Southeast Asia Dietary Supplements Market Report and Forecast 2024-2032
Market Report I 2024-01-03 I 160 Pages I EMR Inc.
Southeast Asia Dietary Supplements Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Southeast Asia dietary supplements market is projected to grow at a CAGR of 7.80% between 2024 and 2032. Aided by the consumer preference for wellness-focused products and the rising need for nutritional supplementation among the older population, the market is expected to grow significantly by 2032.
Dietary supplements comprise a wide variety of products intended to supplement the diet and provide nutrients, including vitamins, minerals, fibre, fatty acids, or amino acids. They come in various forms, such as tablets, capsules, powders, and liquids, and they play an essential role in maintaining overall health, boosting immunity, and preventing diseases. Apart from their health benefits, dietary supplements are increasingly viewed as a vital part of balanced nutrition, contributing to their widespread use.
The growing consumer interest in health and wellness is a significant driver of the Southeast Asia dietary supplements market growth. With the increasing awareness of the health benefits associated with regular consumption of dietary supplements, there has been a substantial shift towards a more health-conscious lifestyle. This trend has resulted in a surge in demand for dietary supplements across the region. The increasing ageing population and rising health concerns amongst millennials and the younger generation are further fuelling this trend.
The broadening applications of dietary supplements across different demographics are also contributing to the market expansion. For example, in the sports and fitness industry, dietary supplements are used to enhance performance, recovery, and muscle growth. For older adults, certain dietary supplements can support bone health, boost immunity, and improve overall wellness. The increasing consumer awareness about these benefits is propelling the market growth.
Additionally, the expanding distribution channels, including e-commerce, are providing an impetus to Southeast Asia dietary supplements market outlook. The ease of online shopping, coupled with a wider range of product availability, has led to an increase in online sales of dietary supplements. As internet penetration continues to increase in Southeast Asia, the online dietary supplements market is expected to grow rapidly.
Moreover, the rising prevalence of lifestyle diseases and increasing healthcare costs have led to a heightened focus on preventative healthcare, thereby augmenting the Southeast Asia dietary supplements market demand. The growing middle-class population and improving disposable incomes in the region also support market expansion.
Market Segmentation
The market can be divided based on type, form, and country.
Market Breakup by Type
- Vitamins
- Minerals
- Enzymes
- Fatty Acids
- Proteins
- Others
Market Breakup by Form
- Tablets and Capsules
- Powders
- Liquids
Market Breakup by Country
- Indonesia
- Singapore
- Vietnam
- Thailand
- Malaysia
- Philippines
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Southeast Asia dietary supplements market. Some of the major players explored in the report by Expert Market Research are as follows:
- Abbott Nutrition
- Nestle S.A.
- Glanbia plc
- PT. Indopasifik Teknologi Medika Indonesia
- PT Kalbe Farma Tbk
- GlaxoSmithKline plc.
- Nu Skin Enterprises Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Dietary Supplements Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Dietary Supplements Historical Market (2018-2023)
8.3 Asia Pacific Dietary Supplements Market Forecast (2024-2032)
9 Southeast Asia Dietary Supplements Market Overview
9.1 Key Industry Highlights
9.2 Southeast Asia Dietary Supplements Historical Market (2018-2023)
9.3 Southeast Asia Dietary Supplements Market Forecast (2024-2032)
10 Southeast Asia Dietary Supplements Market by Type
10.1 Vitamins
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Minerals
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Enzymes
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Fatty Acids
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Proteins
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Southeast Asia Dietary Supplements Market by Form
11.1 Tablets and Capsules
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Powders
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Liquids
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Southeast Asia Dietary Supplements Market by Country
12.1 Indonesia
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Singapore
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Vietnam
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Thailand
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Malaysia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Philippines
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyer's Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Abbott Nutrition
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Nestle S.A.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Glanbia plc
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 PT. Indopasifik Teknologi Medika Indonesia
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 PT Kalbe Farma Tbk
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 GlaxoSmithKline plc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Nu Skin Enterprises Inc.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Asia Pacific Dietary Supplements Market: Key Industry Highlights, 2018 and 2032
2. Southeast Asia Dietary Supplements Market: Key Industry Highlights, 2018 and 2032
3. Southeast Asia Dietary Supplements Historical Market: Breakup by Type (USD Million), 2018-2023
4. Southeast Asia Dietary Supplements Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Southeast Asia Dietary Supplements Historical Market: Breakup by Form (USD Million), 2018-2023
6. Southeast Asia Dietary Supplements Market Forecast: Breakup by Form (USD Million), 2024-2032
7. Southeast Asia Dietary Supplements Historical Market: Breakup by Country (USD Million), 2018-2023
8. Southeast Asia Dietary Supplements Market Forecast: Breakup by Country (USD Million), 2024-2032
9. Southeast Asia Dietary Supplements Market Structure
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