritional requirement of the body and for
improvisation of immune system, hence driving the market.
Dietary Supplements Segmentation by Type of Supplements
Vitamins and minerals dominated the market with revenue share of ~% in 2016,
driven by rising health consciousness among the ageing population and high
incidence rate of vitamin deficiency in the region. The herbal supplements
market followed vitamins and minerals with revenue share of ~% in 2016 and is
witnessed to showcase a high growth, supported by the fact that many herbal
companies are strongly promoting their products for beauty enhancement and
health improvement. Korea Ginseng is major example of the same. However,
rising prevalence of digestive disorders owing to increased consumption of junk
food has resulted in high demand for probiotics in the region, with segment
recording growth at a CAGR of ~% in between 2011 and 2016.
6. Functional Foods and Beverages Market Segmentation by Food Category
Health segment dominated the functional food and beverages market with a
revenue share worth ~% in Asia-Pacific functional foods and beverages market in
year 2016. Rising health consciousness among the Asia-Pacific countries is urging
the manufacturers of functional foods to meet the transforming demand of
growing nutrition. Manufacturers are introducing functional fortified foods for
specific target audience which is helping them in generating extra revenue from
the segment. The example of this can be omega 3 fortified foods for heart health
problems. The digestive segment followed health functional foods and
beverages market by capturing revenue share worth ~% of Asia Pacific region in
2016. It has been witnessed that the segment is continuously growing at a CAGR
of ~% for the projected period of six years from 2011 to 2016 majorly due to
rising prevalence of digestive disorders in the region.
By Countries
China dominated the Asia Pacific nutraceuticals industry by grabbing revenue
share worth ~% of the overall market by the year ending 2016 majorly due to
growing and increasing consumer demand for natural/herbal products that
promote healthy living lifestyle and for treating diseases.
7. Additionally, the large presence of customer base in the country coupled with
rising disposable income to purchase expensive nutraceuticals is further
driving the market in the country. Japan followed China in the Asia Pacific
nutraceuticals market by capturing revenue share worth ~% of the overall
market in 2016 which is backed by growing demand for joint health and
weight loss supplements such as konnyaku, non-caloric fiber for weight loss in
the country. Other major countries in the region, India and Australia captured
revenue share of worth ~% and ~% in the total market in year 2016
respectively.
Asia Pacific Nutraceuticals Market Future Outlook & Projections
Asia Pacific nutraceuticals market is expected to showcase growth at a CAGR
of ~% during the forecast period of four years from 2016 to 2019 owning to
the rising demand of dietary supplements in various countries such as China,
Japan and Korea and increasing lifestyle shift of consumers towards preventive
therapies. Rising disposable income coupled with growing knowledge and
awareness about health and fitness are also witnessed as some of the major
driving forces for expanding nutraceuticals demand in Asia Pacific countries.
8. Rising population in various countries including India and China, which has
provided huge customer base in the region to the market players operating in
the market is expected to further assist the companies generate high revenue
during the forecast period. The dietary supplements market in Asia Pacific
region is expected to grow at a CAGR of ~% for the projected period of six years
from 2016 to 2021 majorly due to high sale of vitamins and minerals, containing
micronutrients which are intended to aid human body function smoothly and
enhance mental health.
Key Topics Covered in the Report:
Introduction to Asia Pacific Nutraceuticals Market, 2011-2016
Nutritional Supplement Industry Trends
Asia Pacific Dietary Supplements Market
Asia Pacific Nutraceuticals Market Size, 2011-2016
Asia Pacific Nutraceuticals Market Segmentation by dietary supplements, food
& beverages and countries
Vitamin and Supplement Industry Analysis
Asia Pfizer Revenue Nutritional Supplements
Dietary Supplements segmentation by type of supplements
9. Foods and Beverages Market Segmentation by Product Category
Vitamin and Supplements Market
Dietary Supplements Industry Growth
China Nutraceuticals Market
Prebiotics Market Asia
Japan Nutraceuticals Market
Sports Nutrition Market Asia
Health Supplements Market Asia
India Nutraceuticals Market
Australia Nutraceuticals Market
Growth Global Dietary Supplements Market Asia
Nutraceuticals Market Asia Pacific Industry Analysis
Korea Nutraceuticals Market
Thailand Nutraceuticals Market
Asia Nutraceutical Market
Supplement Sales Statistics
Vietnam Nutraceuticals Market
Major Trends and developments
10. Analyst Recommendations
Competitive Landscape of Major Players in Asia Pacific Nutraceuticals Market
Asia Pacific Future Outlook and Projections, 2017-2021
For further reading click on the link below:
https://www.kenresearch.com/healthcare/pharmaceuticals/asia-pacific-
nutraceuticals-market-report/118296-91.html
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