Wednesday, July 5, 2017

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:  

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
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Location: Thailand

Growing Trust over Herbal Ingredients with Increased use of Ginseng in Functional Foods to Drive Nutraceuticals Market in Korea: Ken Research

Increasing priority towards health and wellness coupled with inclining demand for probiotics to Drive Nutraceuticals Market in Korea
The report titled “Korea Nutraceuticals Market Outlook to 2021 - Rising Trust over Herbal Ingredients with Increasing use of Ginseng in Functional Foods to Foster Future Growth” by Ken Research suggested that nutraceuticals market in Korea would showcase a steady growth during the forecast period owing to the fast aging rate of population of Korea. It is estimated that the most of the Koreans spend their leisure time in watching TV, resting and playing games on the internet, resulting in rapid aging effects. The per capita expenditure towards healthcare has also been one of the major driving forces for growing nutraceuticals market in Korea.
Traditional herbal medicines are based on classic Korean literature. In accordance with BMC Complementary and Alternative Medicine, 38.9% study participants reported the use of traditional Korean herbal medicines including the usage of herbal plants. The herbal and traditional ingredients are broadly classified into three sub-categories namely dietary supplements, medicated skin care and medicinal teas.
The most widely used herbal supplement is Korean ginseng, distributed across the whole country in the form of liquid, powders and capsules, and is considered to be an energizer, normalizer and stress reducer. The herb has a very positive effect in turning the whole body healthy. It has been used to lower cholesterol, treat diabetes, depression and sharpen the mind and memory. Kwangdong Pharmaceutical Co Ltd is one of the largest Korean traditional herbal medicine manufacturers.
Korean red ginseng is majorly used to ward off fatigue and stress, boost immune system, prevent ailments caused by viruses and bacteria and potentially improve erectile dysfunction in men with increased alertness. In addition, it is also used to treat impotence and can help in preventing colorectal cancer. Furthermore, traditional herbalists in Korea treat children whose growth is stunted with extracts of astragalus membranaceus, phlomis umbrosa and eleutherococcus senticosus, which collectively forms as HT042 in Korea, to create a positive impact by strengthening their bones.
The revenues of Korea nutraceuticals market are observed to continuously increase at a steady pace during the historical period. Priority towards health and wellness with the help of nutritional products has amplified demand for nutraceuticals in Korea during this period. Red ginseng has been observed as one of the major supplements sold in the Korean nutraceuticals market, which is consumed with the aim to strengthen the body’s ability to fight off infections, improve sexual performance and overall quality of life.
Key Topics Covered in the Report:
Competition in Korea Nutritional Supplement
Korea New Developments in Herbal Supplements Market
Herbalife Performance in Korea
Licorice Medicine Sales in Korea
Korea Nutritional Supplements Market Competition
Vitamins and Dietary Supplements in Korea
Korea Functional Beverage Market
Herbal Supplements Market in Korea
Future Korea Nutraceutical
For further information, kindly visit:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Rising Priority towards Health and Wellness with inclining use of Probiotics to Foster Future Growth of Nutraceuticals Market in Korea: Ken Research

Korea Ginseng Corporation and CJCJ are observed to dominate Korea dietary supplements,  and functional foods and beverages market respectively in 2016
By distribution channel, convenience stores dominated the Korea nutraceuticals market in year 2016
Health segment dominated the functional food and beverages market segment in Korea.
Probiotics are expected to drive the dietary supplements market in Korea
The people of Korea have been observed to show growing concern towards their health and fitness by giving first preference to organic foods and rising disposable incomes leading to higher purchasing power, thus making nutraceuticals supplements affordable in Korea. The Korean Nutraceuticals industry has experienced a stable growth which showcases that they are open to new products to improve and as well as to maintain health. Along with organic juices, new products were launched within Ready to Drink (RTD) tea segment. Woongjin Food launched a new product called “sky barley” drink (bottled and canned) catering to the needs of children. Additionally, Kwang Dong Pharm also introduced a new type of lemon green tea constituting several anti-oxidants for boosting up the immune system of an individual.
Furthermore, food safety and other issues such as GMOs, BSE and high presence of trans-fats in daily lifestyle are some of the major concerns that are driving consumer interest towards consumption of natural foods for staying fit. The development in Korea Nutraceuticals sector is also supported by a five year development plan which aims at increasing the market share for eco-friendly products. In accordance with EU-Korea equivalence arrangement, European companies are showing high potential in Asian markets like Korea through organic foods and beverages segment carrying EU organic certification label.
Ken Research in its latest study, Korea Nutraceuticals Market Outlook to 2021 suggested herbal supplements in dietary supplements segment will continue to dominate the market during the forecast period. The preferred public interest towards herbal products being non-toxic in nature and their availability at affordable prices results in high demand for herbal supplements in Korea dietary supplements industry.
Korea nutraceuticals market is likely to showcase growth at a steady pace during the forecast period owing to the fast aging rate of population of Korea. It is estimated that the most of the Koreans spend their leisure time in watching TV, resting and playing games on the internet, resulting in rapid aging effects. The per capita expenditure towards healthcare has also been one of the major driving forces for growing nutraceuticals market in Korea.
The report provided information on market size for Korea nutraceuticals market, Korea 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.
Key Topics Covered in the Report:
Protein and Amino Acid Supplements Sales in Korea
Functional Foods Nutraceuticals and Medicines Korea
Korea Imported Nutraceutical Products
Korea Vitamin Supplement Market
Korea Market Growth Nutraceutical
Ginseng Sales in Korea
Korea Anti Oxidants Food Category Growth
Export Nutritional Supplements Korea
Omega 3 Fatty Acid Industry Size in Korea
For further information, kindly visit:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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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
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Location: Thailand

Korea Nutraceuticals Market Outlook to 2021: Ken Research

The report titled “Korea Nutraceuticals Market Outlook to 2021 - Rising Trust over Herbal Ingredients with Increasing use of Ginseng in Functional Foods to Foster Future Growth” focuses on overall market size for Korea nutraceuticals market, market segmentations on the bases of dietary supplements, functional food & beverages and distribution channels, dietary supplements sub-segmentation by type of supplements, functional foods and beverages sub-segmentation by product category. The report also covers Government regulations for nutritional and dietary supplements in Korea, import and export scenarios of nutritional and dietary supplements in Korea, trends & developments in the market and competitive landscape of major players in Korea nutraceuticals market. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
Korea Nutraceuticals Market Size
The overall nutraceuticals industry of Korea generated revenue worth USD ~ million in 2016. The market recorded growth at a CAGR of ~% inclining from USD ~ million in the year 2011. Priority towards health and wellness with the help of nutritional products has amplified demand for nutraceuticals in Korea during this period. Red ginseng has been observed as one of the major supplements sold in the Korean nutraceuticals market, which is consumed with the aim to strengthen the body’s ability to fight off infections, improve sexual performance and overall quality of life. Tendency to work for longer shifts and spending more than average annual hours on work has accentuated the requirement to adopt a healthy lifestyle in Korea. Korean consumers strongly consider that the regular use of dietary supplements create a positive impact on their health and hence, driving the overall market.
By Dietary Supplements, and Functional Foods and Beverages
Dietary supplements dominated the Korea nutraceuticals industry with revenue share of ~% in 2016. The growth behind dietary supplements market is largely supported by increasing trust over herbal or traditional ingredients. With the growing demand for healthy lifestyle among the Korean population, people prefer to choose herbal category products over non-herbal products because of lesser or no side effects and their historical familiarity with herbal medicines. Additionally, the aging population of Korea and workaholic culture among people has resulted in various indigestive disorders in the country, which further demands for dietary supplements especially probiotics for digestion, driving the overall dietary supplements market in the country. The intake rate of dietary supplements in Korea was recorded in between ~% to ~% in adults and in between ~% to ~% in children between one to six years old in year 2012, clearly advocating the high intake of dietary supplements and reason behind its dominating share.
By Distribution Channel
Convenience stores segment dominated the Korea nutraceuticals sector’s distribution network with revenue share of ~%, thus generating revenue worth USD ~ million in 2016. In Korea, number of convenience stores have surpassed ~ in the year 2016. These stores responded well towards selling nutritional supplements in the market. Other major distribution channels include mass merchandisers, door-to-door sales, pharmacies, and mail orders.
Dietary Supplements Segmentation by Type of Supplements
Herbal supplements dominated the Korea nutraceuticals market with segment capturing revenue share of ~% in 2016. The preferred public interest towards herbal products being non-toxic in nature and their availability at affordable prices results in high demand for herbal supplements in Korea dietary supplements industry. Vitamins and minerals follow herbal supplements with market share of ~% in 2016. The use of vitamins and minerals segment is increasingly witnessed among the teenage population to boost up their immune system. In Korea, regular selling vitamins and minerals supplements constituted vitamin A, vitamin C and vitamin D.
Functional Foods and Beverages Market Segmentation by Food Category       
Health segment dominated the functional food and beverages market with a revenue share worth ~% in Korea functional foods and beverages market in year 2016.          It is witnessed that in the estimated time period of six years from 2011 to 2016, Korea has developed a busy working lifestyle involving long working duration per year. Energy boosters segment followed the health functional foods with revenue share of ~% in 2016. Sports drinks with energy boosters with major ingredients such as ginseng or green tea and the energy boosters in form of herbal processed foods are observed to be majorly driving the Korean energy boosters market.
Competitive Landscape
Korea Ginseng Corporation dominated the Korea dietary supplements market by capturing revenue share worth ~% in 2016 majorly due to high demand for Korean red ginseng extract plus, Korean red ginseng tonic, women’s balance tonic and energetic tonics in Korea. Amway, Korea Yakult, Korea Eundan, and Novarex are other major players operating in the market. However, CJCJ dominated the Korea functional foods and beverages market by capturing ~% revenue share in the year 2016.
Future Outlook and Projections
Korea nutraceuticals market is likely to witness a growth at a CAGR of ~% during the forecast period of four years from 2016 to 2019. It is estimated that the most of the Koreans spend their leisure time in watching TV, resting and playing games on the internet, resulting in rapid aging effects. The per capita expenditure towards healthcare has also been one of the major driving forces for growing nutraceuticals market in Korea. The rising disposable income amongst the Korean population tends to consume more towards health supplements. Apart from health-improving nutritional supplements, there is an increasing demand for herbal supplements, fiber supplements and probiotics in Korea, which are aiming to cure high prevalence of obesity and cardiovascular problems in near future.
Key Topics Covered in the Report:
Introduction to Korea Nutraceuticals Market
Korea Nutraceutical Market
Nutritional Supplement Drinks Korea
Digestive Food Market Growth in Korea
Korea Functional Food Industry
Korea Nutraceuticals market size, 2011-2016
Dietary Supplements segmentation by type of supplements
Foods and Beverages Market Segmentation by Product Category
Blackmores Vitamins and Supplements Korea
Future Functional Food Nutraceutical Products Korea
Regulatory Landscape of Korea
Competitive Landscape of Major Players in Korea Nutraceuticals Market
Korea Swisse Wellness Nutrition Multi Vitamin Brand
Import & Export Scenario of Nutritional and Dietary Supplements in Korea
Korea Ginseng Market
Korea Dietary Supplements Market Trends
Major Trends and developments
Korea Nutritional Supplements Market
Probiotic Nutrition Market Korea
Analyst Recommendations
Korea Nutraceuticals Future Outlook and Projections, 2016-2021
For further information, kindly visit:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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