The global dietary supplements market is expected to reach US$220.3 billion in 2022, with a CAGR of 8.8 percent between 2017 and 2022, reports Zion Market Research. Asia Pacific was the largest market, accounting for more than 31 percent share of the total volume of dietary supplements market, and researchers expect this trend to continue in coming years.
The global soluble dietary fibres market was valued at US$1.52 billion in 2016 and is projected to reach a value of US$3.23 billion by 2022, according to market research agency Markets and Markets.
There are approximately 795 million people suffering from malnutrition globally. How can governments and the food industry help relieve this issue in a sustainable yet affordable way? Yannick Foing from DSM’s nutrition improvement program Asia-Pacific discusses possible solutions.
The demand for functional drinks will continue increasing with the improvement of resident health awareness, which opens up various opportunities for functional drink manufacturers, reports Research and Markets.
Recognised as the world’s 13th largest economy, Korea has a forecast annual GDP growth of about 3.9 percent by 2019. Despite the present unstable global economy, food ingredients will always be needed, especially functional and health ingredients in line with the current global health and wellness trend.
Growing at an annual rate of almost 24 percent since 2011, the functional drinks market in China was worth over US$9.1 billion in 2015 when compared to US$3.9 billion in 2011, according to a report by Research & Markets.
Beverages are getting more functional with every launch, and while these provide health benefits and energy, a new category for functional beverages is on the rise: relaxation beverages. APFI learns more from relaxation drink manufacturer Tranquini. By Michelle Cheong
With consumers becoming more interested in a relaxed, balanced lifestyle today, relaxing beverages might be the next trend, according to beverage brand Tranquini.