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Health Supplement, Industry – Malaysia - Market : Industry Trends, Challenges, Share, Opportunities and Forecast by 2016

"Health Supplement Market in Malaysia 2015-2019". The Report covers current Market Trends, Analysis, Forecast, Review, Share, Size, Growth, Effect.
Rmoz Ganesh VP | 26.08.2016

Description-



Overview of the health supplement market in Malaysia



Technavio’s research analyst predicts the health supplement market in Malaysia to grow at a CAGR of 7% during the forecast period. The rise in the aging population in Malaysia is the key driver for the market growth of this region. Products that prevent age-related disorders, such as those linked to the digestive system, and ones that help maintain blood sugar levels, are in high demand among this age group.



The growing demand for probiotic products is also expected to contribute to the market growth in Malaysia. These products are primarily used as a substitute for growth promoters and antibiotics across the globe. For instance, companies such as Yakult Honsha and Chr. Hansen, have developed patented strains of microorganisms (probiotics) claiming to have particular health advantages.



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Segmentation by product and analysis of the health supplement market in Malaysia



-Vitamins and dietary supplements


-Weight management products


-Herbal and traditional products



The vitamins and dietary supplements segment led the market with a market share of around 49% during 2014 and is expected to lead the market until the end of 2019. The rise in the aging population and the awareness of benefits from these supplements are the key drivers for the growth of this segment.



Competitive landscape and key vendors



The health supplement market in Malaysia is diversified by the presence of international and regional vendors, competing on the basis of quality and pricing, and market reach and financial resources. The report predicts the competitive environment to intensify further during the forecast period due to product/service extensions, product innovations, and mergers. International players are anticipated to grow inorganically by acquiring regional or local players.



The leading vendors in the market are -


-Amway


-CCM


-Cosway


-Herbalceutical


-Herbalife



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Table of Content



PART 01: Executive summary


Highlights



PART 02: Scope of the report


Market overview


Offerings of the top vendors



PART 03: Market research methodology


Research methodology


Economic indicators



PART 04: Introduction


Key market highlights



PART 05: Malaysia: An overview



PART 06: Malaysia: Economic profile


Malaysia: Economic overview


Lifestyle indicators



PART 07: Malaysia: Doing Business 2015


Doing Business: Overview


Business environment



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About the tenderer: Rmoz Ganesh VP

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