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Thailand Food Supplement Market Size and Growth Analysis: Rapid Expansion Anticipated - Key Players - Inter Pharma Public Company Limited, Royce Lab International, Chame Corporation Public Company Limited.
Thailand Food Supplement Market
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What is the projected growth rate (CAGR) of the Global Thailand Food Supplement market from 2024 to 2031, and what is the market value expected to change by 2031?
The Thailand Food Supplement Market recorded a value of US$2,023.52 million in 2023 and is expected to reach US$2,522.65 million in 2027, growing at a CAGR of 5.90% during the forecast period (2024-2027).
What is Thailand Food Supplement Market?
A food supplement is a product designed to provide essential nutrients-such as vitamins, minerals, amino acids, fatty acids, and other beneficial substances-that may be missing or insufficient in a person's regular diet. These supplements come in various forms, including tablets, capsules, powders, and liquids, and are intended to support general health, enhance specific bodily functions, or address deficiencies. Common examples include multivitamins, omega-3 supplements, and protein powders. Food supplements are regulated in many countries to ensure safety and quality, though they are typically not intended to replace a balanced diet. Proper use of supplements can help fill nutritional gaps and support overall well-being.
Key Players:
Profiles of some of the major players in the global Thailand Food Supplement market, which include:
H MEGA Lifesciences Public Company Limited, Asian Phytoceuticals Public Company Limited, Khaolaor Laboratories Co., Ltd., Giffarine Skyline Unity Co., Ltd., BBGI Public Company Limited, Immortal Corporation Co., Ltd., Inter Pharma Public Company Limited, Royce Lab International, Chame Corporation Public Company Limited, THAI HEALTH PRODUCT CO., LTD., CEO Factory (Thailand) Co., Ltd.
Industry Development:
✔ In 2022, NRF (National Resource Foundation) partnered with WINMED to expand and enhance its presence in the global diet supplement market with brands such as Wellpath and Prime Labs, focusing on health nourishment, restoration, and wellness products. This collaboration aims to meet the rising demand in health and wellness by launching products that will be available through both online and offline channels across Thailand. NRF anticipates that, by Q4 2022, these offerings will contribute to robust sales growth as the company capitalizes on this expanding consumer trend. The partnership reflects NRF's commitment to delivering high-quality health products and strengthening its market footprint.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Thailand Food Supplement market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
➥ By Ingredient: Vitamins, Botanicals, Minerals, Protein & Amino Acids, Omega Fatty Acids, Probiotics, Others.
➥ By Dosage: Tablet, Capsules, Liquid, Powder, Others.
➥ By Age: Infant, Children, Adults, Seniors.
➥ By Distribution Channel: Supermarkets/Hypermarkets, Pharmacies and Drug Stores, Convenience Stores, Online Retailers, Other.
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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