Press Release

Asia Pacific Nutritional Supplements Market to Grow with a CAGR of 5.71% through 2029

Modern wellness approaches and a shift towards preventive healthcare is expected to drive the Asia Pacific Nutritional Supplements Market growth in the forecast period, 2025-2029

 

According to TechSci Research report, “Asia Pacific Nutritional Supplements Market – By Country, Competition, Forecast & Opportunities, 2029F”, the Asia Pacific Nutritional Supplements Market stood at USD 149.32 billion in 2023 and is anticipated to grow with a CAGR of 5.71% in the forecast period, 2025-2029.

Product innovation plays a central role in driving growth within the nutritional supplements market, particularly in the Asia Pacific region. The market is highly dynamic, with companies consistently focused on developing new products to meet the evolving preferences and demands of increasingly health-conscious consumers. The introduction of new product categories, including functional foods, personalized supplements, and specialized formulations, is capturing the attention of a diverse customer base and fueling the market’s expansion. As companies continuously innovate to align with consumer trends, the nutritional supplements sector is poised for sustained growth and diversification.

In addition to traditional health concerns, the concept of wellness has expanded to encompass mental and emotional well-being, further driving demand for a broader range of products. There is a noticeable shift in consumer priorities, with growing interest in supplements that support mental clarity, stress management, cognitive health, and emotional balance. Supplements targeting mental wellness, including adaptogens and nootropics, have gained significant popularity as consumers embrace more holistic approaches to their overall well-being. This shift is reshaping the market, encouraging companies to innovate and offer products that address the full spectrum of health, from physical vitality to mental resilience.

The COVID-19 pandemic presented challenges for the nutritional supplements market, primarily due to widespread disruptions in the global supply chain caused by lockdowns and restrictions. Despite these setbacks, the market saw an unexpected surge in demand, particularly for immunity-boosting supplements, as consumers sought ways to strengthen their health amidst the uncertainty. Local vendors, particularly those able to adapt to supply chain disruptions, benefited from this surge in demand, highlighting the resilience of the market. The expansion of the nutritional supplements market is also driven by increasing consumer awareness regarding the health benefits these products offer, coupled with their easy availability across the region. Rising disposable income in many Asia Pacific countries has led to increased spending on dietary supplements as consumers are increasingly willing to invest in their health. This shift toward prioritizing personal wellness is contributing to market growth, as consumers seek products that enhance not only physical health but also mental and emotional well-being.

The region’s deep-rooted preference for traditional medicine has spurred the demand for naturally sourced and functional foods, which further aligns with the growing interest in holistic health approaches. As consumers seek natural alternatives, the nutritional supplements market has benefited from the increasing popularity of plant-based, herbal, and functional ingredients, leading to a broader product range that appeals to health-conscious consumers. The rising interest in sports and physical activity has played a crucial role in expanding demand for fitness supplements, particularly among enthusiasts and professional athletes. With the Asia Pacific region representing a significant portion of the global physical activity market, the demand for supplements designed to enhance athletic performance and recovery continues to rise. This has become a key driver in the market, with specialized fitness supplements becoming essential for individuals looking to optimize their physical performance.

The increasing prevalence of chronic diseases exacerbated by urbanization, sedentary lifestyles, and changing dietary habits—has led to a greater reliance on nutritional supplements to address deficiencies and prevent related health issues. As consumers look for preventive measures to combat these emerging health challenges, the demand for supplements is expected to continue its upward trajectory. The affordability of raw materials, along with the growing popularity of natural and functional products, has further accelerated the market’s growth, ensuring that the nutritional supplements sector remains a significant player in the broader health and wellness industry.                                                                                             


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Asia Pacific Nutritional Supplements Market


The Asia Pacific Nutritional Supplements Market is segmented into product, formulation, sales channel, regional distribution, and company.

Based on sales channel, The brick-and-mortar retail segment continued to maintain its dominance in the market, securing the largest share of overall revenue. Despite the significant rise in online shopping, a substantial portion of consumers still value the in-store shopping experience, which offers tangible benefits such as immediate product availability, personalized customer service, and the ability to physically evaluate products before purchase. This preference underscores the ongoing relevance of physical retail in the consumer landscape.

However, the growth of online sales and e-commerce platforms has been rapid and is reshaping the market dynamics. Factors such as the ongoing impact of the COVID-19 pandemic, which has accelerated the shift toward digital shopping, the convenience of accessing a wide variety of products in one location, and the appeal of competitive pricing and exclusive discounts are driving this trend. Many consumers who transitioned to online shopping during the pandemic have become accustomed to the convenience and flexibility it offers, and are expected to continue favoring e-commerce channels for their purchasing needs. The increased adoption of online shopping has also been supported by advancements in technology, which have made e-commerce platforms more user-friendly, secure, and efficient. The ability to compare products easily, read reviews, and take advantage of time-sensitive promotions has further enhanced the attractiveness of online shopping. This shift is not only broadening the market's consumer base but also encouraging traditional retailers to enhance their digital presence and adopt omnichannel strategies to remain competitive. 


Major companies operating in Asia Pacific Nutritional Supplements Market are:

  • Herbalife International of America Inc
  • Amway Corp
  • Abbott Laboratories Inc
  • GNC Holdings LLC
  • Bayer AG
  • Sanofi SA
  • Nestle SA
  • Pfizer Inc
  • Mondelez International group.
  • Science in Sport PLC

 

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“the Asia Pacific Nutritional Supplements Market is poised for continued robust growth, driven by a combination of evolving consumer preferences, increased health awareness, and a growing demand for personalized wellness solutions. The market’s expansion is further fueled by the integration of traditional health practices with modern scientific advancements, as well as the rising interest in holistic health, including mental and emotional well-being. The rapid adoption of e-commerce platforms and the preference for both natural and functional products are reshaping the landscape, offering new opportunities for innovation and market penetration. As consumer behavior continues to evolve, companies that capitalize on these trends, while addressing the unique needs of the region’s diverse population, will be well-positioned to lead the market. With the increasing focus on preventive healthcare, rising disposable incomes, and the growing influence of traditional medicine, the Asia Pacific nutritional supplements market represents a dynamic and lucrative sector for both established and emerging players.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Asia Pacific Nutritional Supplements Market, By Product (Sports Nutrition, Dietary Supplements, Functional Foods & Beverages), By Formulation (Tablets, Capsules, Powder, Softgels, Liquid, Others), By Sales Channel (Brick & Mortar, E-commerce), By Country, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of Asia Pacific Nutritional Supplements Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Asia Pacific Nutritional Supplements Market.

 

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Asia Pacific Nutritional Supplements Market By Product (Sports Nutrition, Dietary Supplements, Functional Foods & Beverages), By Formulation (Tablets, Capsules, Powder, Softgels, Liquid, Others), By Sales Channel (Brick & Mortar, E-commerce), By Country, Competition, Forecast & Opportunities, 2019-2029F

Healthcare | Dec, 2024

The region's increasing health consciousness and a fusion of traditional & modern wellness approaches are factors driving the Asia Pacific Nutritional Supplements market in the forecast period 2029-2029.

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