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Japan Nutraceuticals Market Outlook to 2022 - Aging Population leading to Increase in Prevalence of Chronic Diseases to Foster Future Growth

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Japan Nutraceuticals Market Outlook to 2022 - Aging Population leading to Increase in Prevalence of Chronic Diseases to Foster Future Growth


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Japan Nutraceuticals Market Outlook to 2022 - Aging Population leading to Increase in Prevalence of Chronic Diseases to Foster Future Growth



Executive Summary

The report titled "Japan Nutraceuticals Market Outlook to 2022 - Aging Population leading to Increase in Prevalence of Chronic Diseases to Foster Future Growth" provides a comprehensive analysis of Japan nutraceuticals market. The report focuses on overall market size for 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 Japan, import and export scenarios of nutritional and dietary supplements in Japan, trends & developments in the market and competitive landscape of major players in Japan Nutraceuticals Market. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.

Japan Nutraceuticals Market Size
Japan nutraceuticals market has showcased steady growth in between 2012 and 2017 with recorded CAGR of ~% and revenues worth USD ~ million and USD ~ million in years 2012 and 2017 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 dominated the Japan nutraceuticals market with revenue share of ~% in 2012 and ~% in 2017. The market grew at a CAGR of ~% during the period. 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 at extensive rates for health issues such as cardiovascular diseases, diabetes, and osteoporosis. Dietary Supplements in nutraceuticals market attributed to Japan with the revenue share of ~% in 2012 and ~% in 2017. Functional beverages contributed to the Japan nutraceuticals market with revenue share of ~% in 2012 and ~% in 2017.
By Distribution Channel
Supermarkets hold the largest share in the distribution of nutraceuticals in Japan accounting to ~% 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. Direct selling channel generated the next highest sales of nutraceuticals products in Japan in 2016, registering a contribution of ~% in the overall revenues. Home shopping attributed ~% revenue share in the distribution of nutraceuticals in 2016. Non grocery specialists have contributed revenue share of ~% during 2016 in the overall nutraceuticals market.

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 2017. 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

Dietary Supplements: Lipovitan brand of Taisho pharmaceutical Co. Ltd. Led to highest market share in dietary supplements in Japan due to its sustained energy and lasting endurance products such as Sustained energy formula, Healthy heart formula, Healthy joint formula, Vitamin C formula and Sugar free formula. The innovative concept of incorporating energy-enhancing vitamins into liquid form with great taste coupled with the product portfolio has helped the company gain ~% share in the market. Other players include Suntory Group, Takeda Pharmaceuticals, Miki Corporation, Amway, Fancl Corporation and others.

Functional Foods: Meiji Holdings Co Ltd provides products in various verticals including infant formula, beauty supplement and probiotics. It acquired ~% market share in Japan functional foods in 2016 with its high production capacity. Other major players include Yakult HonshaCo Ltd, Lotte Group and others.

Functional Beverages: Coca Cola Company contributed ~% share in the functional food segment of nutraceuticals market in year 2016. Strong marketing initiatives done by the company in its initial phase such as giving away the free samples in sporting events since the sports drink was first introduced in 1983 and being promoted as official drink of the 1992 Summer Olympics in Barcelona helped the company in making wide consumer base in the country, which is still helping the company in gaining revenue in the country. Other major companies include Otsuka Pharmaceutical Co. Ltd., Suntory Holdings Ltd and others.

Future Outlook and 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.

Key Topics Covered in the Report:

  • Introduction to Japan Nutraceuticals Market
  • Japan Nutraceuticals market size, 2012-2017
  • Japan 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 Japan
  • Competitive Landscape of Major Players in Japan Nutraceuticals Market
  • Import & Export Scenario of Nutritional and Dietary Supplements in Japan
  • Major Trends and developments
  • Analyst Recommendations
  • Japan 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
Interpretation and Proofreading:
Variables (Dependent and independent)
Multi Factor Based Sensitivity Model
Japan Nutraceuticals Market Final Conclusion
3. Japan Nutraceuticals Market Size, 2012-2017(P)
4. Japan Nutraceuticals Market Segmentation, 2012-2017(P)
4.1. By Dietary Supplements and Functional Foods and Beverages, 2012-2017(P)
4.1.1. Functional Foods and Beverages Market Segmentation, 2012-2017(P)
4.1.2. Dietary Supplements Market Segmentation, 2012-2017 (P)
4.2. By Distribution Channel, 2012-2016
5. Regulatory Landscape
6. Import and Export Scenario
6.1. Imports of Nutraceuticals in Japan, 2011-2016
Import Duty
6.1.1. Segmentation of Imported Nutraceuticals in Japan, 2011-2016
6.2. Major Import Regulations
6.3. Export of Nutraceuticals in Japan
6.3.1. Segmentation of Exported Nutraceuticals in Japan, 2011-2016
7. Trends and Developments
7.1. Growing Market for Joint Health Supplements in form of Glucosamine Supplements
7.2. Elevating Demand for Beauty and Weight Loss Supplements
7.3. Metabolic Syndrome
8. Market Share of Major Players in Japan Nutraceuticals Market
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. Amway
9.2. Miki Corporation
9.3. Yakult
9.4. Coca-Cola East Japan Co. Ltd.
9.5. Otsuka Pharmaceuticals
9.6. Taisho Pharmaceuticals
9.7. Suntory Holdings Limited
9.8. Takeda Pharmaceutical Company Limited
9.9. Lotte
9.10. Meiji Holdings co ltd
10. Japan Nutraceuticals Market Future Outlook and Projections, 2018-2022
10.1. Functional Foods and Beverages
10.2. Dietary Supplements
11. Analyst Recommendations
12. Macroeconomic Factors impacting Japan Nutraceuticals Market, 2011-2021
12.1. Aging Population
12.2. Per Capita Health Expenditure
12.3. Prevalence of Obesity
12.4. Malnutrition in Children under Age of Five
Disclaimer
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Figure 3-1: Japan Nutraceuticals Market Size by Revenue in USD Million, 2012-2017(P)
Figure 4-1: Japan Nutraceuticals Market Segmentation by Dietary Supplements and Functional Foods and Beverages on the basis of Revenue in Percentage (%), 2012-2017(P)
Figure 4-2: Japan 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: Japan Dietary Supplements Market Segmentation by Type of Supplement (Vitamins and Minerals, Protein and Amino Acid Supplements, Probiotics, Herbal Supplements, Omega 3 fatty acids, and Others) on the basis of Revenue in Percentage (%), 2012-2017(P)
Figure 5-1: Procedure Flow for Food for Specified Health Uses (FOSHU) Certification
Figure 6-1: Import Notification Procedure in Japan
Figure 8-1: Market Share of Major Players in Japan Functional Foods Market on the basis of Revenue in Percentage, 2012-2016
Figure 8-2: Market Share of Major Players in Japan Functional Beverages Market on the basis of Revenue in Percentage, 2012-2016
Figure 9-1: Financial Performance of Amway on the basis of Revenue of Dietary Supplements in USD Million, 2012-2017
Figure 9-2: Financial Performance of Amway on the basis of Global Net Sales in USD Million, 2011-2016
Figure 9-3: Financial Performance of Amway on the basis of Global Net Sales by Direct selling Activities in Percentage (%), 2016
Figure 9-4: Financial Performance of Miki Corporation on the basis of Revenue of Dietary Supplements in USD Million, 2012-2017
Figure 9-5: Financial Performance of Yakult on the basis of Revenues in USD Million, 2012-2016
Figure 9-6: Financial Performance of Yakult on the basis of Global Net Sales in USD Million, 2012-2016
Figure 9-7: Financial Performance of Yakult on the basis of Global Net Sales by Type of Channel in Japan in Percentage (%), 2014
Figure 9-8: Financial Performance of Yakult on the basis of Global Net Sales by Business Segments in Percentage in Percentage (%), 2015
Figure 9-9: Financial Performance of Coca Cola on the basis of Revenues in USD Million, 2012-2016
Figure 9-10: Financial Performance of Otsuka Pharmaceuticals Functional Beverage on the basis of Revenues in USD Million, 2012-2016
Figure 9-11: Financial Performance of Otsuka Pharmaceuticals Dietary Supplements on the basis of Revenues in USD Million, 2012-2016
Figure 9-12: Financial Performance of Otsuka Pharmaceuticals on the basis of Global Net Sales by Business Segments in Percentage (%), 2016
Figure 9-13: Financial Performance of Otsuka Pharmaceuticals on the basis of Consolidated Operating Income Distribution on the basis of Regions in Percentage (%), 2015
Figure 9-14: Financial Performance of Taisho Pharmaceuticals on the basis of Global Net Sales in USD million, 2014-2016
Figure 9-15: Financial Performance of Taisho Pharmaceuticals on the basis of Revenues in USD Million, 2012-2016
Figure 9-16: Suntory Functional Beverages Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-17: Suntory Holdings Limited Dietary Supplements Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 9-18: Suntory Functional Drink Market Size on the Basis of Revenue in USD Million, 2011-2016
Figure 9-19: Lotte Functional Foods Market Size on the Basis of Revenue in USD Million, 2011-2016
Figure 9-20: Meiji Holdings Co Ltd Market Size on the Basis of Revenue in USD Million, 2012-2016
Figure 10-1: Japan Nutraceuticals Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-2: Japan Nutraceuticals Market by Functional Foods and Beverages and Dietary Supplements on the basis of Revenue in Percentage (%), 2018-2022
Figure 10-3: Japan Functional Foods Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-4: Japan Functional Beverages Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-5: Japan Functional Food and Beverages Market Outlook and Future Projections by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Revenue in Percentage (%), 2018-2022
Figure 10-6: Japan Dietary Supplements Market Outlook and Future Projections on the basis of Revenue in USD Million, 2018-2022
Figure 10-7: Japan Dietary Supplements Market Outlook and Future Projections by Type of Supplement (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 12-1: Aging Population on the basis of People above 65 Years of Age in Millions, 2011-2021
Figure 12-2: Per capita Health expenditure in USD, 2011-2021
Figure 12-3: Obesity in Japan on the basis of BMI Equal to or Greater than 30 in million, 2011-2021
Figure 12-4: Malnutrition in Japan on the basis of Children under Age of Five 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 Japan Nutraceuticals Market
Table 2-4: Regression Coefficients Output
Table 4-1: Japan Nutraceuticals Market by Dietary Supplements and Functional Foods and Beverages and Rationale for Revenue, 2012-2017(P)
Table 4-2: Japan Nutraceuticals Market Segmentation by Dietary Supplements and Functional Foods and Beverages on the basis of Revenue in USD Million, 2012-2017(P)
Table 4-3: Japan Functional Foods and Beverages Market by Product Category (Health, Digestive, Energy Boosters and Others) and Rationale for Revenue, 2012-2017(P)
Table 4-4: Japan Functional Foods and Beverages Market Segmentation by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Revenue in USD Million, 2012-2017
Table 4-5: Japan Dietary Supplements Market by Type of Supplement (Vitamins and Minerals, Protein and Amino Acids Supplements, Probiotics, Herbal Supplements, Omega 3 fatty acids, and Others) and Rationale for Revenue, 2012-2017 (P)
Table 4-6: Japan Dietary Supplements Market Segmentation by Type of Supplement (Vitamins and Minerals, Protein and Amino Acid Supplements, Probiotics, Herbal Supplements and Omega 3 Fatty Acids, and Others) on the basis of Revenue in USD Million, 2012-2017(P)
Table 4-7: Japan Nutraceuticals Market Segmentation by Distribution Channel (Supermarket, Convenience Stores, Direct Selling, Home Shopping and Non-Grocery Specialist) on the basis of Revenue in USD Million, 2012-2016
Table 4-8: Japan Nutraceutical Market Segmentation by Distribution Channel (Supermarkets, Direct Selling, Independent Small Grocers, Hypermarkets, Internet Retailing and Others) on the basis of Revenue in Percentage, 2012-2016
Table 4-9: Japan Nutraceutical Market Segmentation by Distribution Channel (Supermarkets, Direct Selling, Independent Small Grocers, Hypermarkets, Internet Retailing and Others) on the basis of Revenue in USD Million, 2012-2016
Table 5-1: Regulatory Landscape of Japan
Table 5-2: Categories of Health Claims under FOSHU Policy on the basis of Uses and Number of Products Approved
Table 5-3: Efficacy Requirements for FOSHU Sub-Categories based on Type of Claims
Table 5-4: Top 10 companies with FOSHU Approvals in Japan, 2016
Table 6-1: Import Duty for Nutraceuticals in Japan in Percentage, 2016
Table 6-2: Japan Imported Nutraceuticals Market Segmentation by Categories on the basis of Values in USD Thousands, 2011-2016
Table 6-3: Japan Imported Nutraceuticals Market Segmentation by Categories on the basis of Volume in Kgs, 2011-2016
Table 6-4: Import Regulations Concerning Nutraceuticals in Japan
Table 6-5: Japan Exported Nutraceuticals Market Segmentation by Categories on the basis of Values in USD Thousands, 2011-2016
Table 6-6: Japan Exported Nutraceuticals Market Segmentation by Categories on the basis of Volume in Kgs, 2011-2016
Table 7-1: Nutritional Supplements for Metabolic Syndrome and Therapeutic Effect in Japan
Table 8-1: Japan Dietary Supplements Market by Major Brands Available and Rationale for Revenue, 2017
Table 8-2: Market Share by Companies in Japan Dietary Supplements Market on the basis of Revenue in Percentage, 2012-2017P
Table 8-3: Revenue of Major Companies in Japan Dietary Supplements Market in USD Million, 2012-2017
Table 8-4: Japan Functional Beverages Market by Major Brands Available and Rationale for Revenue, 2016
Table 8-5: Market Share by Companies in Japan Functional Foods Market on the basis of Revenue in USD Million, 2012-2016
Table 8-6: Japan Functional Beverages Market by Major Brands Available and Rationale for Revenue, 2016
Table 8-7: Market Share by Companies in Japan Functional Beverages Market on the basis of Revenue in USD Million, 2012-2016
Table 9-1: Competitive Landscape of Amway including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling Products, New Products, Production Plant, Distribution Channel, Global Employee Base and Key Personnel
Table 9-2: Product Portfolio of Amway Japan Including Nutritional Supplement, Brand, Product Line/Segment, Product Name and Product Form
Table 9-3: Competitive Landscape of Miki Corporation including Company Overview, Business Strategies, New Product Launches, Business Areas, Research and Development Institutes and Factories, Distribution Channel, Number of Employees, Key Personnel and Key Customers
Table 9-4: Product Portfolio of Miki Corporation Including Nutritional Supplement, Type of Segment, Product Name and Product Form
Table 9-5: Competitive Landscape of Yakult including Company Overview, USP, Business Strategies, Best Selling Products (Japan), New Products, Production Plant, Distribution Channel, Global Employee Base and Key Personnel
Table 9-6: Functional Foods and Beverages Product Portfolio of Yakult Japan Including Nutritional Supplement, Type of Segment, Product Name and Product Form
Table 9-7: Competitive Landscape of Coca-Cola East Japan Co. Ltd. including Company Overview, Business Strategies, Brand Value, Global Revenues, Production Plant, Distribution Network, Global Employee Base and Key Personnel
Table 9-8: Other Coca-Cola System Related Companies and Description
Table 9-9: Functional Foods and Beverages Product Portfolio of Coca-Cola East Japan Including Type of Segment, Product Name and Product Form
Table 9-10: Competitive Landscape of Otsuka Pharmaceuticals including Company Overview, USP, Business Strategies, Best Selling Nutraceutical Products, New Product Launches, Business Premises, Production Plant, Research Facilities, Global Employee Base, Key Personnel and Net Sales
Table 9-11: Product Portfolio of Otsuka Pharmaceuticals Including Nutritional Supplement, Brand, Product Name and Product Form
Table 9-12: Competitive Landscape of Taisho Pharmaceuticals including Company Overview, USP, Business Strategies, Brands in Nutraceuticals, Best Selling Products, New Products, Production Plant, Global Employee Base and Key Personnel
Table 9-13: Functional Foods and Beverages Product Portfolio of Taisho Pharmaceuticals’ Including Nutritional Supplement, Type of Segment, Product Name and Product Form
Table 9-14: Competitive Landscape of Suntory Holdings Limited including Company Overview, Business Strategies, Brands in Nutraceuticals, New Products, Global Companies, Global Revenue, Consolidated Sales, Employee Base and Key Personnel
Table 9-15: Suntory Holdings Limited Dietary Supplements Product Portfolio Including Brand Name, Product Name, Main Ingredient and Product Name
Table 9-16: Suntory Holdings Limited Functional Beverages Product Portfolio Including Brand Name, Product Name, Main Ingredient and Product Name
Table 9-17: Competitive Landscape of Takeda Pharmaceutical Company Limited including Company Overview, Business Strategies, Brands in Nutraceuticals, Revenue, Business Office, Global Employee Base and Key Personnel
Table 9-18: Takeda Pharmaceutical Company Limited Product Portfolio Including Brand Name, Product Name, Main Ingredient and Product Name
Table 9-19: Competitive Landscape of Coca Cola Limited including Company Overview, Business Strategies, Brands in Nutraceuticals, Number of Branches, Revenue, R&D Center, Sales, Employee Base and Key Personnel
Table 9-20: Lotte Product Portfolio Including Brand Name, Main Ingredient, Variants and Product Form
Table 9-21: Competitive Landscape of Meiji Holdings Co Ltd including Company Overview, Business Strategies, Brands in Nutraceuticals, New Products, Revenue, R&D Center, Sales, Brand Market Share in Japan, Breakdown by Segment, Employee Base and Key Personnel
Table 9-22: Meiji Holdings Co Ltd Product Portfolio Including Category, Brand Name, Main Ingredient, Variants and Product Form
Table 10-1: Future Drivers for Japan Nutraceuticals Market, 2018 - 2022
Table 10-2: Japan Functional Food and Beverages Market Outlook and Future Projections by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of Revenue in USD Million, 2018-2022
Table 10-3: Japan Functional Foods and Beverages Future Recommendations by Product Category (Health, Digestive, Energy Boosters and Others) on the basis of CAGR, 2017(P)-2022
Table 10-4: Japan Dietary Supplements Market Share by Type of Supplement (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
Table 10-5: Japan Dietary Supplements Future Recommendations by Type of Supplements (Probiotics, Herbal Supplements, Omega 3 Fatty Acids, Vitamins and minerals, Protein and Amino Acids and others) on the basis of CAGR, 2017(P)-2022
Table 11-1: Analyst Recommendations for Nutraceuticals Market in Japan
Table 12-1: Rationale for Aging Population in Japan, 2011-2021
Table 12-2: Rationale for Per Capita Health expenditure in Japan, 2011-2021
Table 12-3: Rationale for Prevalence of Obesity in Japan, 2011-2021
Table 12-4: Rationale for Malnutrition in Japan, 2011-2021

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Yakult Honsha Co. Ltd., Miki Corporations, Aquaris by Coca Cola Company, Oronamin C and Pocari Sweat by Otsuka Pharmaceutical Co. Ltd, Lipovitan D, Taisho Pharmaceuticals, Suntory Holdings Limited, Takeda Pharmaceutical Company, Lotte, Meiji Holdings Co Ltd

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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