July 2017
Thailand Nutraceuticals Market Outlook to 2021
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
T ABLE OF C ONTENTS 1.
Executive Summary Market Potential Market Segmentation Competitive Landscape Future Outlook and Projections
2.
Research Methodology 2.1. Market Definitions 2.2. Market Size and Modeling Approach – Market Sizing Interpretation and Proofreading: Variables (Dependent and independent) Multi Factor Based Sensitivity Model Thailand Nutraceuticals Market Final Conclusion
3.
Thailand Nutraceuticals Market Size, 2011-2016
4.
Market Segmentation 4.1. By Dietary Supplements and Functional Foods and Beverages 4.1.1. Dietary Supplements Market Segmentation 4.1.2. Functional food and Beverages 4.2. By Distribution Channel
5.
Regulatory Landscape
6.
Import and Export Scenario 6.1. Imports of Nutraceuticals in Thailand Import Duty 6.1.1. Segmentation of Imported Nutraceuticals in Australia, 20112016 6.2. Major Import Regulations of Thailand - Nutraceuticals 6.3. Export Nutraceuticals in Thailand Š Licensed product of Ken Research; should not be copied
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
6.3.1. Segmentation of Exported Nutraceuticals in thailand, 20112016 7.
Trends and developments 7.1. Lack of Trend of Physical Activities 7.2. Consumption of Vitamin D and Calcium Supplements Among Geriatric Population 7.3. Increasing Use of OTC and Herbal Nutraceuticals Among Type 2 Diabetics
8. Market share of Companies in Thailand Dietary Supplements Market 9.
Company profiles 9.1. Amway 9.2. Blackmores 9.3. Cerebos
10.
Future of Thailand Nutraceuticals Market
10.1.
Future Outlook and Projections, 2017 – 2021
10.1.1.
Dietary Supplements
10.1.2.
Functional Foods and Beverages
11.
Analyst Recommendations
12.
Macroeconomic Factors impacting Thailand Nutraceuticals Market
12.1.
Aging Population
12.2.
Urban Population
12.3.
Prevalence of Obesity
12.4.
Undernourished Population
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
L IST OF F IGURES Figure 3-1: Thailand Nutraceuticals Market on the basis of Revenue Contribution in USD Million, 2011-2016 Figure 4-1: Thailand Nutraceuticals Market Segmentation by Dietary Supplements and Functional Foods and Beverages on the basis of Revenue in Percentage (%), 2011-2016 Figure 4-2: Thailand Dietary Supplements Market Segmentation by Type of Supplements(Vitamins and Minerals, Herbal Supplements, Probiotics, Protein and amino acids Supplements and Omega 3 fatty acids) on the basis of Revenue in Percentage (%), 2011-2016 Figure 4-3: Thailand Functional Foods and Beverages Market Segmentation by Product Category (Health, Digestive and Energy Boosters) on the basis of Revenue in Percentage (%), 2011-2016 Figure 4-4: Thailand Nutraceutical Market by Distribution Channel on the basis of Revenue in Percentage (%), 2016 Figure 5-1: Pre Marketing Control Steps for Registration of Nutraceuticals in Thailand Figure 6-1: Import Process in Thailand Figure 9-1: Financial Performance of Amway on the basis of Net Sales in USD million, 2011-2016 Figure 9-2: Amway Financial Performance on the basis of Net Sales by Direct selling Activities in Percentage (%), 2016 Figure 9-3: Financial Performance of Blackmores on the basis of Net Sales in USD Thousands, 2012-2016 Figure 10-1: Thailand Nutraceuticals Market Future Projections on the Basis of Revenue in USD Million, 2016-2021 Figure 10-2: Thailand Nutraceuticals Market by Type of Usage (Functional Foods and Supplements and Dietary Supplements) on the basis of Revenue in Percentage (%), 2017-2021 Figure 10-3: Thailand Dietary Supplements Market Future Projections by Type of Usage on the basis of Revenue in USD Million, 2016-2021 Figure 10-4: Thailand Dietary Supplements Market Share by Type of Supplements (Vitamins and minerals, Protein and Amino Acids,
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
Probiotics, Herbal Supplements, Omega 3 Fatty Acids and others) on the basis of Revenue in Percentage (%), 2016-2021 Figure 10-5: Thailand Functional Foods and Beverages Market Future Projections by Type of Usage on the basis of Revenue in USD Million, 2016-2021 Figure 10-6: Thailand Functional Food and Beverages Market Share by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Percentage (%), 2016-2021 Figure 12-1: Aging Population on the basis of People above 65 Years of Age in Millions, 2011 - 2021 Figure 12-2: Urban Population on the basis of People living in Urban Areas in Thailand in Millions, 2011 – 2021 Figure 12-3: Prevalence of Obesity in Thailand on the basis of BMI Equal to or Greater than 30 in million, 2011-2021 Figure 12-4: Undernourished Population on the basis of Minimum Dietary Consumption in Thailand in million, 2011-2021
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
L IST OF T ABLES Table 2-1: Product Map of Dietary Supplements Including Product Segment (Vitamins and Minerals, Herbal Supplements, Probiotics, Omega 3 Fatty Acids, Protein and Amino Acid and Others), Product Category, Product, Variants and Brands Table 2-2: Product Map of Functional Foods and Beverages Including Product Segment (Health, Digestive, Energy Boosters and Others), Product Category, Product, Variants and Brands Table 2-3: Correlation Matrix for Thailand Nutraceuticals Market Table 2-4: Regression Coefficients Output Table 4-1: Thailand Nutraceuticals Market by Dietary Supplements and Functional Foods and Beverages and Rationale for Revenue, 2011-2016 Table 4-2: Thailand Nutraceuticals Market Segmentation by Dietary Supplements and Functional Foods and Beverages on the basis of Revenue in USD Million, 2011-2016 Table 4-3: Thailand Dietary Supplements Market by Type of Supplements (Vitamins and Minerals, Herbal Supplements, Probiotics, Protein and amino acids Supplements and Omega 3 fatty acids) and Rationale for Revenue, 2011-2016 Table 4-4: Thailand Nutraceuticals Market Segmentation by Dietary Supplements (Vitamins and Minerals, Herbal Supplements, Probiotics, Protein and amino acids Supplements and Omega 3 fatty acids) on the basis of Revenue in USD Million, 2011-2016 Table 4-5: Thailand Functional Foods and Beverages Market by Product Category (Health, Digestive and Energy Boosters) and Rationale for Revenue, 2011-2016 Table 4-6: Thailand Functional Foods and Beverages Market Segmentation by Product Category (Health, Digestive and Energy Boosters) on the basis of Revenue in USD Million, 2011-2016 Table 4-7: Thailand Nutraceutical Market by Distribution Channel (Mass Merchandisers, Convenience Stores, Door-to-door sales, Pharmacies and Mail-order sales) on the basis of Market Share in Percentage (%), 2016 Table 4-8: Thailand Nutraceutical Market by Distribution Channel on the basis of Revenue in USD Million, 2016 © Licensed product of Ken Research; should not be copied
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Thailand Nutraceuticals Market Outlook to 2021
Table 5-1: Regulatory Landscape of Thailand Table 6-1: Import Duty for Nutraceuticals in Thailand in Percentage, 2016 Table 6-2: Thailand Imported Nutraceuticals Market Segmentation by Categories on the basis of Values in USD Thousands, 2011-2016 Table 6-3: Thailand Imported Nutraceuticals Market Segmentation by Categories on the basis of Volume in Kgs, 2011-2016 Table 6-4: Import Regulations Concerning Nutraceuticals in Thailand Table 6-5: Thailand Exported Nutraceuticals Market Segmentation by Categories on the basis of Values in USD Thousands, 2011-2016 Table 6-6: Thailand Exported Nutraceuticals Market Segmentation by Categories on the basis of Volume in Kgs, 2011-2016 Table 7-1: Future Strategies for Nutraceutical Companies specified for Aging Population Table 8-1: Market Share of Major Players in Thailand Dietary Supplements Market and Rationale for Revenue, 2016 Table 8-2: Market Share of Major Players (Cerebos, Amway, Scotch Industrial, Megalifesciences, Blackmores and others) in Thailand Dietary Supplements Market on the basis of Revenue Contribution, 2016 Table 9-1: Competitive Landscape of Amway including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling Products, New Products, Production Plant, Distribution Channel, Number of Employees and Key Personnel Table 9-2: Competitive Landscape of Blackmores including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling products, New Products, Production Plant, Sales by Region, Distribution Channel, Number of Employees and Key Personnel Table 9-3: Competitive Landscape of Cerebos including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling Products, Number of Employees, Key Personnel and Revenue Table 10-1: Future Drivers for Thailand Nutraceuticals Market Table 10-2: Thailand Dietary Supplements Market Share by Type of Supplements (Vitamins and minerals, Protein and Amino Acids, Probiotics, Herbal Supplements, Omega 3 Fatty Acids and others) on the basis of Revenue in USD Million, 2016-2021 © Licensed product of Ken Research; should not be copied
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Thailand Nutraceuticals Market Outlook to 2021
Table 10-3: Thailand Dietary Supplements Future Recommendations by Type of Supplements (Vitamins and Minerals, Herbal Supplements, Omega 3 Fatty Acids, Probiotics, Protein and Amino Acids and others) on the basis of CAGR, 2016-2021 Table 10-4: Thailand Functional Food and Beverages Market Size by Type of Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Revenue in USD Million, 2016-2021 Table 10-5: Thailand Functional Foods and Beverages Future Recommendations by Product Category (Energy Boosters, Digestive, Health and Others) on the basis of CAGR, 2016-2021 Table 11-1: Recommendations for Nutraceuticals Market in Thailand Table 12-1: Rationale for Aging Population in Thailand, 2011-2021 Table 12-2: Rationale for Urban Population in Thailand, 2011-2021 Table 12-3: Rationale for Prevalence of Obesity in Thailand, 2011-2021 Table 12-4: Rationale for Undernourished Population in Thailand, 20112021 Executive Summary
Thailand Nutraceuticals Market Outlook to 2021- Ken Research Ken Research Latest Report on “Thailand Nutraceuticals Market Outlook to 2021 - Elevating Consumption of Vitamin D and Calcium Supplements Among Geriatric Population to Drive Future” focuses on overall market size for Thailand nutraceuticals market, market segmentations on the bases of dietary supplements, functional food & beverages and distribution channels, dietary supplements subsegmentation 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 Thailand, import and export scenarios of nutritional and dietary supplements in Thailand, trends & developments in the market and competitive landscape of major players in Thailand Nutraceuticals Market. The report concludes with market projection for future and © Licensed product of Ken Research; should not be copied
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
analyst recommendation highlighting the major opportunities and cautions. Thailand Nutraceuticals Market Size The market size of the nutraceuticals industry in Thailand has witnessed an increasing trend in the revenue growth during the period of six years (2011-2016) with growth reported at a CAGR of ~% during the period 2011-2016. Health and wellness trends in Thailand acted as major driver for the nutraceuticals market in the country. The market has witnessed an increase in beauty and weight management supplements sales. Kalow weight loss supplements and B5 dietary supplements are popular products for weight loss in Thailand. By Dietary Supplements, and Functional Foods and Beverages Dietary Supplements dominated the nutraceuticals market and contributed the revenue share of ~% in 2011 and ~% in 2016. Hectic lifestyle of urban Thai consumers coupled with dietary imbalances and insufficient exercises has increased the necessity to use dietary supplements among Thai population. People consume it as a preventive measure to lower the risks of chronic diseases and boost immune system to keep bodily organs functioning regularly. Another major problem of the country in form of aging population has resulted in high prevalence of various chronic diseases including cardiovascular diseases and hypertension, which in turn has resulted in prescription of various nutritional supplements. However, functional foods and beverages in Thailand have found major importance in form of maintaining weight or chronic diseases such as hypertension or diabetes. By Distribution Channel Mass merchandiser attributed ~% share in the distribution of nutraceuticals as strategy of the retailers principally accommodating only best selling products due to the limited selling spaces is followed by them. Moreover, mass merchandisers in Thailand are observed to sell nutraceuticals in cheaper prices compared to pharmacies or any other distribution channel. In Thailand, the nutritional supplements at Š Licensed product of Ken Research; should not be copied
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Thailand Nutraceuticals Market Outlook to 2021
pharmacies are very expensive. It was observed that extra ~ THB (USD ~) had to be paid at the pharmacies compared to the mass merchandiser. Other major distribution channels include convenience stores, door-todoor sales, pharmacies, and mail orders. Dietary Supplements Segmentation by Type of Supplements Vitamins and minerals dominated the Thailand Nutraceuticals market with revenue share of ~% in 2011 and ~% in 2016. 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. Vitamin D deficiency resulted in extensive bone pains and occurrence of various orthopedic disorders like arthritis especially in women, which has consequently increased the demand for vitamin and minerals supplements amongst Thais. Functional Foods and Beverages Market Segmentation by Food Category Health segment dominated the functional food and beverages market with a revenue share worth ~% in Thailand functional foods and beverages market in year 2016. Lack of physical activity and high consumption of sugar has led to increase in prevalence of obesity and type 2 diabetes in Thailand. This has led to demand of more weight loss supplements and supplements used for managing diabetes over the years. Digestive and energy boosters segment captured second and third position respectively in functional foods and beverages market in Thailand in 2016. Competitive Landscape Cerebos is leading Thailand dietary supplements market majorly due to different variety of products it provides with 35 years of experience of the company. The company offers products under two segments for the supplements namely Brain to body wellness (Brands) and Skin and beauty wellness (Innershine and Veta). The trust factor associated with the company and the high demand for above mentioned products for Š Licensed product of Ken Research; should not be copied
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July 2017
Thailand Nutraceuticals Market Outlook to 2021
enhancing immunity and for beautification is the major factor responsible for high share of the company. Amway, Scotch Industrial, Mega Lifesciences, and Blackmores are other major players operating in the market with revenue shares in decreasing order. Future Outlook and Projections Thailand Nutraceuticals market is expected to grow at a CAGR of ~% during the forecast period owing to high awareness and health and wellness trend in Thailand. The increased demand of beauty and weight loss supplements and sports nutrition is accentuated to boost the nutraceuticals market. Willingness to spend more on health supplements due to desire of looking younger and attractive coupled with health conscious society is also expected to impact the nutraceuticals market in a positive manner. Key Topics Covered in the Report: Introduction to Thailand Nutraceuticals Market Thailand nutraceuticals market size, 2011-2016 Thailand nutraceuticals market segmentation by Dietary Supplements, and Functional Foods & Beverages and Distribution channels Dietary Supplements segmentation by type of supplements Foods and Beverages Market Segmentation by Product Category Regulatory Landscape of Thailand Competitive Landscape of Major Players in Thailand Nutraceuticals Market Import & Export Scenario of Nutritional and Dietary Supplements in Thailand Major Trends and developments Analyst Recommendations Thailand Nutraceuticals Future Outlook and Projections, 20162021 For further reading click on the link below: © Licensed product of Ken Research; should not be copied
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Thailand Nutraceuticals Market Outlook to 2021
https://www.kenresearch.com/healthcare/pharmaceuticals/thailandnutritional-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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