Asia Pacific Dietary Supplements Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Vitamins, Minerals, Proteins and Amino Acids, Probiotics, Blends, and Others), Form (Tablets, Capsules and Softgels, Powders, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Code: TIPRE00027455 | Pages: 126 | Industry: Food and Beverages | Date: Mar 2022 | Type: Regional

The APAC dietary supplements market is expected to grow from US$ 91,191.59 million in 2021 to US$ 1,40,493.28 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.

 

The vegan population in has reported a constant increase over the past few years. Preventing the exploitation of animals and the environment is why consumers have begun to prefer veganism, increasing the demand for plant-based dietary supplements in the market. The market for plant protein components is rapidly expanding as consumers are shifting away from animal proteins. This is likely to change customers’ preferences toward plant-based herbal supplements and botanicals, offering even more potential for the growth of herbal supplements in the dietary supplements sector. Further, consumer preferences are shifting toward botanical extracts due to their increasing desire for clean-label products, rising concerns about sustainability, and an urgent need to avoid allergens. The demographic for these herbal supplements is transitioning from vegans to flexitarians, indicating changes in customer inclinations. Highly concerned about animal cruelty and environmental sustainability, consumers are encouraged to switch to plant-based diets. The changing consumer perception that plant-based products are safer and healthier than animal-derived products is driving the demand for plant-based dietary supplements. The growing trend of veganism is driving manufacturers to launch new products. The preference for plant-based herbal supplements is giving rise to several key trends that are expected to influence the growth of the APAC dietary supplements market in the coming years.

 

In case of COVID-19, APAC is highly affected specially India. The COVID-19 pandemic is anticipated to cause a significant economic loss in APAC. The emergence of new COVID-19 waves in India and other Asian economies has prolonged the effect of pandemics upon GDP. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of APAC. However, the dietary supplements market is expected to witness an increase in the dietary supplements market as these supplements are beneficial in boosting the immune system. In addition, investment by existing players along with penetration of new players to tap the prevailing opportunities as well as cater to soaring demand for natural, healthy, clean-label products in post-pandemic times.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC dietary supplements market. The APAC dietary supplements market is expected to grow at a good CAGR during the forecast period. 

 

APAC Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)    

 

APAC Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)    

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APAC Dietary Supplements Market Segmentation           

APAC Dietary Supplements Market – By Type

  • Vitamins
  • Minerals
  • Proteins and Amino Acids
  • Probiotics
  • Blends
  • Others

APAC Dietary Supplements Market – By Form

  • Tablets
  • Capsules and Softgels
  • Powders
  • Others

APAC Dietary Supplements Market – By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

APAC Dietary Supplements Market, by Country

  • China
  • Japan
  • India
  • South Korea    
  • Australia
  • Rest of APAC

APAC Dietary Supplements Market - Companies Mentioned

  • Abbott
  • Amway Corp.
  • Bayer AG
  • Bionova
  • GlaxoSmithKline plc. 
  • Otsuka Holdings Co., Ltd
  • Pfizer Inc. 
  • The Bountiful Company

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis Formulation:

3.2.4        Macro-economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

3.2.7        Country Level Data:

4.           APAC Dietary Supplements Market Landscape

4.1         Market Overview

4.2         APAC PEST Analysis

4.3         Expert Opinion

5.           APAC Dietary Supplements Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Awareness and Popularity of Dietary Supplements

5.1.2        Surging Healthcare Expenditure

5.2         Market Restraints

5.2.1        Presence of Counterfeit Products

5.3         Market Opportunities

5.3.1        Surging Product Innovation

5.4         Future Trends

5.4.1        Preference for Plant-Based Dietary Supplements

5.5         Impact Analysis of Drivers and Restraints

6.           Dietary Supplements Market – APAC Analysis

6.1         APAC Dietary Supplements Market Overview

6.2         APAC Dietary Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.           APAC Dietary Supplements Market Analysis – By Type

7.1         Overview

7.2         APAC Dietary Supplements Market, by Type (2020 & 2028)

7.3         Vitamins

7.3.1        Overview

7.3.2        Vitamins: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.4         Minerals

7.4.1        Overview

7.4.2        Minerals: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.5         Proteins and Amino Acids

7.5.1        Overview

7.5.2        Proteins and Amino Acids: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.6         Probiotics

7.6.1        Overview

7.6.2        Probiotics: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.7         Blends

7.7.1        Overview

7.7.2        Blends: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.           APAC Dietary Supplements Market Analysis - By Form

8.1         Overview

8.2         APAC Dietary Supplements Market, by Form (2020 & 2028)

8.3         Tablets

8.3.1        Overview

8.3.2        Tablets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.4         Capsules and Softgels

8.4.1        Overview

8.4.2        Capsules and Softgels: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.5         Powders

8.5.1        Overview

8.5.2        Powders: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

9.           APAC Dietary Supplements Market Analysis - By Distribution Channel

9.1         Overview

9.2         APAC Dietary Supplements Market, by Distribution Channel (2020 & 2028)

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

9.4         Specialty Stores

9.4.1        Overview

9.4.2        Specialty Stores: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

9.5         Online Retail

9.5.1        Overview

9.5.2        Online Retail: Dietary Supplements Market Revenue and forecast to 2028 (US$ million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

10.        APAC Dietary Supplements Market– Country Analysis

10.1      Overview

10.1.1     APAC: Dietary Supplements Market, by Key Country

10.1.1.1       China: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.1.1       China: Dietary Supplements Market, by Type

10.1.1.1.2       China: Dietary Supplements Market, by Form

10.1.1.1.3       China: Dietary Supplements Market, by Distribution Channel

10.1.1.2       Japan: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.2.1       Japan: Dietary Supplements Market, by Type

10.1.1.2.2       Japan: Dietary Supplements Market, by Form

10.1.1.2.3       Japan: Dietary Supplements Market, by Distribution Channel

10.1.1.3       India: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.3.1       India: Dietary Supplements Market, by Type

10.1.1.3.2       India: Dietary Supplements Market, by Form

10.1.1.3.3       India: Dietary Supplements Market, by Distribution Channel

10.1.1.4       South Korea: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.4.1       South Korea: Dietary Supplements Market, by Type

10.1.1.4.2       South Korea: Dietary Supplements Market, by Form

10.1.1.4.3       South Korea: Dietary Supplements Market, by Distribution Channel

10.1.1.5       Australia: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.5.1       Australia: Dietary Supplements Market, by Type

10.1.1.5.2       Australia: Dietary Supplements Market, by Form

10.1.1.5.3       Australia: Dietary Supplements Market, by Distribution Channel

10.1.1.6       Rest of APAC: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.6.1       Rest of APAC: Dietary Supplements Market, by Type

10.1.1.6.2       Rest of APAC: Dietary Supplements Market, by Form

10.1.1.6.3       Rest of APAC: Dietary Supplements Market, by Distribution Channel

11.        Impact of COVID-19 Pandemic on APAC Dietary Supplements Market

11.1      APAC: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Product Launch

12.3      Joint Venture

12.4      Mergers & Acquisition

12.5      Partnership

13.        Company Profiles

13.1      Abbott

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Amway Corp.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Bayer AG

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Bionova

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Pfizer Inc.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Otsuka Holdings Co., Ltd

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      GlaxoSmithKline plc.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      The Bountiful Company

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             APAC Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             China Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             China Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 4.             China Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 5.             Japan Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Japan Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 7.             Japan Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 8.             India Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             India Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 10.          India Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          South Korea Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 13.          South Korea Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 14.          Australia Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Australia Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 16.          Australia Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of APAC Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of APAC Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of APAC Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 20.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           APAC Dietary Supplements Market Segmentation

Figure 2.           APAC Dietary Supplements Market Segmentation – By Country

Figure 3.           APAC Dietary Supplements Market Overview

Figure 4.           APAC Dietary Supplements Market, By Type

Figure 5.           APAC Dietary Supplements Market, By Country

Figure 6.           APAC: PEST Analysis

Figure 7.           Expert Opinion

Figure 8.           APAC Dietary Supplements Market Impact Analysis of Drivers and Restraints

Figure 9.           APAC: Dietary Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        APAC Dietary Supplements Market, by Type (2020 & 2028)

Figure 11.        APAC Vitamins: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 12.        APAC Minerals: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Proteins and Amino Acids: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        APAC Probiotics: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Blends: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        APAC Dietary Supplements Market, by Distribution Channel (2020 & 2028)

Figure 18.        APAC Tablets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC Capsules and Softgels: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        APAC Powders: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        APAC Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        APAC Dietary Supplements Market, by Distribution Channel (2020 & 2028)

Figure 23.        APAC Supermarkets and Hypermarkets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        APAC Specialty Stores: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        APAC Online Retail: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        APAC Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        APAC: Dietary Supplements Market, by Key Country – Revenue (2020) (US$ Million)

Figure 28.        APAC: Dietary Supplements Market Revenue Share, by Key Country (2020 and 2028)

Figure 29.        China: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Japan: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        India: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        South Korea: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Australia: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Rest of APAC: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Impact of COVID-19 Pandemic in APAC

 

  1. Abbott
  2. Amway Corp.
  3. Bayer AG
  4. Bionova
  5. GlaxoSmithKline plc. 
  6. Otsuka Holdings Co., Ltd
  7. Pfizer Inc.
  8. The Bountiful Company
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