The Asia-Pacific nutraceuticals market is projected to grow at a CAGR of 8.3% during the forecast period. The rapidly growing aging population of countries such as Japan, Indian, and China has presented a huge opportunity for the regional growth of the market. Aged people are more prone to diseases such as diabetes, obesity, and cardiovascular diseases. Nutraceuticals that contain antioxidants, probiotics, and polyunsaturated fatty acids help in managing such problems and hence there is an increasing demand for nutraceuticals in the region.
Study Period |
2019-2026 |
Forecast Period |
2020-2026 |
Market Value in 2019 |
$XX Billion |
Market Value in 2026 |
$139.3 Billion |
CAGR % (2020-2026) |
8.3 |
The Asia-Pacific nutraceuticals market is segmented on the basis of product type and distribution channels. Based on the product type, the market is segmented into functional food, functional beverage, and dietary supplements. The functional food segment is projected to hold a significant share in the market owing to the availability and increased awareness about a wide range of functional food in the market.
Based on the distribution channel, the market is segmented into retail & supermarkets and online platform. The online distribution channel tends to exhibit significant growth during the forecast period. Further, the report covers the country-level analysis of China, India, Japan, and the Rest of Asia-Pacific. India is estimated to exhibit a significant growth rate in the Asia-Pacific nutraceuticals market during the forecast period.
Some of the prominent players operating in the Asia-Pacific nutraceuticals market include Otsuka Pharmaceuticals Co. Ltd., Teijin Ltd., Himalaya Global Holdings Ltd., Nestle SA, and others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the North American nutraceuticals market. For instance, in May 2019, Japanese Teijin Ltd. entered the functional food market by the establishment of Nomon, Co., Ltd. for selling nutraceutical food and beverages to help people maintain their health.
Research Methodology
The market study of the Asia-Pacific nutraceuticals market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for nutraceuticals market players, functional beverage manufacturers, functional food manufacturers, dietary supplement manufacturers, government organizations, research institutes, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
The Report covers:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Country
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Market Determinants
3.1 Motivators
3.2 Restraints
3.3 Opportunities
4. Market Segmentation
4.1. Asia-Pacific Nutraceuticals Market by Product Type
4.1.1. Functional Food
4.1.2. Functional Beverage
4.1.3. Dietary Supplements
4.2. Asia-Pacific Nutraceuticals Market by Distribution Channel
4.2.1. Retail & Supermarket
4.2.2. Online Platform
5. Regional Analysis
5.1. China
5.2. Japan
5.3. India
5.4. Rest of Asia-Pacific
6. Company Profiles
6.1. Biholon Co. Ltd.
6.1.1. Overview
6.1.2. Biholon Co. Ltd. in Nutraceuticals Landscape
6.1.3. Recent Developments
6.2. Cosmic Concord Corp., Ltd. (3C)
6.3. Divi's Laboratories Ltd.
6.4. E.I.D Parry Ltd.
6.5. Fine Co. Ltd.
6.6. Herbalife Ltd.
6.7. Himalaya Global Holdings Ltd.
6.8. Nestle SA
6.9. Otsuka Pharmaceuticals Co. Ltd.
6.10. Nomon, Co., Ltd. (Teijin Ltd.)
6.11. Nutritech Asia Group Ltd.
6.12. Patanjali Ayurved Ltd.
6.13. SBS Inc.
6.14. Sirio Pharma Co., Ltd.
6.15. Zoic Pharmaceuticals
1. ASIA-PACIFIC NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
2. ASIA-PACIFIC FUNCTIONAL FOOD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
3. ASIA-PACIFIC FUNCTIONAL BEVERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
4. ASIA-PACIFIC DIETARY SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
5. ASIA-PACIFIC NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2018-2025 ($ MILLION)
6. ASIA-PACIFIC NUTRACEUTICALS AT RETAIL & SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
7. ASIA-PACIFIC NUTRACEUTICALS AT ONLINE PLATFORM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
8. ASIA-PACIFIC NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
1. ASIA-PACIFIC NUTRACEUTICALS MARKET SHARE BY PRODUCT TYPE, 2018 VS 2025 (%)
2. ASIA-PACIFIC NUTRACEUTICALS MARKET SHARE BY DISTRIBUTION CHANNEL, 2018 VS 2025 (%)
3. ASIA-PACIFIC NUTRACEUTICALS MARKET SHARE BY COUNTRY, 2018 VS 2025 (%)
4. CHINA NUTRACEUTICALS DRUG MARKET SIZE, 2018-2025 ($ MILLION)
5. JAPAN NUTRACEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
6. INDIA NUTRACEUTICALS DRUG MARKET SIZE, 2018-2025 ($ MILLION)
7. REST OF ASIA-PACIFIC NUTRACEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)