Thailand Dietary Supplements Market (2020-2026) | Trends, Industry, Segmentation, Share, Analysis, Growth, Size, Revenue, Value, Outlook & COVID-19 IMPACT

Thailand Dietary Supplements Market | Country-Wise Share and Competition Analysis

In the year 2021, Australia  was the largest exporter in terms of value, followed by Japan. It has registered a growth of 103.88% over the previous year. While Japan registered a decline of -1.66% as compare to the previous year. In the year 2017 Japan was the largest exporter followed by Australia. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Thailand has the Herfindahl index of 1346 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  1624 which signifies moderately concentrated in the market.

Thailand Dietary Supplements Market - Export Market Opportunities

Topics Covered in the Thailand Dietary Supplements Market

Thailand Dietary Supplements Market report thoroughly covers the market by ingredient, by form, by application, by end user, and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Development of the Thailand Dietary Supplements Market

Thailand Dietary Supplements Market is projected to experience significant growth over the next few years. This is attributed to consumer health awareness rising, a surge in demand for natural products, and improvements in technology and supplement formulations. Additionally, more people are now adopting preventive healthcare methods to maintain their health, therefore turning towards dietary supplements as an additional or alternative approach. To meet this burgeoning market demand, new players are entering the Thailand Dietary Supplements Industry while current ones are further extending their product ranges for different target audiences.

Thailand Dietary Supplements Market Synopsis

Thailand Dietary Supplements Market has experienced considerable growth, expecting to reach a CAGR of XX% during the forecast period. Consumers are becoming more aware of the importance of health and wellness, propelling demand for vitamins and minerals on account of their several advantages like boosting immunity and strengthening bones. In general, herbal supplements are also gaining popularity due to its considered natural qualities and focus on traditional healthcare. Distribution via retail stores play an integral part in revenues, with pharmacies and drugstores standing out as reliable options due to convenience and specialist advice from pharmacists. The Asia Pacific Dietary Supplements Market is anticipated to be the most important market in the world for dietary supplements as manufacturers are continue innovating products that meet rules regulated by FDA agencies.

According to 6Wresearch, the Thailand Dietary Supplements Market size is set to witness growth during 2020-26. The market is growing mainly due to increased health consciousness among consumers, higher disposable incomes, and changing lifestyles. Additionally, rising demand for natural and organic supplements is likely to spur the Thailand Dietary Supplements Market Growth. Nevertheless, regulatory constraints, concerns regarding efficacy and safety of some products, and competition from other industries like pharmaceuticals are the factors expected to restrain the market growth to some extent. Despite these hindrances, the industry is set to benefit from its large population with an emphasis on health and wellness.

COVID-19 Impact on the Thailand Dietary Supplements Market

The COVID-19 pandemic has had considerable influence on the Thailand dietary supplements market. The pandemic has brought up several health concerns due to which many consumers have been turning to dietary supplements to improve their immune systems, fuelling demand for vitamin C and other immunity-boosting supplements. However, disruptions in supply chains caused by the pandemic have resulted in product shortages and postponed product launches.

Key players in the Thailand Dietary Supplements Market

The Thailand Dietary Supplements Market is a growing industry with many players in the market. The major companies have been constantly innovating new products and excellent customer service.

• Amway (Thailand)
• Herbalife Nutrition (Thailand)
• Nu Skin Enterprises Inc.
• Unicity International Inc.
• Jeunesse Global Holdings LLC
• Usana Health Sciences Inc.

Market Analysis by Distribution Channel

According to Dhaval, Research Manager, 6Wresearch, the OTC distribution channels are leading the Thailand dietary supplements market share as it enables the sale and purchase of dietary supplements without a prescription. On the other hand, prescribed segment involves prescription from healthcare professionals for specific health conditions.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand Dietary Supplements Market Outlook
• Market Size of Thailand Dietary Supplements Market, 2019
• Forecast of Thailand Dietary Supplements Market, 2026
• Historical Data and Forecast of Thailand Dietary Supplements Revenues & Volume for the Period 2016 - 2026
• Thailand Dietary Supplements Market Trend Evolution
• Thailand Dietary Supplements Market Drivers and Challenges
• Thailand Dietary Supplements Price Trends
• Thailand Dietary Supplements Porter's Five Forces
• Thailand Dietary Supplements Industry Life Cycle
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Ingredient? for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Vitamins for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Botanicals for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Minerals for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Proteins & Amino Acids for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Fibers & Specialty Carbohydrates for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Omega Fatty Acids for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Form? for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Tablets for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Capsules for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Soft gels for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Powders for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Gummies for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Liquids for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Application? for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Energy & Weight Management for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By General Health for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Bone & Joint Health for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Gastrointestinal Health for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Immunity for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Cardiac Health for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Diabetes for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By End user for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Adults for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Geriatric for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Pregnant Women for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Children for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Infants for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By OTC for the Period 2016 - 2026
• Historical Data and Forecast of Thailand Dietary Supplements Market Revenues & Volume By Prescribed for the Period 2016 - 2026
• Thailand Dietary Supplements Import Export Trade Statistics
• Market Opportunity Assessment By Ingredient?
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Application?
• Market Opportunity Assessment By End user
• Market Opportunity Assessment By Distribution Channel
• Thailand Dietary Supplements Top Companies Market Share
• Thailand Dietary Supplements Competitive Benchmarking By Technical and Operational Parameters
• Thailand Dietary Supplements Company Profiles
• Thailand Dietary Supplements Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Ingredient

• Vitamins
• Botanicals
• Minerals
• Proteins & Amino Acids
• Fibers & Specialty Carbohydrates
• Omega Fatty Acids
• Others

By Form

• Tablets
• Capsules
• Soft Gels
• Powders
• Gummies
• Liquids
• Others

By Application

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Others

By End User

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

By Distribution Channel

• OTC
• Prescribed