Rising Demand for Infant Products coupled with Market Players launching Novel Products in this Category to Drive Nutraceuticals Market in Vietnam: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit High Presence of Geriatric, Obese, and Undernourished Population in the Country to Drive Nutraceuticals Market in Vietnam In accordance with Vietnam’s culture and with the growing standard of living, parents are becoming more concerned about their child’s growth and nutrition and are willing to spend any amount of significant money over necessity products for babies. Features or characteristics such as brand name, quality of the product and packaging for safety issues are given a priority over the price of product. Baby food generally comes under the category of pediatric nutrition. It has been witnessed that 7.0% of infants are born with low birth weight leading to increase in supplementation for undernourishment among infants. In addition, Vietnam has achieved high rates of supplementation for Vitamin A deficiency among children between 6 to 59 months of age. The NIN, (National Institute of Nutrition in Vietnam) produces two products namely a multi-nutrient powder and a ready-to-use supplementary food adapted to local taste among the Vietnamese population. Both of these products cater to the needs of pregnant and lactating women, infants, and young children, thus improving the status of Vietnam nutraceuticals sector. The trend has also resulted in high sales of the domestic as well as imported products in Vietnam. A dairy company in Binh Duong Province near Ho Chi Minh City imports formula at VND119,000 for a 900-gram can, and sells at VND308,000, which clearly explains the high demand and margin involved in the infant products in Vietnam. The revenues of Vietnam nutraceuticals market are observed to continuously increase at a steady pace during the historical period. Health and wellness trends in Vietnam acted as major driver for the nutraceuticals market in the country. The rising awareness and knowledge about health and fitness is one of the major drivers for nutraceuticals market in Vietnam. The Vietnamese population strongly believes that diet has a major role to play in health aspects. Increase in the purchasing power has also helped the Vietnamese population in spending high amount towards good quality nutritional supplements in order to adopt a healthy living lifestyle. The report titled “Vietnam Nutraceuticals Market Outlook to 2021 – Rising Demand For Infant Products and Probiotic Supplements to Foster Future Growth” by Ken Research suggested that nutraceuticals market in Vietnam would showcase high growth during the forecast period with a rising standard of living and health consciousness among the Vietnamese population. They believe nutraceuticals products provide good health benefits. The growing investments by the international players like Amway and Yakult Honsha are expected to further increase the awareness about the nutraceuticals in the market, which would fuel the market during the forecast period. Moreover, the growing number of domestic players in the market is further expected to accentuate the growth during the forecast year. Companies such as TH Group and Vietnam Food are continuously engaged in developing new and innovative products for the market. Topics Covered in The Report Vietnam Vitamin Supplement Market Vietnam Functional Food Industry Vietnam Functional Beverage Market Vietnam Nutraceutical Market Vitamins and Dietary Supplements in Vietnam Nutritional Supplement Drinks Vietnam vitamins and supplements industry Vietnam Imported Nutraceutical Products Vietnam Herbal Supplements Market in Vietnam Omega 3 Fatty Acid Industry Size in Vietnam Protein and Amino Acid Supplements Sales in Vietnam Ginseng Sales in Vietnam Amway Share in Vietnam Tiens Nutritional Supplements in Vietnam To know more, click on the link below https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Amway Share in Vietnam, Ginseng Sales in Vietnam, Herbal Supplements Market in Vietnam, Imported Nutraceutical Products Vietnam, Nutritional Supplement Drinks Vietnam, Omega 3 Fatty Acid Industry Size in Vietnam, Protein and Amino Acid Supplements Sales in Vietnam, Tiens Nutritional Supplements in Vietnam, Vietnam Functional Beverage Market, Vietnam Functional Food Industry, Vietnam Nutraceutical Market, Vietnam Vitamin Supplement Market, Vitamins and Dietary Supplements in Vietnam, vitamins and supplements industry Vietnam