Market Research Report Herbalife Performance in Vietnam,Amway Share in Vi | Page 3
Vietnam Nutraceuticals Market Size
In 2016, revenues of Vietnam nutraceuticals industry including dietary
supplements and functional foods and beverages collectively, accounted to
USD ~ million. The market recorded the growth at a CAGR of ~%, from USD ~
million generated in the year 2011. The rising awareness and knowledge
about health and fitness is one of the major drivers for nutraceuticals market
in Vietnam. The Vietnamese population strongly believes that diet has a
major role to play in health aspects. Increase in the purchasing power has
also helped the Vietnamese population in spending high amount towards
good quality nutritional supplements in order to adopt a healthy living
lifestyle.