Asia Pacific Vitamins (Nutraceuticals) Market is Estimated to Reach $1,534.07 Million in 2019 - A Report by MicroMarket Monitor

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The Vitamins (Nutraceuticals) market in Asia Pacific to reach $1,534.07 million by 2019, at a CAGR of 7.0% from 2014 to 2019.

MicroMarket Monitor

MicroMarket Monitor

Key players in Asia Pacific Vitamins (Nutraceuticals) Market include Cargill Inc., Royal DSM (Netherlands), BASF SE (Germany), DuPont (US), Honson Group (Canada), Archer Daniels Midland Co. (US), and Aland (Jiangsu) Nutraceuticals Co. Ltd.

The Asia Pacific Vitamins (Nutraceuticals) Market report defines and segments the vitamins (nutraceuticals) market in Asia-Pacific with analysis and forecast of revenue. The vitamins (nutraceuticals) market in Asia-Pacific is estimated to grow from around $1,095.77 million in 2014 to $1,534.07 million by 2019, at a CAGR of 7.0% from 2014 to 2019.

Browse through the TOC of the Asia Pacific Vitamins (Nutraceuticals) Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific Vitamins (Nutraceuticals) market, and is supported by various tables and figures.

The rising per capita income in this region has catapulted the demand for quality health nutrition. Rapid urbanization and lifestyle changes drive consumers towards healthy diet options. Countries such as Thailand, Vietnam, Indonesia, etc., are becoming global destinations for manufacturing facilities. This rapid economic development has induced the Asia-Pacific region to become a major market for global vitamin manufacturers.

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Japan is a major market with the highest market share in the Asia-Pacific region. It constitutes 28.48% of market share and has important market for global vitamins (nutraceuticals) producers. The personal care segment has a major contributing share in the vitamin ingredients market in Asia-Pacific. The Asia-Pacific region experienced high demand for vitamin-enriched personal care products due to an excessive presence of the youth in the region. Vitamin-enriched personal care products have certain perceived benefits. For instance, Vitamin E includes skin benefits such as reduction of sun burns and strengthening of skin barrier.

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The vitamins (nutraceuticals) market is segmented and projected on the basis of application, which is functional food, functional beverages, dietary supplements, animal nutrition, and personal care. Dietary supplement is the most preferred application of vitamins (nutraceuticals). The market is further segmented and forecasted on the basis of major countries, such as the Japan, China, India, Australia, and Others.

This report also comprises market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players in the Asia-Pacific vitamins (nutraceuticals) market.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Food & Beverage industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Food & Beverage industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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