Future of Taiwan Food Supplement Market Till 2027: R&D, Functional Ingredients, and Exports | Most Leading Companies - Far East Bio-Tec Co., Ltd., Orient EuroPharma Co., Ltd., Taiwan Biotech Co., Ltd

The Taiwan Food Supplement Market recorded a value of US$ 957.50 million in 2023 and is expected to reach US$ 1220.02 million in 2027, growing at a CAGR of 6.41% during the forecast period (2024-2027).

Latest Updates:

✦ Red yeast rice supplement scandal impact: Following the Kobayashi red yeast rice crisis, Taiwan authorities reported six cases of acute kidney failure linked to contaminated supplements. Around 154 products have been recalled by approximately 100 Taiwanese companies using the implicated ingredient

✦ Import exemptions for personal-use supplements: As of July 6, 2023, Taiwan's TFDA exempts personal-use dietary supplements (capsules/tablets) from inspection if they meet criteria each product type ≤12 bottles and total ≤36 bottles, individual food items under US $1,000 and 6 kg

✦ GMP certification for export-focused supplement makers: Taiwan's FDA introduced "Guidelines on Good Manufacturing Practice for Health Supplements" on May 20, 2020. By June 2022, 27 factories had received GMP certification and were exporting to Malaysia, Vietnam, the Philippines, Indonesia, and more

✦ Stricter nutrition and health claim rules: New rules finalized in March 2024 require precise quantification for nutrition claims. For example, "high protein" labels must contain at least 12g per 100g or 6g per 100ml, with similar strict criteria for fiber, fats, sugar, sodium, cholesterol, and lactose

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Taiwan Food Supplement Market Overview

Taiwan food supplements refer to products manufactured or marketed in Taiwan that are designed to supplement the diet and provide nutrients such as vitamins, minerals, herbs, amino acids, or other beneficial substances. These supplements are regulated by Taiwan's Ministry of Health and Welfare under specific food safety and labeling laws to ensure quality, safety, and consumer protection.

Research Methodology:

The global Taiwan Food Supplement Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.

Segment Covered in the Taiwan Food Supplement Market:

By Ingredient: Vitamins, Botanicals, Minerals, Protein & Amino Acids, Omega Fatty Acids, Probiotics, Others

By Dosage: Tablet, Capsules, Liquid, Powder, Others, , By Application, Gastrointestinal Health, Gut Microbiota/Microbiome Balance, Digestion, Constipation, Bloating, Diarrhea, Leaky Gut, Inflammation, Gluten sensitivity, Abdominal Pain, GERD/Helicobacter pylori, Antibiotic-Associated Diarrhea/Post-Antibiotic Treatment, Gut Flora/Gut Microbiome Restoration, Others, Vaginal Health, Urinary Tract Health, Kidney Stones, UTIs, Others, Oral Health, Anti/Healthy Ageing, Allergies/Asthma, Bone & Joint Health, Osteoarthritis, Osteoporosis/Low Mineral Bone Density, Inflammation, Brain/Mental Health, Sleep, Cognition, Mood, Depression, Focus, Cardiovascular Health, Circulation, Energy/Fatigue Reduction, Metabolic Syndrome/Blood Glucose, Liver Health, Energy, Immunity/Respiratory Infections, Nutrient Absorption, Skin-Hair-Nails, Atopic Dermatitis & Eczema, Acne, Rosacea, Hair Growth/Hair Loss, Skin Microbiome, Others, Sports, Women's Health, Fertility, Menopause, Pregnancy, Pcos, Vaginal Health & Health Vaginal Microbiome, Vaginal Infections (Bv/Vvc) , Pregnancy Outcomes, Others, Men'S Health & Men'S Fertility, Weight Management, Pediatric Health, Colic, Constipation, Regurgitation, Atopic Dermatitis, Others

By Age: Infant, Children, Adults, Seniors, , By Distribution Channel, Supermarkets/Hypermarkets, Pharmacies and Drug Stores, Convenience Stores, Online Retailers

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List of the Key Players in the Taiwan Food Supplement Market:

Far East Bio-Tec Co., Ltd., Orient EuroPharma Co., Ltd., Taiwan Biotech Co., Ltd, Taiyen Biotech Co., Ltd., Tensall Bio-Tech Co., Ltd., GenMont Biotech Inc., and Herb & Health

Regional Analysis for Taiwan Food Supplement Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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The Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Go-to-market Strategy.

➡ Neutral perspective on the market performance.

➡ Customized regional/country reports as per request and country level analysis.

➡ Potential & niche segments and regions exhibiting promising growth covered.

People Also Ask:

➠ What are the global sales, production, consumption, imports, and exports in the Taiwan Food Supplement market?

➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?

➠ What key opportunities and challenges do vendors face in the Taiwan Food Supplement industry?

➠ Which product types, applications, or end-users are driving market growth, and what is their market share?

➠ What are the major growth drivers and restraints of the Taiwan Food Supplement market?

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