Asia-Pacific Nutritional Supplement Market is Expected to Grow at a CAGR of 14.63% by 2023
A recent report by KD market insights titled as "Asia-Pacific Nutritional Supplement Market (2018–2023)" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Asia-Pacific Nutritional Supplement Market.
The Asia-Pacific nutritional supplement market was worth USD 44.02 Bn in 2017. This market is expected to witness the fastest growth at a CAGR of 14.63% from the period of 2018 to 2023. Personalized nutrition is emerging as a major trend in this market. Growing awareness about the need for nutritional supplements in China and India is acting in favour of the market.
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By type of ingredients, the market is segmented Vitamins, Proteins, Amino acids, Enzymes and Botanicals supplements. Botanicals supplements has the highest share in Asia-Pacific in 2018.
By end-user, the market is segmented into Infants and Adults.
By countries, the market is divided into China, India, Japan and Others (Rest of Asia-Pacific).
Key growth factors
Increased consumer awareness regarding the benefits of dietary supplements and wide product availability are some of the major drivers in Asia-Pacific. Increase in the disposable income allows people to spend more on nutritional supplements. The use of traditional herbal supplements such as tulsi, aswagandha and turmeric due to their medicinal benefits is also a key driver for this market.
Threats and key players
Lack of awareness about the dosage of nutritional supplements and strict government regulations and guidelines is considered to be one of the challenges for this market.
The key players operating in the Asia-Pacific nutritional supplement market are Abbott Nutritionals, GlaxoSmithKline, Amway Asia-Pacific Ltd , Bayer AG and Arkopharma Laboratories.
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Table Of Content@
Chapter 1: Executive summary
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary
Chapter 2: Asia-Pacific nutritional supplement market – market overview
2.1. Asia-Pacific market overview – market trends, market attractiveness analysis, country-wise market revenue (USD)
2.2. Asia-Pacific – market drivers and challenges
2.3. Value chain analysis – nutritional supplement market
2.4. Porter’s Five Forces analysis
2.5. Market segmentation based on type of ingredients (Vitamins, Proteins, Amino acids , Enzymes and Botanicals)
2.5. a. Vitamins supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. b. Proteins supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. c. Amino acids supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. d. Enzymes supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. e. Botanicals supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.5. f. Market segmentation by type of ingredients – Growth drivers
2.5. g. Market segmentation by type of ingredients – Key challenges
2.6. Market segmentation based on End-user (Infants and Adults) Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn).
2.6. a. Growth drivers and key challenges
2.7. Major country penetration
Chapter 3. China nutritional supplement market
3.1. China market overview – market trends, market attractiveness analysis, country-wise market revenue (USD)
3.2. Market segmentation based on type of ingredients (Vitamins, Proteins, Amino acids, Enzymes and Botanicals)
3.2. a. Vitamins supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2. b. Proteins supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2. c. Amino acids supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2. d. Enzymes supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2. e. Botanicals supplement revenue - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2. f. Market segmentation by type of ingredients – Growth drivers
3.2.g. Market segmentation by type of ingredients – Key challenges
3.3. Market segmentation based on End-user (Infants and Adults) Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn).
3.3. a. Growth drivers and key challenges
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