The Asia Pacific Nutraceuticals Market would witness market growth of 8.9% CAGR during the forecast period (2021-2027).
The health advantages, performance, and perceived wellness of functional foods are driving consumer interest. The demand for functional end-products such as dairy, snacks, meat, fats and oils, cereals, bakery and confectionery, and baby food is on the rise due to the simplicity with which nutraceutical components can be incorporated. Vitamins, minerals, fibre, and protein are all common fortifications. High-protein food is currently the clear winner, owing to its popularity among fitness enthusiasts. People are also more concerned about their health these days than their baby boomer peers.
Companies are modifying their distribution systems in order to set themselves apart from the competition and carve out space in a congested market. Soft chews, patches, gummy bears, lollipops, chewing gum, and quick-dissolving strips are all examples of innovative modalities of delivery that have progressed beyond tablets and capsules. Single-serving amounts of fortified food are readily available. This is why functional snack bars are so popular. Moreover, dietary supplements are increasingly available in more "food-like" forms, such as pudding-like squeeze packets for omega 3 fish oil, calcium in chocolate chews, joint juice for glucosamine, among others.
There is a growing consumer awareness of nutrition enrichment in emerging nations like China and India. Furthermore, in light of regulatory assistance to boost investments, the rise of the retail sector in emerging economies such as China, Indonesia, Malaysia, and India is predicted to increase buyer accessibility to such products. For example, the China Food Information Center (CFIC) published a survey report in June 2020 that found that 70% of Chinese people believe probiotics are beneficial to their health. As a result, the popularity of probiotics among consumers to improve gut health would increase in the coming years.
The Food Safety and Standards Authority of India (FSSAI) is an independent regulatory organization under the Ministry of Health and Family Welfare whose mission is to safeguard and promote public health. The Food Safety and Standards Act of 2006, which is in charge of food safety supervision and regulation, governs the FSSAI.
The China market dominated the Asia Pacific Nutraceuticals Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $73.3 billion by 2027. The Japan market is poised to grow at a CAGR of 8.2% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 9.6% during (2021 - 2027).
Based on Type, the market is segmented into Functional Food, Dietary Supplements, and Functional Beverages. Further, on the basis of Functional food, the market is segmented into Vitamins, Minerals, Carotenoids, Dietary Fibers, Prebiotics & Probiotics, Fatty Acids, and Others. Based on Dietary Supplements, the market is segmented into Vitamins & Minerals, Proteins & Amino Acids, Fibers & Specialty Carbohydrates, Botanicals, Omega Fatty Acids & Others. Based on Functional Beverages, the market is segmented into Energy & Sports Drinks, Functional Juices, and Others. Based on Sales Channel, the market is segmented into Pharmacy, Specialty Stores, Hypermarket/Supermarket, and Online Channels. Based on Form, the market is segmented into Capsule & Tablets, Liquid, Powder, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Nutraceuticals Market is Projected to reach USD 743.6 Billion by 2027, at a CAGR of 8.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., General Mills, Inc., Archer Daniels Midland Company, Danone, S.A., Koninklijke DSM N.V., International Flavors & Fragrances, Inc., Herbalife International, Inc., The Hain Celestial Group, Inc., Amway Corporation, and Cargill Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Functional Food
- Vitamins
- Minerals
- Carotenoids
- Dietary Fibers
- Prebiotics & Probiotics
- Fatty Acids
- Others
- Dietary Supplements
- Vitamins & Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Botanicals
- Omega Fatty Acids & Others
- Functional Beverages
- Energy & Sports Drinks
- Functional Juices
- Others
By Sales Channel
- Pharmacy
- Specialty Stores
- Hypermarket/Supermarket
- Online Channels
By Form
- Capsule & Tablets
- Liquid
- Powder
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Nestle S.A.
- General Mills, Inc.
- Archer Daniels Midland Company
- Danone, S.A.
- Koninklijke DSM N.V.
- International Flavors & Fragrances, Inc.
- Herbalife International, Inc.
- The Hain Celestial Group, Inc.
- Amway Corporation
- Cargill Corporation
TABLE 1 Asia Pacific Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Nutraceuticals Market
TABLE 4 Product Launches And Product Expansions– Nutraceuticals Market
TABLE 5 Acquisitions and Mergers– Nutraceuticals Market
TABLE 6 Asia Pacific Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Functional Food Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Functional Food Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Vitamins Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Vitamins Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Minerals Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Minerals Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Carotenoids Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Carotenoids Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Dietary Fibers Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Dietary Fibers Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Prebiotics & Probiotics Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Prebiotics & Probiotics Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Fatty Acids Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Fatty Acids Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Dietary Supplements Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Dietary Supplements Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Vitamins & Minerals Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Vitamins & Minerals Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Proteins & Amino Acids Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Proteins & Amino Acids Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Fibers & Specialty Carbohydrates Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Fibers & Specialty Carbohydrates Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Botanicals Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Botanicals Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Omega Fatty Acids & Others Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Omega Fatty Acids & Others Market by Country, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Functional Beverages Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Functional Beverages Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 44 Asia Pacific Energy & Sports Drinks Market by Country, 2017 - 2020, USD Million
TABLE 45 Asia Pacific Energy & Sports Drinks Market by Country, 2021 - 2027, USD Million
TABLE 46 Asia Pacific Functional Juices Market by Country, 2017 - 2020, USD Million
TABLE 47 Asia Pacific Functional Juices Market by Country, 2021 - 2027, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 49 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 50 Asia Pacific Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 51 Asia Pacific Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 52 Asia Pacific Pharmacy Market by Country, 2017 - 2020, USD Million
TABLE 53 Asia Pacific Pharmacy Market by Country, 2021 - 2027, USD Million
TABLE 54 Asia Pacific Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 55 Asia Pacific Specialty Stores Market by Country, 2021 - 2027, USD Million
TABLE 56 Asia Pacific Hypermarket/Supermarket Market by Country, 2017 - 2020, USD Million
TABLE 57 Asia Pacific Hypermarket/Supermarket Market by Country, 2021 - 2027, USD Million
TABLE 58 Asia Pacific Online Channels Market by Country, 2017 - 2020, USD Million
TABLE 59 Asia Pacific Online Channels Market by Country, 2021 - 2027, USD Million
TABLE 60 Asia Pacific Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 61 Asia Pacific Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 62 Asia Pacific Capsule & Tablets Market by Country, 2017 - 2020, USD Million
TABLE 63 Asia Pacific Capsule & Tablets Market by Country, 2021 - 2027, USD Million
TABLE 64 Asia Pacific Liquid Market by Country, 2017 - 2020, USD Million
TABLE 65 Asia Pacific Liquid Market by Country, 2021 - 2027, USD Million
TABLE 66 Asia Pacific Powder Market by Country, 2017 - 2020, USD Million
TABLE 67 Asia Pacific Powder Market by Country, 2021 - 2027, USD Million
TABLE 68 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 69 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 70 Asia Pacific Nutraceuticals Market by Country, 2017 - 2020, USD Million
TABLE 71 Asia Pacific Nutraceuticals Market by Country, 2021 - 2027, USD Million
TABLE 72 China Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 73 China Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 74 China Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 75 China Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 76 China Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 77 China Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 78 China Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 79 China Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 80 China Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 81 China Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 82 China Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 83 China Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 84 China Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 85 China Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 86 Japan Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 87 Japan Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 88 Japan Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 89 Japan Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 90 Japan Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 91 Japan Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 92 Japan Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 93 Japan Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 94 Japan Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 95 Japan Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 96 Japan Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 97 Japan Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 98 Japan Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 99 Japan Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 100 India Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 101 India Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 102 India Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 103 India Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 104 India Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 105 India Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 106 India Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 107 India Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 108 India Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 109 India Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 110 India Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 111 India Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 112 India Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 113 India Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 114 South Korea Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 115 South Korea Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 116 South Korea Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 117 South Korea Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 118 South Korea Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 119 South Korea Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 120 South Korea Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 121 South Korea Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 122 South Korea Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 123 South Korea Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 124 South Korea Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 125 South Korea Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 126 South Korea Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 127 South Korea Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 128 Singapore Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 129 Singapore Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 130 Singapore Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 131 Singapore Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 132 Singapore Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 133 Singapore Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 134 Singapore Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 135 Singapore Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 136 Singapore Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 137 Singapore Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 138 Singapore Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 139 Singapore Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 140 Singapore Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 141 Singapore Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 142 Malaysia Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 143 Malaysia Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 144 Malaysia Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 145 Malaysia Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 146 Malaysia Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 147 Malaysia Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 148 Malaysia Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 149 Malaysia Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 150 Malaysia Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 151 Malaysia Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 152 Malaysia Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 153 Malaysia Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 154 Malaysia Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 155 Malaysia Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 156 Rest of Asia Pacific Nutraceuticals Market, 2017 - 2020, USD Million
TABLE 157 Rest of Asia Pacific Nutraceuticals Market, 2021 - 2027, USD Million
TABLE 158 Rest of Asia Pacific Nutraceuticals Market by Type, 2017 - 2020, USD Million
TABLE 159 Rest of Asia Pacific Nutraceuticals Market by Type, 2021 - 2027, USD Million
TABLE 160 Rest of Asia Pacific Nutraceuticals Market by Functional Food Type, 2017 - 2020, USD Million
TABLE 161 Rest of Asia Pacific Nutraceuticals Market by Functional Food Type, 2021 - 2027, USD Million
TABLE 162 Rest of Asia Pacific Nutraceuticals Market by Dietary Supplements Type, 2017 - 2020, USD Million
TABLE 163 Rest of Asia Pacific Nutraceuticals Market by Dietary Supplements Type, 2021 - 2027, USD Million
TABLE 164 Rest of Asia Pacific Nutraceuticals Market by Functional Beverages Type, 2017 - 2020, USD Million
TABLE 165 Rest of Asia Pacific Nutraceuticals Market by Functional Beverages Type, 2021 - 2027, USD Million
TABLE 166 Rest of Asia Pacific Nutraceuticals Market by Sales Channel, 2017 - 2020, USD Million
TABLE 167 Rest of Asia Pacific Nutraceuticals Market by Sales Channel, 2021 - 2027, USD Million
TABLE 168 Rest of Asia Pacific Nutraceuticals Market by Form, 2017 - 2020, USD Million
TABLE 169 Rest of Asia Pacific Nutraceuticals Market by Form, 2021 - 2027, USD Million
TABLE 170 Key Information – Nestle S.A.
TABLE 171 Key Information – General Mills, Inc.
TABLE 172 key Information – Archer Daniels Midland Company
TABLE 173 Key information – Danone S.A.
TABLE 174 Key Information – Koninklijke DSM N.V.
TABLE 175 key Information – International Flavors & Fragrances, Inc.
TABLE 176 Key information – Herbalife International, Inc.
TABLE 177 Key Information – The Hain Celestial Group, Inc.
TABLE 178 key information - Amway Corporation
TABLE 179 Key Information – Cargill Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018,Oct – 2021, Oct) Leading Players
FIG 5 Recent Strategies and Developments: Nestle S.A.
FIG 6 Recent Strategies and Development: Archer Daniels Midland Company
FIG 7 Recent Strategies and Developments: Koninklijke DSM N.V.
FIG 8 Recent Strategies and Developments: International Flavors & Fragrances, Inc.
FIG 9 Recent Strategies and Developments: Herbalife International, Inc.
FIG 10 Recent Strategies and Developments: Amway Corporation