Albany, NY -- (SBWire) -- 06/27/2017 --The Asia Pacific nutraceuticals product market is growing on account of the growth in dietary supplements and functional food segments. Asia Pacific nutraceuticals dietary supplement market will have high growth rate during the forecast period (from 2012 to 2017). The growth thrust for Asia Pacific nutraceuticals dietary supplements market will primarily come from Herbals and Vitamins and Mineral product segments. Moreover, the dietary supplement segment of the Asia Pacific Nutriceuticals market will continue to enjoy largest share of revenue among all product categories during the forecast period. Functional food will be the second largest product category of Asia Pacific nutraceuticals market during 2012 – 2017. The functional beverage market is expected to witness steady increase in growth rate during 2012-2017 due to improvement in adoption of healthy drink products among consumers.
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Japan is the largest consumer of nutraceuticals products in the region followed by China at the second place. The Japan and China nutraceutical market is expected to have respective market share of 54.8% and 39.5% of the Asia Pacific nutraceuticals market in 2017. The Indian nutraceuticals market will continue to grow at high growth rate during the forecast period. People in India are gradually generating preference for nutraceutical products as an alternative for pharmaceutical medicines. The lifestyle of Indians is also changing and they are gradually becoming more aware about natural supplements and the benefits they provide for good health. Hence, dietary supplements market will have high growth rate in India whereas functional food will have a relatively slow growth during 2012 - 2017.
This report provides a holistic view to the Asia Pacific nutraceuticals product market with 11 year stretch of market data & forecast, based on following segmentations:
Functional Food
Probiotics Fortified Food
Omega Fatty Acid Fortified Food
Branded Ionized Salt
Branded Wheat Flour Market
Other functional food
Functional Beverages
Fruit & Vegetable Juices and Drinks
Dairy & Dairy Alternative Drinks
Noncarbonated Drinks
Other functional beverages
Dietary Supplements Segment
Proteins & Peptides
Vitamins & Minerals
Herbals
Non-Herbals
Other Market
Countries Covered
China
India
Japan
Australia
South Korea
Taiwan
Indonesia
Thailand
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Nutraceuticals Product Market Asia Pacific Market Country Analysis and Forecasts
Asia Pacific nutraceuticals dietary supplement market will have high growth rate during the forecast period