Asia-Pacific Nutritional Supplements
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the Asia-Pacific Nutritional Supplements Market Size will be USD 343.84 Billion in 2023 and is set to achieve a market size of USD 596.92 Billion by the end of 2031 growing at a CAGR of 6.8% from 2024 to 2031
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Market Split by Product |
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Market Split by Consumer group |
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Market Split by Formulation |
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Market Split by Distribution Channel |
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List of Competitors |
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Country Analysis | China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC | Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Asia-Pacific Nutritional Supplements industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Asia-Pacific Nutritional Supplements Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
According to Cognitive Market Research, Asia -Pacific is projected to grow at a CAGR of XX% over the period.The rising disposable income, urbanization, health consciousness, and desire for natural and herbal goods are all projected to drive the Asia-Pacific nutritional supplements market forward. Market companies are launching strategic measures to expand their market share. Centrum, for example, released its Multivitamin brand in India, while Vitals Brand Co., Ltd. created an e-commerce platform to meet the needs of modern consumers. Governments and regulatory bodies are also putting in place measures to enhance nutritional consumption, such as a specialized feeding program for infants and children in Tamil Nadu.
China - In 2024, the Nutritional Supplements market in China generated a revenue of US$XXbn. China’s dietary/nutritional supplement market was worth 200.2 billion yuan in 2022, up from around 190.8 billion yuan the previous year. Since 2013, China's dietary supplement market has more than quadrupled.
(Source-https://www.statista.com/statistics/1262663/china-market-size-of-dietary-supplements/#:~:text=As%20of%202022%2C%20China's%20dietary,more%20than%20doubled%20since%202013.)
India - India's nutraceutical market is forecast to become a worldwide leader, with a value of USD 4-5 billion, and to expand by 18 billion by 2025. The Indian dietary supplement market was valued at USD 3924.44 million in 2020 and is predicted to increase at a 22% annual rate to USD 10,198.57 million by 2026. The pandemic and the growing relevance of preventative healthcare have fueled the sector's exponential rise. Vitamin capsules, chewable pills, and gummies are examples of how the Indian population's purchasing patterns and market behavior have changed.(Source-https://foodprocessingindia.gov.in/newsletter/emailer/two#:~:text=The%20dietary%20supplements%20market%20in,exponential%20growth%20of%20this%20sector.)
Japan - In 2024, the Nutritional Supplements market in Japan generated a revenue of US$XXbn. According to the International Trade Administration U.S. Department Of Commerce, Japan is the world's third-largest dietary supplement market, at USD 9.4 billion. The market is likely to develop as Japan's population ages and customers become more health-concerned. Dietary supplements and health foods are becoming increasingly popular for preventing lifestyle illnesses, anti-aging, weight loss, and cosmetic care. The Ministry of Health, Labour, and Welfare is in charge of dietary supplement safety and import laws, whilst the Consumer Affairs Agency handles food claims, including dietary supplements. Japan's health claims system is complicated, with food items divided into three categories: Foods for Specified Health Uses (FOSHU), Foods with Nutrient Function Claims (FNFC), and Foods with Function Claims Based on Scientific Evidence.
(Source-https://www.trade.gov/market-intelligence/japan-dietary-supplements-market-update)
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To meet the increasing demands of consumers the industry players are now investing and giving more attention to their research and development of Nutritional Supplements so that they sustain and survive in the competition. ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.
Top Companies Market Share in Asia-Pacific Nutritional Supplements Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The published report edition delivers Asia Pacific Market size analysis from 2019 till the forecast period of 2031. We have included analysis of top performing countries such as (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC) and their Market segmentation by Product, Consumer group, Formulation, Distribution Channel , etc. This will help you to understand detailed segment profile, revenue generation, growth patterns, trends, and differences among the each segments.
The functional food and beverages segment accounts for the largest market share and is expected to rise over the period. The growing demand for fortifying food additives and nutritional foods, as well as increased health awareness, are driving the expansion of the functional food industry. The idea began in Japan, where the government allowed fortified meals in 1980, resulting in increased demand for functional food products. The sports nutrition segment is anticipated to grow at a faster rate over a period of time. This can be ascribed to an increased emphasis on exercise and health to live a healthy lifestyle. Sports professionals, athletes, and fans have all supported sports nutrition products, resulting in the segment's rise.
Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!
The Adult segment is predicted to lead the market in 2023- 2030, This segment's growth is being driven by increased obesity rates, demand for functional foods, and a desire for health and exercise. The children's segment is the fastest-growing segment as parents become more aware of the health advantages of nutritional supplements, with baby boomers accounting for around 21% of the worldwide population in 2020.
Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!
The powder category leads the worldwide nutritional supplement market, accounting for 37% of sales in 2022. This is due to its widespread availability and commercial presence, as well as the increasing popularity of green tea, dietary fibers, and protein powders. The capsules market is likely to be the most profitable, as capsules provide convenience and satisfy daily nutritional demands for busy customers who frequently do not eat properly. The powder sector is projected to maintain its market dominance.
The specialty retailers sector led the market in 2022-2030, accounting for the majority of sales. They sell a range of vitamins and brands, and salespeople may assist consumers find the correct supplement. E-commerce is the fastest-growing segment because of its expanding popularity and ease of refunds, replacements, payment alternatives, and discounts on numerous brands.
The Current Published report Editon on the website includes the following list of countries analysis whereas in case you looking to access any other country or states level data under Asia Pacific then please revert us to access the exclusive Asia-Pacific Nutritional Supplements industry report Edition.
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Bio :Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing...Read More
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Asia-Pacific Nutritional Supplements Market is witnessing significant growth in the near future.
In 2023, the Sports Nutrition segment accounted for noticeable share of Asia-Pacific Nutritional Supplements Market and is projected to experience significant growth in the near future.
The Infants segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Herbalife , Pfizer and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Product | Sports Nutrition, Fat Burners, Dietary Supplements, Functional Food & Beverages |
Consumer group | Infants, Children, Adults, Pregnant, Geriatric |
Formulation | Tablets, Capsules, Powder, Soft Gels, Liquid, Others |
Distribution Channel | Supermarkets, Hypermarkets, Speciality stores, E-commerce, Pharmacies, Other |
List of Competitors | Herbalife, Amway, Pfizer, Inc, Nestle, PepsiCo, Cardiff Sports Nutrition, Abbott Laboratories, GlaxoSmithKline Consumer Healthcare, Cipla Limited, Lupin Limited, Dabur India Ltd., Cliff Bar & Company, The Hut.Com L td., Nature’s Bounty, Danone S.A, Forever Living Products, Otsuka Holdings Co. Ltd, Nutraceutical International Corporation, NOW Foods, Bayer AG |
Chapter 1 Asia Pacific Market Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 2 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 3 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 4 Market Split by Product Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 5 Market Split by Consumer group Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 6 Market Split by Formulation Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 7 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Asia-Pacific Nutritional Supplements market
Chapter 8 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Sports Nutrition have a significant impact on Asia-Pacific Nutritional Supplements market? |
What are the key factors affecting the Sports Nutrition and Fat Burners of Asia-Pacific Nutritional Supplements Market? |
What is the CAGR/Growth Rate of Infants during the forecast period? |
By type, which segment accounted for largest share of the Asia-Pacific Nutritional Supplements Market? |
Which region is expected to dominate the Asia-Pacific Nutritional Supplements Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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