Japan Nutritional Supplements Market Size & Outlook
Japan nutritional supplements market, 2018-2030 (US$M)
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Japan nutritional supplements market highlights
- The Japan nutritional supplements market generated a revenue of USD 22,415.6 million in 2023 and is expected to reach USD 35,130.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, functional foods and beverages was the largest revenue generating product in 2023.
- Sports Nutrition is the most lucrative product segment registering the fastest growth during the forecast period.
Nutritional supplements market data book summary
| Market revenue in 2023 | USD 22,415.6 million |
| Market revenue in 2030 | USD 35,130.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Functional foods and beverages |
| Fastest growing segment | Sports Nutrition |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Nutrition, Fat Burners, Dietary Supplements, Functional Foods and Beverages |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, Nestle SA, Herbalife Ltd, Amway Malaysia Holdings, PepsiCo Inc, Clif Bar, Science in Sport, THG PLC Ordinary Share, Chesnara PLC |
Other key industry trends
- In terms of revenue, Japan accounted for 5.5% of the global nutritional supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China nutritional supplements market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 60,420.1 million by 2030.
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Nutritional Supplements Market Scope
Nutritional Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan nutritional supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nutritional supplements market will help companies and investors design strategic landscapes.
Functional foods and beverages was the largest segment with a revenue share of 55.9% in 2023. Horizon Databook has segmented the Japan nutritional supplements market based on sports nutrition, fat burners, dietary supplements, functional foods and beverages covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Japan has witnessed significant growth over the years, due to factors such as rapidly aging population, rising health consciousness, and growing demand for preventive healthcare. According to the Population Reference Bureau (PRB), Japan ranked fourth globally in terms of the highest geriatric population in 2020.
Approximately 28.2% of the country’s population was aged over 65 in the same year. The large geriatric population of the country has created a strong demand for supplements addressing age-related health concerns such as bone health, cognitive function, joint health, and overall well-being.
Consequently, this factor has emerged as a major driver for market growth in Japan. The rise in the number of sports participants in this country is one of the key factors positively influencing market growth.
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Our clientele includes a mix of nutritional supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan nutritional supplements market , including forecasts for subscribers. This country databook contains high-level insights into Japan nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan nutritional supplements market
Japan Nutritional Supplements Market Outlook Share, 2023 & 2030 (US$M)
Japan nutritional supplements market
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