Opportunities Preloader

Please Wait.....

Report

Asia Pacific Nutritional Supplements Market By Product (Sports Nutrition, Dietary Supplements, Functional Foods & Beverages), By Formulation (Tablets, Capsules, Powder, Softgels, Liquid, Others), By Sales Channel (Brick & Mortar, E-commerce), By Country, Competition, Forecast & Opportunities, 2019-2029F

Market Report I 2024-12-06 I 130 Pages I TechSci Research

Asia Pacific Nutritional Supplements Market was valued at USD 149.32 billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 5.71% through 2029. In the realm of nutritional supplements, the Asia Pacific region has taken a prominent position. The inhabitants of this vast area have been progressively gravitating towards embracing healthier lifestyles through the incorporation of traditional practices, natural food sources, supplements, and dietary enhancements. Notably, countries like Japan and China are witnessing a substantial increase in their elderly population. Consequently, enhancing quality of life through the use of nutritional supplements and functional foods has become a primary focus, thereby propelling the market within the Asia Pacific region.
Key Market Drivers
Rising Health Consciousness
In recent years, the Asia Pacific region has experienced a notable transformation, with a marked shift toward greater health awareness. This evolving trend is not only influencing lifestyle choices but is also reshaping the business landscape, particularly driving significant growth in the nutritional supplements market.
Diverse in culture and traditions, the Asia Pacific region is increasingly prioritizing health, as consumers adopt more health-conscious behaviors. There is a growing recognition that well-being encompasses a holistic approach to health, which is fueling demand for nutritional supplements aimed at supporting or enhancing overall health. Heightened awareness of nutritional deficiencies is further accelerating this demand. Many consumers in the region are recognizing that their daily diets may lack essential nutrients, prompting a shift toward supplements as a solution to address these gaps. This awareness is a key driver of market expansion for nutritional products.
Preventive healthcare has also gained significant momentum, with individuals proactively seeking measures to improve their health and prevent illness. Nutritional supplements are seen as integral to this preventative approach, offering products such as vitamins, minerals, and herbal solutions that contribute to maintaining vitality and well-being. The concept of holistic health, which encompasses physical, mental, and emotional well-being, is becoming increasingly popular. This trend is influencing consumer choices as individuals seek supplements that not only address specific health concerns but also promote overall vitality and balanced living. The surge in health consciousness has been accompanied by a wealth of health-related information. Influencers, healthcare professionals, and wellness experts are playing a pivotal role in educating the public about the benefits of nutritional supplements. Their endorsements are empowering consumers to make informed decisions, integrating supplements into their daily routines to support their health goals.
Traditional Wisdom Meets Modern Science
The Asia Pacific region has experienced a significant convergence of traditional wisdom and modern scientific advancements, fueling substantial growth in the nutritional supplements market. Countries such as China, India, and Japan, with their rich histories of utilizing natural remedies derived from plants and herbs, have seamlessly integrated time-honored practices with contemporary scientific validation. This synergy has paved the way for the development of nutritional supplements with proven health benefits.
Consumers, increasingly discerning about product origin and safety, place considerable trust in supplements that are rooted in centuries-old traditions. The authenticity and reliability of these time-tested remedies foster greater consumer confidence, as ancient health systems like Ayurveda and Traditional Chinese Medicine gain traction for their holistic approach to well-being. In response to this demand, manufacturers are incorporating ingredients and principles from these ancient systems into modern supplements, offering consumers natural and comprehensive health solutions.
Advancements in modern science have played a critical role in enhancing the efficacy of these traditional remedies. Rigorous scientific studies now identify active compounds and validate their health benefits, further strengthening consumer trust in the effectiveness of these ingredients.
The integration of traditional wisdom with scientific innovation has also given rise to personalized nutrition. By leveraging individual health data, traditional knowledge, and scientific research, companies are developing customized supplements that cater to the unique health needs of consumers. This growing trend reflects the increasing consumer preference for tailored wellness solutions designed to optimize personal health outcomes.
Preventive Healthcare
The Asia Pacific region is witnessing a notable shift toward preventive healthcare, fueling significant growth in the nutritional supplements market. In recent years, there has been a growing recognition among individuals of the importance of proactive health management, which has driven an increased focus on preventive measures. Nutritional supplements play a central role in this trend, particularly in addressing nutritional deficiencies and supporting overall well-being.
With modern lifestyles characterized by sedentary habits and poor dietary choices, various health issues have become more prevalent. Preventive healthcare strategies aim to mitigate these challenges by promoting healthier lifestyle choices, with nutritional supplements providing essential nutrients to counteract the effects of contemporary living. These supplements are increasingly seen as critical tools in supporting holistic well-being, encompassing physical, mental, and emotional health.
The region's aging population, particularly in countries such as Japan and China, has further accentuated the demand for products that support health and vitality among older adults. Nutritional supplements are increasingly tailored to meet the specific needs of this demographic, driving their growing presence in the market. This trend reflects a broader consumer shift towards maintaining long-term health and vitality, creating a robust market opportunity for supplements designed to address the unique health needs of aging populations.
E-commerce Boom
E-commerce is driving significant transformation in the commerce and wellness sectors, particularly in the Asia Pacific region, where it is fueling rapid growth in the nutritional supplements market. The rise of online platforms has revolutionized how consumers access nutritional supplements, eliminating geographical constraints and offering unmatched convenience. This accessibility has played a key role in the market's expansion.
Online platforms now provide an extensive range of nutritional supplements, catering to diverse dietary preferences and health needs across the Asia Pacific region. Consumers benefit from this variety, allowing them to select products that align with their specific requirements. E-commerce platforms also empower consumers with a wealth of information, including detailed product descriptions, user reviews, and expert recommendations. This transparency fosters greater consumer trust and confidence in their purchasing decisions.
The facilitation of cross-border trade through e-commerce has further expanded consumer access to supplements from around the globe, allowing them to explore options beyond local offerings. This global reach not only broadens the product selection but also introduces niche or specialized products to the market. Competitive pricing, along with promotions such as discounts, bulk purchase deals, and loyalty programs, enhances affordability and encourages consumers to incorporate supplements into their daily routines.
Key Market Challenges
Safety and Quality Concerns
Consumer trust is paramount in the nutritional supplements industry. Concerns about the safety and quality of products persist, especially in an era where product authenticity and transparency are crucial. Ensuring that the supplements on the market are free from contaminants and meet label claims is a constant challenge that the industry must address to maintain consumer confidence.
Counterfeit and Adulterated Products
The Asia Pacific region, like many others, has experienced issues with counterfeit and adulterated nutritional supplements. These products can not only harm consumers but also tarnish the reputation of the entire industry. Combating the production and distribution of such products is an ongoing challenge that requires strong regulatory enforcement and industry collaboration.
Market Saturation and Competition
As the market continues to grow, it is becoming increasingly saturated with a wide array of nutritional supplements and brands. This intense competition makes it challenging for both established and new players to differentiate themselves, leading to pressure on pricing and marketing strategies.
Key Market Trends
Personalized Nutrition
One of the most influential trends shaping the Asia Pacific nutritional supplements market is personalized nutrition. Consumers are seeking tailor-made solutions that address their specific health needs, and companies are responding by offering personalized supplements. These solutions often leverage data and technology to provide individualized recommendations based on factors such as age, gender, lifestyle, and health goals.
Natural and Plant-Based Supplements
As the demand for clean-label and natural products continues to grow, there's a surge in the popularity of natural and plant-based supplements. Consumers are increasingly turning to herbal, botanical, and plant-based ingredients for their perceived safety and efficacy. Traditional remedies and holistic wellness practices are also experiencing a resurgence, influencing the market's growth.
Immune Support Supplements
Recent global events have heightened awareness about the importance of a robust immune system. The Asia Pacific nutritional supplements market is witnessing a surge in demand for products designed to bolster immune health. These supplements often feature ingredients like vitamins, minerals, probiotics, and adaptogens known for their immune-boosting properties.
Segmental Insights
Product Insights
Based on the category of Product, The functional food and beverage sector emerged as the dominant player in the market for 2023, commanding the largest share of overall revenue. This category includes a range of health-focused products such as probiotics, Omega-3 fatty acids, and other bioactive compounds designed to deliver targeted nutritional and physiological benefits. A primary driver of this market's exceptional performance was the escalating demand for probiotics, celebrated for their scientifically backed ability to enhance gut health and mitigate chronic gastrointestinal disorders.
The growing consumer focus on preventive health and wellness significantly fueled the adoption of these functional products. Probiotics, in particular, have seen a surge in popularity due to their association with improving digestive balance, strengthening immunity, and reducing the prevalence of lifestyle-related health issues. This upward trend reflects a broader shift in consumer preferences towards functional, solution-oriented nutrition products that align with modern health-conscious lifestyles. Also, advances in formulation technologies and increased availability across retail and online platforms have further amplified the market reach of functional foods and beverages. Companies within this segment are capitalizing on these dynamics by introducing innovative products and engaging in strategic partnerships to address evolving consumer demands, solidifying the category's dominant market position.
Formulation Insights
Based on the category of Formulation, the powder formulation segment firmly established itself as the market leader in 2023, capturing the largest share of total revenue. This achievement was predominantly driven by the explosive growth of the sports nutrition industry, where a significant portion of products, including protein powders and amino acid supplements, are offered in powdered form. The preference for powders stems from their unique advantages, including superior bioavailability, which ensures faster and more efficient absorption of nutrients. Additionally, the versatility of powder formulations allows manufacturers to cater to diverse consumer preferences by offering an extensive range of flavors and customizable serving sizes, further enhancing their appeal. These features have resonated strongly with athletes, fitness enthusiasts, and health-conscious consumers, who prioritize convenience and performance optimization in their dietary choices.
The category's dominance is also reinforced by advancements in product innovation, such as enhanced solubility and the inclusion of functional ingredients like probiotics and adaptogens, which align with growing consumer interest in holistic health. Distribution strategies have played a crucial role as well, with powder-based products enjoying widespread availability across gyms, health stores, e-commerce platforms, and mainstream retail channels, ensuring accessibility to a broad audience. Strategic branding and marketing efforts, emphasizing the benefits of powder formulations for muscle recovery, energy enhancement, and overall wellness, have further solidified their position. The segment's ability to consistently address evolving consumer demands while delivering tangible benefits underscores its sustained leadership in the market.
Regional Insights
In 2023, China asserted its dominance in the nutritional supplements market within the Asia Pacific region, capturing the largest share of revenue. This was driven by the increasing awareness of health and well-being among Chinese consumers, fueled by factors such as rising incomes and evolving lifestyles. As a result, there has been a growing emphasis on preventive healthcare and the promotion of good health. This has led to a heightened interest in nutritional supplements as a means to complement dietary intake and enhance overall well-being. Furthermore, the aging demographic in China has played a significant role in the surging demand for nutritional supplements. With advancing age, individuals prioritize health management and turn to supplements to address specific health concerns and nutritional deficiencies. The elderly population in China is actively seeking products that can improve their overall well-being and enhance their quality of life.
Key Market Players
Herbalife International of America Inc
Amway Corp
Abbott Laboratories Inc
GNC Holdings LLC
Bayer AG
Sanofi SA
Nestle SA
Pfizer Inc
Mondelez International group.
Science in Sport PLC
Report Scope:
In this report, the Asia Pacific Nutritional Supplements Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Asia Pacific Nutritional Supplements Market, By Product:
o Sports Nutrition
o Dietary Supplements
o Functional Foods & Beverages
Asia Pacific Nutritional Supplements Market, By Formulation:
o Tablets
o Capsules
o Powder
o Softgels
o Liquid
o Others
Asia Pacific Nutritional Supplements Market, By Sales Channel:
o Brick & Mortar
o E-commerce
Asia Pacific Nutritional Supplements Market, By Region:
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Malaysia
o Vietnam
o Singapore
o Thailand
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Asia Pacific Nutritional Supplements Market.
Available Customizations:
Asia Pacific Nutritional Supplements market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Asia Pacific Nutritional Supplements Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Sports Nutrition, Dietary Supplements, Functional Foods & Beverages)
5.2.2. By Formulation (Tablets, Capsules, Powder, Softgels, Liquid, Others)
5.2.3. By Sales Channel (Brick & Mortar, E-commerce)
5.2.4. By Country
5.2.5. By Company (2023)
5.3. Product Market Map
6. China Nutritional Supplements Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Formulation
6.2.3. By Sales Channel
7. India Nutritional Supplements Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Formulation
7.2.3. By Sales Channel
8. Japan Nutritional Supplements Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Formulation
8.2.3. By Sales Channel
9. South Korea Nutritional Supplements Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Formulation
9.2.3. By Sales Channel
10. Australia Nutritional Supplements Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Formulation
10.2.3. By Sales Channel
11. Indonesia Nutritional Supplements Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Product
11.2.2. By Formulation
11.2.3. By Sales Channel
12. Malaysia Nutritional Supplements Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.2. Market Share & Forecast
12.2.1. By Product
12.2.2. By Formulation
12.2.3. By Sales Channel
13. Vietnam Nutritional Supplements Market Outlook
13.1. Market Size & Forecast
13.1.1. By Value
13.2. Market Share & Forecast
13.2.1. By Product
13.2.2. By Formulation
13.2.3. By Sales Channel
14. Singapore Nutritional Supplements Market Outlook
14.1. Market Size & Forecast
14.1.1. By Value
14.2. Market Share & Forecast
14.2.1. By Product
14.2.2. By Formulation
14.2.3. By Sales Channel
15. Thailand Nutritional Supplements Market Outlook
15.1. Market Size & Forecast
15.1.1. By Value
15.2. Market Share & Forecast
15.2.1. By Product
15.2.2. By Formulation
15.2.3. By Sales Channel
16. Market Dynamics
16.1. Drivers
16.2. Challenges
17. Market Trends & Developments
17.1. Recent Development
17.2. Mergers & Acquisitions
17.3. Product Launches
18. Porter's Five Forces Analysis
18.1. Competition in the Industry
18.2. Potential of New Entrants
18.3. Power of Suppliers
18.4. Power of Customers
18.5. Threat of Substitute Products
19. Competitive Landscape
19.1. Herbalife International of America Inc
19.1.1. Business Overview
19.1.2. Product & Service Offerings
19.1.3. Recent Developments
19.1.4. Key Personnel
19.1.5. SWOT Analysis
19.1.6. Financials ( As Reported)
19.2. Amway Corp
19.3. Abbott Laboratories Inc
19.4. GNC Holdings LLC
19.5. Bayer AG
19.6. Sanofi SA
19.7. Nestle SA
19.8. Pfizer Inc
19.9. Mondelez International group.
19.10. Science in Sport PLC
20. Strategic Recommendations
21. About Us & Disclaimer

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE