Product Code: ETC352109 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
As far as distribution channels are concerned, supermarkets/hypermarkets remain the dominant channel for sales of vitamins & dietary supplements due to their wide reach across different cities in Philippines; this is closely followed by drugstores/parapharmacies which account for around 30%. Online retailers currently hold only 4. 2% of total sales but its share can be expected to increase significantly over the next few years given the increasing popularity of online shopping platforms in Philippines coupled with intense competition between various players offering competitive prices along with convenience factors such as home delivery services etc.
The Philippines vitamins and supplements market is poised for growth as health and wellness trends continue to influence consumer choices. Factors such as increasing disposable income, growing awareness of preventive healthcare, and a preference for natural and organic products will drive the demand for vitamins and supplements. The e-commerce boom and the availability of a wide range of products will further boost market expansion. Additionally, collaborations between healthcare professionals and supplement manufacturers will enhance consumer trust and promote market growth.
The vitamins and supplements market as a whole faces challenges of regulatory compliance and consumer skepticism. Ensuring that products meet quality standards and delivering transparent information about their benefits is essential to build trust among consumers.
Supply chain disruptions, economic uncertainties, and shifts in consumer behavior influenced the demand for these products. While there was heightened interest in immune-boosting and overall wellness products, challenges in sourcing and distribution affected the industry. The market`s outlook hinges on the ongoing emphasis on health consciousness, the recovery of supply chains, and the ability of the industry to adapt to changing consumer needs.
The broader vitamins and supplements market in the Philippines reflects the growing trend of consumers seeking to improve their overall health and well-being. This market includes a wide range of products, from individual vitamins to multivitamins and specialized supplements. Various local and international companies operate in this competitive market, including Unilab, GNC, and Herbalife.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vitamins And Supplement Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vitamins And Supplement Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vitamins And Supplement Market - Industry Life Cycle |
3.4 Philippines Vitamins And Supplement Market - Porter's Five Forces |
3.5 Philippines Vitamins And Supplement Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Vitamins And Supplement Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Vitamins And Supplement Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Vitamins And Supplement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Vitamins And Supplement Market Trends |
6 Philippines Vitamins And Supplement Market, By Types |
6.1 Philippines Vitamins And Supplement Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vitamins And Supplement Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Vitamins And Supplement Market Revenues & Volume, By Multivitamins, 2021-2031F |
6.1.4 Philippines Vitamins And Supplement Market Revenues & Volume, By Calcium Supplements, 2021-2031F |
6.1.5 Philippines Vitamins And Supplement Market Revenues & Volume, By Pediatric Supplements, 2021-2031F |
6.1.6 Philippines Vitamins And Supplement Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Vitamins And Supplement Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vitamins And Supplement Market Revenues & Volume, By Capsule, 2021-2031F |
6.2.3 Philippines Vitamins And Supplement Market Revenues & Volume, By Tablet, 2021-2031F |
6.2.4 Philippines Vitamins And Supplement Market Revenues & Volume, By Powder, 2021-2031F |
6.2.5 Philippines Vitamins And Supplement Market Revenues & Volume, By Liquid/Gel, 2021-2031F |
6.3 Philippines Vitamins And Supplement Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Vitamins And Supplement Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Philippines Vitamins And Supplement Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Philippines Vitamins And Supplement Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Philippines Vitamins And Supplement Market Revenues & Volume, By Online Retails, 2021-2031F |
7 Philippines Vitamins And Supplement Market Import-Export Trade Statistics |
7.1 Philippines Vitamins And Supplement Market Export to Major Countries |
7.2 Philippines Vitamins And Supplement Market Imports from Major Countries |
8 Philippines Vitamins And Supplement Market Key Performance Indicators |
9 Philippines Vitamins And Supplement Market - Opportunity Assessment |
9.1 Philippines Vitamins And Supplement Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Vitamins And Supplement Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Vitamins And Supplement Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Vitamins And Supplement Market - Competitive Landscape |
10.1 Philippines Vitamins And Supplement Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vitamins And Supplement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |