Retail value sales (at constant 2023 prices) of dietary supplements are expected to record solid growth in Vietnam over the forecast period due to local consumers' increasing interest in their physical and mental health. The popularity of dietary supplements is rising as a result of the greater focus on self-care and sickness prevention.
As a result of the pandemic and subsequent home seclusion, loss of income and high inflation, a high proportion of Vietnamese consumers are believed to be struggling with depression, memory loss, lack of sleep and stress issues, which are unlikely to quickly dissipate over the forecast period. This is combined with modern lifestyles, which often involve high levels of stress, information overload, and insufficient sleep.
Vietnam has a long history of using traditional medicine as part of health maintenance, disease prevention and treatment, which largely explains the high consumption of herbal/traditional vitamins and dietary supplements in the country. Most local consumers are familiar with the use of traditional herbs to alleviate the symptoms of coughs, colds and flu, in addition to such conditions as high blood pressure.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Dietary supplements industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dietary supplements industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dietary supplements
It is the aggregation of all dietary supplements: Minerals, fish oils/omega fatty acids, garlic, ginseng, ginkgo biloba, evening primrose oil, Echinacea, St John's Wort, protein supplements, probiotic supplements, eye health supplements, co-enzyme Q10, glucosamine, combination herbal/traditional supplements, non-herbal/traditional supplements, and all other dietary supplements specific to country coverage.
See All of Our DefinitionsThis report originates from Passport, our Dietary supplements research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!