Market Share of Asia-Pacific Nutraceutical Industry
The Asia-Pacific nutraceuticals market is fragmented, with the presence of global and regional players. The key players in the market are Herbalife International of America Inc., General Mills Inc., PepsiCo Inc., Abbott Nutrition, and Alticor (Amway Corporation). Companies focus on meeting consumer demands through product innovation, expansion, and mergers and acquisitions. The government of different countries is also supporting consumption. In August 2021, the Government of Uttarakhand, India, and Rusan Pharma launched RuVega, a plant-based omega-3 supplement. Rusan Pharma will now manufacture and market these capsules, which will be available at all major drug stores and e-pharmacies.
APAC Nutraceuticals Market Leaders
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Herbalife International of America Inc.
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General Mills Inc.
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PepsiCo Inc.
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Abbott Nutrition
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Alticor (Amway Corporation)
*Disclaimer: Major Players sorted in no particular order
