Asia Pacific Nutraceuticals Market
The Asia Pacific nutraceuticals market is accounted to US$ 74,648.1 Mn in 2018 and is expected to grow at a CAGR of 7.3% during the forecast period 2019 – 2027, to account to US$ 140,178.6 Mn by 2027.
Nutraceuticals is medically or nutritionally active food. This functional food is enriched with probiotic and prebiotic ingredients and are consumed for maintaining the gut health. It helps in reducing the risk of diabetes and cardiovascular diseases. It also provides physiological benefits. They are of many types, namely, functional food, functional beverages, dietary supplements and personal care and pharmaceuticals. They also have a wide range of application in general wellness, beauty and anti-ageing, weight management, digestive health and sports and energy. The Nutraceuticals market is rapidly growing at a faster pace over the past few years. Nutraceuticals are gaining popularity among the customers due to their potential nutritional and therapeutic effects. Over the past few years, nutraceuticals are consumed as a preventive measure for chronic diseases such as cancer, diabetes, allergy, Alzheimer, cardiovascular, eye, immune, inflammatory and Parkinson's diseases, and obesity. For instance, Arthritis is a common disease which results in joint replacement surgery. Nutraceuticals are used as an alternative treatment for pathological manifestations of arthritic disease. The consumption of fish oils such as cod liver oil in the diet helps to prevent arthritic disease. Similarly, Alzheimer’s disease (AD), also known as primary degenerative dementia of the Alzheimer's type (PDDAT) is the most common form of dementia.
Strategic insights for the Asia Pacific Nutraceuticals provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 74,648.1 Million |
| Market Size by 2027 | US$ 140,178.6 Million |
| Global CAGR (2019 - 2027) | 7.3% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia Pacific Nutraceuticals refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Nutraceuticals ingredients such as vitamins and minerals are added in the functional food and beverages to enhance the nutritional value. Functional foods have a positive effect on health beyond basic nutrition and also promote optimal health. Functional food and beverages are enhanced with nutrition that are not provided naturally. For example, calcium is added to fruit juices, and milk is fortified with vitamin D. The children are particularly facing health problems due to nutrient deficiencies. Many children and teenagers don’t meet daily nutrient requirements that are necessary to maintain a healthy lifestyle. Functional foods are important sources of nutrients for kids, especially for iron, zinc, and B vitamins. Rising awareness regarding nutrient deficiencies such as iodine, vitamin A & D, and myopia is expected to lead to the growth of functional foods and beverages during the forecast period.
The Asia Pacific nutraceuticals market is segmented on the basis of type as – functional food, functional beverages, dietary supplements, personal care and pharmaceuticals. The functional food segment in the Asia Pacific nutraceuticals market is estimated to hold a leading share in the market, whereas the functional beverages segment is estimated to grow at the fastest rate. Nutraceuticals have helped people realize that food not only provides us with nutrition but also has medicinal importance that can help fight against chronic diseases. Functional foods are food that provides us with enhanced health and performance by the introduction of ingredients that they lack naturally or the modification of the ingredients that are present. Nutraceuticals have helped to improve and maintain functional aspects of the body such as the bone strength, dental health, the digestive system, cardiovascular system, immune system and the digestive system.
The Asia Pacific nutraceuticals market is segmented on the basis of application as general wellness, beauty and anti-aging, weight management, digestive health, sports and energy. The general wellness segment accounts for the largest share in the Asia Pacific nutraceuticals market, while the sports and energy segment also contributes a significant share in the market. The use of Nutraceuticals by the athletes and sportsmen is being increased swiftly due to the rising awareness of the nutritional benefits and the acceptance of Nutraceuticals supplements. Branched-chain amino acids (BCAA) are the most widely consumed Nutraceuticals supplement among the athletes. The main function of BCAAs is the stimulation of protein synthesis, which promotes muscle building. Calcium and vitamin D is one of the most utilized and consumed ingredients among athletes. The increasing participation of consumers in physical activities has raised the consumption of sports & energy drinks which supports the growth of the nutraceuticals market in Asia Pacific.
Strategic insights for the Asia Pacific Nutraceuticals provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 74,648.1 Million |
| Market Size by 2027 | US$ 140,178.6 Million |
| Global CAGR (2019 - 2027) | 7.3% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia Pacific Nutraceuticals refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Nutraceuticals Market, by Type
Nutraceuticals Market, by Application
The List of Companies - Asia Pacific Nutraceuticals Market
The Asia Pacific Nutraceuticals Market is valued at US$ 74,648.1 Million in 2018, it is projected to reach US$ 140,178.6 Million by 2027.
As per our report Asia Pacific Nutraceuticals Market, the market size is valued at US$ 74,648.1 Million in 2018, projecting it to reach US$ 140,178.6 Million by 2027. This translates to a CAGR of approximately 7.3% during the forecast period.
The Asia Pacific Nutraceuticals Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Nutraceuticals Market report:
The Asia Pacific Nutraceuticals Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Nutraceuticals Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Nutraceuticals Market value chain can benefit from the information contained in a comprehensive market report.
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