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Halal Nutraceuticals & Vaccines Market

Increasing preference for clean-label products to drive demand for halal nutraceuticals and vaccines

Halal Nutraceuticals & Vaccines Market by Product Type, Distribution Channel, Application & Region - Forecast 2022 - 2032

Halal Nutraceuticals & Vaccines Market Snapshot (2022-2032)

[288 Pages Report] The global halal nutraceuticals & vaccines market size is expected to be valued at US$ 62,510.5 Million in 2022. Halal Nutraceuticals & Vaccines are an essential domestic commodity that have permeated into almost every section of society, leading to a robust and growing global Halal Nutraceuticals & Vaccines market.

The overall demand for halal nutraceuticals & vaccines is projected to grow at a CAGR of 7.7% between 2022 and 2032, totalling around US$ 131,253.4 Million by 2032.

Data Points

Key Statistics

Halal Nutraceuticals & Vaccines Market Value 2022

US$ 62,510.5 Million

Halal Nutraceuticals & Vaccines Market Projected Value (2032)

US$ 131,253.4 Million

Halal Nutraceuticals & Vaccines Market CAGR (2022-2032)

7.7%

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Halal Nutraceuticals & Vaccines Demand Analysis (2016 To 2021) Vs Market Outlook (2022 To 2032)

From 2016 to 2021, sales witnessed significant growth, registering a CAGR of 6.5%. Demand for halal products in the vast Muslim population countries, which is bolstering the market growth.

Manufacturers are tapping into the markets with increasing Muslim population such as Indonesia, Malaysia, Singapore and other countries of Asia Pacific excluding Japan (APEJ).

High demand for halal certified products across APEJ is expected to propel the market demand, with a market index of more than 6.2 during the forecast period. More than 80% of the global halal nutraceuticals & vaccines market revenue are anticipated to be accounted by Middle East & Africa (MEA) and APEJ collectively.

Government initiatives and campaigns undertaken for encouraging halal products also will benefit the market. Growth prospects are likely to remain positive over the coming years, supported by increasing demand for halal dietary supplements.

Hospital pharmacies and retail pharmacies will exhibit high demand. The overall demand for Halal Nutraceuticals & Vaccines is projected to grow at a CAGR of 7.7% between 2022 and 2032, totalling around US$ 131,253.4 Million by 2032.

Which Drivers Underpin Halal Nutraceuticals & Vaccines Industry Expansion?

Favorable Policies & Increasing Demand from Muslim Population to Spur Sales

Government initiatives across the globe undertaken to promote the consumption of halal products have improved the demand. Also, with increasing demand from the Muslim population will spur the demand for halal dietary supplements.

As per the World and Population Trends, by 2030, the world’s Muslim population is anticipated to reach over 2.2 billion people across the globe. With growing awareness about the halal ingredients combined with prevalence of lifestyle disorders, people are opting for halal dietary supplements such as general wellbeing, weight loss and others.

Rising initiatives from government in various countries with a vast Muslim population & encouraging investments in production of halal products will improve the growth. Also, adoption of uniform certification for halal products & increasing funds across Malaysia, India, Singapore, and other Asia Pacific excluding Japan (APEJ) countries will accelerate the growth over the forecast period.

For instance, the government in Malaysia under the association of the Ministry of International Trade & Industry developed the halal products & services to promote the halal products and make the country a halal hub. Such initiatives are anticipated to bolster the market growth and provide lucrative revenue for the market players, specifically across APEJ and MEA.

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Which Factors Are Limiting The Growth Of The Halal Nutraceuticals & Vaccines Market?

High Cost Production & Lack of Acceptance will impede the Halal Nutraceuticals & Vaccines Market Growth

Acceptance of halal nutraceuticals & vaccines will remain higher across China, Malaysia, and other regions of Asia Pacific excluding Japan and Middle East & Africa. However, the demand for halal products will remain stagnant across the U.S., Germany, the U.K and other European countries.

The U.S. being the largest exporter of the halal products, sluggish growth across the country will impact the market negatively. High cost production of the halal dietary supplements and lack of acceptance in European countries might restrict the growth.

Due to lack of awareness & acceptance, high presence of substitute of halal products is hampering the demand. Lack of universal acceptance and high cost for halal certification are urging the market players to adopt alternative ingredients for nutraceuticals & vaccines.

With stringent rules in compliance with halal methods, production of halal nutraceuticals & vaccines has become an intricate task for manufacturers. This, in turn, urges them to indulge in more technological advancements, increasing the cost of production.

Hence, manufacturers are shying away when it comes to producing dietary supplements and other products through halal methods, curbing the production. As a result, these factors are affecting the halal nutraceuticals & vaccines market negatively.

Region-Wise Insights

Will North America Continue Dominance in the Global Halal Nutraceuticals & Vaccines Market?

Halal Nutraceuticals & Vaccines suppliers across the U.S. to favor the sales in the region

The North America Halal Nutraceuticals & Vaccines market is expected to accumulate a market share of 24% in 2022. On a geographic basis, the US is anticipated to be the one of the largest Halal Nutraceuticals & Vaccines markets due to the presence of a lot of exporters.

How big is the Halal Nutraceuticals & Vaccines Market in the U.A.E?

Regulatory policies across the country to continue to drive the demand

The U.A.E is anticipated to be the largest halal nutraceuticals & vaccines market over the forecast period, estimates Future Market Insights. U.A.E is one of the top countries ranked with maximum Muslim pharmaceutical consumers.

Halal nutraceuticals & vaccines suppliers across the U.S. and other countries are advised to consult with local importers prior to shipping to verify the application and halal certification of productions to the U.A.E., says the Food & Agricultural Import Regulations and Standards 2020.

The report also states that products and dietary supplements exported from any other countries such as the U.S. should comply with all the halal labeling requirements. The policy states that the product should have halal certification that must include logo of the approved U.S. Islamic organization, port of loading, production & expiry date, importer & exporter name, slaughtering date and other few strict regulations.

The U.A.E government has made the rules stricter to recover the economy from the loss suffered due to the pandemic. As the economy in the UAE is highly dependent upon travel & tourism, including food & beverages, contributing roughly 10% of GDP.

The government have reduced the import-export taxes and as it has one of the largest Muslim population, the regulatory norms have become stricter for halal products. With the stricter regulations, exporters as well as importers must receive UAE approval for their dietary supplements & food additives and identify them on the product label as halal.

How will the Demand for Halal Nutraceuticals & Vaccines soar in Japan?

Application in immune & digestive health across Japan to Propel Growth

The halal nutraceuticals & vaccines market across Japan is anticipated to witness a sluggish growth over the forecast period owing to the high cost production for the halal products. Lack of acceptance to halal products is expected to limit the market growth.

High production cost for halal compliance and increasing consumption of halal ingredients substitutes will also curb the production of halal nutraceuticals & vaccines in the pharmaceutical industry.

As per the FMI’s analysis, general wellbeing is anticipated to be the largest application in Japan, while the immune & digestive health segment stood at the second position in terms of application. Application in immune & digestive health across Japan is anticipated to account for over 22.7% market share over the forecast period.

How is the Demand for Halal Nutraceuticals & Vaccines Products Soaring across Indonesia?

Favourable regulatory policies combined with the rising preference for halal dietary supplements to propel growth

As per the International Trade Administration, the Indonesia’s Ministry of Religion in October 2020 issued a regulatory policy via decree number 464 a list of 48 types of products that mandates the halal certification. As per the policy, the government imposed the norms that the products such as fats, oils, supplements, milk, sugar, and other bakery food items must obtain halal certifications.

Halal nutraceuticals & vaccines industry players, due to the regulatory policies, are compelled to either obtain halal certification or display the label that their products are not halal.

The latter choice affects the product sales hence market players are scurrying to get the halal certification for the products, which is boosting the market demand. The halal law in the country implementing regulations enacted in October 2019 and will become mandatory starting from October 2024.

The favorable regulatory policies across the country combined with the rising preference for halal dietary supplements will aid the market growth over the coming years. Since the past few years, Indonesia ranks third in terms of Muslim pharmaceutical expenditure, and is estimated as one of the largest halal food spending country, states World Population Review.

As the fourth most populous country across the globe, with maximum Muslim population, Indonesia is a lucrative market for the halal nutraceuticals & vaccines market players. As per Future Market Insights, Indonesia is anticipated to be one of the most lucrative countries propelling growth in Asia Pacific excluding Japan.

What are the Key Factors Enabling Growth in China?

Health benefits of halal supplements to increase sales in the region

China is expected to be one of the most lucrative markets across Asia Pacific excluding Japan, registering a market share of 2.5% by 2032, estimates Future Market Insights. Demand for halal nutraceuticalss and vaccines will continue to be associated with acceptance of halal methods over others. Demand for halal beauty supplements have urged the pharmaceutical & nutraceuticals companies in China to adhere to the guidelines of halal products & processes.

Take for example, Shaanxi Virgin Element Biotech Co. Ltd. and Shandong Yuwang Pharmaceuticals Co. Ltd., both the companies have been producing halal vitamins OEM softgel supplement and vitamin halal kosher supplements for the past few decades.

Due to health benefits of halal supplements and other advantages industry players have increased the uptake of halal dietary supplements across the country catering consumer requirements. High prevalence of nutraceuticals & pharmaceutical companies in China producing and promoting the halal products have accelerated the market demand.

Companies such as Jiangsu Handian Biotechnology Co. Ltd., Hebei Xianri Biotechnology Co. Ltd., Shandong Yuwang Pharmaceutical Co. Ltd and others are increasing the production of halal gummy vitamins supplements across the country, generating lucrative revenues.

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Category-Wise Insights

What is Affecting Halal Dietary Supplements Demand?

Rising prevalence of lifestyle disorders to boost the market growth

Demand for halal dietary supplements is expected to remain higher in China, Malaysia, Dubai, and other MEA countries. Dietary supplements contain ingredients such as fish oil, protein and calcium, which are not halal.

Hence, consumer preference for halal dietary supplements such as weight loss, or immunity boosting supplements will augment the market growth. Surging muslim population and increasing initiatives by government for the promotion and production of halal products will boost the growth.

Across the globe, muslim population accounts for 24% of the world population, which is 1.8 billion as of 2020, as per the national statistics of nations online project report. Hence, with rising prevalence of lifestyle disorders such as diabetes, thyroid and other, demand for halal dietary supplements is burgeoning.

Which Distribution Channel will hold the Lead in Halal Nutraceuticals & Vaccines Market?

Hospital pharmacies to turn out as a dominating segment

While hospital pharmacies are currently the dominating segment, supermarkets segment will register an impressive demand, accounting for over 12.71% of market share by 2022.

Hospital pharmacies are anticipated to grow substantially during the forecast period due to the expansion of the healthcare industry and increasing production of halal products & vaccines across the globe.

With the increasing consolidation of healthcare industry giants and research & development activities for the manufacturing of halal dietary supplements, the segment is expected to register demand.

Which Application will Exhibit High Demand in Halal Nutraceuticals & Vaccines Market?

General wellbeing application segment is anticipated to register positive growth

In terms of application, the market is segmented into sports nutrition, general wellbeing, immune & digestive health, bone & joint health, heart health, disease prevention, and weight loss. Future Market Insights forecasts, general wellbeing is expected to be the largest application contributing to the demand of halal nutraceuticals & vaccines. The segment growth is expected to bolster due to growing consumer demand across Japan.

General wellbeing application segment is anticipated to register positive growth, accounting for over US$ 41 Million through 2022. Immune and digestive is anticipated to be the second-largest segment after general wellbeing, backed by the high demand for halal dietary supplements. Rising demand for halal certified products such as supplements containing fish oil, protein are supporting the general wellbeing segment growth.

With the unprecedented outbreak of COVID-19, the demand for COVID-19 vaccine has burgeoned across the globe. Governments and religious leaders in Muslim-majority nations are issuing guidance, raising concerns over the process.

As per the report of Hackensack Meridian Health, Pfizer-BioNTech disclosed the ingredients of Covid-19, which included mRNA molecules containing genetic material and lipids that contain cells, which aren’t halal. The process and production of vaccine is still under scrutiny of Muslim scholar. Hence, demand for halal vaccines for general well-being is accelerating.

With the growing cases of obesity and rising prevalence of lifestyle disorders, populations with overweight are increasing the consumption of weight loss supplements.

In most of the Western European countries such as the U.K., Germany and across China, Malaysia, Singapore, increasing consumer demand for halal weight loss supplements have bolstered. As such, growth of the weight loss segment is estimated to grow at over 4.8% CAGR over the forecast period, as per FMI’s analysis.

The Start-Up Ecosystem

How Key Players are Opening Frontiers for Future Growth?

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,

  • Originally launched in Switzerland in 2007, Aeronutrix Sports Products made its way to the Indian market in 2015. Its flagship brand Fast&Up, headquartered in Mumbai with a presence in cities like Bengaluru and Hyderabad, is backed by innovative Swiss technology and effervescent science aimed at promoting ‘active living’.

Who are the Leading Players in the Halal Nutraceuticals & Vaccines Market?

Prominent players in the Halal Nutraceuticals & Vaccines market are Abbott Laboratories, Nestlé, Amway, Herbalife International of America, Inc., AJ Biologics Sdn Bhd., and Agropur, Inc.

  • Herbalife Nutrition operates in more than 90 countries with over 10,000 employees around the world. The products are available exclusively through educated and trained independent Herbalife Nutrition distributors who provide comprehensive and personalized solutions to their customers’ nutrition and wellness goals. This person-to-person, high-touch experience is critical to the brand's mission to improve the nutritional habits of its communities and is what positively differentiates it.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 7.7% from 2022-2032

Market Value in 2022

US$ 62,510.5 Million

Market Value in 2032

US$ 131,253.4 Million

Base Year for Estimation

2021

Historical Data

2016-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in US$ Million and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product
  • Distribution Channel
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa (MEA)

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • GCC
  • South Africa
  • Israel

Key Companies Profiled

Key Segments Covered In The Halal Nutraceuticals & Vaccines Industry Analysis

By Product Type:

  • Halal Dietary Supplements
  • Halal Vaccines

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Sales
  • Super Markets

By Application:

  • Sports Nutrition
  • General Wellbeing
  • Immune & Digestive Health
  • Bone & Joint Health
  • Heart Health
  • Disease Prevention
  • Weight Loss

By Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa (MEA)

Frequently Asked Questions

As of 2022, the Halal Nutraceuticals & Vaccines market is slated to reach a valuation of US$ 62510.5 Million

From 2022-2032, sales of Halal Nutraceuticals & Vaccines is expected to grow at a 7.7% CAGR

By 2032, Future Market Insights expects the Halal Nutraceuticals & Vaccines market to reach US$ 131253.4 Million

Table of Content

1. Executive Summary

2. Market Overview

    2.1. Market Definition

    2.2. Market Taxonomy

    2.3. Market Introduction

    2.4. Supply Chain Analysis

    2.5. Global Population Vs. Muslim Population

    2.6. Muslim Country Purchasing Power

3. Global Market Dynamics

    3.1. Macro-economic Factors

    3.2. Drivers

        3.2.1. Supply Side

        3.2.2. Demand Side

    3.3. Restraints

    3.4. Opportunity

    3.5. Trends

4. Global Market Forecast

    4.1. Introduction

        4.1.1. Market Value

        4.1.2. Absolute $ Opportunity

5. Global Market Forecast, By Product

    5.1. Introduction

        5.1.1. Market Value Share & BPS Analysis

        5.1.2. Market Value & Y-o-Y Growth

    5.2. Vaccines Product Type

        5.2.1. Absolute $ Opportunity

        5.2.2. Market Value

    5.3. Dietary Supplements Product Type

        5.3.1. Absolute $ Opportunity

        5.3.2. Market Value

    5.4. Global Market Attractiveness, By Product

6. Global Market Forecast, By Distribution Channel

    6.1. Introduction

        6.1.1. Market Value Share & BPS Analysis

        6.1.2. Market Value & Y-o-Y Growth

    6.2. Hospital Pharmacies Distribution Channel Type

        6.2.1. Absolute $ Opportunity

        6.2.2. Market Value

    6.3. Retail Pharmacies Distribution Channel Type

        6.3.1. Absolute $ Opportunity

        6.3.2. Market Value

    6.4. Online Sales Distribution Channel Type

        6.4.1. Absolute $ Opportunity

        6.4.2. Market Value

    6.5. Super Markets Distribution Channel Type

        6.5.1. Absolute $ Opportunity

        6.5.2. Market Value

    6.6. Global Market Attractiveness, By Distribution Channel

7. Global Market Forecast, By Applications

    7.1. Introduction

        7.1.1. Market Value Share & BPS Analysis

        7.1.2. Market Value & Y-o-Y Growth

    7.2. Sports Nutrition Application Type

        7.2.1. Absolute $ Opportunity

        7.2.2. Market Value

    7.3. General Well-Being Application Type

        7.3.1. Absolute $ Opportunity

        7.3.2. Market Value

    7.4. Immune & Digestive Health Application Type

        7.4.1. Absolute $ Opportunity

        7.4.2. Market Value

    7.5. Bone & Joint Health Application Type

        7.5.1. Absolute $ Opportunity

        7.5.2. Market Value

    7.6. Heart Health Application Type

        7.6.1. Absolute $ Opportunity

        7.6.2. Market Value

    7.7. Disease Prevention Application Type

        7.7.1. Absolute $ Opportunity

        7.7.2. Market Value

    7.8. Weight Loss Application Type

        7.8.1. Absolute $ Opportunity

        7.8.2. Market Value

    7.9. Global Market Attractiveness, By Applications

8. Global Market Forecast, By Region

    8.1. Introduction

        8.1.1. Market Value Share & BPS Analysis

        8.1.2. Market Value & Y-o-Y Growth

    8.2. Market Size (US$ Mn) Forecast by Region

        8.2.1. North America

        8.2.2. Latin America

        8.2.3. Western Europe

        8.2.4. Eastern Europe

        8.2.5. Asia Pacific Excluding Japan

        8.2.6. Japan

        8.2.7. Middle East & Africa

    8.3. Global Market Attractiveness, By Applications

9. North America Market Forecast

    9.1. Introduction

        9.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        9.1.2. Y-o-Y Growth Projections, By Country

    9.2. North America Market Forecast, By Country

        9.2.1. U.S.

        9.2.2. Canada

    9.3. North America Market Forecast, By Product

        9.3.1. Vaccines

        9.3.2. Dietary Supplements

    9.4. North America Market Forecast, By Distribution Channel

        9.4.1. Hospital Pharmacies

        9.4.2. Retail Pharmacies

        9.4.3. Online Sales

        9.4.4. Super Markets

    9.5. North America Market Forecast, By Applications

        9.5.1. Sports Nutrition

        9.5.2. General Well-Being

        9.5.3. Immune & Digestive Health

        9.5.4. Bone & Joint Health

        9.5.5. Heart Health

        9.5.6. Disease Prevention

        9.5.7. Weight Loss

    9.6. North America Market Attractiveness Analysis

        9.6.1. By Product

        9.6.2. By Distribution Channel

        9.6.3. By Application

        9.6.4. By Country

10. Latin America Market Forecast

    10.1. Introduction

        10.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        10.1.2. Y-o-Y Growth Projections, By Country

    10.2. Latin America Market Forecast, By Country

        10.2.1. Argentina

        10.2.2. Brazil

        10.2.3. Mexico

        10.2.4. Rest of Latin America

    10.3. Latin America Market Forecast, By Product

        10.3.1. Vaccines

        10.3.2. Dietary Supplements

    10.4. Latin America Market Forecast, By Distribution Channel

        10.4.1. Hospital Pharmacies

        10.4.2. Retail Pharmacies

        10.4.3. Online Sales

        10.4.4. Super Markets

    10.5. Latin America Market Forecast, By Applications

        10.5.1. Sports Nutrition

        10.5.2. General Well-Being

        10.5.3. Immune & Digestive Health

        10.5.4. Bone & Joint Health

        10.5.5. Heart Health

        10.5.6. Disease Prevention

        10.5.7. Weight Loss

    10.6. Latin America Market Attractiveness Analysis

        10.6.1. By Product

        10.6.2. By Distribution Channel

        10.6.3. By Application

        10.6.4. By Country

11. Western Europe Market Forecast

    11.1. Introduction

        11.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        11.1.2. Y-o-Y Growth Projections, By Country

    11.2. Western Europe Market Forecast, By Country

        11.2.1. Germany

        11.2.2. France

        11.2.3. U.K.

        11.2.4. Italy

        11.2.5. Spain

        11.2.6. Rest of Western Europe

    11.3. Western Europe Market Forecast, By Product

        11.3.1. Vaccines

        11.3.2. Dietary Supplements

    11.4. Western Europe Market Forecast, By Distribution Channel

        11.4.1. Hospital Pharmacies

        11.4.2. Retail Pharmacies

        11.4.3. Online Sales

        11.4.4. Super Markets

    11.5. Western Europe Market Forecast, By Applications

        11.5.1. Sports Nutrition

        11.5.2. General Well-Being

        11.5.3. Immune & Digestive Health

        11.5.4. Bone & Joint Health

        11.5.5. Heart Health

        11.5.6. Disease Prevention

        11.5.7. Weight Loss

    11.6. Western Europe Market Attractiveness Analysis

        11.6.1. By Product

        11.6.2. By Distribution Channel

        11.6.3. By Application

        11.6.4. By Country

12. Eastern Europe Market Forecast

    12.1. Introduction

        12.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        12.1.2. Y-o-Y Growth Projections, By Country

    12.2. Eastern Europe Market Forecast, By Country

        12.2.1. Turkey

        12.2.2. Russia

        12.2.3. Rest of Eastern Europe

    12.3. Eastern Europe Market Forecast, By Product

        12.3.1. Vaccines

        12.3.2. Dietary Supplements

    12.4. Eastern Europe Market Forecast, By Distribution Channel

        12.4.1. Hospital Pharmacies

        12.4.2. Retail Pharmacies

        12.4.3. Online Sales

        12.4.4. Super Markets

    12.5. Eastern Europe Market Forecast, By Applications

        12.5.1. Sports Nutrition

        12.5.2. General Well-Being

        12.5.3. Immune & Digestive Health

        12.5.4. Bone & Joint Health

        12.5.5. Heart Health

        12.5.6. Disease Prevention

        12.5.7. Weight Loss

    12.6. Eastern Europe Market Attractiveness Analysis

        12.6.1. By Product

        12.6.2. By Distribution Channel

        12.6.3. By Application

        12.6.4. By Country

13. APEJ Market Forecast

    13.1. Introduction

        13.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        13.1.2. Y-o-Y Growth Projections, By Country

    13.2. APEJ Market Forecast, By Country

        13.2.1. Malaysia

        13.2.2. Singapore

        13.2.3. Indonesia

        13.2.4. Brunei

        13.2.5. India

        13.2.6. Pakistan

        13.2.7. Rest of APEJ

    13.3. AEPJ Market Forecast, By Product

        13.3.1. Vaccines

        13.3.2. Dietary Supplements

    13.4. APEJ Market Forecast, By Distribution Channel

        13.4.1. Hospital Pharmacies

        13.4.2. Retail Pharmacies

        13.4.3. Online Sales

        13.4.4. Super Markets

    13.5. APEJ Market Forecast, By Applications

        13.5.1. Sports Nutrition

        13.5.2. General Well-Being

        13.5.3. Immune & Digestive Health

        13.5.4. Bone & Joint Health

        13.5.5. Heart Health

        13.5.6. Disease Prevention

        13.5.7. Weight Loss

    13.6. APEJ Market Attractiveness Analysis

        13.6.1. By Product

        13.6.2. By Distribution Channel

        13.6.3. By Application

        13.6.4. By Country

14. Japan Market Forecast

    14.1. Introduction

        14.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        14.1.2. Y-o-Y Growth Projections, By Country

    14.2. Japan Market Forecast, By Product

        14.2.1. Vaccines

        14.2.2. Dietary Supplements

    14.3. Japan Market Forecast, By Distribution Channel

        14.3.1. Hospital Pharmacies

        14.3.2. Retail Pharmacies

        14.3.3. Online Sales

        14.3.4. Super Markets

    14.4. Japan Market Forecast, By Applications

        14.4.1. Sports Nutrition

        14.4.2. General Well-Being

        14.4.3. Immune & Digestive Health

        14.4.4. Bone & Joint Health

        14.4.5. Heart Health

        14.4.6. Disease Prevention

        14.4.7. Weight Loss

    14.5. Japan Market Attractiveness Analysis

        14.5.1. By Product

        14.5.2. By Distribution Channel

        14.5.3. By Application

        14.5.4. By Country

15. MEA Market Forecast

    15.1. Introduction

        15.1.1. Market Value Forecast & Basis Point Share (BPS) Analysis, By Country

        15.1.2. Y-o-Y Growth Projections, By Country

    15.2. MEA Market Forecast, By Product

        15.2.1. Vaccines

        15.2.2. Dietary Supplements

    15.3. MEA Market Forecast, By Country

        15.3.1. Egypt

        15.3.2. U.A.E.

        15.3.3. North Africa

        15.3.4. Saudi Arabia

        15.3.5. Jordan

        15.3.6. Rest of MEA

    15.4. MEA Market Forecast, By Distribution Channel

        15.4.1. Hospital Pharmacies

        15.4.2. Retail Pharmacies

        15.4.3. Online Sales

        15.4.4. Super Markets

    15.5. MEA Market Forecast, By Applications

        15.5.1. Sports Nutrition

        15.5.2. General Well-Being

        15.5.3. Immune & Digestive Health

        15.5.4. Bone & Joint Health

        15.5.5. Heart Health

        15.5.6. Disease Prevention

        15.5.7. Weight Loss

    15.6. MEA Market Attractiveness Analysis

        15.6.1. By Product

        15.6.2. By Distribution Channel

        15.6.3. By Application

        15.6.4. By Country

16. Major Halal Certifying Agencies, By Region

    16.1. North America

    16.2. Latin America

    16.3. Western Europe

    16.4. Eastern Europe

    16.5. Asia Pacific

    16.6. Middle East & Africa

17. Competitive Landscape

    17.1. Competitive Dashboard

    17.2. Company Profiles

        17.2.1. Chemical Company of Malaysia Berhad

        17.2.2. Abbott Laboratories

        17.2.3. Nestlé

        17.2.4. Amway

        17.2.5. Herbalife International of America, Inc.

        17.2.6. AJ Biologics Sdn Bhd.

        17.2.7. Agropur, Inc. (Davisco Business Unit)

        17.2.8. PT Kalbe Farma Tbk

        17.2.9. Kotra Pharma (M) Sdn Bhd

        17.2.10. NoorVitamins

18. Research Methodology

19. Assumptions & Acronyms

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List of Tables

Table 01: Global Market Value (US$ Mn) Forecast, 2021–2031

Table 02: Global Market Value (US$ Mn) Forecast By Product, 2021–2031

Table 03: Global Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 04: Global Market Value (US$ Mn) Forecast By Applications, 2021–2031

Table 05: Global Market Value (US$ Mn) Forecast By Region, 2021–2031

Table 06: North America Market Value (US$ Mn) Forecast By Country, 2021–2031

Table 07: North America Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 08: North America Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 09: North America Market Value (US$ Mn), Forecast By Application, 2021–2031

Table 10: Latin America Market Value (US$ Mn) Forecast By Country, 2021–2031

Table 11: Latin America Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 12: Latin America Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 13: Latin America Market Value (US$ Mn), Forecast By Application, 2021–2031

Table 14: Western Europe Market Value (US$ Mn) Forecast By Country, 2021–2031

Table 15: Western Europe Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 16: Western Europe Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 17: Western Europe Market Value (US$ Mn), Forecast By Application, 2021–2031

Table 18: Eastern Europe Market Value (US$ Mn) Forecast By Country, 2021–2031

Table 19: Eastern Europe Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 20: Eastern Europe Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 21: Eastern Europe Market Value (US$ Mn), Forecast By Application, 2021–2031

Table 22: APEJ Market Value (US$ Mn) Forecast By Country, 2021–2031

Table 23: APEJ Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 24: APEJ Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 25: APEJ Market Value (US$ Mn), Forecast By Application, 2021–2031

Table 26: Japan Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 27: Japan Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 28: Japan Market Value (US$ Mn), Forecast By Application, 2021–2031

Table 29: MEA Market Value (US$ Mn) Forecast By Country, 2021–2031

Table 30: MEA Market Value (US$ Mn) Forecast By Product Type, 2021–2031

Table 31: MEA Market Value (US$ Mn) Forecast By Distribution Channel, 2021–2031

Table 32: MEA Market Value (US$ Mn), Forecast By Application, 2021–2031

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Principal Consultant
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List of Charts

Figure 01: Global Market Absolute $ Opportunity (US$ Bn), 2021–2031

Figure 02: Global Market Value Share and BPS Analysis By Product Type, 2021–2031

Figure 03: Global Market Y-o-Y Growth Comparison By Product Type, 2021–2031

Figure 04: Global Market Value (US$ Mn) Forecast Vaccines 2021–2031

Figure 05: Global Urinary Tract Infection Treatment Market Absolute $ Opportunity (US$ Mn), Dietary Supplements 2021–2031

Figure 06: Global Market Attractiveness Analysis By Product Type, 2021–2031

Figure 07: Global Market Value Share and BPS Analysis By Distribution Channel, 2021–2031

Figure 08: Global Market Y-o-Y Growth Comparison By Distribution Channel, 2021–2031

Figure 09: Global Market Absolute $ Opportunity (US$ Mn), Hospital Pharmacies, 2021–2031

Figure 10: Global Market Absolute $ Opportunity (US$ Mn), Retail Pharmacies, 2021–2031

Figure 11: Global Market Absolute $ Opportunity (US$ Mn), Online Sales, 2021–2031

Figure 12: Global Market Absolute $ Opportunity (US$ Mn), Super Markets, 2021–2031

Figure 13: Global Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 14: Global Market Value Share and BPS Analysis By Applications, 2021–2031

Figure 15: Global Market Y-o-Y Growth Comparison By Applications, 2021–2031

Figure 16: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, Sports Nutrition, 2021–2031

Figure 17: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, General Well-Being, 2021–2031

Figure 18: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, Immune & Digestive Health, 2021–2031

Figure 19: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, Bone & Joint Health, 2021–2031

Figure 20: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, Heart Health, 2021–2031

Figure 21: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, Disease Prevention, 2021–2031

Figure 22: Global Market Absolute $ Opportunity (US$ Mn) & Forecast, Weight Loss, 2021–2031

Figure 23: Global Market Attractiveness Analysis By Applications, 2021–2031

Figure 24: Global Market Value Share and BPS Analysis By Region, 2021–2031

Figure 25: Global Market Y-o-Y Growth Comparison By Region, 2021–2031

Figure 26: Global Market Attractiveness Analysis By Region, 2021–2031

Figure 27: North America Market Share Analysis (%) By Country, 2021 & 2031

Figure 28: North America Y-o-Y growth (%) By Country, 2021–2031

Figure 29: North America Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 30: North America Y-o-Y growth (%) By Product Type, 2021–2031

Figure 31: North America Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 32: North America Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 33: North America Market Share Analysis (%) By Applications, 2021 & 2031

Figure 34: North America Y-o-Y growth (%) By Applications, 2021–2031

Figure 35: North America Market Attractiveness Analysis By Product, 2021–2031

Figure 36: North America Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 37: North America Market Attractiveness Analysis, By Application, 2021–2031

Figure 38: North America Market Attractiveness Analysis, By Country, 2021–2031

Figure 39: Latin America Market Share Analysis (%) By Country, 2021 & 2031

Figure 40: Latin America Y-o-Y growth (%) By Country, 2021–2031

Figure 41: Latin America Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 42: Latin America Y-o-Y growth (%) By Product Type, 2021–2031

Figure 43: Latin America Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 44: Latin America Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 45: Latin America Market Share Analysis (%) By Applications, 2021 & 2031

Figure 46: Latin America Y-o-Y growth (%) By Applications, 2021–2031

Figure 47: Latin America Market Attractiveness Analysis By Product, 2021–2031

Figure 48: Latin America Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 49: Latin America Market Attractiveness Analysis, By Application, 2021–2031

Figure 50: Latin America Market Attractiveness Analysis, By Country, 2021–2031

Figure 51: Western Europe Market Share Analysis (%) By Country, 2021 & 2031

Figure 52: Western Europe Y-o-Y growth (%) By Country, 2021–2031

Figure 53: Western Europe Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 54: Western Europe Y-o-Y growth (%) By Product Type, 2021–2031

Figure 55: Western Europe Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 56: Western Europe Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 57: Western Europe Market Share Analysis (%) By Applications, 2021 & 2031

Figure 58: Western Europe Y-o-Y growth (%) By Applications, 2021–2031

Figure 59: Western Europe Market Attractiveness Analysis By Product, 2021–2031

Figure 60: Western Europe Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 61: Western Europe Market Attractiveness Analysis, By Application, 2021–2031

Figure 62: Western Europe Market Attractiveness Analysis, By Country, 2021–2031

Figure 63: Eastern Europe Market Share Analysis (%) By Country, 2021 & 2031

Figure 64: Eastern Europe Y-o-Y growth (%) By Country, 2021–2031

Figure 65: Eastern Europe Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 66: Eastern Europe Y-o-Y growth (%) By Product Type, 2021–2031

Figure 67: Eastern Europe Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 68: Eastern Europe Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 69: Eastern Europe Market Share Analysis (%) By Applications, 2021 & 2031

Figure 70: Eastern Europe Y-o-Y growth (%) By Applications, 2021–2031

Figure 71: Eastern Europe Market Attractiveness Analysis By Product, 2021–2031

Figure 72: Eastern Europe Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 73: Eastern Europe Market Attractiveness Analysis, By Application, 2021–2031

Figure 74: Eastern Europe Market Attractiveness Analysis, By Country, 2021–2031

Figure 75: APEJ Market Share Analysis (%) By Country, 2021 & 2031

Figure 76: APEJ Y-o-Y growth (%) By Country, 2021–2031

Figure 77: APEJ Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 78: APEJ Y-o-Y growth (%) By Product Type, 2021–2031

Figure 79: APEJ Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 80: APEJ Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 81: APEJ Market Share Analysis (%) By Applications, 2021 & 2031

Figure 82: APEJ Y-o-Y growth (%) By Applications, 2021–2031

Figure 83: APEJ Market Attractiveness Analysis By Product, 2021–2031

Figure 84: APEJ Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 85: APEJ Market Attractiveness Analysis, By Application, 2021–2031

Figure 86: APEJ Market Attractiveness Analysis, By Country, 2021–2031

Figure 87: Japan Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 88: Japan Y-o-Y growth (%) By Product Type, 2021–2031

Figure 89: Japan Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 90: Japan Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 91: Japan Market Share Analysis (%) By Applications, 2021 & 2031

Figure 92: Japan Y-o-Y growth (%) By Applications, 2021–2031

Figure 93: Japan Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 94: Japan Market Attractiveness Analysis By Product, 2021–2031

Figure 95: Japan Market Attractiveness Analysis, By Application,2021–2031

Figure 96: MEA Market Share Analysis (%) By Country, 2021 & 2031

Figure 97: MEA Y-o-Y growth (%) By Country, 2021–2031

Figure 98: MEA Market Share Analysis (%) By Product Type, 2021 & 2031

Figure 99: MEA Y-o-Y growth (%) By Product Type, 2021–2031

Figure 100: MEA Market Share Analysis (%) By Distribution Channel, 2021 & 2031

Figure 101: APEJ Y-o-Y growth (%) By Distribution Channel, 2021–2031

Figure 102: MEA Market Share Analysis (%) By Applications, 2021 & 2031

Figure 103: MEA Y-o-Y growth (%) By Applications, 2021–2031

Figure 104: MEA Market Attractiveness Analysis By Product, 2021–2031

Figure 105: MEA Market Attractiveness Analysis By Distribution Channel, 2021–2031

Figure 106: MEA Market Attractiveness Analysis, By Application, 2021–2031

Figure 107: MEA Market Attractiveness Analysis, By Country, 2021–2031

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