Philippines Nutritional Supplements Market Driven By Robust Demand For Herbal Supplements And Increased Lifestyle Diseases Among Filipinos: Ken Research

The report titled, “Philippines Nutraceuticals Market Outlook to 2022 – Composite Herbal Dietary Ingredients, Ginseng, Garlic and Ginkgo Biloba Based Herbal Supplements will Drive the Growth” by Ken Research recommends that the companies operating in nutraceuticals market can expand their market share and increase revenue generated by focusing on product innovations for vitamins and dietary supplements, launch new flavor variants for functional foods and beverages and undertake online channels of distribution for their products. The market is expected to register an overall positive CAGR of 5.0% by revenue during the forecast period 2017-2022.High prevalence of nutrient deficiency and other chronic diseases in the Philippines led to soaring demand for nutraceutical products in country.

Increasing Lifestyle Diseases: The Philippines observed a massive shift in diet and physical activity patterns resulting in increased prevalence of obesity, hypertension and related problems. Among Filipino youth, high blood pressure and other early signs of Cardio Vascular Diseases (CVD) are eminent, especially among those who have the low Body Mass Index (BMI) at birth. Moreover, in 2016, around 61.0% of mid-income Filipinos were observed lacking physical activities and spent a lot of time with their electronic gadgets. In accordance with the Sun Life Financial Asia Health Index 2016 survey on Asians’ attitude towards healthy and active living, Filipinos were among the highest proportion who don’t exercise regularly due to lack of personal time, lack of motivation and distractions of modern life.

Increase in Health Awareness and Significance of Vitamins: Rising awareness for mental and physical health conditions in the Philippines has further given a boost to the country’s nutraceuticals market. In accordance with CIAWF (Central Intelligence Agency’s World Fact-book), the Philippines ranked 161 out of 224 in the year 2016 in terms of average life expectancy indicating the state of poor mental and physical health in the country. In addition to this, Anemia and Vitamin A deficiency in the Philippines were witnessed to continue to affect a substantial proportion of children as well as women, which led increased sales of Vitamin A and iron supplements.

Growing demand for Herbal Supplements: Traditional herbal medicines have gained market recognition in Philippines which involve the use of herbal plants. Herbal and traditional ingredients can be broadly sub-segmented into dietary supplements, garlic, ginkgo biloba, ginseng and others. In addition to this, majority of the sales in the country took place for medicated skin care and medicinal teas. One of the most commonly used herbal supplement in the country is ginseng, which is distributed across the entire country in the form of liquid, powders and capsules. It is considered to be a very useful an energizer, normalize and stress reducer.

Key Segments Covered

·         Vitamins and Dietary Supplements:

Ø  By Type (Vitamins, Dietary Supplements, Paediatric Vitamins and Dietary Supplements and Tonics)

Ø  By Type of Distribution Channel (Drugstores / Parapharmacies, Direct Selling and Internet Selling, Other Healthcare Specialist Retailers, Supermarkets and Hypermarkets)

Ø  By Type of Fish Oils/Omega Fatty Acids (Plant Based Oils, Cod Liver Oil and Other Marine Based Oils)

Ø  By Type of Vitamins (Multivitamins and Other Vitamins)

Ø  By Positioning of Multivitamins (Teenagers, Men, Women, Pregnancy, Elderly and Others)

·         Functional Beverages:

Ø  By Product Category (Carbonates and Energy Drinks, Concentrates and Hot Drinks, Fruit/Vegetable Juices, Sports Drinks and Others and Bottled Water)

Ø  By Channel of Distribution (Hypermarkets & Supermarkets, Independent Small Grocers, Convenience Stores, Forecourt Retailers and Other Grocery Retailers)

·         Functional Foods:

Ø  By Sale of Functional Foods (Baby Food, Dairy, Confectionery, Sweet Biscuits, Snack Bars and Fruit Snacks; and Breakfast Cereals),

Ø  By Channel of Distribution (Hypermarkets & Supermarkets, Independent Small Grocers, Non Grocery Specialists, Convenience Stores, Direct Selling, Forecourt Retailers and Other Grocery Retailers)

Key Target Audience

·         Nutraceuticals Manufacturers

·         Nutraceuticals Distributors

·         Government Agencies

·         Vitamins and Dietary Supplements Companies

·         Functional Foods Companies

·         Functional Beverages Companies

Time Period Captured in the Report:

·         Historical Period: 2012-2017

·         Forecast Period: 2018-2022

Companies Covered:

·         Vitamins and Dietary Supplements:

Ø  United Laboratories Inc.

Ø  USANA Health Sciences Inc.

Ø  Pfizer Inc.

Ø  DMI Medical Supply Co. Inc.

Ø  Tynor Drug House Inc.

Ø  Abbott Laboratories Inc.

Ø  Pascual Pharmaceuticals Corporation

Ø  Natrapharm Inc.

Ø  ATC Health Care

Ø  Hovid Berhad Philippines

Ø  Daewoong Pharma

Ø  Others (Menarini, Trianon Inc., Merck Inc. and Hi Eisai Pharm)

·         Functional Beverages:

Ø  Coca Cola Co.

Ø  Mondelez International Inc.

Ø  PepsiCo Inc.

Ø  Del Monte Pacific Ltd.

Ø  Asia Brewery Inc.

Ø  Zest-O Corporation

·         Functional Foods:

Ø  Nestle SA

Ø  Reckitt Benckiser

Ø  Yakult Honsha Co. Ltd.

Ø  San Miguel Corporation

Ø  JG Summit Holdings Inc.

Ø  Fonterra Co-operative Group Ltd.

Ø  Mondelez International Inc.

Key Topics Covered in the Report

·         Executive Summary

·         Research Methodology

·         Philippines Nutraceuticals Market Overview and Genesis

·         Philippines Nutraceuticals Market Size

·         Philippines Nutraceuticals Market Segmentation

·         Philippines Vitamins & Dietary Supplements Market

·         Philippines Functional Beverages Market

·         Philippines Functional Foods Market

·         Trends and Developments in Philippines Nutraceuticals Market

·         Issues and Challenges in Philippines Nutraceuticals Market

·         Regulatory Landscape in Philippines Nutraceuticals Market

·         Entry Barriers and Pre-Requisites to Enter in Philippines Nutraceuticals Market

·         Philippines Nutraceuticals Market Future Outlook and Projections, 2017-2022E

·         Analyst Recommendations

      To know more, click on the link below:

https://www.kenresearch.com/philippines-nutraceuticals-market-future.html

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

The pharmaceuticals market in UK has grown more actively with the growing need of nutritional supplement. As in the recent trend the consumers of this region is become more health conscious with the significant increase in the disposable income. The nutrition supplements are ingredients that serve adequate amounts of essential nutrients needed for the better performance of human beings. Nutritional supplements can also consists substances that have been established as being essential to life, but are marketed as having advantageous biological effect, such as polyphenols and pigments. Not only has this, the nutrition supplements comprises proteins, herbs, meal supplements, vitamins, sports nutrition and several others that are used to develop the nutritional content of a diet. The key players of this market are adopting the effective market strategies and policies for leading the highest market share in UK. Moreover, they will develop the product making technology and technique for leading the fastest market growth in the forecasted period.

According to the report analysis, ‘Nutritional Supplement Market in the U.K. (2018-2023)’ states that there are several key players which are presently functioning in this market for attaining the huge market share by doing an effective development in the quality of the product for increasing the demand includes Sanofi, Vitrition, Glanbia Nutritionals, Nestle Nutritionals, Pfizer Inc., Bayer and several others. Moreover, the U.K. nutritional supplement market is predictable to reach USD 15 Billion increasing at a CAGR of 6.00% by 2023. It is one of the most momentous markets in the European nutritional supplement market because of the growing usage of vitamin and sports nutrition products among adults. Furthermore, many of the focused key player are adopting the effective techniques for removing the restraints from the market and lead the highest market share in UK.

However unsurprisingly, the market of nutritional supplements in UK has grown more actively in the forecast period as they are added to the diet to boost overall health and energy, provide support to the immune system and reduce the risk of illness. Whereas, the U.K. nutritional supplement market is categorized by type of ingredients and by type of end users. While, on the basis of ingredients, it is further sub-classified into vitamin, protein, amino acid, enzyme and botanical supplement. By type of end users it is further classified into infants and adults. Protein supplements grasp the uppermost market revenue concerning nutritional ingredients because of the use of protein supplements in weight management and sports nutrition.

Additionally, the compulsory regulations by The European Food Safety Authority's Nutrition and Health Claims Regulation (NHCR) concerning the manufacturing of nutritional supplements is measured to be a key challenge. Whereas, the growing awareness about the prominence of healthy lifestyles, sports nutrition and healthy eating will fuel the growth of the market. Growth in the number of product introductions and the consequent growth in awareness because of the advertisements are also foremost drivers. Therefore, in the near future it is expected that the market of nutritional supplements in UK will grow more actively.

For more information, click on the link below:

https://www.kenresearch.com/healthcare/pharmaceuticals/nutritional-supplement-uk/172307-91.html

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

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UAE Baby Food Market Outlook to 2022: Ken Research

The report titled “UAE Baby Food Market Outlook to 2022 – By Category (Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food), By Inorganic and Organic Baby Food, By Region (Abu Dhabi, Ajman, Sharjah, Dubai, Fujairah, Ras Al Khaimah and Umm Al Quwain)” provides a comprehensive analysis of the baby food market in the UAE. The report also covers the overall market size in terms of revenue and sales volume, SWOT Analysis, decision making process, competitive landscape and growth drivers and trends and government role and regulations. The report concludes with market projection for future market described above and analyst recommendations highlighting the major opportunities and cautions for the UAE Baby food market.

Market Overview

The baby food market of UAE is still in its growth stage. The market displayed a strong competitive scenario where international players that hold majority of the stake are constantly trying to increase their existing market share. The UAE Baby Food market has majorly been an import dominated market. The market is receptive to newness and innovations for instance, camel milk based baby food products and halal baby food products have gained a lot of popularity in the country. Despite the fact that government is encouraging breast feeding among new mothers and economic impact due to oil price shock of mid 2014 that continued till 2015, the baby food market has shown consistent growth.

UAE Baby Food Market Segmentation

By Food Category (Dried Baby Food, Prepared Baby Food, Other Baby Food, Milk Formula): Milk formula is the most conventional baby food product in the market and is considered as the prime substitute of mother’s milk, therefore it was the leading market segment in the year 2017 with a considerable revenue share.

By Nature (Organic Food and Inorganic Food): This segmentation includes baby food categories such as dried baby food, prepared baby food and other baby food but not milk formula. In the UAE baby food market, the majority of the share was held by Inorganic Baby Food due to the reasonable price positioning over organic food.

By Age (0-6 Months, 6-12 Months, 12+ Months): Stage 3 milk formulae for babies age 12 months and above is the leading category in terms of sales due to the larger population size. Best selling stage 3 milk formulae brands include Nido, Nan, Illume, Progress Gold, Pediasure and Isomer.

By Region (Abu Dhabi, Ajman, Sharjah, Dubai, Fujairah, Ras Al Khaimah, and Umm Al Quwain): Dubai accounted for the largest sale of baby food followed by Abu Dhabi. About 75% of the revenue is contributed collectively by the emirates of Abu Dhabi and Dubai. The, other regions such as Ajman, Fujairah, Ras Al Khaimah and Umm Al Quwain have a very limited market share.

By Channel of Distribution (Hypermarkets, Supermarkets, Independent Small Grocers, Health and Beauty Specialist Retailers, Other Foods Non Grocery Specialists, Internet Retailing): The supply of baby food in UAE is taken care of majorly by offline stores including Hypermarkets and Supermarkets. Subsequent purchases after consulting health experts are made from these renowned and trustworthy megastores. Presently, Internet retailing channels like e-commerce websites, company websites, baby products’ specific websites and websites of offline stores accounted for a very low share in the distribution.

By Milk Formula (Standard Milk Powered Formula, Follow on Milk Powdered Formula, Growing-Up Milk Formula, and Special Baby Milk Formula): The majority of the milk formula sales in UAE baby food market contributed through growing-up milk formula products. It held a dominant share in the market. This was followed by Follow on milk formula and standard milk formula. The remaining segments that contributed to the market were special baby milk formula which is primarily required by infants with special nutritional needs or they are allergic to some specific ingredient.

Competitive Landscape

Competition within the UAE baby food market was observed as highly concentrated along with the presence of 11 major manufacturers of baby food competing on parameters such as product variant, channels of distribution and price. The leading players in the market are international companies that directly import finished baby food products in UAE. The domestic companies which are selling baby food products have negligible market share. Majority of the market shares were held by Nestle, Danone and Abbott. The remaining market share was captured by companies such as Kraft Heinz Co., HiPP GmbH & Co. Vertrieb KG, Hero Group GmbH, Hain Celestial Group Inc, DMK Deutsches Milchkontor GmbH, Holle Baby Food GmbH and United Pharmaceuticals.

UAE Baby Food Market Future Outlook

In the near future, it is anticipated that the UAE Baby food market will increase at an significant revenue CAGR during the period 2017-2022. In case of market segmentation by food category, the demand for conventional milk formula is expected to fall by the end of the year 2022. In case of types of Milk Formulas, the demand for Follow-On Milk Formula is expected to fall from slightly from 2017 to the end of the year 2022 while the demand for Other Milk Formula like Special Baby Milk Formula, standard Powdered Milk Formula and especially Growing-Up Milk Formula is expected to rise. The UAE Baby food market is expected over the forecast period due to increase in women’s participation in the workforce, rising per capita income and GDP of the country and increasing awareness among new parents to complete the nutritional requirements of their children.

Key Segments Covered:-

Food Category (Dried Baby Food, Prepared Baby Food, Milk Formula, and Other Baby Food)

Types of Milk Formula

Age Group

Nature of Food (Inorganic Baby Food, and Organic Baby Food)

By Region (Abu Dhabi, Ajman, Sharjah, Dubai, Fujairah, Ras Al Khaimah and Umm Al Quwain)

By Channels of Distribution (Hypermarkets, Supermarkets, Independent Small Grocers, Health and Beauty Specialist, Other Foods and Non Grocery Specialist and Internet Retailing)

Key Target Audience:-

Baby Product Manufacturers

Baby Product Distributors

Government Agencies

Baby Food Store Retailing

NGO’s Supporting Baby Food and Care

Pharmaceutical Stores

Online Sales and Retailing Agencies

Time Period Captured in the Report:-

Historical Period: 2012- 2017

Forecast Period: 2018- 2022

Companies Covered:-

Nestle SA

Danone Group

Abbott laboratories Inc.

Other Companies (Kraft Heinz Co, Hipp GmBH & Co Vertrieb KG and Hero Group GmbH)

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Stakeholders in the UAE Baby Food Market

UAE Baby Food Market Overview and Genesis

Value Chain Analysis in the UAE Baby Food Market

UAE Baby Food Market Size, 2012-2017

UAE Baby Food Market Segmentation, 2013-2017

Trends and Developments in the UAE Baby Food Market

Issues and Challenges in the UAE Baby Food Market

Snapshot on Emerging Baby Foods in the UAE Baby Food Market

Decision Making Criteria for Consumers

Government Regulations in the UAE Baby Food Market

SWOT Analysis of UAE Baby Food Market

Competitive Landscape in the UAE Baby Food Market

UAE Baby Food Market Future Outlook and Projections, 2017-2022E

Analyst Recommendations in the UAE Baby Food Market

For more information on the research report, refer to below link:-

https://www.kenresearch.com/uae-baby-food-market.html

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Ankur Gupta, Head Marketing & Communications
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Increase in Population Followed By Demand of Better Health Care Facilities to Drive Wound Care Product Market in Asia-Pacific Region: Ken Research

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Wound care product is the dressings used for wound curing, decreasing scar formation, decreasing tissue loss, and facilitating homeostasis. It protects deeper matters from thermal damage (heat & cold), bacterial damage, mechanical damage (bumps & cuts), chemical damage (acids & bases), and ultraviolet radiation (sunlight) etc. Wound care products are of many types: wound care strips, surgical staples, hemostats, sutures, and adhesives & tissue sealants. It includes several therapy devices, for instance, oxygen & hyperbaric oxygen equipment; negative pressure wound therapy device (NPWT), cutting-edge wound therapy device and electrical stimulation devices. Some of the major wound care products include wound cleansers, bandages, adhesive removers, gauze & sponges, ointments & solutions, medicates wound dressings and tracheal care products etc.

Some of the key features are a moist healing environment, easy to use, flexibility, waterproof, highly absorbent and comfortable. Moreover, some of the major drawbacks are non-adherent and hard to eliminate. In addition, some of the side effects are rash, dizziness, swelling or itching (on face, tongue or throat) and trouble breathing.

According to study, “Asia-Pacific Wound Care Product Market (2018-2023)” some of the major companies that are currently working in the Asia-Pacific wound care product market are Medtronic Public Limited Company, Kinetic Concepts Inc., DattMediproducts, Acelity L.P. Inc., Sutures India, Baxter International, Convatec, KCI Medical, Smith and Nephew Plc., Monocycle Health Care., Beiersdorf, Teleflex Inc., BSN Medical, 3M Company, Johnson and Johnson Pvt. Ltd., Cova Tec, Coloplast Corporation.

The wound care products are classified into active wound care, moist wound dressings, and therapy devices. Active wound care is sub-segmented into growth factors and skin substitutes. The moist wound dressing is sub-segmented into hydrogels, foams, silver wound dressings, collagen, hydrocolloids, films, silver wound dressings, and alginate dressings. The therapy devices are sub-segmented into pressure relief devices, negative pressure wound therapy devices, and other devices.

The National Programme for Prevention of Burn Injuries (NPPBI) is accountable for construction of infrastructure, inhibition of burns and constructing manpower at different levels of health care provision system.

The Asia-Pacific wound care product is driven by increasing geriatric population, followed by raising awareness and increase in chronic wounds and ulcers with a large number of surgeries, rising medical tourism, growing middle class, increasing disposable income, the rapid rise in technological advancements and rising government initiatives towards prevention of injuries. Apart from the advantages price sensitivity is a major challenge followed by reluctance and acceptance of new technologies, expensive procedures and lack of proper reimbursement policies etc.

China is the major market of wound care product in the region owing to many government policies supporting the development of native advanced wound care product industrialists. In addition, India is the second largest market in the region due to increasing population & better living standards.

It is expected that the Asia Pacific wound care product market will be reached USD 3.4 billion, at a CAGR of 9.2 %, by 2023. In near future, it is estimated that new contributors will come in the prediction period will provide the economic support to the market for additional progression in the technology and to raise the efficiency of the wound care product.

To know more, click on the link below:-

https://www.kenresearch.com/asia-pacific-wound-172481.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-9015378249