Asia-Pacific Nutritional Supplement Market Size, Research $ Analysis

1
Asia-Pacific Nutritional Supplement Market to be
Propelled by Growth in a Health-Conscious
Society and the Rapid and Steady Increase in the
Geriatric Population by CAGR of 6 During 2023
2033 Kenneth Research published a report titled
Asia-Pacific Nutritional Supplement Market
Demand Analysis Opportunity Outlook 2033 which
delivers detailed overview of the Asia-Pacific
nutritional supplement market in terms of market
segmentation by product type, consumer group,
application, formulation, and gender. Further,
for the in-depth analysis, the report encompasses
the industry growth indicators, restraints,
supply and demand risk, along with detailed
discussion on current and future market trends
that are associated with the growth of the market.
The Asia-Pacific nutritional supplement market is
expected to hold a revenue of USD 241 billion
by 2033, growing from USD 140 billion in 2022.
The market growth can be attributed to the
growth of health consciousness among the
Asia-Pacific population, the rapid growth of the
geriatric population, the large Gross Domestic
Product (GDP) per capita income, the growth of
fitness and health clubs, and the unsettling
presence of chronic diseases.
2
For more descriptions_at_https//www.kennethresearch.
com/report-details/asia-pacific-
nutritional-supplement-/10009686 The Asia-Pacific
nutritional supplement market is expected to grow
at a CAGR of approximately 6 from 2023-2033.
The market is segmented by consumer types into
infants, children, adults, pregnant, and
geriatric. Of these, the adult segment is
anticipated to hold the largest market share by
the end of 2033, owing to the concerning
susceptibility to chronic diseases and the
growing preference for healthy lifestyles with
growing health consciousness. Spiking Health
Consciousness in the Region to Boost the Market
Growth As of 2021, about 55 of consumers in the
Asia Pacific were estimated to be proactive
about health and wellness. The willingness of the
Asia Pacific consumers to spend on food products
without preservatives, which ensure specific
benefits, protection, hygiene, and
sustainability, is thought to increase the demand
for vitamins and dietary supplements in the Asia
Pacific. Growing Presence of Geriatric
Population to Boost the Market Growth It is
predicted that the older population in the Asia
Pacific should amount to more than 1 billion by
2050. The increased need for nutrients and
minerals in older people and many doctors and
dietitians prescribing nutritional supplements to
their patients is thought to bring demand for
vitamins and dietary supplements in the Asia
Pacific. However, highly varying regulations for
the manufacturing of nutritional supplements
across the region and the side effect caused to
people taking certain medicines or suffering
from particular medical conditions are expected
to operate as key restraints to the growth of
the Asia-Pacific nutritional supplement market
over the forecast period. This report also
provides the existing competitive scenario of
some of the key players of the Asia-Pacific
nutritional supplement market which includes
company profiling of Nestlé, Abbott, Herbalife
International of America, Inc., Amway Corp.,
GlaxoSmithKline plc, Dabur India Limited, Cipla
Inc., Glanbia Nutritionals Inc, Pfizer Inc.,
Himalaya Wellness Company, and others. The
profiling enfolds key information of the companies
3
which encompasses business overview, products and
services, key financials and recent news and
developments. On the whole, the report depicts
detailed overview of the Asia- Pacific
nutritional supplement market that will help
industry consultants, equipment manufacturers,
existing players searching for expansion
opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request Report Sample_at_https//www.kennethr
esearch.com/sample-request- 10009686 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
U.S. Phone [phone]