Monday, April 1, 2019

Indonesian of 25-45 year old are Most Susceptible to Lifestyle Diseases, Creating Demand for Nutritional Supplements in Indonesia: Ken Research

High prevalence of nutrient deficiency and other chronic diseases in Indonesia led to soaring demand for nutraceutical products in the country.”
Increasing Lifestyle Diseases: Indonesia observed a massive shift in diet and physical activity patterns owing to the increasing prevalence of obesity, hypertension and other health-related problems. Among Indonesians, there is a high risk of no communicable disease (NCD) which is majorly caused due to an unhealthy lifestyle. The most prevalent NCDs in Indonesia are cardiovascular diseases, cancers, chronic respiratory diseases, and diabetes. According to the WHO data published in 2018, average life expectancy in Indonesia is 69.3, out of which for males is 67.3 and for females is 71.4. The top 10 diseases causing death in Indonesia are Stroke, Coronary Heart Disease, Diabetes, Tuberculosis, Diarrheal diseases, Lung Disease, Influenza and Pneumonia, Liver Disease, Kidney Disease, and Alzheimer’s/Dementia.
Indonesia Nutraceutical Market
The significance of Vitamins: Indonesia loses over USD 2.6 billion in GDP to vitamin and mineral deficiencies annually, according to UNICEF Global Report 2004 and World Bank Database 2009. Vitamin A, Vitamin D, Iron and Zinc deficiency are found to affect a substantial proportion of pregnant and lactating women as well as children as well as infants women, which led Indonesian consumers to increasingly purchase Vitamin A& D supplements and Zinc & Iron supplements.
Poor nutritional status: According to World Bank incidences of stunting grew from 35.6% to 37.2% in the period between 2010 and 2013 in Indonesia. This attracted the focus of authorities and parents to promote healthy eating habits. Rise in malnutrition which not only reduces people’s productivity but also increases risks of non-communicable diseases such as heart disease and diabetes when older can easily be thwarted by ensuring nutrition supported diet. Therefore, Indonesians rely on nutraceutical for the proper growth and nutrition of their children.
Analysts at Ken Research in their latest publication “Indonesia Nutritional Supplements Market Outlook to 2023 - by Vitamins (Single Vitamin and Multi-Vitamin) & Herbal and Standard Dietary Supplements (General Health, Beauty, Digestive, Bone, Heart Health, Memory, Joint), Functional Beverages and Functional Foods observed that Nutraceutical market is in its late growth stage and it can be further expanded through market promotions, spreading awareness about functional foods in respect with chronic diseases, collaboration with doctors and setting up of local manufacturing units. The market is expected to register a positive CAGR of 6.9% in terms of revenue during the forecast period 2018-2023.
Key Segments Covered
Functional Foods:-
By Type of Functional Foods (Baby Food, Dairy, Cooking Oil, Biscuits, Snack Bars and Fruit Snacks, Gums, Medicated and Chocolate Confectionery and Breakfast Cereals)
By Type of Dairy Products (Flavored Milk Drinks, Powder Milk, Dairy Based Yoghurt, Milk, Margarine & Spreads and Cheese)
By Channel of Distribution (Hypermarkets, Supermarkets, Independent Small Grocers, Non- Grocery specialists, and Direct Selling)
Functional Beverages:-
By Product Category (Soft Drinks and Hot Drinks)
By channel of distribution (Hypermarkets & Supermarkets, Independent Small Grocers, Convenience Stores, and Other Grocery Retailers.
Vitamins and Dietary Supplements:-
By Type (Vitamins, Dietary Supplements, Pediatric Vitamins, and Dietary Supplements and Tonics)
By Nature (standard and herbal/traditional vitamins & dietary supplements)
By Age Group (Infants, Teenage, Adult, seniors)
By Type of Vitamins (single vitamins and multivitamins)
By Type of Dietary Supplements (Standard/Non-Herbal and Herbal/Traditional)
By Positioning of Dietary Supplements (General Health and Others, Beauty, Digestive, Bone, Heart Health, Memory Health, and Joint)
By Type of Distribution Channel (Chemists/Pharmacies, Direct Selling & Internet Retailing, Drugstores/Parapharmacies, Hypermarkets, Supermarkets, and Independent Small Grocers)
Key Target Audience
Nutraceutical Manufacturers
Government Agencies
Vitamins and Dietary Supplements Companies
Functional Foods Companies
Functional Beverages Companies
Hypermarkets and Supermarkets Chain
Drug Stores and Pharmacies Chain
Online Retailing Companies
Time Period Captured in the Report:-
Historical Period: 2013- 2018
Forecast Period: 2019- 2023
Companies Covered:
Functional Foods: (Market Share, Strength and Weakness covered)
Danone Group
Nestle SA
Royal Friesland Campina NV
Indofood Sukses Makmur Tbk PT
Morinaga Milk Industry Co Ltd
Ultra jaya Milk Industry & Trading Co Tbk PT
Functional Beverages: (Market Share, Strength and Weakness covered)
Otsuka Holdings Co Ltd
Nestle SA
TC Pharmaceutical Industry Co Ltd
Mayora Indah Tbk PT
Danone Groupe
Royal Friesland Campina NV
Vitamins and Dietary Supplements: (Market Share, Strength and Weakness covered)
Bayer AG
Kalbe Farma Tbk PT
Tempo Scan Pacific Tbk PT
Sido Muncul PT
Soho Industri Pharmasi PT
Darya-Varia Group
Citra Nusa Insan Cemerlang PT
K-Link International Sdn Bhd
Keywords:-
Nutritional Market in Indonesia
Nutritional Industry in Indonesia
Indonesia Nutritional Market Growth Forecast
Indonesia Nutritional Market Scope
Functional Beverages Market Segmentation
Indonesia Sports Drink Market
Indonesia Functional Soft Drink market
Indonesia Energy Drinks Market
Vitamins Market in Indonesia
Indonesia Nutritional Market Share
Danone Group in Indonesia Nutritional Market
Retail Sales of Functional Foods in Indonesia
Indonesia Herbal Dietary Supplements Sale
Indonesia Probiotic Supplements Market
Ginseng Market Indonesia
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

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