openPR Logo
Press release

Vietnam's Nutraceutical Market Poised for Significant Expansion by 2029

01-13-2025 11:46 AM CET | Science & Education

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Vietnam's Nutraceutical Market Poised for Significant

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The size of the nutraceutical market was estimated at USD 437.82 billion in 2023, and it is anticipated that the market would generate roughly USD 621 billion in revenue overall between 2024 and 2030, growing at a compound annual growth rate (CAGR) of 5.12%.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/2936/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's health and nutraceutical ingredients market was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029, driven by rising consumer health awareness and demand for preventive healthcare products.

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's nutraceutical industry is experiencing significant growth, with the food supplement market expected to expand from 190 billion baht in 2022 to 230 billion baht by 2026, propelled by increasing health consciousness and an aging population.

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's nutraceutical market is expanding, with companies like NH Foods Limited entering strategic partnerships to enhance their product offerings and market presence.

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea is witnessing consolidation in the nutraceutical sector, with major companies investing in research and development to introduce innovative health supplements catering to the aging population and health-conscious consumers.

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's focus on digital health initiatives is fostering the integration of nutraceutical products into its healthcare system, with an emphasis on personalized nutrition and preventive healthcare.

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The U.S. nutraceutical market is projected to grow significantly, driven by technological advancements and increasing health consciousness among consumers.

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's nutraceutical market is expected to reach USD 255.91 billion by 2033, with a CAGR of 6.69%, driven by technological advancements and increased health awareness.

๐„๐ฑ๐œ๐ข๐ญ๐ž๐ ๐ญ๐จ ๐๐ข๐ฏ๐ž ๐ข๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/2936/

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž

Probiotics
Proteins & Amino Acids
Phytochemicals & Plant Extracts
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
Vitamins
Prebiotics
Carotenoids
Minerals
Others (Glucosamine, Chondroitin, and Polyols)

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Function food
Oils
Biscuits & bars
Baby food
Cereals
Bread
Confectionery
Others
Dietary supplements
Vitamins & Mineral Supplements
Probiotic Supplements
Pet supplements
Nutricosmetics
Protein supplements
Others
Functional beverages
Energy drinks
Sports drink
Others

๐›๐ฒ ๐…๐จ๐ซ๐ฆ

Capsules & Tablets
Liquid
Powder
Others

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Conventional Stores
Grocery Stores
Mass Merchandisers
Warehouse Clubs
Online Retailers
Specialty Stores
Bakery Stores
Confectionery Stores
Gourmet Stores
Health Centers
Cosmetics Stores

๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Abbot Laboratories
2. Amway Corporation
3. Archer Daniels Midland Company
4. Bactolac Pharmaceutical Inc
5. BASF SE,
6. Cargill
7. Chaitanya Agro Biotech Pvt. Ltd.
8. Danone SA
9. DSM
10. DuPont de Nemours, Inc.,
11. General Mills, Inc.
12. Glanbia Plc
13. GlaxoSmithKline Plc
14. Hain Celestial Group, Inc.
15. HempFlax Group BV.
16. Herbalife International of America, Inc.
17. Kellogg Company
18. Kraft Heinz Company
19. Nature's Bounty
20. Nestle S.A.,
21. PepsiCo, Inc.
22. Perrigo Company Plc
23. Pfizer Inc.
24. Tyson Foods

๐ƒ๐ข๐ฏ๐ž ๐ƒ๐ž๐ž๐ฉ๐ž๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ƒ๐š๐ญ๐š! ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐’๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฉ๐š๐ ๐ž ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/market-report/nutraceutical-market-global/2936/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ฎ๐ญ๐ซ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Nutraceutical ?
What is the growth rate of the Nutraceutical Market?
Who are the key players in the Nutraceutical market?
Who are the leading companies and what are their portfolios in Nutraceutical Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Nutraceutical Market?
Which are the factors expected to drive the Nutraceutical market growth?
What are the different segments of the Nutraceutical Market?
What growth strategies are the players considering to increase their presence in Nutraceutical ?
What are the upcoming industry applications and trends for the Nutraceutical Market?
What segments are covered in the Nutraceutical Market?
What segments are covered in the Nutraceutical Market?
What are the key opportunities in the market?
What factors restrain the market growth?


๐„๐ฑ๐œ๐ข๐ญ๐ž๐ ๐ญ๐จ ๐๐ข๐ฏ๐ž ๐ข๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/2936/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐ž๐๐ ๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐ :

Flexible Electronics and Circuit Market https://www.maximizemarketresearch.com/market-report/flexible-electronics-and-circuit-market/14601/

Floor Lamps Market https://www.maximizemarketresearch.com/market-report/floor-lamps-market/146940/

Traumatic Brain Injuries Treatment Market https://www.maximizemarketresearch.com/market-report/traumatic-brain-injuries-treatment-market/14716/

Pharma 4.0 Market https://www.maximizemarketresearch.com/market-report/pharma-4-0-market/148633/

Global AI in Telecommunication Market https://www.maximizemarketresearch.com/market-report/artificial-intelligence-telecommunication-market/1639/

Global Application Specific Integrated Circuits Market(ASIC) https://www.maximizemarketresearch.com/market-report/global-application-specific-integrated-circuits-market-asic/16493/

Surgical Suture Market https://www.maximizemarketresearch.com/market-report/global-surgical-suture-market/16660/

Europe Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/europe-electric-vehicle-market/1730/

Clinical Trials Market https://www.maximizemarketresearch.com/market-report/clinical-trials-market/189646/

Global Adsorbent Market https://www.maximizemarketresearch.com/market-report/global-adsorbent-market/22845/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vietnam's Nutraceutical Market Poised for Significant Expansion by 2029 here

News-ID: 3812299 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Smart Monitoring Ushering in Next-Gen Mobility Solutions
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma โ€ฆ
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion. GPS Tracking Device Market Overview: The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,โ€ฆ
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2025-2032
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 โ€ฆ
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion. Iron and Steel Slag Market Overview: Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile materialโ€ฆ
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% from 2024 to 2032
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% โ€ฆ
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion. Shooting Ranges Market Overview: Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum ofโ€ฆ
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone Revolution at a CAGR of 13.95% from 2025 to 2032
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R โ€ฆ
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million. Fuel Cell UAV Market Overview: Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alikeโ€ฆ

All 5 Releases


More Releases for Nutraceutical

Emerging Trends Influencing The Growth Of The Nutraceutical Excipients Market: I โ€ฆ
The Nutraceutical Excipients Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. How Big Is the Nutraceutical Excipients Market Size Expected to Be by 2034? The market size for nutraceutical excipients has notably expanded over the past few years. It is projected to increase from $4.03 billionโ€ฆ
Key Influencer in the Nutraceutical Contract Manufacturing Services Market 2025: โ€ฆ
How Are the key drivers contributing to the expansion of the nutraceutical contract manufacturing services market? Anticipated growth in the nutraceutical contract manufacturing services market is forecasted to be fuelled by an increase in chronic disease prevalence. Chronic diseases, defined as health conditions with persistent and long-term effects, typically lasting at least three months and potentially worsening over time, necessitate the need for quality nutraceutical products. Nutraceutical contract manufacturing enables theโ€ฆ
Prominent Nutraceutical Packaging Market Trend for 2025: Sustainable Packaging G โ€ฆ
What combination of drivers is leading to accelerated growth in the nutraceutical packaging market? The trend toward better health is anticipated to boost the nutraceutical packaging market's expansion. The growing awareness and understanding of the link between health and diet have sparked an increased interest in naturally derived food products offering precise therapeutic benefits. Nutraceutical foods, which provide health or medicinal advantages, including disease prevention or treatment, are of particular interest.โ€ฆ
Marine Nutraceutical Market Outlook: Opportunities and Challenges
According to the latest analysis, the global marine nutraceutical market value is projected to increase from USD 3,965.4 million in 2024 to USD 9,606.7 million by 2034. Over the next decade, global marine nutraceutical demand will likely rise at a CAGR of 9.3%. Multiple factors are expected to stimulate growth of the marine nutraceutical industry during the assessment period. These include: Growing awareness about the potential health benefits of marine nutraceuticals Increasing demandโ€ฆ
The Nutraceutical Boom: Key Insights for 2024
"The Business Research Company recently released a comprehensive report on the Global Nutraceuticals Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample ofโ€ฆ
Dairy Nutritional and Nutraceutical Ingredients Market To Reach USD 30,887.4 Mil โ€ฆ
Dairy nutritional and nutraceutical ingredients are milk-based ingredients that are high in essential vitamins like protein and calcium and are commonly used in the production of dairy products.The Dairy Nutritional and Nutraceutical Ingredients Market 2021 industry Research Report is the result of a thorough examination of the industry, summarised in a basic overview. The overview includes the market definition, primary applications, and manufacturing technology used. The Dairy Nutritional and Nutraceuticalโ€ฆ