| Product Code: ETC4541606 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for nutraceutical products experienced notable growth from 2023 to 2024, with a growth rate of 11.54% during that period. The compound annual growth rate (CAGR) for the years 2020 to 2024 stood at 12.22%. This growth can be attributed to a shift in consumer demand towards health and wellness products, driving increased imports of nutraceuticals into the Thai market.
The Thailand Nutraceutical Products Market is growing as consumers increasingly prioritize health and wellness. Nutraceuticals encompass a wide range of products, including dietary supplements, functional foods, and beverages designed to provide specific health benefits. Thai consumers are seeking products that can support their well-being, address nutritional deficiencies, and promote overall health. As this market continues to develop, manufacturers will explore innovative ways to create nutraceutical products that meet the unique needs of Thai consumers.
The Nutraceutical Products market in Thailand is witnessing substantial growth as consumers increasingly prioritize health and wellness, driving the demand for functional foods, dietary supplements, and fortified beverages. Nutraceuticals, known for their potential health benefits beyond basic nutrition, are gaining traction among individuals seeking preventive healthcare solutions. The aging population interest in products promoting joint health, immunity, and cognitive function is a significant driver for the market. As consumer awareness grows regarding the connection between nutrition and overall well-being, the Nutraceutical Products market in Thailand is poised for sustained expansion, offering a wide range of products that support a healthy and active lifestyle.
The Thailand Nutraceutical Products Market faces challenges related to stringent regulatory frameworks and the need for scientific validation of health claims. Navigating the complex regulatory landscape to bring innovative nutraceutical products to market requires substantial investments and expertise. Building consumer trust by providing transparent information about product efficacy and safety is crucial. The industry must also address evolving health trends and preferences to stay relevant and competitive in the rapidly advancing field of nutraceuticals.
The COVID-19 pandemic impacted the Thailand Nutraceutical Products Market, causing disruptions in the health and wellness industry. The restrictions on movement and uncertainties in the market affected nutraceutical product manufacturing and sales. However, post-pandemic, the market witnessed a resurgence as consumers prioritized immunity-boosting and wellness products. Increased demand for nutraceuticals in supplements, functional foods, and beverages contributed to the recovery of the Nutraceutical Products Market.
Nutraceutical Products market in Thailand witnesses the presence of NutriVital Corp., WellnessWonders Ltd., and NatureNourish.
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 Thailand Nutraceutical Products Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Nutraceutical Products Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Nutraceutical Products Market - Industry Life Cycle |
3.4 Thailand Nutraceutical Products Market - Porter's Five Forces |
3.5 Thailand Nutraceutical Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Nutraceutical Products Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Thailand Nutraceutical Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Nutraceutical Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness and focus on preventive healthcare among consumers in Thailand |
4.2.2 Growing aging population in Thailand leading to higher demand for nutraceutical products |
4.2.3 Rising disposable income and changing lifestyle patterns driving the demand for functional foods and dietary supplements |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for nutraceutical products in Thailand |
4.3.2 Limited consumer awareness and education regarding the benefits of nutraceutical products |
4.3.3 Presence of counterfeit and low-quality products impacting consumer trust and market growth |
5 Thailand Nutraceutical Products Market Trends |
6 Thailand Nutraceutical Products Market, By Types |
6.1 Thailand Nutraceutical Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Nutraceutical Products Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Nutraceutical Products Market Revenues & Volume, By Food, 2021-2031F |
6.1.4 Thailand Nutraceutical Products Market Revenues & Volume, By Beverages, 2021-2031F |
6.1.5 Thailand Nutraceutical Products Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2 Thailand Nutraceutical Products Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Nutraceutical Products Market Revenues & Volume, By Probiotics, 2021-2031F |
6.2.3 Thailand Nutraceutical Products Market Revenues & Volume, By Prebiotics, 2021-2031F |
6.2.4 Thailand Nutraceutical Products Market Revenues & Volume, By Vitamins, 2021-2031F |
6.2.5 Thailand Nutraceutical Products Market Revenues & Volume, By Minerals, 2021-2031F |
6.3 Thailand Nutraceutical Products Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Nutraceutical Products Market Revenues & Volume, By Conventional Stores, 2021-2031F |
6.3.3 Thailand Nutraceutical Products Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Thailand Nutraceutical Products Market Revenues & Volume, By Drugstores & Pharmacies, 2021-2031F |
7 Thailand Nutraceutical Products Market Import-Export Trade Statistics |
7.1 Thailand Nutraceutical Products Market Export to Major Countries |
7.2 Thailand Nutraceutical Products Market Imports from Major Countries |
8 Thailand Nutraceutical Products Market Key Performance Indicators |
8.1 Number of new product launches in the nutraceutical products market |
8.2 Consumer adoption rate of nutraceutical products in Thailand |
8.3 Investment in research and development for innovative nutraceutical products |
8.4 Number of partnerships and collaborations in the nutraceutical industry |
8.5 Growth in the number of health and wellness influencers promoting nutraceutical products on social media |
9 Thailand Nutraceutical Products Market - Opportunity Assessment |
9.1 Thailand Nutraceutical Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Nutraceutical Products Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Thailand Nutraceutical Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Nutraceutical Products Market - Competitive Landscape |
10.1 Thailand Nutraceutical Products Market Revenue Share, By Companies, 2024 |
10.2 Thailand Nutraceutical Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |