Japan Dietary Supplements Market Trends, Share, Size, Demand, Revenue and Future Outlook
Japan Dietary Supplements Market Growth, Size, Trends Analysis- By Type, By Mode of Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: NUTR2402 | Pages: 1 - 102 | Formats*: |
| Category : Nutraceuticals | |||
Japan Dietary Supplements Market Introduction and Overview
According to SPER Market Research, the Japan Dietary Supplements Market is estimated to reach USD 15.56 billion by 2033 with a CAGR 5.85%.
The report includes an in-depth analysis of the Japan Dietary Supplements Market, including market size and trends, product mix, distribution channels, and supplier analysis. The purpose of dietary supplements is to fill in the nutritional gaps in a person's diet and support general health and wellbeing. Capsules, tablets, powders, liquids, and soft gels are some of their different forms. These supplements are frequently taken to support or improve certain areas of health, like weight management, joint health, energy levels, and immune function.
- Kirin Holdings has agreed to acquire Australian vitamin company Blackmores in April 2023 as part of the Japanese brewer's expansion into health products to reduce its reliance on beer. Kirin is expanding into healthcare as the alcoholic beverage industry becomes more controlled. Kirin's move away from beer contrasts with larger competitors like Anheuser-Busch InBev and Asahi Group Holdings, which are doubling down on alcohol and investing in higher-end sectors like craft breweries.
- In April 2023, a well-known Japanese oyster brand entered the supplement sector by launching zinc-rich pills made from oyster components, aimed for beauty and health-conscious women. The "8th Sea Oyster Supplement" was created by Professor Hitoshi Shirakawa of Tohoku University's Graduate School of Agricultural research, who specializes in nutritional research and molecular biology.
- Neopharma Japan released "WIZALA," the first 5-ALA supplement for pups and kittens, in October 2022.
Market Opportunities and Challenges
Opportunities: Increased consumer awareness of the value of physical and mental well-being is driving rising demand for dietary supplements in Japan. Botanical supplements containing components such as ashwagandha and ginseng are predicted to see an increase in demand due to their stress-relieving properties. The use of energy-boosting nutritional supplements has grown in popularity, with gummies emerging as the most practical method of ingestion. They are popular among Japanese millennials due to their high vitamin B, ginseng, and guarana content. The rise in skin and hair problems has prompted Japanese consumers to buy health supplements filled with Vitamin E, Vitamin C, biotin, magnesium, and other micronutrients. The growing emphasis on women's health is leading manufacturers to develop health supplements.
Challenges: Dietary supplements are generally pricey to customers. Furthermore, rising raw material prices drive up the cost of final products. As a result, price-conscious consumers prefer lower-cost alternatives such as fruits, vegetables, meat, and fish, which may limit market growth in the coming years. Furthermore, government intervention in guaranteeing food product safety and efficiency is posing additional obstacles for businesses. Ingredients used in supplement products must adhere to regulatory guidelines. These regulatory hurdles will have a further impact on market expansion.
Market Competitive Landscape
The report provides an appropriate analysis of the key organizations/companies involved in the Japan Dietary Supplements Market, as well as a comparative evaluation based on their product offering, business overviews, geographical presence, enterprise strategies, segment market share, and SWOT analysis. Major companies are Takeda Pharmaceutical Company Limited, Otsuka Pharmaceutical Co., Ltd, Daiichi Sankyo Company, Limited, Eisai Co., Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Mode of Application, By Distribution Channel |
| Regions covered | Kanto Region, Kniki Region, Central/Chubu Region, Kyushu-Okinawa Region, Chugoku Region Shikoku Region |
| Companies Covered | Takeda Pharmaceutical Company Limited, Otsuka Pharmaceutical Co., Ltd, Daiichi Sankyo Company, Limited, Eisai Co. Ltd, Meiji Holdings Co Ltd. |
COVID-19 Impact on Japan Dietary Supplements Market
The market for dietary supplements in Japan has experienced conflicting effects from the Covid-19 epidemic. The market has seen a rise in demand for products that promote immunological health and general well-being, notwithstanding early supply chain and manufacturing difficulties brought on by lockdowns and restrictions. Sales of immune-boosting supplements have surged as consumers have grown more health conscious and are looking for ways to fortify their immune systems. Due to social distancing measures, customers have resorted to online platforms to buy dietary supplements, which has hastened the trend towards e-commerce channels. But some consumers' purchasing power has been impacted by job losses and economic uncertainty, which has made them more frugal with discretionary spending, particularly on dietary supplements.
Type Insights: The Japan Dietary Supplements Market is divided into several types, including minerals, vitamins, enzymes, probiotics, botanicals, amino acids, and others. The vitamins category is expected to increase at a faster rate than the others over the projected period. The vitamins section primarily comprises of a wide selection of vitamins, ranging from vitamin C and D to multivitamin combinations. Vitamins are popular with Japanese consumers because of their widespread perception, availability, and supposed health benefits. The vitamin sector is popular among individuals of all ages because of its versatility and widespread understanding of vitamins.
Key Target Audience
- Health-conscious individuals
- Aging population
- Sports and fitness enthusiasts
- Women (pregnancy and menopause)
- Individuals with specific health concerns
- Vegan and vegetarian consumers
- Children and adolescents
Our in-depth analysis of the Japan Dietary Supplements Market includes the following segments:
| By Type: | |
| By Mode of Application: | |
| By Distribution Channel: | |
| By Region: |
Key Topics Covered in the Report
- Japan Dietary Supplements Market Size (FY’2024-FY’2033)
- Overview of Japan Dietary Supplements Market
- Segmentation of Japan Dietary Supplements Market By Type (Minerals, Vitamins, Enzymes, Probiotics, Botanicals, Amino Acids, Others)
- Segmentation of Japan Dietary Supplements Market By Mode of Application (Tablets, Capsules, Liquid, Powder, Soft Gels, Gel Caps)
- Segmentation of Japan Dietary Supplements Market By Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online)
- Statistical Snap of Japan Dietary Supplements Market
- Expansion Analysis of Japan Dietary Supplements Market
- Problems and Obstacles in Japan Dietary Supplements Market
- Competitive Landscape in the Japan Dietary Supplements Market
- Impact of COVID-19 and Demonetization on Japan Dietary Supplements Market
- Details on Current Investment in Japan Dietary Supplements Market
- Competitive Analysis of Japan Dietary Supplements Market
- Prominent Players in the Japan Dietary Supplements Market
- SWOT Analysis of Japan Dietary Supplements Market
- Japan Dietary Supplements Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Japan Dietary Supplements Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Japan Dietary Supplements Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Dietary Supplements Market
7. Japan Dietary Supplements Market, By Type (USD Million) 2020-2033
7.1. Japan Dietary Supplements Market Size, Share and Forecast, By Type, 2020-20267.2. Japan Dietary Supplements Market Size, Share and Forecast, By Type, 2027-20337.3. Minerals7.4. Vitamins7.5. Enzymes7.6. Probiotics7.7. Botanicals7.8. Amino Acids7.9. Others
8. Japan Dietary Supplements Market, By Mode of Application (USD Million) 2020-2033
8.1. Japan Dietary Supplements Market Size, Share and Forecast, By Mode of Application, 2020-20268.2. Japan Dietary Supplements Market Size, Share and Forecast, By Mode of Application, 2027-20338.3. Tablets8.4. Capsules8.5. Liquid8.6. Powder8.7. Soft Gels8.8. Gel Caps
9. Japan Dietary Supplements Market, By Distribution Channel (USD Million) 2020-2033
9.1. Japan Dietary Supplements Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Japan Dietary Supplements Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Pharmacy9.4. Supermarket/Hypermarket9.5. Online
10. Japan Dietary Supplements Market Forecast, 2020-2033 (USD Million)
10.1. Japan Dietary Supplements Market Size and Market Share
11. Japan Dietary Supplements Market, By Region, 2020-2033 (USD Million)
11.1. Japan Dietary Supplements Market Size and Market Share By Region (2020-2026)11.2. Japan Dietary Supplements Market Size and Market Share By Region (2027-2033)11.3. Kanto Region11.4. Kinki Region11.5. Central/ Chubu Region11.6. Kyushu-Okinawa Region11.7. Chugoku Region11.8. Shikoku Region
12. Company Profile
12.1. Takeda Pharmaceutical Company Limited
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Otsuka Pharmaceutical Co., Ltd
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Daiichi Sankyo Company, Limited
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Eisai Co., Ltd
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. Meiji Holdings Co., Ltd
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Japan Dietary Supplements Market is projected to reach USD 15.56 billion by 2033, growing at a CAGR of 5.85% during the forecast period.
Japan Dietary Supplements Market grew in Market size from 2022. The Market is expected to reach USD 15.56 billion by 2033, at a CAGR of 5.85% during the forecast period.
Japan Dietary Supplements Market CAGR of 5.85% during the forecast period.
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Japan Dietary Supplements Market size is USD 15.56 billion from 2024 to 2033.
Japan Dietary Supplements Market Segment is covered By Type, By Mode of Application, By Distribution Channel.
The Asia-Pacific is anticipated to have the highest Market share in the Japan Dietary Supplements Market .
The key players in the Market include Companies Covered Takeda Pharmaceutical Company Limited, Otsuka Pharmaceutical Co., Ltd, Daiichi Sankyo Company, Limited, Eisai Co., Ltd, Meiji Holdings Co, Ltd.
The purpose of dietary supplements is to fill in the nutritional gaps in a person's diet and support general health and wellbeing.
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