The health supplement market in Asia is booming, driven by increasing health consciousness and the adoption of a healthy lifestyle. The rise in disposable income and the growing demand for natural supplements have led to a significant increase in the consumption of these supplements. Countries like China, Japan, India, and South Korea account for the bulk of the demand for health supplements in the region. The aging population in these countries is driving the demand for supplements that aid in maintaining optimal health and improving overall wellness. Vitamins, minerals, and proteins are the most commonly consumed health supplements in the Asian market. However, natural and herbal supplements that are used for traditional medicine practices have gained popularity in recent years.
This has led to a surge in demand for Ayurvedic supplements in India and Traditional Chinese Medicine (TCM) in China. The dietary supplements segment is expected to dominate the Asia-Pacific market due to the increasing trend of healthy eating and awareness. The protein supplements market is expected to witness substantial growth, with a rising number of athletes, bodybuilders, and consumers looking for natural protein supplements to enhance their performance. Hence, the high demand for natural and organic supplements and the growing popularity of alternative medicine are expected to drive the market’s growth over the coming years. However, regulations and safety concerns are major challenges that need to be addressed by governments and the supplement industry to ensure the safety and efficacy of these products.
Keeping abreast of the latest developments in this market, Asia Business Outlook has shortlisted the top 10 companies that have proved their excellence through innovative approach. In a bid to fulfill the customer expectations and contribute to the market’s evolution with their result-oriented persistence, these companies are raising the bar of quality and delivery.