A positive outlook is expected for vitamins in Singapore over the forecast period, with volume and current value growth expected in all years. Demand will continue to be driven by heightened awareness of preventive health, including immunity-boosting benefits and skin health benefits.
Whilst vitamins consumption is expected to remain stable across the country, given the increased interest in health post-pandemic, it is unlikely that single vitamins will experience such high volume growth rates as witnessed during the first couple of years of the pandemic. Due to the perceived need for higher convenience along with accelerating lifestyles, consumers will look towards the consumption of multivitamins with bundled benefits over the consumption of multiple single vitamins.
As the threat of the pandemic has largely reduced in Singapore, vitamin C is expected to see a slowing of growth over the course of the forecast period. Increased health education and awareness also means that consumers are more aware of alternative immune-boosting products.
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 Vitamins industry in Singapore 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 Vitamins industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Vitamins
This report originates from Passport, our Vitamins 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!