Rising Diabetic Population and Incline in Incidence and Prevalence of Acute and Chronic Wounds to Aid in India Wound Care Market Growth: Ken Research


Both chronic and acute wounds cases have inclined by 3-4% annually in the last five years. The prevalence rate of chronic wounds in India stood at 4.5 per 1,000 population and incidence rate of acute wounds was more than double at 10.5 per 1,000 people as of FY’2016. Incidence and prevalence of both acute and chronic wounds are likely to incline in the near future by 4-5% annually.

India is the diabetes capital in the world with 74.4 million diabetic patients in 2016. Prevalence of diabetes in Indians was recorded at 2.4% in rural areas and 12-17% in urban population. The prevalence of foot ulcers in diabetic patients was recorded at a staggering 3%, with recurrence rate of diabetic foot ulcers as high as 66% in 2016. This presents huge opportunity for advanced wound care products which provide much needed relief in treatment of moist wounds, especially when the number of diabetic patients is anticipated to double by 2030. Wound Care Market, Wound Management Market Share ,Market Size Traditional wound Care Market, Market Growth Wound Care Advanced Wound Care Market Trends, Market Research Report Wound Care, Johnson and Johnson Market Share ,Wound Care Products Market Segmentation, Advanced wound care Industry, Bioactive Wound Care Market Analysis, Collagen Dressing Wound Care Products Market, Asia Wound Management Market.

The National Programme for Prevention of Burn Injuries was setup in 2011 as a pilot project. The goal is to ensure prevention of burns and capacity building of infrastructure and manpower at different levels of health care delivery system. The programme aims to provide timely and adequate treatment to burn patients and reduce mortality, complications along with providing effective rehabilitation to the survivors. The programme was launched in the current Five Year Plan (2012-2017) in Medical colleges and their adjoining district hospitals in few states.

Owing to perception of high cost-low benefit for advanced wound care products, the use of traditional products has been rampant in the country. However, traditional wound care products are gradually being replaced by advanced wound care products due to their efficacy and usefulness in managing wounds by enabling faster healing. Advanced wound care is practiced mostly in large private or public healthcare centers wherein patients can afford to pay for the high cost advanced wound care materials. The advanced wound care market in India still needs to make significant strides before it can overtake the huge traditional wound care market, as in developed countries.

The wound care market in India is quite a fragmented one characterized by the presence of several manufacturers and fierce competition existing between them. Companies such as Johnson and Johnson, Smith & Nephew and Datt Mediproducts had strong distribution systems and promotion strategies that enabled them to stay ahead in this sector.

Topics Covered in The report

  • Wound Care Market,
  • Wound Management Market Share ,
  • Market Growth Wound Care,
  • Advanced Wound Care Market Trends,
  • Market Developments Collagen,
  • Market Research Report Wound Care,
  • Johnson and Johnson Market Share ,
  • Smith and Nephew Competition India,
  • Wound Care Products Market Segmentation,
  • Tapes and Bandages Market Size,
  • Disinfectants Market in India,
  • Advanced wound care Industry,
  • Wound Care Markets Skin Ulcer Treatment Burn Treatment,
  • Bioactive Wound Care Market Analysis,
  • Collagen Dressing Wound Care Products Market,
  • Asia Wound Management Market,
  • Wound Care Market Size,
  • Wound Care Market Share,
  • Wound Care Market Trends and Forecasts,

The report titled “India Wound Care Market Outlook to 2022 – Rising Medical Surgeries and Increase in Incidence of Acute and Chronic Wounds to Foster Future Growth” by Ken Research suggested the wound care market is anticipated to grow at a CAGR of 20.3% during the period FY’2017-FY’2022.

To know more about the research report:

https://www.kenresearch.com/healthcare/general-healthcare/india-wound-care-market/128724-91.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

https://www.kenresearch.com/blog/2017/08/advanced-wound-care-market-trends/

India Wound Care Market Size by Revenues in INR Million, FY 2012-FY 2017-Ken Research


The wound care market in India is characterized by wound treatment products and medical devices meant for traditional, advanced and surgical purposes. The market has grown at a rapid pace in the last few years owing to the continuous launch of new and advanced products. Aging population, rising surgeries, inclining prevalence of chronic and acute wounds have all contributed to the growth of the wound care market in the country. Wound Care Market, Wound Management Market Share ,Market Growth Wound Care, Advanced Wound Care Market Trends, Market Developments Collagen, Market Research Report Wound Care, Johnson and Johnson Market Share ,Smith and Nephew Competition India, Wound Care Products Market Segmentation, Tapes and Bandages Market Size, Disinfectants Market in India, Advanced wound care Industry, Wound Care Markets Skin Ulcer Treatment, Burn Treatment,Bioactive Wound Care Market Analysis, Collagen Dressing Wound Care Products Market, Asia Wound Management Market, Wound Care Market Size, Wound Care Market Share, Wound Care Market Trends and Forecasts,

The wound care market in India grew at an impressive CAGR of ~% during the period FY’2012-FY’2017. The market registered growth in revenues from INR ~ million in FY’2012 to INR ~ million in FY’2017. The market growth was also fuelled by rise in knee replacement surgeries in the country with over 80,000 knee replacements performed, which represented an incline by 80% in just five years. Furthermore, over 18,000 weight loss surgeries were conducted in India up from just 800 in 2009.

Over 9.3 million cosmetic procedures were performed in the country in 2016 as well. Moreover, India recorded annual burn incidence of approximately 6-7 million every year which resulted in growth of market revenues.

The medical and surgical equipment sector received a total foreign direct investment of INR 83.4 billion between 2000 and 2016. In 2013 alone, FDI inflow was recorded at INR 9.2 billion and the number jumped to INR 10.1 billion in 2015. India is the diabetes capital in the world with 74.4 million diabetic patients in 2016.

Prevalence of diabetes in Indians was recorded at 2.4% in rural areas and 12-17% in urban population. In India, prevalence of foot ulcers in diabetic patients was recorded as 3%. Recurrence rate of diabetic foot ulcers in India was as high as 66% as of 2016 which also augmented the growth in market revenues.

Which Segments Are Doing Well In Wound Care Market In India?

Traditional wound care is the primary treatment approach in India. The segment has witnessed huge demand for products such as cotton, gauge, dressings and bandages. These products are affordable by everyone and enjoy high adoption in medical institutions, clinics and end consumers.

Traditional wound care products were the highest revenue generating segment in the wound care market of the country and accounted for ~% of the overall market share as of FY’2017. Owing to perception of high cost-low benefit for advanced wound care products, the use of traditional products has been rampant. Counterfeit and local substitutes are easily available for products in this segment and there existed a continuous downward pressure on pricing.

NPWT (Negative Pressure Wound Therapy) is the most popular device used in advanced wound management and comprised for ~% market share in the advanced wound care device segment, as of FY’2017. It involves enveloping a non-healing wound coupled with application of negative pressure through foam or gauge dressing. It has been especially been utilized for management of diabetic foot wound. Among newer interventions in diabetic foot wound therapies, NPWT has become an established method of wound management in the last few years. Wound Care Market, Wound Management Market Share ,Market Growth Wound Care, Advanced Wound Care Market Trends, Market Developments Collagen, Market Research Report Wound Care, Johnson and Johnson Market Share ,Smith and Nephew Competition India, Wound Care Products Market Segmentation, Tapes and Bandages Market Size, Disinfectants Market in India, Advanced wound care Industry, Wound Care Markets Skin Ulcer Treatment, Burn Treatment,

Bioactive Wound Care Market Analysis, Collagen Dressing Wound Care Products Market, Asia Wound Management Market, Wound Care Market Size, Wound Care Market Share, Wound Care Market Trends and Forecasts,

Standalone, single-use and portable NPWT devices are available in the market. Commercially available NPWT systems are very expensive are not available in most rural areas of the country.

To know more about the research report:

https://www.kenresearch.com/healthcare/general-healthcare/india-wound-care-market/128724-91.html

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India Pediatric Drugs and Vaccines Market Outlook to 2021 – Rise in Prevalence of Chronic Diseases and Inclusion of Several New Vaccines in National Immunization Programme to Shape Future Growth

Philippines Hospitals Market Outlook to 2021 – Rising Prevalence of Diseases coupled with Increasing Penetration of Health Insurance to Drive the Market

India Diagnostic Laboratories Market Outlook to 2021 – Growing Prevalence of Diseases and Launch of Technologically Advanced Procedures to Drive Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

https://www.kenresearch.com/blog/2017/08/india-wound-care-market-size-revenues-inr-million-fy-2012-fy-2017-ken-research/

Fast Growing Medical Tourism coupled with Rising Burn Injuries and Medical Surgeries to Drive India Wound Care Market Future: Ken Research


  • India has fast become a global health destination, with the medical tourism industry growing at 30% every year. Over 26 million surgeries were performed in the country in 2016 and reportedly the country’s need for surgeries stood at around 65 million. Hence, with increase in number of hospitals and specialized doctors, the number of surgeries performed in the country is going to incline at a steady pace.
  • Osteoarthritis is the most prevalent form of arthritis in India which affects over 15 million adults every year. Only 10% of the Indians undergo the surgery due to fear of late recovery. India is expected to be the osteoarthritis capital of the world by 2025 with over 60 million cases. The current rate of 10% patients undergoing joint replacement surgeries is expected to incline in the near future owing to rising per capita income and increasing disease burden.

India has witnessed rise in cases of burn surgeries including acute and reconstructive surgeries. This was fueled by annual burn incidence of approximately 6-7 million every year. The number of surgical births in the country has risen at an unprecedented rate of 16.7% annually in the last five years. India is set to witness further rise in caesarean surgeries going forward.

Incline in number of cosmetic surgeries including breast augmentation, face lifts, brow lifts, eye lifts and liposuction, surgical births and joint replacement surgeries being conducted in the country have resulted in augmentation of wound care market in India. Wound Care Market,Wound Management Market Share ,Market Growth Wound Care, Advanced Wound Care Market Trends, Market Developments Collagen, Market Research Report Wound Care,Johnson and Johnson Market Share ,Smith and Nephew Competition India, Wound Care Products Market Segmentation, Tapes and Bandages Market Size, Disinfectants Market in India, Advanced wound care Industry, Wound Care Markets Skin Ulcer Treatment, Burn Treatment,Bioactive Wound Care Market Analysis, Collagen Dressing Wound Care Products Market, Asia Wound Management Market, Wound Care Market Size, Wound Care Market Share,Wound Care Market Trends and Forecasts, Over 9.3 million cosmetic procedures were performed in the country in 2016. The market growth was also fuelled by rise in knee replacement surgeries in the country with over 80,000 knee replacements performed, which represented an incline by 80% in just five years. Furthermore, over 18,000 weight loss surgeries were conducted in India up from just 800 in 2009.

Traditional wound care products are likely to be the most widely sold product segment in the mid-long term owing to their low cost factor. Most government hospitals and day clinic centers are likely to keep using traditional wound care products in the near future so as to keep the overall treatment cost down.

“Brand building is important in wound care sector. Companies could strategically promote their products in hospitals, clinics and polyclinics center to attract more orders and should opt for multi-channel distribution of products to achieve greater penetration, according to Research Analyst, Ken Research.

The market research report titled India Wound Care Market Outlook to 2022 – Rising Medical Surgeries and Increase in Incidence of Acute and Chronic Wounds to Foster Future Growthprovides a comprehensive analysis of the wound care market in India. The report focuses on the major products preferred under traditional, advanced and surgical wound care segment across the country. The report covers aspects such as overall wound market by its key segments including traditional, advanced and surgical care, distribution channel, and demand by major cities. The publication also includes competitive landscape, which discusses the major market players along with the detailed discussion about the organizations and their respective market share.  The future analysis of overall India Wound Care Market has also been discussed along with recommendations from analyst view.

The report covers trends about technological developments and rising disease burden. It also includes detailed analysis of the major companies existing in this space including Johnson and Johnson, Smith & Nephew, Datt Mediproducts, 3M India, Coloplast, BSN Medical, Sutures India, KCI Medical, Molnolycke, Covatec and others.

Topics Covered in The report

  • Wound Care Market,
  • Wound Management Market Share ,
  • Market Growth Wound Care,
  • Advanced Wound Care Market Trends,
  • Market Developments Collagen,
  • Market Research Report Wound Care,
  • Johnson and Johnson Market Share ,
  • Smith and Nephew Competition India,
  • Wound Care Products Market Segmentation,
  • Tapes and Bandages Market Size,
  • Disinfectants Market in India,
  • Advanced wound care Industry,
  • Wound Care Markets Skin Ulcer Treatment, Burn Treatment,
  • Bioactive Wound Care Market Analysis,
  • Collagen Dressing Wound Care Products Market,
  • Asia Wound Management Market,
  • Wound Care Market Size,
  • Wound Care Market Share,
  • Wound Care Market Trends and Forecasts,

To know more about the research report:

https://www.kenresearch.com/healthcare/general-healthcare/india-wound-care-market/128724-91.html

 

Related Reports:

India Pediatric Drugs and Vaccines Market Outlook to 2021 – Rise in Prevalence of Chronic Diseases and Inclusion of Several New Vaccines in National Immunization Programme to Shape Future Growth

Philippines Hospitals Market Outlook to 2021 – Rising Prevalence of Diseases coupled with Increasing Penetration of Health Insurance to Drive the Market

India Diagnostic Laboratories Market Outlook to 2021 – Growing Prevalence of Diseases and Launch of Technologically Advanced Procedures to Drive Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

 

https://www.kenresearch.com/blog/2017/08/market-research-report-wound-care/

India Wound Care Market Outlook to 2022- ken Research


Ken Research Latest Report on  “India Wound Care Market Outlook to 2022 – Rising Medical Surgeries and Increase in Incidence of Acute and Chronic Wounds to Foster Future Growthprovides a comprehensive analysis of the overall wound care market by its key segments including traditional (Gauge, Dressings, Tapes, Compression Bandages and Plasters, and Disinfectants), advanced (Dressings and Devices) and surgical care (Sutures, Staples and Glues), distribution channel, and demand by major cities. Wound Care Market ,Market Growth Wound Care ,Sutures Market Wound Care ,Value Chain wound Care ,Advanced wound care Industry . The publication also includes competitive landscape, which discusses the major market players along with the detailed discussion about the organizations and their respective market share.  The future analysis of overall India Wound Care Market has also been discussed along with recommendations from analyst view.

Market Potential

The wound care market in India grew at an impressive CAGR of ~% during the period FY’2012-FY’2017. Incline in incidences of both acute and chronic wounds in the country coupled with rise in number of cosmetic surgeries and surgical births aided in the growth of wound care market in the last few years. The market growth was fuelled by rise in knee replacement surgeries in the country with over 80,000 knee replacements performed, which represented an incline by 80% in just five years. Furthermore, over 18,000 weight loss surgeries were conducted in India up from just 800 in 2009. Over 9.3 million cosmetic procedures were performed in the country in 2016 as well.

Market Segmentation by Type of Wound Care: Traditional wound care is the primary treatment approach in India. Owing to perception of high cost-low benefit for advanced wound care products, the use of traditional products has been rampant. The segment has witnessed huge demand for products such as cotton, gauge, dressings and bandages. These products are affordable by everyone and enjoy high adoption in medical institutions, clinics and end consumers.  Traditional wound care products were the highest revenue generating segment in the wound care market. However, the market for advanced and surgical wound care products has grown at a faster pace than traditional products in the recent past.

Market Segmentation by Type of Advanced Wound Care Devices: Negative Pressure Wound Therapy (NPWT) is the most popular device used in advanced wound management and comprised for highest market share in the advanced wound care device segment, as of FY’2017. Pressure relief devices and hyperbaric oxygen therapy devices had comparatively lower adoption due to superior effectiveness of NPWT. Several other advanced wound care devices including electrical stimulation devices, electromagnetic stimulation devices, ultrasound mist devices and many more are still new to the Indian market and currently had very low penetration.

Competitive Landscape: The wound care market in India is still in its growth phase and is quite a fragmented one characterized by the presence of several manufacturers and fierce competition existing between them. Johnson and Johnson emerged as the market leader in this space, in terms of revenue.  Smith and Nephew and Datt Mediproducts were the next two leading companies. These companies had strong product portfolio along with strong distribution systems and promotion strategies that enabled them to keep hold of their market share.

Future Outlook: India wound care market has been mainly driven by technological advances, increasing aging population, problems associated with ineffective traditional wound healing methods and growing incidences of chronic and acute wounds.  Rising prevalence of diabetes, attempts to lower the duration of hospital stay in order to reduce the healthcare expenses and the growing inclination towards products that enhance therapeutic outcomes are also driving the demand for the advanced wound care products.  India has fast become a global health destination, with the medical tourism industry growing at 30% every year. Over 26 million surgeries were performed in the country in 2016 and reportedly the country’s need for surgeries stood at around 65 million. Hence, with increase in number of hospital and specialized doctors, the number of surgeries performed in the country is going to incline at a steady pace. All these factors would result in greater demand for wound care products and the market is expected to grow at a CAGR of 20.3% during the period FY’2017-FY’2022.

Key Topics Covered in the Report:

  • India Wound Care Market Size, FY’2012-FY’2017
  • India Wound Care Market Segmentation By Type of Wound Care, By Type of Traditional Wound Care Products, By Type of Advanced Wound Care Products, By Type of Advanced Wound Care Dressings, By Type of Advanced Wound Care Devices, By Type of Surgical Wound Care Products,
  • India Wound Care Market Segmentation by distribution channel, FY’2017
  • India Wound Care Market Segmentation by Demand by Cities, FY’2012-FY’2017
  • Trade Scenario in India Wound Care Market
  • Trends and Development in India Wound Care Market
  • Regulatory Landscape in India Wound Care Market
  • Porter Five Forces Analysis in India Wound Care Market
  • Competitive Landscape of Major Players
  • Market Share of Major Players
  • Company Profile of Major Players
  • India Wound Care Market Future Outlook and Projections, FY’2018-FY’2022
  • Analyst Recommendations
  • Macro-economic Factors
  • Wound Care Market
  • Market Growth Wound Care
  • Sutures Market Wound Care
  • Value Chain wound Care
  • Advanced wound care Industry

To know more about the research report:

https://www.kenresearch.com/healthcare/general-healthcare/india-wound-care-market/128724-91.html

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India Pediatric Drugs and Vaccines Market Outlook to 2021 – Rise in Prevalence of Chronic Diseases and Inclusion of Several New Vaccines in National Immunization Programme to Shape Future Growth

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

https://www.kenresearch.com/blog/2017/08/india-wound-care-market-outlook-2022-ken-research/

Rising Demand for Infant Products coupled with Market Players launching Novel Products in this Category to Drive Nutraceuticals Market in Vietnam: Ken Research


High Presence of Geriatric, Obese, and Undernourished Population in the Country to Drive Nutraceuticals Market in Vietnam

In accordance with Vietnam’s culture and with the growing standard of living, parents are becoming more concerned about their child’s growth and nutrition and are willing to spend any amount of significant money over necessity products for babies. Features or characteristics such as brand name, quality of the product and packaging for safety issues are given a priority over the price of product. Baby food generally comes under the category of pediatric nutrition. It has been witnessed that 7.0% of infants are born with low birth weight leading to increase in supplementation for undernourishment among infants. In addition, Vietnam has achieved high rates of supplementation for Vitamin A deficiency among children between 6 to 59 months of age.

The NIN, (National Institute of Nutrition in Vietnam) produces two products namely a multi-nutrient powder and a ready-to-use supplementary food adapted to local taste among the Vietnamese population. Both of these products cater to the needs of pregnant and lactating women, infants, and young children, thus improving the status of Vietnam nutraceuticals sector. The trend has also resulted in high sales of the domestic as well as imported products in Vietnam. A dairy company in Binh Duong Province near Ho Chi Minh City imports formula at VND119,000 for a 900-gram can, and sells at VND308,000, which clearly explains the high demand and margin involved in the infant products in Vietnam.

The revenues of Vietnam nutraceuticals market are observed to continuously increase at a steady pace during the historical period. Health and wellness trends in Vietnam acted as major driver for the nutraceuticals market in the country. The rising awareness and knowledge about health and fitness is one of the major drivers for nutraceuticals market in Vietnam. The Vietnamese population strongly believes that diet has a major role to play in health aspects. Increase in the purchasing power has also helped the Vietnamese population in spending high amount towards good quality nutritional supplements in order to adopt a healthy living lifestyle.

The report titled Vietnam Nutraceuticals Market Outlook to 2021 – Rising Demand For Infant Products and Probiotic Supplements to Foster Future Growthby Ken Research suggested that nutraceuticals market in Vietnam would showcase high growth during the forecast period with a rising standard of living and health consciousness among the Vietnamese population. They believe nutraceuticals products provide good health benefits. The growing investments by the international players like Amway and Yakult Honsha are expected to further increase the awareness about the nutraceuticals in the market, which would fuel the market during the forecast period. Moreover, the growing number of domestic players in the market is further expected to accentuate the growth during the forecast year. Companies such as TH Group and Vietnam Food are continuously engaged in developing new and innovative products for the market.

Topics  Covered in The Report

  • Vietnam Vitamin Supplement Market
  • Vietnam Functional Food Industry
  • Vietnam Functional Beverage Market
  • Vietnam Nutraceutical Market
  • Vitamins and Dietary Supplements in Vietnam
  • Nutritional Supplement Drinks Vietnam
  • vitamins and supplements industry Vietnam
  • Imported Nutraceutical Products Vietnam
  • Herbal Supplements Market in Vietnam
  • Omega 3 Fatty Acid Industry Size in Vietnam
  • Protein and Amino Acid Supplements Sales in Vietnam
  • Ginseng Sales in Vietnam
  • Amway Share in Vietnam
  • Tiens Nutritional Supplements in Vietnam

To know more, click on the link below

https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html

 

 

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

https://www.kenresearch.com/blog/2017/07/rising-demand-infant-products-coupled-market-players-launching-novel-products-category-drive-nutraceuticals-market-vietnam-ken-research/

Ginseng Sales in Japan, Swisse Wellness Nutrition Multi Vitamin Brand, Nutritional Supplements Market Competition


Japan nutraceuticals market has showcased steady growth in between 2011 and 2016 with recorded CAGR of ~% and revenues worth USD ~ million and USD ~ million in years 2011 and 2016 respectively. High demand for beauty and weight loss supplements in Japan acted as major driver for the nutraceuticals market in the country. The fact that Japanese people have been most health, beauty and body conscious in the world with an estimated average annual spending of USD ~ per household for health fortification purposes in 2012 helped nutraceuticals market players generate high revenue from the segment. Owing to the trend, the market has witnessed an increase in beauty supplements that range from whitening tablets to collagen drinks with honeysuckle such as DHC Collagen Powder, Brand’s Innershine Ruby Collagen essence Strips, Orbis collagen the beauty and Jelly and others over the years.

By Dietary Supplements, and Functional Foods and Beverages: Functional foods and beverages dominated the Japan nutraceuticals market with revenue share of ~% in 2011 and ~% in 2016. Supplements which have been observed to be consumed during old age have been observed to dominate the entire market owing to presence of increased geriatric population in Japan. Geriatric population is observed to consume functional foods and beverages at extensive rates.

By Distribution Channel: Mass merchandiser including supermarkets and hypermarkets holds the largest share in the distribution of nutraceuticals in Japan since the pharmacies and convenience stores principally accommodate only best selling products due to the limited selling spaces. Convenience stores (called Combini in Japan) accounted to a share of ~% in the distribution channels of nutraceuticals in Japan in 2016.  Other major distribution channels include pharmacies, door-to-door sales, and mail orders.

Dietary Supplements Segmentation by Type of Supplements

Vitamins and minerals dominated the market with revenue share of ~% in 2016. Owing to high prevalence of vitamin deficiency in the aged population which led to health issues such as osteoporosis, back pain and osteoarthritis. As a part of treatment, doctors in Japan also prescribe the intake of vitamins and mineral supplements. Moreover, in young adults, a high intact parathyroid hormone concentration was also found in Japan due to vitamin D insufficiency, which adversely affects bone mass which in turn led to in-take of more vitamins and minerals supplements.

Functional Foods and Beverages Market Segmentation by Food Category

Health segment dominated the functional food and beverages market with a revenue share worth ~% in Japan functional foods and beverages market in year 2016. With quarter of population living above 65 years of age, Japan has witnessed the problem of deficiency of trace elements, which requires health supplements. The geriatric population of Japan is observed to be deficient of magnesium, zinc, selenium, copper, zinc, lithium, vanadium, and thiamine. ~% of the old age women were observed to be deficient of zinc during a study which included ~ subjects, conducted by La Belle Vie Research Laboratory, Tokyo in year 2015. Digestive and energy boosters segment captured second and third positive with revenue shares of ~% and ~% in 2016 respectively.

Competitive Landscape

Yalkult brand of Yakult Honsha Co. Ltd. is leading in Japan functional food segment of nutraceuticals market majorly due to trust factor associated with the company. Yakult Honsha being founded in Japan in 1935 is one of the oldest companies in Japan. Additionally, the benefits of Yakult have further assisted the product in gaining highest market share in functional foods market of Japan. Among various advantages, yakult helps in preventing digestive disorders (diarrhea and constipation), building immunity and reducing risk of infections. Other major brands which are generating high revenue in functional foods and beverages segment of Japan include Aquaris, Oronamin C, Pocari Sweat, and Lipovitan D. However, among dietary supplements market Amway’s Nutrilite is observed to dominate the market majorly due to wide variety of products that it offers ranging from vitamins and supplements, energy drinks, weight management supplements to sports nutrition.

Japan Nutraceuticals Market Future Outlook & Projections

Japan Nutraceuticals market is expected to grow at a CAGR of ~% during the forecast period owing to high awareness and economic stability to purchase expensive nutraceuticals. The demand for beauty enhancing products is anticipated to be high due to presence of beauty-conscious Japanese. The same could be judged from a fact that anti-aging products have gained high demand in the country with collagen being major ingredient of the supplements and collagen has been recorded to gain ~% demand in between 2007 and 2016. The trend of self-medication is expected to increase during the forecast period and hence more companies will launch more products which will lead in increased intake of the nutraceuticals. Increase in the metabolic syndrome is also expected to drive the nutraceuticals market during the forecast period as the fact that IBS impacts approximately ~% of the population in Japan as of 2016 increases the demand for products used for digestion.

 

Source: https://www.kenresearch.com/healthcare/pharmaceuticals/japan-nutritional-supplements-market/123731-91.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur [@] kenresearch.com
+91-9015378249
www.kenresearch.com

https://www.kenresearch.com/blog/2017/07/ginseng-sales-japan-swisse-wellness-nutrition-multi-vitamin-brand-nutritional-supplements-market-competition/

Blood Glucose Device Market & Forecast (SMBG) (Test Strips, Lancet, Meter)-Worldwide Analysis –Ken Research


Self-Monitoring Blood Glucose (SMBG) Device Market is expected to cross over US$ 16 Billion by 2020 as incidence of diabetes is increasing dramatically. It is estimated that 642 Million people will develop the disease by 2040. This is putting pressure on governments and social institutions to take necessary steps to keep the disease in check and avoid complications in order to ensure that diabetic impact is kept to a minimum. United States is the single largest market for SMBG devices market followed by Russia and United Kingdom. However, China has the highest self-monitoring of blood glucose users compared to other countries.

United States, Russia and United Kingdom together hold more than 63 percent of the total test strips market share whereas in blood glucose meter market China is the dominating country. All big players such as Roche, Bayer and Abbott Laboratories are continuously losing their market share.

Blood Glucose Device Market & Forecast (SMBG) (Test Strips, Lancet, Meter)-Worldwide Analysis” analyzes the worldwide market for, blood glucose test strips market, blood glucose lancet market and blood glucose meter market. This is the 3rd publication on Glucose Device Market by Renub Research. This report studies separate comprehensive analytics for the 15 countries: United States, European Countries (United Kingdom, Germany, Spain, Italy, Netherlands, Norway, Sweden and Switzerland), BRIC countries (Brazil, Russia, India, China), Australia and Kuwait. Annual estimates and forecast are provided for the period of 2016 through 2020. A nine year historic analysis is also provided for these markets. This 269 page report with 257 Figures and 12 Tables provides a complete analysis of top 15 countries of worldwide self-monitoring blood glucose (SMBG) market.

Test Strip, Lancet, Glucose Meter Market, Diabetes Population of 15 Countries covered as follows

Diabetes Population Scenario and Forecast in all 15 countries

Type 1 and Type 2 Diabetes Scenario and Forecast in all 15 countries

Self-Monitoring Blood Glucose (SMBG) Devices Users and Forecast in all 15 countries

Self-Monitoring Blood Glucose Devices (SMBG) Market and Forecast in all 15 countries

Blood Glucose Test Strips Market and Forecast in all 15 countries

Blood Glucose Lancet Market and Forecast in all 15 countries

Blood Glucose Meter Market and Forecast in all 15 countries

4 Companies Revenue (Sales) from Self-Monitoring Blood Glucose (SMBG) devices have been analyzed in this report.

  1. Roche Diagnostic
  2. LifeScan Inc.,
  3. Bayer HealthCare
  4. Abbott Laboratories

Data Sources

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Renub Research team of industry experts.

Primary sources include industry surveys and telephonic interviews with industry experts.

Secondary sources information and data has been collected from various printable and non-printable sources like search engines, News websites, Government Websites, Trade Journals, White papers, Government Agencies, Magazines, Newspapers, Trade associations, Books, Industry Portals, Industry Associations and access to more than 500 paid databases.

Topics Covered in The Report

  • Worldwide Blood Glucose Device Market,
  • Worldwide Blood Glucose Lancet Market and Forecast,
  • Worldwide Self-Monitoring Blood Glucose Device Market,
  • Worldwide Blood Glucose Device Market Share,
  • Worldwide Blood Glucose Device Market Growth ,
  • Worldwide Blood Glucose Device Market Trends,
  • Worldwide Blood Glucose Device Market Future,
  • United States Blood Glucose Lancet Market,
  • United States Blood Glucose Meter Market,
  • Germany Blood Glucose Test Strips Market,
  • Germany Blood Glucose Lancet Market and Forecast,
  • Spain Blood Glucose Test Strips Market and Forecast,
  • Spain Blood Glucose Lancet Market and Forecast,
  • Spain Blood Glucose Meter Market and Forecast,
  • Brazil Self Monitoring of Blood Glucose Market and Forecast,
  • Australia Self Monitoring of Blood Glucose Market and Forecast,

To know more, click on the link below

https://www.kenresearch.com/healthcare/medical-devices/blood-glucose-device-market-forecast-smbg/77868-91.html

 

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur @kenresearch.com
+91-9015378249
www.kenresearch.com

https://www.kenresearch.com/blog/2017/07/blood-glucose-device-market-forecast-smbg-test-strips-lancet-meter-worldwide-analysis-ken-research/

Elevating Demand for Probiotics in the country owing to Easy Availability and High Consumption to Foster Future Growth of Nutraceuticals Market in Vietnam: Ken Research


  • Amway is observed to dominate Vietnam dietary supplements market in 2016
  • By distribution channel, mass merchandisers dominated the Vietnam nutraceuticals market in year 2016
  • Health benefit segment dominated the functional food and beverages market segment in Vietnam.
  • Omega 3 Fatty Acids are expected to drive the dietary supplements market in Vietnam

Probiotic supplements for longer period of time have been considered as OTC (over the counter) medicine, thus leading to ease of availability among the Vietnamese population without a prescription. In Vietnam, probiotic treatment is gaining importance through well recommendations from doctors and medical professionals for curing acute watery diarrhea in children. Additionally they are also prescribed in the form of powder, ampoules or capsules for people with digestive disorder, indigestion or those who have to consume antibiotics in large amount. DSM’s latti range of probiotics which is dedicated to improve digestion and those which help in managing diarrhea have recorded huge growth in the market.

Word of mouth advertising is another major reason for growing popularity of probiotic supplements in Vietnam. Furthermore, it has been witnessed that the Vietnamese population use probiotic supplements in Vietnam for digesting street food. Highest consumption is observed among the tourists visiting the country. Looking at the high demand of probiotics, one of the global probiotic drink companies, Yakult Honsha Co. Ltd. opened its second manufacturing center in the country to complete the demand for the product in Vietnamese capital city of Hanoi. Yakult was available in about 1,200 stores and there were 80 Yakult Ladies in Vietnam as of the end of April 2011, clearly advocating the high demand for probiotics in the market.

Ken Research in its latest study, Vietnam Nutraceuticals Market Outlook to 2021 suggested herbal supplements in dietary supplements segment will continue to dominate the market during the forecast period. The consumers believe that herbal or traditional products have fewer or no side effects in comparison with standard products constituting natural ingredients. Ginseng was the most popular herbal dietary supplement used in Vietnam. These supplements are expected to be used maximum in products developed for beauty and personal care.

The report provided information on market size for Vietnam nutraceuticals market, Vietnam nutraceuticals market segmentations on the bases of dietary supplements, functional food & beverages and distribution channels, regulatory landscape, import and export scenario, trends and developments and competitive landscape.

Topics Covered in the Report

  • Vietnam Nutritional Supplements Market,
  • Market Growth Nutritional Supplements Vietnam,
  • Dietary Supplements Market Trends,
  • Vietnam Vitamin Supplement Market,
  • Vietnam Functional Food Industry,
  • Vietnam Functional Beverage Market,
  • New Developments in Herbal Supplements Market,
  • Digestive Food Market Growth in Vietnam,
  • AntiOxidants Food Category Growth Vietnam,
  • Competition in Vietnam Nutritional Supplement,
  • Future Vietnam Nutraceutical,
  • Vietnam Nutraceutical Market,
  • Dietary Supplements Market Trends,
  • Vitamins and Dietary Supplements in Vietnam
  • Probiotic Nutrition Market Vietnam,
  • Ginseng Sales in Vietnam,
  • Amway Share in Vietnam,
  • Herbalife Performance in Vietnam,
  • Omega 3 Fatty Acid Industry Size in Vietnam,

To know more, click on the link below

https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html

Related Reports by Ken Research


Asia Pacific Nutraceuticals Market Outlook 2021 – Presence of Huge Customer Base coupled with Rising Disposable Income in India and China to Foster Future Growth

China Nutraceuticals Market Outlook to 2021 – Presence of Huge Customer Base and Rising Foreign Direct Investments to Foster Future Growth

Australia Nutraceuticals Market Outlook to 2021 – Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

https://www.kenresearch.com/blog/2017/07/elevating-demand-probiotics-country-owing-easy-availability-high-consumption-foster-future-growth-nutraceuticals-market-vietnam-ken-research/

Vietnam Nutraceuticals Dietary Supplements Market Segmentation on the Basis of Type of Supplements USD Million, 2016- Ken Research


Herbal supplements dominated the market with revenue share of ~% in 2016. High prevalence of herbal supplements has been witnessed in beauty and personal care section which have driven the dietary supplements market in Vietnam. The consumers believe that herbal or traditional products have fewer or no side effects in comparison with standard products constituting natural ingredients. Ginseng was the most popular herbal dietary supplement used in Vietnam. The segment grew at the highest CAGR of ~% in the estimated period of six years from 2011 to 2016. Omega 3 fatty acid segment is gaining popularity in the country with growing number of patients suffering from cardiac disorders. The highest selling omega 3 fatty acids supplements in Vietnam are fish oil supplements.

Functional Foods And Beverages Market Segmentation By Food Category

Health segment dominated the functional food and beverages market with a revenue share worth ~% in Vietnam functional foods and beverages market in year 2016. In Vietnam, health supplements are consumed for growing concern towards anti-aging, strengthen resistance, reducing risk towards diseases, developing abundant health, support human beauty and health treatments. The growing health concerns among the people in the country have resulted in investments by international players in the market who are launching innovative drinks in the market which are aimed to improve health in the market. Digestive segment followed health segment with revenue share worth ~% in Vietnam functional foods and beverages market in 2016. The major reason behind this share is the strong demand in Vietnam for digestive products to deal with diarrhea.

Competitive Landscape

Amway dominated the Vietnam dietary supplements market by grabbing maximum revenue share of ~% in 2016 majorly by providing the specific products which could satisfy the growing demand of health concerns against strengthen resistance, helps in beautification and health treatment, decrease the risk of diseases and concerns of anti-aging. Additionally, the company’s strategic expansion of its business operations by investing in USD ~ million manufacturing plant in Ho Chi Minh City, Vietnam in 2015 for the production of their Nutrilite brand helped the company in providing products in affordable cost, thus generating revenues for Amway in dietary supplements category. Tienz followed Amway with revenue share of ~% in 2016. Tiens has carefully established itself in three branches namely Hanoi, Ho Chi Minh and Danang branch, Vietnam, carrying a wide range of nutritional product line. Herbalife was able to generate revenue share worth ~% in Vietnam dietary supplements market in 2016.

Vietnam Nutraceuticals Market Future Outlook & Projections

Vietnam nutraceuticals market is estimated to display a growth with a rising standard of living and health consciousness among the Vietnamese population. The growing investments by the international players like Amway and Yakult Honsha are expected to further increase the awareness about the nutraceuticals in the market, which would fuel the market during the forecast period. Moreover, the growing number of domestic players in the market is further expected to accentuate the growth during the forecast year. Companies such as TH Group and Vietnam Food are continuously engaged in developing new and innovative products for the market. For instance, the functional drink launched by TH Group with the local flavor is expected to record high sales during the forecast period, hence driving the market. The market for nutraceuticals in Vietnam is estimated to experience a growing demand at a CAGR of ~% during the forecast period.

Topics Covered in the Report

  • Dietary Supplements Market Trends,
  • Vietnam Functional Beverage Market,
  • AntiOxidants Food Category Growth Vietnam,
  • Vitamins and Dietary Supplements in Vietnam
  • Probiotic Nutrition Market Vietnam,
  • Ginseng Sales in Vietnam,
  • Amway Share in Vietnam,
  • Herbal life Performance in Vietnam,
  • Omega 3 Fatty Acid Industry Size in Vietnam,

To know more, click on the link below

https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html

Related Reports by Ken Research

Asia Pacific Nutraceuticals Market Outlook 2021 – Presence of Huge Customer Base coupled with Rising Disposable Income in India and China to Foster Future Growth

China Nutraceuticals Market Outlook to 2021 – Presence of Huge Customer Base and Rising Foreign Direct Investments to Foster Future Growth

Australia Nutraceuticals Market Outlook to 2021 – Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

https://www.kenresearch.com/blog/2017/07/vietnam-nutraceuticals-dietary-supplements-market-segmentation-basis-type-supplements-usd-million-2016-ken-research/

Vietnam Nutraceuticals Market Outlook to 2021 –Ken Research


Ken Research Latest  Report on  “Vietnam Nutraceuticals Market Outlook to 2021 – Rising Demand For Infant Products and Probiotic Supplements to Foster Future Growth” focuses on overall market size for Vietnam nutraceuticals market, market segmentations on the bases of dietary supplements, functional food & beverages and distribution channels, dietary supplements sub-segmentation by type of supplements, functional foods and beverages sub-segmentation by product category. The report also covers Government regulations for nutritional and dietary supplements in Vietnam, import and export scenarios of nutritional and dietary supplements in Vietnam Government Regulations for Nutritional and Dietary Supplements in China, trends & developmentstrends & developments in the market and competitive landscape of major players in Vietnam Nutraceuticals Market. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.

Vietnam Nutraceuticals Market Size

In 2016, revenues of Vietnam nutraceuticals industry including dietary supplements and functional foods and beverages collectively, accounted to USD ~ million. The market recorded the growth at a CAGR of ~%, from USD ~ million generated in the year 2011. The rising awareness and knowledge about health and fitness is one of the major drivers for nutraceuticals market in Vietnam. The Vietnamese population strongly believes that diet has a major role to play in health aspects. Increase in the purchasing power has also helped the Vietnamese population in spending high amount towards good quality nutritional supplements in order to adopt a healthy living lifestyle. China Nutraceuticals Market

By Dietary Supplements, and Functional Foods and Beverages

Functional foods and beverages segment dominated the Vietnam nutraceuticals market with revenue share of ~% in 2016. The growing health consciousness and self health conscious attitude among Vietnamese population is the major factor responsible behind such high share of the segment in the country. Additionally, the growing demand for functional foods in the country has resulted in increased usage of imported products as people tend to trust these brands more than domestic brands. However, dietary supplements segment has grown over a CAGR of ~% in the estimated period of five years from 2011 to 2016 due to growing awareness among customers about the benefits of nutraceuticals which have been spread via word-of-mouth, rising education levels and advertising.

By Distribution Channel

The mass merchandisers segment dominated Vietnam nutraceuticals distribution channel by grabbing largest share of ~%, thus generating revenue worth USD ~ million in the year 2016. Vietnamese population demands for both new and wide product offerings. Multi-channel strategies adopted by mass merchandisers are gradually more focused on synergies between stores and online selling of nutraceuticals products, by boosting their sales through click and collect delivery options, including drive-through locations. Other major distribution channels include convenience stores, door-to-door sales, pharmacies, and mail orders.

Dietary Supplements Segmentation by Type of Supplements

Herbal supplements dominated the market with revenue share of ~% in 2016. High prevalence of herbal supplements has been witnessed in beauty and personal care section which have driven the dietary supplements market in Vietnam. Ginseng was the most popular herbal dietary supplement used in Vietnam. The segment grew at the highest CAGR of ~% in the estimated period of six years from 2011 to 2016. Omega 3 fatty acid segment is gaining popularity in the country with growing number of patients suffering from cardiac disorders. The highest selling omega 3 fatty acids supplements in Vietnam are fish oil supplements.

Functional Foods and Beverages Market Segmentation by Food Category                  

Health segment dominated the functional food and beverages market with a revenue share worth ~% in Vietnam functional foods and beverages market in year 2016. In Vietnam, health supplements are consumed for growing concern towards anti-aging, strengthen resistance, reducing risk towards diseases, developing abundant health, support human beauty and health treatments. Digestive segment followed health segment with revenue share worth ~% in Vietnam functional foods and beverages market in 2016. The major reason behind this share is the strong demand in Vietnam for digestive products to deal with diarrhea.

Competitive Landscape

Amway dominated the Vietnam dietary supplements market by contributing maximum revenue share of ~% in 2016 majorly by providing the specific products which could satisfy the growing demand of health concerns against strengthen resistance, helps in beautification and health treatment, decrease the risk of diseases and concerns of anti-aging. Additionally, the company’s strategic expansion of its business operations by investing in USD ~ million manufacturing plant in Ho Chi Minh City, Vietnam in 2015 for the production of their Nutrilite brand helped the company in providing products in affordable cost, thus generating revenues for Amway in dietary supplements category. Tienz and Herbalife are other major players operating in the market with revenue shares in decreasing order.

Future Outlook and Projections

Vietnam nutraceuticals market is estimated to display a growth with a rising standard of living and health consciousness among the Vietnamese population. They believe nutraceuticals products provide good health benefits. The growing investments by the international players like Amway and Yakult Honsha are expected to further increase the awareness about the nutraceuticals in the market, which would fuel the market during the forecast period. Moreover, the growing number of domestic players in the market is further expected to accentuate the growth during the forecast year. Companies such as TH Group and Vietnam Food are continuously engaged in developing new and innovative products for the market. The market for nutraceuticals in Vietnam is estimated to experience a growing demand at a CAGR of ~% during the forecast period.

Key Topics Covered in the Report:

  • Introduction to Vietnam Nutraceuticals Market
  • Vietnam nutraceuticals market size, 2011-2016
  • Vietnam nutraceuticals market segmentation by Dietary Supplements, and Functional Foods & Beverages and Distribution channels
  • Dietary Supplements segmentation by type of supplements
  • Foods and Beverages Market Segmentation by Product Category
  • Regulatory Landscape of Vietnam
  • Competitive Landscape of Major Players in Vietnam Nutraceuticals Market
  • Import & Export Scenario of Nutritional and Dietary Supplements in Vietnam
  • Major Trends and developments
  • Analyst Recommendations
  • Vietnam Nutraceuticals Future Outlook and Projections, 2016-2021

To know more, click on the link below

https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html

Related Reports by Ken Research


Asia Pacific Nutraceuticals Market Outlook 2021 – Presence of Huge Customer Base coupled with Rising Disposable Income in India and China to Foster Future Growth

China Nutraceuticals Market Outlook to 2021 – Presence of Huge Customer Base and Rising Foreign Direct Investments to Foster Future Growth

Australia Nutraceuticals Market Outlook to 2021 – Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

https://www.kenresearch.com/blog/2017/07/vietnam-nutraceuticals-market-outlook-2021-ken-research/