The Report “Asia-Pacific Minerals (Nutraceuticals) Market by Application (Functional Food, Functional Beverages, Dietary Supplement, Animal Nutrition, Personal Care) Analysis and Forecast to 2019” is estimated to reach $1,020.1 million by 2019, at a CAGR of 7.3% from 2014 to 2019.
Browse through the TOC of the Asia-Pacific Minerals (Nutraceuticals) Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Local governmental bodies in the Asia-Pacific region are making huge investments on infrastructure, transportation, and other facilities. This has driven various global multinational companies to set up their bases in this region. Due to this trend, there has been rapid urbanization and industrialization, which in turn has led to a large consumer base having sufficient amounts of disposable income. These consumers are highly educated, and increasingly aware of the benefits associated with proper nutrition. This awareness has further led to a steady rise in the overall demand of fortified minerals, thereby resulting in the exponential growth of the Asia-Pacific minerals market.
Among all countries in the Asia-Pacific region, Japan dominates the minerals market by accounting for a market share of 42.5%. This growth is mainly attributed to the increasing demand of minerals, especially among the female population. Osteoporosis is a serious condition of bone mass reduction and density that can lead to fractures. The Japanese diet seems to be lacking in calcium, due to lower intake of dairy products. Therefore, the consumption of minerals, such as calcium through dietary supplements and functional foods are progressing at a rapid pace in Japan.
The minerals market is segmented on the basis of application into functional food, functional beverages, dietary supplements, animal nutrition, and personal care. Dietary supplement is the most preferred application of minerals. On the basis of geographical segmentation, the market is sub-divided into Japan, China, India, and Australia among others.
This report offers a comprehensive overview of market share and value chain analysis, in addition to market metrics such as drivers and restraints. It also presents competitive landscape and company profiles of key players in the Asia-Pacific minerals market.
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