Malaysia Fresh Vegetables Market Growth Opportunities - Ken Research
by Ashish Kumar Market ResearcherMalaysia's wellness and fitness industry is the highest
revenue earner for the country and has a significant place in the everyday life
of the Malaysians. It is observed that Malaysia has captured the wellness and
fitness market by developing wellness tourism along with medical tourism which
includes Malaysia Urban Retreat Festival (Murfest), yoga, spiritual retreats
and fitness weeks.
Malaysians are attaining health and well being through
physical, psychological or spiritual activities which has become an
international trend among health-conscious people. Fit Malaysia is a brand
program that encourages Malaysians to adopt healthy lifestyles, excel in sports
and incorporates the mental aspect in consumers. Fitness is not just about
physical sports, running, cardio, boxing, self-defence or cycling, but also
about mind-body wellness. Fly yoga or aerial yoga are new forms of exercises
that makes use of hammocks and is a popular program in Fit Malaysia event.
According to the report, “Health and Wellness in Malaysia”, the rise in the aging population in Malaysia is the
major factor influencing the wellness and fitness market. Products related to
age-related disorders such as digestive system, and products related to
maintain blood sugar levels are of great demand. Probiotic products contribute
to the health and wellness market growth in Malaysia which are used as a
substitute for growth promoters and antibiotics. The leading companies in
prebiotic products are Yakult Honsha and Chr. Hansen which developed patented
strains of microorganisms (probiotics) advantageous to human health.
The vitamins and dietary supplements include weight
management products, herbal and traditional products. The health supplement
market in Malaysia involves international and regional vendors with quality and
affordable pricing for consumers. The international competitors in Malaysia
have inorganically acquired the regional or local competitors. The leading
competitors in the health and wellness market are Amway, CCM, Cosway,
Herbalceutical, Herbalife, Astana Biocare, Bioalpha, Dynapham Herbal, Era
Herbal, QD Herbs, and White Heron Pharmaceuticals. The Malaysian population is
increasing steadily demanding for more health and wellness products.
The next trillion dollar industry is the global health and
wellness market considering the wealth of applications and products available
in the market. The global health and wellness market incorporates a variety of
industries such as nutraceuticals, cosmeceuticals, healthy eating, nutrition,
weight loss, complementary and alternative medicine, preventative and
personalized health, and beauty and anti-aging products have increased in leaps
and bounds. The popular three trends in the health and wellness global market
are athleisure, boutique fitness, and organic diet.
The global nutraceutical products in health and wellness
market are categorised into functional foods, functional beverages, and dietary
supplements. Cosmeceuticals market is again categorised into cosmeceutical
ingredients, cosmeceutical products, and cosmeceutical sales. The market is
driven by increasing health awareness and availability of health and wellness
products. There is a great demand for healthcare devices such as exercise
equipment, organic foods, and supplementary diets in the health and wellness
market. The leading players in the global health and wellness market are
Philips Healthcare, Abbott Laboratories, LifeScan, Inc., B. Braun Melsungen AG,
Animas Corporation, L’Oréal, Johnson & Johnson, Nestle S.A., General Mills,
Inc., Coca-Cola, Omron Healthcare, F. Hoffmann-La Roche, and Medtronic, Inc.
Majority of Malaysians are suffering from stress related
diseases which has stemmed from rising stress levels at work. Considering the
serious implications of stress at the workplace, Malaysian organizations have
considered the work related stress and psychosocial risks as part of their
safety and health strategy. Managing stress at work has created a healthy work
environment with more positive business performances that have improved
drastically as the employees turned more productive.
The segregation and analysis of the health and wellness
market includes fitness equipment, preventive, personalized health, wellness
tourism, beauty and personal care products, health and wellness foods. With the
growing population and realisation of the importance of healthy products, there
will be a growing demand for more and more health and wellness products in the
coming years that will further assist in market expansion.
Key Topics Covered in
the Report
Malaysia Health Industry Future Outlook
Malaysia Health and Wellness Industry Trends
Malaysia Organic Products Market Analysis
Malaysia Competitors for Fortified Goods
Malaysia Fresh Vegetables Market Growth Opportunities
Malaysia Packaged Food Market Trends
Malaysia Energy Drinks Market Demand
Malaysia Herbal Products Market Demand
Malaysia Healthy Foods Market Revenue
Malaysia Healthy Beverages Market Analysis
Global Health and Wellness Market Research Report
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Created on Sep 4th 2017 04:15. Viewed 1,131 times.