Market Research Report Herbalife Performance in Vietnam,Amway Share in Vi | Page 8

Vietnam nutraceuticals market is estimated to display a growth with a rising
standard of living and health consciousness among the Vietnamese
population. They believe nutraceuticals products provide good health
benefits. The growing investments by the international players like Amway
and Yakult Honsha are expected to further increase the awareness about the
nutraceuticals in the market, which would fuel the market during the forecast
period. Moreover, the growing number of domestic players in the market is
further expected to accentuate the growth during the forecast year.
Companies such as TH Group and Vietnam Food are continuously engaged in
developing new and innovative products for the market. The market for
nutraceuticals in Vietnam is estimated to experience a growing demand at a
CAGR of ~% during the forecast period.