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Australia Nutraceuticals Market Outlook to 2022 - Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth

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Australia Nutraceuticals Market Outlook to 2022 - Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth


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Australia Nutraceuticals Market Outlook to 2022 - Rising Prevalence of Chronic Diseases Coupled with Elevated Use among Women to Foster Future Growth



Executive Summary

The report titled "Australia Nutraceuticals Market Outlook to 2022 - Rising Prevalence of Chronic Diseases coupled with Elevated Use among Women to Foster Future Growth" provides a comprehensive analysis of Australia nutraceuticals market. The report focuses on overall market size, market segmentations on the basis 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 Australia, import and export scenarios of nutritional and dietary supplements in Australia, trends & developments in the market and competitive landscape of major players in Australia Nutraceuticals Market. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.

Australia Nutraceuticals Market Size
In 2017, revenues of the overall industry including nutritional products such as dietary supplements and functional food and beverages accounted to USD ~ million, exhibiting high growth at a CAGR of ~%, from USD ~ million noted in 2012. High awareness about the health products, economic stability to purchase expensive health nutraceuticals and easy availability of highly priced branded products are major factors which acted as major drivers for the growth of nutraceuticals market in Australia. Additionally, information and public health campaigns from government about the importance of healthy diet and exercise regime has led Australians to use the nutritional supplements at an extensive rate, hence generating revenue for the market. In October 2016, Safety and Health workshops were held by WorkSafe Division of the Department of Commerce in which there was an opportunity for business owner, employer, manager, supervisor, safety and health representative to hear and learn from presenters with a wealth of occupational safety and health industry experience and expertise and gain tools, techniques and strategies.

Australia Nutraceuticals Market Segmentation
Australia Nutraceuticals market is segmented on the basis of three major segments- by dietary supplements, by functional foods and beverages market and by distribution channels. The dietary supplements segmentation is sub-segmented on the basis of types of supplements. Functional Foods and beverages market is further sub-segmented on the basis of food category.

By Dietary Supplements, and Functional Foods and Beverages
Functional foods dominated the Australian Nutraceuticals market with revenue share of ~% in 2017. With an increase in the aging population, there has been an increase in the demand for healthy aging supplements in the form of functional foods and supplements. Geriatric population is observed to consume extensive functional foods for health issues such as cardiovascular diseases, diabetes, blood pressure and osteoporosis. Dietary Supplements in Nutraceuticals market grabbed the revenue share of ~% in 2012 and ~% in 2017. The market grew at a CAGR of ~% during the period. Functional beverages attributed revenue share of ~% in 2012 and ~% in 2017. The working population has been observed to consume functional beverages in high amounts. Moreover, energy boosters are very common in the country contributing to this segment.

By Distribution Channel
Supermarkets dominated the nutraceuticals market in Australia and attributed ~% revenue share in 2017 in terms of the distribution channel. These mass merchandisers maintain the inventory of diverse products as they entertain different type of customers in a single time frame. Major supermarkets selling nutraceutical products include Woolsworth Ltd, Chemist Warehouse and others. Drug stores in Australia contributed ~% revenue share in the distribution of nutraceuticals in 2017 owing to number of people having the trust on the drug stores in the country. Pharmacies were responsible for the third highest share of the sales of nutraceuticals in 2016 which accounted for ~% revenue share. Convenience stores accounted to a share of ~% in the distribution channels of nutraceuticals in Australia in 2016.

Dietary Supplements Segmentation by Type of Supplements
Vitamins and minerals dominated the market with revenue share of ~% in 2017. With the ageing population, the diseases such as osteoporosis are increasing in Australia and have resulted into increased demand for vitamin and mineral supplements. The same could be advocated from the fact that ~% of adults were suffering from Vitamin D deficiency in 2011-12 owing to less exposure to sunlight, due to which doctors are prescribing vitamin supplements to the people in Australia. Omega 3 fatty acids grew rapidly recording CAGR of ~% from 2012-2017, which is second highest among the dietary supplements market. The reasons attributed can be stated as the high prevalence of cardiovascular disease, which is on increase in Australia and as a part of treatment; doctors in Australia prescribe omega 3 fatty acids 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 Australia functional foods and beverages market in year 2017. With the increase in prevalence of diseases caused due to obesity and ageing among Australians, there has been increase in the health supplements over the years. Due to ageing, it is difficult for the body to absorb nutrients from the food and with the loss of appetite and lower levels of Vitamin D in the elderly; the requirement for the health supplements is high. Doctors in Australia tend to prescribe more number of health foods to fulfill the deficiencies of nutrients which cause diseases.

Competitive Landscape
Blackmores is leading the Australian Nutraceuticals market majorly due to the trust factor associated with the company and range of quality, innovation and integrity products that it provides with more than 80 years of expertise. There are various products such as vitamins, minerals, herbal and nutritional supplements tailoring to the lifestyle and the bestsellers include Fish Oil 1000, Glucosamine Sulphate 1500 One - A Day, Pregnancy and Breast Feeding Gold, Evening Primrose Oil, Natural Vitamin E Cream, CoQ 10; which are generating high revenue for the company and are responsible for dominating share of Blackmores in 2016. Other major players operating in market include Pharmacare and Vitaco.

Future Outlook and Projections
Australia Nutraceuticals market is expected to grow at a CAGR of ~% during the forecast period owing to high awareness and information and public health campaigns from government about the importance of a healthy diet and exercise regime. The demand for supplements pertaining to well-being in Australia is anticipated to be high especially in the sport supplement section. The fastest growing segment has been protein bar while protein powders are expected to record increased sales and these segments are further expected to increase. There is expected to be increase in the use of supplements by women also in the cases of pregnancy, childbirth and menopause with the increase in female aged population and rising awareness about nutraceuticals. The reason for the same could be anticipated from the promotion of the pregnancy and menopause supplements by the companies. This will further impact the market in a positive manner leading to more usage of supplements.
Key Topics Covered in the Report:

  • Introduction to Australia Nutraceuticals Market
  • Australia Nutraceuticals market size, 2012-2017
  • Australia 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 Australia
  • Competitive Landscape of Major Players in Australia Nutraceuticals Market
  • Import & Export Scenario of Nutritional and Dietary Supplements in Australia
  • Major Trends and developments
  • Analyst Recommendations
  • Australia Nutraceuticals Future Outlook and Projections, 2017-2022

1. Executive Summary
Market Potential
Market Segmentation
Competitive Landscape
Future Outlook and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Market Size and Modeling
Approach - Market Sizing
Variables (Dependent and independent)
Multi Factor Based Sensitivity Model
Australia Nutraceuticals Market Final Conclusion
3. Australia Nutraceuticals Market Size, 2012-2017(P)
4. Australia Nutraceuticals Market Segmentation, 2012-2017(P)
4.1.1. Functional food and Beverages Market Segmentation, 2012-2017(P)
4.1.2. Dietary Supplements Market Segmentation, 2012-2017(P)
4.2. By Distribution Channel, 2012-2017(P)
5. Regulatory Landscape
5.1. Introduction
6. Import and Export Scenario
6.1. Imports of Nutraceuticals in Australia, 2011-2016
Import Duty
6.1.1. Segmentation of Imported Nutraceuticals in Australia, 2011-2016
6.2. Major Import Regulations
6.3. Export Nutraceuticals in Australia
6.3.1. Segmentation of Exported Nutraceuticals in Australia, 2011-2016
7. Trends and Developments
7.1. Increase in use of Supplements for Well-Being
7.2. Increase in Chronic Disease
7.3. Increasing Use by Women
7.4. Shift from Community-focused Store to a Larger Discount Shop
8. Market Share of Major Players in Australia Nutraceutical Market, 2017
8.1. By Dietary Supplements Market, 2012-2017
8.2. By Functional Foods, 2012-2016
8.3. By Functional Beverages, 2012-2016
9. Company profiles
9.1. Blackmores
9.2. Pharmacare Australia
9.3. Vitaco Health Limited
9.4. Nature's Own
9.5. Coca Cola Limited
9.6. Red Bull GMBH
9.7. Suntory Holdings
9.8. Danone Australia
9.9. Lactalis Group Australia
9.10. Kellogg' Australia
9.11. Biostime Healthy Australia Pty Ltd
9.12. Sanofi Australia
10. Australia Nutraceuticals Market Future Outlook and Projections, 2018-2022
10.1. Dietary Supplements
10.2. Functional Foods and Beverages
11. Analyst Recommendations
12. Macroeconomic Factors Impacting Australia Nutraceuticals Market, 2011-2021
12.1. Aging Population
12.2. Health Expenditure per Capita (USD)
12.3. Prevalence of Obesity
12.4. Number of Births in Millions
Disclaimer
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Figure 3-1: Australia Nutraceuticals Market Size on the basis of Revenue Contribution in USD Million, 2012-2017(P)
Figure 4-1: Australia Nutraceuticals Market Segmentation Functional Foods, Dietary Supplements and Functional Beverages on the basis of Revenue in Percentage (%), 2012-2017(P)
Figure 4-2: Australia Functional Foods and Beverages Market Segmentation by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Revenue in Percentage (%), 2012-2017(P)
Figure 4-3: Australia Dietary Supplements Market Segmentation by Type of Supplements (Vitamins and Minerals, Herbal Supplements, Protein and Amino Acids Supplements, Probiotics and Omega 3 fatty acids) on the basis of Revenue in Percentage (%), 2012-2017(P)
Figure 5-1: Complementary Medicine regulated in Australia (TGA regulation steps for therapeutic goods)
Figure 6-1: Summary of Supplying Therapeutic Goods to Australia
Figure 8-1: Market Share of Major Players in Australia Functional Foods Market on the basis of Revenue in Percentage, 2012-2016
Figure 8-2: Market Share of Major Players in Asutralia Functional Beverages Market on the basis of Revenue in Percentage, 2012-2016
Figure 9-1: Financial Performance of Blackmores on the basis of Net Sales in USD Thousands, 2012-2016
Figure 9-2: Blackmores Market Size on the Basis of Revenue in USD Million, 2011-2016
Figure 9-3: Divisional Performance of Vitaco Health Limited in the basis of Revenue in 2016
Figure 9-4: Coca Cola Limited Australia Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-5: Red Bull GMBH Market Size on the Basis of Revenue in USD Million, 2011-2016
Figure 9-6: Suntory Holdings Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-7: Danone Australia Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-8: Lactalis Group Australia Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-9: Kellogg' Australia Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-10: Biostime Healthy Australia Pty Ltd Market Size on the Basis of Revenue in USD Million, 2015-2017
Figure 9-11: Sanofi Australia Market Size on the Basis of Revenue in USD Million, 2012-2017
Figure 10-1: Australia Nutraceuticals Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-2: Australia Nutraceuticals Market by Type of Usage (Functional Foods and Beverages and Dietary Supplements) on the basis of Revenue in Percentage (%), 2018-2022
Figure 10-3: Australia Dietary Supplements Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-4: Australia Dietary Supplements Market Outlook and Future Projection by Type of Supplements (Vitamins and minerals, Protein and Amino Acids, Probiotics, Herbal Supplements, Omega 3 Fatty Acids and others) on the basis of Revenue in Percentage (%), 2018-2022
Figure 10-5: Australia Dietary Supplements Market Outlook and Future Projections by Type of Supplements (Vitamins and minerals, Protein and Amino Acids, Probiotics, Herbal Supplements, Omega 3 Fatty Acids and others) on the basis of Revenue in USD Million, 2018-2022
Figure 10-6: Australia Functional Foods Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-7: Australia Functional Beverages Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-8: Australia Functional Food and Beverages Market Share by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Percentage (%), 2018-2022
Figure 12-1: Aging Population on the basis of People above 65 Years of Age in Millions, 2011 - 2021
Figure 12-2: Health Expenditure per capita in USD, 2011 - 2021
Figure 12-3: Obesity in Australia on the basis of BMI Equal to or Greater than 30 in million, 2011-2021
Figure 12-4: Number of Births in Thousands, 2011 - 2021

Table 2-1: Product Map of Dietary Supplements Including Product Segment (Vitamins and Minerals, Herbal Supplements, Probiotics, Omega 3 Fatty Acids, Protein and Amino Acid and Others), Product Category, Product, Variants and Brands
Table 2-2: Product Map of Functional Foods and Beverages Including Product Segment (Health, Digestive, Energy Boosters and Others), Product Category, Product, Variants and Brands
Table 2-3: Correlation Matrix for Australia Nutraceuticals Market
Table 2-4: Regression Coefficients Output
Table 4-1: Australia Nutraceuticals Market by Functional Foods, Dietary Supplements and Functional Beverages and Rationale for Revenue, 2012-2017(P)
Table 4-2: Australia Nutraceuticals Market Segmentation by Functional Foods, Dietary Supplements and Functional Beverages on the basis of Revenue in USD Million, 2012-2017(P)
Table 4-3: Australia Functional Foods and Beverages Market Segmentation by Product Category (Health, Digestive, Energy Boosters and Others) and Rationale for Revenue, 2012-2017(P)
Table 4-4: Australia Nutraceuticals Market Segmentation by Functional Foods and Beverages (Health, Digestive and Energy Boosters) on the basis of Revenue in USD Million, 2012-2017(P)
Table 4-5: Australia Dietary Supplements Market Segmentation by Type of Supplement (Vitamins and Minerals, Herbal Supplements, Protein and Amino Acids Supplements, Probiotics and Omega 3 fatty acids) and Rationale for Revenue, 2012-2017(P)
Table 4-6: Australia Dietary Supplements Market Segmentation by Type of Supplements (Vitamins and Minerals, Herbal Supplements, Protein and Amino Acids Supplements, Probiotics and Omega 3 fatty acids) on the basis of Revenue in USD Million, 2012-2017
Table 4-7: Australia Nutraceuticals Market by Distribution Channel (Supermarkets, Drug Store, Chemist, Other Healthcare Specialist Retailers, Convenience Stores and others) on the basis of Market Share in Percentage (%), 2012-2017(P)
Table 4-8: Australia Nutraceutical Market Segmentation by Distribution Channel (Supermarkets, Drugstores/parapharmacies, Chemists/Pharmacies, Other Healthcare Specialist Retailers, Convenience Stores and Others) on the basis of Revenue in Percentage, 2012-2017(P)
Table 4-9: Australia Nutraceutical Market Segmentation by Distribution Channel (Supermarkets, Drugstores/parapharmacies, Chemists/Pharmacies, Other Healthcare Specialist Retailers, Convenience Stores and Others) on the basis of Revenue in USD Million, 2012-2017(P)
Table 5-1: Regulatory Landscape of Australia
Table 5-2: Annual Charges for Prescription Medicine in Australia
Table 5-3: Fee/Charge for Listed Medicine in Australia
Table 5-4: Fee/Charge of Complementary Medicine in Australia
Table 6-1: Import Duty for Nutraceuticals in Australia in Percentage, 2016
Table 6-2: Australia Imported Nutraceuticals Market Segmentation by Categories on the basis of Values in USD Thousands, 2011-2016
Table 6-3: Australia Imported Nutraceuticals Market Segmentation by Categories on the basis of Volume in Kgs, 2011-2016
Table 6-4: Import Regulations Concerning Nutraceuticals in Australia
Table 6-5: License/Permits Required for Importing Therapeutic Goods in Australia
Table 6-6: Australia Exported Nutraceuticals Market Segmentation by Categories on the basis of Values in USD Thousands, 2011-2016
Table 6-7: Australia Exported Nutraceuticals Market Segmentation by Categories on the basis of Volume in Kgs, 2011-2016
Table 7-1: List of Complementary Medicines for Weight Loss in Australia on the basis of claims and possible adverse effects
Table 8-1: Market Share by Major Players (Biostime, Blackmores, Sanofi, Pharmacare and Vitaco) in Australia Nutraceuticals Market and Rationale for Revenue, 2017
Table 8-2: Market Share by Companies in Australia Dietary Supplements Market on the basis of Revenue in Percentage, 2012-2017
Table 8-3: Market Share by Companies in Australia Dietary Supplements Market on the basis of Revenue in USD Million, 2012-2017
Table 8-4: Market Share of Major Players in Australia Functional Foods Market and Rationale for Revenue in USD Million, 2016
Table 8-5: Market Share by Companies in Australia Functional Foods Market on the basis of Revenue in USD Million, 2012-2016
Table 8-6: Market Share of Major Players in Australia Functional Beverages Market and Rationale for Revenue in USD Million, 2016
Table 8-7: Market Share by Companies in Australia Functional Beverages Market on the basis of Revenue in USD Million, 2012-2016
Table 9-1: Competitive Landscape of Blackmores including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling products, New Products, Production Plant, Sales by Region, Distribution Channel, Global Employee Base and Key Personnel
Table 9-2: Product Portfolio of Blackmores
Table 9-3: Competitive Landscape of Pharmacare Australia including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling products, New products, Warehouse, Number of Offices, Number of Distributors, Employee Base, Key Personnel and Revenue
Table 9-4: Product Portfolio of Pharmacare Nature's Way Brand
Table 9-5: Competitive Landscape of Vitaco Health Limited including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling products, New products, Number of Manufacturing Facilities, Number of Offices, Employee Base, Key Personnel and Total Sales
Table 9-6: Product Portfolio of Vitaco Nutralife Brand
Table 9-7: Competitive Landscape of Nature's Own including Company Overview, USP, Business Strategies, Best Selling products, New products and Revenue
Table 9-8: Product Portfolio of Nature's Own
Table 9-9: Competitive Landscape of Coca Cola Limited including Company Overview, USP, Business Strategies, New Products, National Presence, Domestic Production Facilities, Domestic Production Lines, Domestic Warehouses, Number of Coolers, Distribution Network, Revenue, Number of Customers, Financial Expenditure, Percentage of Group underlying EBIT, Employee Base and Key Personnel
Table 9-10: Coca Cola Limited Product Portfolio Including Brand Name, Main Ingredient, Variants and Product Form
Table 9-11: Competitive Landscape of Red Bull GMBH including Company Overview, Business Strategies, New Product, Worldwide Presence, Production, Can Lifecycle, Revenue and Global Employee Base
Table 9-12: Red Bull GMBH Product Portfolio Including Product Name, Main Ingredient and Product Form
Table 9-13: Competitive Landscape of Suntory Holdings including Company Overview, Business Strategies, Brand in Nutraceuticals, Best Selling product, Global Companies, Number of Factories, Revenue, Consolidated Sales and Employee Base
Table 9-14: Suntory Holdings Product Portfolio Including Brand Name, Product Name, Main Ingredient and Variants
Table 9-15: Competitive Landscape of Danone Australia including Company Overview, Business Strategies, Regulatory Framework Followed by the Company, Global Danone Institute, Global Research Centers, Global Team Span, Revenue and Global Employee Base
Table 9-16: Danone Australia Product Portfolio Including Brand Name, Main Ingredient, Variants and Product Form
Table 9-17: Competitive Landscape of Lactalis Group Australia including Company Overview, Business Strategies, Products in Nutraceuticals, Global Presence, Collaborator in Oceania Asia, Revenue and Global Employee Base
Table 9-18: Competitive Landscape of Kellogg' Australia including Company Overview, Business Strategies, Brand in Nutraceuticals, National Presence, Global Revenue and Employee Base
Table 9-19: Kellogg' Australia Product Portfolio Including Product Name, Main Ingredient, Variants and Product Form
Table 9-20: Competitive Landscape of Biostime Healthy Australia including Company Overview, Business Strategies, Products in Nutraceuticals, Global Presence, Revenue and Global Employee Base
Table 9-21: Competitive Landscape of Sanofi Australia including Company Overview, Business Strategies, Brands in Nutraceuticals, Global Presence, Number of Global Manufacturing Sites, Revenue, Global Employee Base and Key Personnel
Table 9-22: Sanofi Gastrolyte Brand Product Portfolio Including Product Name, Main Ingredient and Product Form
Table 9-23: Product Portfolio of Sanofi Brand Nature's Own
Table 9-24: Bio-Organics Brand Product Portfolio Including Product Name, Main Ingredient and Product Form
Table 10-1: Future Drivers for Australia Nutraceuticals Market, 2018-2022
Table 10-2: Australia Dietary Supplements Future Recommendations by Type of Supplements (Omega 3 Fatty Acids, Herbal Supplements, Probiotics, Vitamins and minerals, Protein and Amino Acids and others) on the basis of CAGR, 2017-2022
Table 10-3: Australia Functional Food and Beverages Market Size by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Revenue in USD Million, 2018-2022
Table 10-4: Australia Functional Foods and Beverages Future Recommendations by Product Category (Energy Boosters, Digestive, Health and Others) on the basis of CAGR, 2017-2022
Table 11-1: Recommendations for Nutraceuticals Market in Australia
Table 12-1: Rationale for Aging Population in Australia, 2011-2021
Table 12-2: Rationale for Health Expenditure per Capita in Australia in USD, 2011-2021
Table 12-3: Rationale for Prevalence of Obesity in Australia, 2011-2021
Table 12-4: Rationale for Number of Births in Australia, 2011-2021

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Blackmores, Pharmacare, Vitaco, Nature's Own, Coca-Cola Limited, Red Bull, Suntory Holdings, Danone Australia, Lactalis Group Australia, Kellogg Australia, Biostime Healthy Australia Pty Ltd, Sanofi Australia

Functional Foods and Beverages, Dietary Supplements, Vitamins, Minerals, Herbal Supplements, Protein and Amino Acid Supplements, Probiotics, Omega 3 Fatty Acids, Health, Digestive, Energy Boosters


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