The global nutritional supplements industry has been growing for several years and continues to expand despite the economic downturn started in the mid of 2007. China is expected to outpace Japan due to the growing interest of its large middle class in nutrition and supplements. In recent years, many Asian countries are going through a transformation in lifestyle, economy and spending habits led by urbanization, resultant more health conscious people. Hong Kong imports most of the health supplements from China, Japan, US, Australia, New Zealand and Europe.
There is tough competition in the Vitamin, Minerals, Supplements (VMS) retail industry due to the fragmented structure of the industry driven by ageing population, increasing concerns of health and rising uninsured population. Sports nutrition and speciality supplements are the two fastest growing segments of the VMS industry and further these segments are offering high growth opportunities, whereas vitamins are leading the market demand and herbs stood at second place in the market.
- The dietary and nutritional supplement market generated USD~ billion sales worldwide in 2010. Multivitamins make up a major portion of this market and grew almost 7.9% through this year (2010). In 2010, Pediatric nutrition market reached to USD~ billion as compared to USD~ billion sales in 2003 and further 4.34% growth is expected through 2012.
- In ASEAN region, the food supplements market was worth about USD~ billion in 2010 and is growing y/y.
- The dietary supplement market in Hong Kong has crossed USD~ billion in 2010, of which vitamins and minerals accounts for the largest percent of the market. Vitamins and minerals sales accounted for USD~ million in 2010 due to continuous rising demand from women and elderly population.
- The nutraceuticals market in India has reached to USD~ billion in 2010 from USD~ billion in a year before and expected to cross USD~ billion in 2012. Large number of uneducated population is a trouble for the industry which might affect future performance of the industry.
- There is a high potential for herbal products in China which brings export opportunities. Calcium is high on demand in the country reached to USD~ billion in 2010 from USD~ billion in 2009.
- Infant milk formula market is one of the strongest segments in the China dairy industry, accounting for USD~ billion with a CAGR of 17.16% (2005-2010) and this growth rate is expected to sustain further despite the melamine crisis in late 2008.
- In Malaysia, the vitamins and dietary supplements market was approximately USD~ million in 2005 grew by CAGR 3.88% USD~ billion in 2010 and its domestic consumption is still highly dependents upon imports.
- Japan is leading the nutritional and dietary supplements market in Asia also third largest player in the global nutritional and dietary supplement market.
Scope of the Research
- The report includes various aspects of the nutritional supplements industry with analysis of Asia Pacific market environment including China, India, Japan, Hong Kong, Malaysia and Singapore.
- It identifies segments offering opportunities and future outlook of the industry which may help the new and existing players to form development strategies.
- The report presents market demand and size trends in respect to past, present and future performance by Geographies.
- Discusses industry players positioning, market share, profile and recent trends which offers scope for the investors.
1.1 Industry Overview
1.2 Distribution Channels
1.3 Market Size: Human Nutrition and Health Industry
2. Industry Segmentation
2.1 Vitamins and Dietary Supplements
2.2 Pediatric Nutrition
2.3 Sports Nutrition Products
3. Asia Nutrition Supplements Industry
3.1 Demand and Trends
3.2 Prospects in Hong Kong
3.2.1 Industry Overview
3.2.2 Nutritional Supplements Demand
3.2.3 Industry Players
3.3 Prospects in India
3.3.1 Nutritional Supplements Demand
4.1 Industry Overview
4.2 Nutritional Supplements Demand
4.2.1 By Segments
4.2.2 Industry Competition
4.3 Dairy Industry in China
4.3.1 Infant Milk Formula Market
4.3.2 Regulatory Environment and Scope for New Entrants
5.1 Industry Overview
5.2 Nutritional Supplements Demand
5.3 Regulatory Structure
6.1 Market Demand
6.2 By Industry Segments
7. Industry Developments
7.1 Opportunity in Asian and African Markets
7.2 Private Label Vitamins-Economical Way of Healthy Lifestyle
7.3 Rise of Vitamin C Prices
7.4 The Indian Herbal Industry-Demand and Opportunities
7.5 Developing Dietary supplements Market in Taiwan
8. Industry Driving Factors
8.1Growing Elderly Population
8.2 Rising Per Capita Income
8.3 Favouring Disposable Income in Developing Countries
8.4 Health Problems Leading Demand for Medical Treatment
9. Players Profiling
9.1 Atrium Innovations
9.1.1 Business Description
9.1.2 Key Financials
9.1.3 Major Developments
9.2 NBTY Inc.
9.2.1 Business Description
9.2.2 Key Financials
9.2.3 Major Developments
9.3 Glanbia Plc.
9.3.1 Company Overview
9.3.2 Key Financials
9.3.3 Major Developments
LIST OF FIGURES
Figure 1: Value Chain Analysis
Figure 2: Nutritional Supplements Market Worldwide (2002-2010)
Figure 3: Global Supplement Industry Sales by Region in 2008
Figure 4: Global Vitamins and Dietary Supplements Industry Segments in 2010
Figure 5: Global Pediatric Nutrition Industry (2003-2012E)
Figure 6: Global Pediatric Nutrition Market by Geography in 2009
Figure 7: Global Sports Nutrition Supplements Market (2007-2009)
Figure 8: Hong Kong Vitamins and Minerals Sales and Forecast (2003-2012E)
Figure 9: Top Industry Players Market Share in Hong Kong in 2010 (%)
Figure 10: India Nutraceuticals Demand and forecast by Value (2009, ‘10 & ‘12E)
Figure 11: China Nutritional Supplements Consumption and Forecast by Value (2009-2013E)
Figure 12: Nutrition Supplement Purchase Behaviour in 2009
Figure 13: China Amino-based Nutritional Supplement Market (2003-2010)
Figure 14: Top Categories in Nutraceutical Industry in China by Value (2010)
Figure 15: China Dairy Market Size (2004-2010)
Figure 16: China Infant Milk Formula Market and Forecast by Value (2005-2014E)
Figure 17: Number of Amino-based Nutritional Supplements Approved by the SFDA (2003-2009)
Figure 18: Malaysia Vitamins and Dietary Supplements Market and Forecast (2005-2012E)
Figure 19: Japan Nutraceuticals Demand and Forecast by value (2005-2012E)
Figure 20: Japan Vitamins and Dietary Supplements Demand by Value (2006-2012E)
Figure 21: Singapore Resident Population by Selected Age Groups, as of June 2009 (%)
Figure 22: Urban per capita Disposable Income in China (1998-2009)
Figure 23: Atrium Innovations Revenues (2005-2009)
Figure 24: NBTY Inc, Third Quarter 2010 Results
Figure 25: NBTY Net Sales (2005-2009)
LIST OF TABLES
Table 1: Main Vitamins and Uses/Applications
Table 2: Indian Herbal Industry Market by Value (2009&2015E)
Table 3: Glanbia Revenues by Business Segments (2008&2009)