The Global Indonesia Dietary Supplements Market Growth Accelerated By Rising Health Consciousness Among Indonesian Population

 
Indonesia Dietary Supplements Market 

The dietary supplements market in Indonesia has witnessed significant growth in recent years due to the rising health consciousness among people and growing recognition of the benefits offered by dietary supplements. Dietary supplements such as vitamins, minerals, herbals, botanicals, amino acids, and others play an important role in maintaining good health and overcoming nutritional deficiencies. Rising adoption of sedentary lifestyles and unhealthy dietary habits has increased the risk of lifestyle disorders, thereby driving the demand for dietary supplements for preventing illnesses and maintaining wellbeing.

The global Indonesia Dietary Supplements Market is estimated to be valued at US$ 2192.85 Mn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

 Rapid digitalization and social media influence have had a profound impact on the Indonesian dietary supplements market in recent years. With increasing internet and smartphone penetration, consumers are exposed to a myriad of health and wellness information available online on various social media platforms and health websites. This has boosted health consciousness and helped shift consumer preference towards preventive healthcare options including dietary supplements. Social media influencers and bloggers are also increasingly promoting the use of supplements for various health benefits thereby increasing brand awareness and demand from young population segments in the country. The growing reach of online marketing and e-commerce has further augmented the easy availability and accessibility of dietary supplement products in Indonesia. This trend of health information dissemination and product promotion through digital mediums continues to drive significant market opportunities.

Segment Analysis
The Indonesia dietary supplements market is dominated by the vitamins, minerals, and other nutrients sub-segment. This is due to the high demand for essential vitamins and minerals to meet nutritional deficiencies among Indonesian consumers. Vitamins and mineral supplements help in providing vital nutrients and micronutrients to the body, which are otherwise lacking in regular daily diets. Growing health awareness and changing lifestyles have propelled the demand for vitamins and mineral supplements in Indonesia.

Key Takeaways
The global Indonesia dietary supplements market is expected to witness high growth. The global Indonesia Dietary Supplements Market is estimated to be valued at US$ 2192.85 Mn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030.

Regional analysis related content comprises the Asia Pacific region currently dominates the Indonesia dietary supplements market. This is owing to countries like Indonesia, India, China, and Japan having the highest consumption and production of dietary supplements. The large population in the Asia Pacific countries presents a lucrative market opportunity for dietary supplements manufacturers.

Key players operating in the Indonesia dietary supplements market include AbbVie Inc., Janssen Global Services, Johnson & Johnson, F. Hoffmann-La Roche Ltd, Amgen Inc., Pfizer Inc., Novartis, Astellas, Bristol-Myers Squibb Company, Merck Sharp & Dohme Corp., UCB SA, and Allergan plc. Key players focus on adopting aggressive marketing strategies to increase brand awareness and launch new products with various added health benefits to gain more consumers. Partnerships and collaborations are also followed by manufacturers to strengthen their presence in the lucrative Indonesian dietary supplements industry.

Get more insights on this topic:

https://www.marketwebjournal.com/indonesia-dietary-supplements-market-size-market-share-analysis/

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