Malaysia Dietary Supplements Market, By Product Type (Vitamin, Combination Dietary Supplement, Herbal Supplement, Fish Oil & Omega Fatty Acid, Protein, Other), By Form (Tablets, Capsules, Powder, Liquids, Soft Gels/Gel Cap), By Distribution Channel (Pharmacies & Drug Stores, Supermarkets & Hypermarkets, Online, Others), By Application (Energy & Weight Management, General Health, Bone & Joint Healt
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMalaysia Dietary Supplements Market, By Product Type (Vitamin, Combination Dietary Supplement, Herbal Supplement, Fish Oil & Omega Fatty Acid, Protein, Other), By Form (Tablets, Capsules, Powder, Liquids, Soft Gels/Gel Cap), By Distribution Channel (Pharmacies & Drug Stores, Supermarkets & Hypermarkets, Online, Others), By Application (Energy & Weight Management, General Health, Bone & Joint Healt
Malaysia dietary supplements
As per the National Library of Medicine, in 2019, there was a prevalence of 54.1% of vitamin or mineral supplements and 40.2% of the food intake in adolescents. In the case of younger adolescents and boys, their use was significantly higher. Vitamin C and bee products were the most common vitamin and mineral supplements and food supplements consumed.
Growing Focus on Healthcare will Spike the Demand for Dietary Supplements
According to Asia-Pacific Journal of Public Health, the most consumed vitamin/mineral supplements in Malaysia was vitamin C (72.4%), followed to a much lesser extent by multivitamin (11.3%) and iron (7.0%); bee products were the most commonly consumed food supplement (25.9%), followed by fish oil (23.2%) and spirulina (16.2%).
Increasing Advancement in the Healthcare Sector
Malaysia is investing in the development of its healthcare system. The medical industry has been using automation tools such as robots and artificial intelligence to improve the patient's care and simplify a series of operations. Also, the country was significantly improved by developing public health initiatives, applying new medical technologies, and making improvements in economics and education. This has resulted in a considerable improvement of the patterns of morbidity and mortality, as well as other indicators related to health status such as life expectancy at birth. Fragmented healthcare delivery and financing systems are the result of increased demands on various providers, including the voluntary and private (for-profit and non-profit) sectors, to close gaps in population and service coverage. There has been a surge in research and development activities in the Malaysia dietary supplements market. It is possible that the scope of availability of dietary supplements over the counter such as pharmacies may have led to an increased prevalence of dietary supplements, since no regulation exists on the sales of these medicinal products in Malaysia. Commercial advertising may also influence the use of dietary supplements.
Recent Development
- In April 2023, Amway (Malaysia)Holdings Berhad (AMWAY Malaysia) recently launched the Gut Reset-WeightManagement educational and awareness nationwide campaign to strengthen further itsefforts to address non-communicable diseases (NCDs). For the financial yearended December 31, 2022, AMWAY Malaysia set a new revenue record of RM1,514.8million which was up 1.9% compared to what it had achieved in the previousfiscal year. The strong demand for products in the areas of health andwellness, as well as personal care under the lead with nutrition program hasled to an increase in the sales of dietary supplements.
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Market Segmentation
The Malaysia dietary supplements market is segmented into product type, form, distribution channel, application, end user, and company. Based on product type, the Malaysia dietary supplement market is divided into vitamins, combination dietary supplement, herbal supplement, fish oil & omega fatty acid, protein, and other. Based on form, the Malaysia dietary supplement market is categorized into tablets, capsules, powder, liquids, and soft gels. Based on distribution channel, the Malaysia dietary supplement market is categorized into pharmacies & drug retailers, supermarkets & hypermarkets, online, and others. Based on application, the Malaysia dietary supplement market is categorized into energy & weight management, general health, bone & joint health, immunity, and others. Based on end user, the Malaysia dietary supplement market is categorized into infants, children, adults, pregnant females, and geriatric. Based on region, the Malaysia dietary supplement market is segmented into East Malaysia and West Malaysia.
Company Profiles
CCM Pharmaceuticals (S) Pte Ltd, Amway nutrilite, Champs, Nature's Way, Flavettes, Blackmores, 21st Century, Hovid Berhad, Suntory, and W.H. Pharmaceutical
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, volume forecasting, Company shares, competitive landscape, growth factors, and trends |
| Segments covered | Product Form Distribution Channel Application End User Region |
| Country scope | Scotland, South-East, London, South-West, East-Anglia, Yorkshire & Humberside, and East Midlands |
| Key companies profiled | CCM Pharmaceuticals (S) Pte Ltd, Amway nutrilite, Champs, Nature's Way, Flavettes, Blackmores, 21st Century, Hovid Berhad, Suntory, and W.H. Pharmaceutical |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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