Increasing use of OTC and Herbal Nutraceuticals among Type 2 Diabetics to Foster Future Growth of Nutraceuticals Market in Thailand: Ken Research

·         Cerebos is observed to dominate Thailand dietary supplements market in 2016

·         By distribution channel, mass merchandisers dominated the Thailand nutraceuticals market in year 2016

·         Health segment dominated the functional food and beverages market segment in Thailand.

·         Herbal Supplements are expected to drive the dietary supplements market in Thailand

High sugar consumption is a major problem among Thai food consumption habits. Thai citizen consumes 30.0 kilograms of sugar per year on an average which equals three times the maximum recommended intake of 25.0 grams per day. Thai people add a considerable amount of sugar to many popular recipes and the popular example of it is extra amounts of tomato sauce on the Pizza. With the intake of high amount of sugar, westernized food and lack of exercise, there has been increase in the population suffering from diabetes. With the tropical onset of diabetes type 2 in Thailand after the age of 50; the aging of Thai population points towards rise of the disease burden. Increasing obesity in children and adults is also leading to diabetes. It was observed that 4.1 million Thai adults are pre-diabetic presently. Obesity leads to more than a seven-fold increase in the risk of developing type 2 diabetes.

The increase in prevalence of obesity and diabetes increased the market for the supplements used in the prevention of the disease and weight loss supplements impacting the market in a positive manner. The Nutrition Promotion foundation launched a project in 2016 to encourage people to choose healthier eating habits which will further impact the Thailand nutraceuticals market as it will result into increased consumption of nutritional supplements. 75.0% people with diabetes in Thailand are observed to use non-prescribed supplements (herbal, vitamin, mineral, or others) and alternative medications in Thailand due to which the demand for the supplements has increased over the years.

Ken Research in its latest study, Thailand Nutraceuticals Market Outlook to 2021 suggested vitamin and minerals in dietary supplements segment will continue to dominate the market during the forecast period. Aging population coupled with low calcium intake in Thai population especially amongst the rural population has resulted in high prevalence of low Vitamin D and low bone mineral density levels in Thai population. As a result of which, the intake of the vitamin and mineral supplements has been high as doctors prescribed these supplements for proper functioning of the body.

The report provided information on market size for Thailand nutraceuticals market, Thailand 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.

Topics Covered in The Report

·         Thailand Ginseng Market,

·         Thailand Nutritional Supplements Market,

·         Market Growth Nutraceutical Thailand,

·         Dietary Supplements Market Trends Thailand,

·         Thailand Vitamin Supplement Market,

·         Thailand Functional Food Industry,

·         Thailand Functional Beverage Market,

·         New Developments in Herbal Supplements Market,

·         Digestive Food Market Growth in Thailand,

·         AntiOxidants Food Category Growth Thailand,

·         Competition in Thailand Nutritional Supplement,

·         Future Thailand Nutraceutical

For further reading click on the link below:  

https://www.kenresearch.com/healthcare/pharmaceuticals/thailand-nutritional-supplements-market/123935-91.html

Related Reports by Ken Research

Asia Pacific Nutraceuticals Market Outlook 2021 - Presence of Huge Customer Base coupled with Rising Disposable Income in India and China to Foster Future Growth

China Nutraceuticals Market Outlook to 2021 - Presence of Huge Customer Base and Rising Foreign Direct Investments to Foster Future Growth

Australia Nutraceuticals Market Outlook to 2021 - Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth

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

Consumption of Vitamin D and Calcium Supplements among Geriatric Population coupled with Aging Population to Drive Nutraceuticals Market in Thailand: Ken Research

Lack of trend of Physical Activity coupled with aging population to Drive Nutraceuticals Market in Thailand
Thailand is ranked third most rapidly aging population in the world. The aging phenomenon in Thailand started from 2001 and is expected to grow at a CAGR of 4.6%during the period 2016-2021. Dietary supplement market is expected to be positively impacted with aging population as Thailand will be turning into a complete geriatric society by 2030. With the increase in the aging population, there has been increase in the prevalence of chronic diseases. Thailand has a remarkably high prevalence of Chronic Kidney Disease among the age group of 35 and older and 21.0% of this population had stage III or higher CKD in 2014. Among men aged 45-65 years, the prevalence offstage III CKD was 23.8% and among women of same age group the percentage observed was 13.6%.

For correction of the impacts of aging population and especially for eliminating kidney diseases, supplements with Vitamin D and calcium ingredients are commonly consumed by the older age people due to low bone density. Moreover, women experiencing menopause after the age of 45 are consuming health supplements which can be used for the changing needs. Few examples of these supplements include Remifin (black cohosh to ease menopause symptoms), Solgar PM PHvtoGen Complex, Soy isoflavones capsule and Wise Women Herbals Maca Capsules, which are excessively consumed by Thai aged women.
The revenues of Thailand nutraceuticals market are observed to continuously increase at a steady pace during the historical period. Health and wellness trends in Thailand acted as major driver for the nutraceuticals market in the country. The fact that Thai people have become more beauty conscious and are willing to spend more on health supplements due to desire of looking younger and attractive helped nutraceuticals market players generate high revenue from the segment. Owing to the trend, the market has witnessed an increase in beauty and weight management supplements. Kalow weight loss supplements and B5 dietary supplements are popular products for weight loss in Thailand.
The report titled “Thailand Nutraceuticals Market Outlook to 2021 - Elevating Consumption of Vitamin D and Calcium Supplements among Geriatric Population to Drive Future” by Ken Research suggested that nutraceuticals market in Thailand would showcase high growth during the forecast period. This can be advocated by the fact that the sports nutrition industry is expected to grow during the forecast period, which will consequently result in increased demand for functional foods and beverages in the market generating revenue for the overall market.
Topics Covered in The Report

• Thailand Ginseng Market
• Omega 3 Fatty Acid Industry Size in Thailand
• Protein and Amino Acid Supplements Sales in Thailand
• Functional Foods, Nutraceuticals and Medicines Thailand
• Vitamins and Dietary Supplements in Thailand
• Nutritional Supplement Drinks Thailand
• Blackmores vitamins and supplements Thailand
• Probiotic Nutrition Market Thailand
• Ginseng Sales in Thailand
• Cerebos Sales in Thailand
• Amway Performance in Thailand
• Thailand Functional Beverage Market
• Future Thailand Nutraceutical
• Thailand Nutraceutical Market
• Thailand Nutritional Supplements Market
• Market Growth Nutraceutical Thailand

For further reading click on the link below:  
https://www.kenresearch.com/healthcare/pharmaceuticals/thailand-nutritional-supplements-market/123935-91.html
Related Reports by Ken Research
Asia Pacific Nutraceuticals Market Outlook 2021 - Presence of Huge Customer Base coupled with Rising Disposable Income in India and China to Foster Future Growth
China Nutraceuticals Market Outlook to 2021 - Presence of Huge Customer Base and Rising Foreign Direct Investments to Foster Future Growth
Australia Nutraceuticals Market Outlook to 2021 - Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249