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How is Japan Nutraceuticals Market Positioned?

Posted on 10 July 2017 by KenResearch Healthcare ,

Japan nutraceuticals market has showcased steady growth in between 2011 and 2016 with recorded CAGR of ~% and revenues worth USD ~ million and USD ~ million in years 2011 and 2016 respectively. High demand for beauty and weight loss supplements in Japan acted as major driver for the nutraceuticals market in the country. The fact that Japanese people have been most health, beauty and body conscious in the world with an estimated average annual spending of USD ~ per household for health fortification purposes in 2012 helped nutraceuticals market players generate high revenue from the segment. Owing to the trend, the market has witnessed an increase in beauty supplements that range from whitening tablets to collagen drinks with honeysuckle such as DHC Collagen Powder, Brand’s Innershine Ruby Collagen essence Strips, Orbis collagen the beauty and Jelly and others over the years.

By Dietary Supplements, and Functional Foods and Beverages: Functional foods and beverages dominated the Japan nutraceuticals market with revenue share of ~% in 2011 and ~% in 2016. Supplements which have been observed to be consumed during old age have been observed to dominate the entire market owing to presence of increased geriatric population in Japan. Geriatric population is observed to consume functional foods and beverages at extensive rates.

By Distribution Channel: Mass merchandiser including supermarkets and hypermarkets holds the largest share in the distribution of nutraceuticals in Japan since the pharmacies and convenience stores principally accommodate only best selling products due to the limited selling spaces. Convenience stores (called Combini in Japan) accounted to a share of ~% in the distribution channels of nutraceuticals in Japan in 2016. .  Other major distribution channels include pharmacies, door-to-door sales, and mail orders.

Source: https://www.kenresearch.com/healthcare/pharmaceuticals/japan-nutritional-supplements-market/123731-91.html

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Elevating Demand for Beauty and Weight Loss Supplements Coupled with Economic Stability to Purchase Expensive Nutraceuticals to Drive Nutraceuticals Market in Japan: Ken Research

Posted on 04 July 2017 by KenResearch Healthcare ,

The demand for beauty and weight loss supplements has been increasing over the years owing to the large number of target audience including people who have little time to eat healthy or spend time in exercising at a gym. Japan is considered as a health, beauty and body conscious society. Moreover, people are observed to be concerned for their weight also with obesity rate owing to perception being thin is beautiful among Japanese people. Economic stability and awareness among people has consequently resulted in increased demand for supplements for weight loss majorly amino acids supplements and lipoic acid supplements containing ingredients like alpha lipoic acid, L-carnitine, Garcinia cambogia, soy protein, fish collagen, L-arabinose, yeast alpha-mannan and konjac glucomannan.

Moreover, increasing interest of males towards the beauty supplements in Japan is also expected to fuel the nutraceuticals market in Japan by 2020. Beauty supplements rectify skin issues which lead to tissue formation. These are absorbed into the bloodstream where nutrients get deliver to skin, eyes, nails, hair and other parts of the body. These supplements are very popular amongst the Japanese which range from whitening tablets to collagen drinks with honeysuckle.

Japan nutraceuticals market has showcased steady growth in between 2011 and 2016 owing to increased demand for beauty and weight loss supplements in Japan. The fact that Japanese people have been most health, beauty and body conscious in the world with an estimated average annual spending of USD 155.8 per household for health fortification purposes in 2012 helped nutraceuticals market players generate high revenue from the segment. Owing to the trend, the market has witnessed an increase in beauty supplements that range from whitening tablets to collagen drinks with honeysuckle such as DHC Collagen Powder, Brand’s Innershine Ruby Collagen essence Strips, Orbis collagen the beauty and Jelly and others over the years.

The report titled Japan Nutraceuticals Market Outlook to 2021 - Aging Population leading to Increase in Prevalence of Chronic Diseases to Foster Future Growthby Ken Research suggested that nutraceuticals market in Japan would showcase a steady growth during the forecast period. Economic stability to purchase expensive nutraceuticals will act as major driver for the market.

Source: https://www.kenresearch.com/healthcare/pharmaceuticals/japan-nutritional-supplements-market/123731-91.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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Rising Prevalence of Chronic Diseases coupled with Increased use of Supplements for Well-being to Foster Growth of Australia Nutraceuticals Market: Ken Research

Posted on 27 June 2017 by KenResearch Healthcare ,

  • Blackmores is observed to dominate Australia Nutraceuticals market followed by Pharmacare and Vitaco in 2016.
  • By distribution channel, pharmacies dominated the Australia nutraceuticals market in year 2016
  • Health benefit (immunity, nutrition, general well being) segment dominated the functional food and beverages market segment in Australia.
  • Omega 3 fatty acids are expected to drive the dietary supplements market in Australia 

Rising prevalence of chronic diseases in the country was the major factor driving nutraceuticals market in Australia. It has been observed that in 2014 approximately 24.0% of Australian adults were suffering with chronic health condition and used nutritional supplements for the treatment and management of the conditions such as arthritis, cancer, diabetes, osteoporosis, depression, age-related muscular degeneration and others. High prevalence of these diseases owing to high incident rate of obesity and diabetes is the major factor responsible for high demand for nutraceuticals in the country. Osteoporosis affected 2.2 million Australians in 2015 which is due to reduced intake of calcium and vitamin-D supplements and the same reason has resulted in increased demand for calcium and Vitamin-D supplements. Similarly, people were observed to consume nutraceuticals for cardiovascular diseases and it was recorded that the risk of hospitalization for a cardiovascular disease-related problem reduced by 4.2% in 2016 in Australia when people aged over 55 with cardiovascular disease took omega-3 fatty acids in preventative doses. The patients in Australia are also observed to consume high amount of nutraceuticals for losing weight as a fight against obesity, which is a major reason for various diseases.

Ken Research in its latest study, Australia Nutraceuticals Market Outlook to 2021 suggested vitamins and minerals in dietary supplements segment will continue to dominate the market during the forecast period. Rising preval­­ence of osteoporosis among geriatric population in the country is observed as the major reason behind the dominating share of the segment.

Australia nutraceuticals market is likely to showcase growth at a rapid pace during the forecasted period. The demand for supplements pertaining to well-being in Australia is anticipated to be high especially in the sport supplement section. The fastest growing segment has been protein bar while protein powders are expected to record increased sales.

The report provided information on market size for Australia nutraceuticals market, Australia nutraceuticals market segmentations on the bases of dietary supplements, functional food & beverages and distribution channels, regulatory landscape, import and export scenario, trends and developments and competitive landscape.

 

 Source: https://www.kenresearch.com/healthcare/pharmaceuticals/australia-nutraceuticals-market-report/121465-91.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249`

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