Title: Technology to Proliferate Malaysia Health and Wellness Market: Ken Research
1Technology to Proliferate Malaysia Health and
Wellness Market Ken Research
2Malaysia's wellness and fitness industry is the
highest revenue earner for the country and has a
significant place in the everyday life of the
Malaysians. It is observed that Malaysia has
captured the wellness and fitness market by
developing wellness tourism along with medical
tourism which includes Malaysia Urban Retreat
Festival (Murfest), yoga, spiritual retreats and
fitness weeks.
3- Malaysians are attaining health and well being
through physical, psychological or spiritual
activities which has become an international
trend among health-conscious people. Fit Malaysia
is a brand program that encourages Malaysians to
adopt healthy lifestyles, excel in sports and
incorporates the mental aspect in consumers.
Fitness is not just about physical sports,
running, cardio, boxing, self-defence or cycling,
but also about mind-body wellness. Fly yoga or
aerial yoga are new forms of exercises that makes
use of hammocks and is a popular program in Fit
Malaysia event. - According to the report, Health and Wellness in
Malaysia, the rise in the aging population in
Malaysia is the major factor influencing the
wellness and fitness market. Products related to
age-related disorders such as digestive system,
and products related to maintain blood sugar
levels are of great demand. Probiotic products
contribute to the
4health and wellness market growth in Malaysia
which are used as a substitute for growth
promoters and antibiotics. The leading companies
in prebiotic products are Yakult Honsha and Chr.
Hansen which developed patented strains of
microorganisms (probiotics) advantageous to human
health. The vitamins and dietary supplements
include weight management products, herbal and
traditional products. The health supplement
market in Malaysia involves international and
regional vendors with quality and affordable
pricing for consumers. The international
competitors in Malaysia have inorganically
acquired the regional or local competitors. The
leading competitors in the health and wellness
market are Amway, CCM, Cosway, Herbalceutical,
Herbalife, Astana Biocare, Bioalpha, Dynapham
Herbal, Era Herbal, QD Herbs, and White Heron
Pharmaceuticals. The Malaysian population is
increasing steadily demanding for more health and
wellness products.
5- The next trillion dollar industry is the global
health and wellness market considering the wealth
of applications and products available in the
market. The global health and wellness market
incorporates a variety of industries such as
nutraceuticals, cosmeceuticals, healthy eating,
nutrition, weight loss, complementary and
alternative medicine, preventative and
personalized health, and beauty and anti-aging
products have increased in leaps and bounds. The
popular three trends in the health and wellness
global market are athleisure, boutique fitness,
and organic diet. - The global nutraceutical products in health and
wellness market are categorised into functional
foods, functional beverages, and dietary
supplements. Cosmeceuticals market is again
categorised into cosmeceutical ingredients,
cosmeceutical products, and cosmeceutical sales.
The market is driven by increasing health
awareness and availability of health and wellness
products. There is
6a great demand for healthcare devices such as
exercise equipment, organic foods, and
supplementary diets in the health and wellness
market. The leading players in the global health
and wellness market are Philips Healthcare,
Abbott Laboratories, LifeScan, Inc., B. Braun
Melsungen AG, Animas Corporation, LOréal,
Johnson Johnson, Nestle S.A., General Mills,
Inc., Coca-Cola, Omron Healthcare, F. Hoffmann-La
Roche, and Medtronic, Inc. Majority of
Malaysians are suffering from stress related
diseases which has stemmed from rising stress
levels at work. Considering the serious
implications of stress at the workplace,
Malaysian organizations have considered the work
related stress and psychosocial risks as part of
their safety and health strategy. Managing stress
at work has created a healthy work environment
with more positive business performances that
have improved drastically as the employees turned
more productive.
7- The segregation and analysis of the health and
wellness market includes fitness equipment,
preventive, personalized health, wellness
tourism, beauty and personal care products,
health and wellness foods. With the growing
population and realisation of the importance of
healthy products, there will be a growing demand
for more and more health and wellness products in
the coming years that will further assist in
market expansion. - Key Topics Covered in the Report
- Malaysia Health Industry Future Outlook
- Malaysia Health and Wellness Industry Trends
- Malaysia Organic Products Market Analysis
- Malaysia Competitors for Fortified Goods
- Malaysia Fresh Vegetables Market Growth
Opportunities - Malaysia Packaged Food Market Trends
- Malaysia Energy Drinks Market Demand
8- Malaysia Herbal Products Market Demand
- Malaysia Healthy Foods Market Revenue
- Malaysia Healthy Beverages Market Analysis
- Global Health and Wellness Market Research Report
- To know more about the research report
- https//www.kenresearch.com/food-beverage-and-toba
cco/non-alcoholic-beverages/health-wellness-malays
ia/127200-11.html - Related reports
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9Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204