Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Asia Nutraceutical Market, Nutritional Supplement Industry, Prebiotics Market Asia - Ken ResearchBy: Ken Research.com 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). 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. 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. 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. 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. Key Topics Covered in the Report: Nutritional Supplement Industry Trends Asia Pacific Dietary Supplements Market Asia Pacific Nutraceuticals Market Size, 2011-2016 Vitamin and Supplement Industry Analysis Asia Pfizer Revenue Nutritional Supplements Dietary Supplements segmentation by type of supplements 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 Analyst Recommendations For further reading click on the link below: https://www.kenresearch.com/ Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 End
|
| ||||||||||||||||||||||||||||||||||||||||||
