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By 2030, it is anticipated that the Singapore Nutrition and Supplements market will reach a value of $xx Mn from $458 Mn in 2022, growing at a CAGR of xx% during 2022-2030. The market is primarily dominated by local players such as Eu Yan Sang International, Bio-Life Science Group, and Blackmores.<br><br>To get a detailed report, contact us at - info@insights10.com
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A sample report on Singapore Nutritional Supplements Market Analysis Includes Market Size, Market Segmented by Types and Key Competitors (Data forecasts from 2023 – 2030F) www.insights10.com
This report presents a strategic analysis of the Singapore Nutritional Supplements Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Singapore Nutritional Supplements Market, and offers unmatched value, accuracy, and expert insights
Report Scope Report Attribute Details Number of Pages 70-80 Base Year for Estimation 2022 Forecast Period 2023-2030 Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends, Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape, Reimbursement Scenario Report Coverage Quantitative Units Revenue in USD Million/Billion (Mn/Bn) Research Approach Secondary Research (60%), Primary Research (40%) Click on the icon to know the detailed methodology 3 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 12-25 1. Nutritional Supplements Overview 1.1. Overview 1.2. Singapore Overview 1.3. Economic Overview: Singapore 1.4. Nutritional Supplements Market in Singapore 1.5. Healthcare Services Market in Singapore 1.6. Healthcare Scenario in Singapore 1.7. Health Insurance Coverage: Singapore 1.8. Budget of the Government for Public Insurance 1.9. Mergers and Acquisitions 26-33 2. Market Size and Forecasting 2.1 Market size and forecasts (Excel and Methodology) 4 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 2.2. Market Segmentation 2.2.1. Product 2.2.2. Type of service 2.2.3. Patient demographics 2.2.4. End-User 34-38 3. Market Dynamics 3.1. Market Growth Drivers 3.1.1. Singapore Nutritional Supplements Market Driver 1 3.1.2. Singapore Nutritional Supplements Market Driver 2 3.1.3. Singapore Nutritional Supplements Market Driver 3 3.2. Market Restraints 3.2.1. Singapore Nutritional Supplements Market Restraint 1 5 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 3.2.2. Singapore Nutritional Supplements Market Restraint 2 3.2.3. Singapore Nutritional Supplements Market Restraint 3 39-49 4. Competitive Landscape 4.1. Major Market Share 4.2. Key Company Profile 4.2.1. GNC 4.2.1.1. Overview 4.2.1.2. Product Applications & Services 4.2.1.3. Recent Developments 4.2.1.4. Partnerships Ecosystem 4.2.1.5. Financials (Based on Availability) 6 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 4.2.2. Eu Yan Sang International Singapore 4.2.2.2. Overview 4.2.2.2. Product Applications & Services 4.2.2.3. Recent Developments 4.2.2.4. Partnerships Ecosystem 4.2.2.5. Financials (Based on Availability) 4.2.3. Nutrilite 4.2.3.1. Overview 4.2.3.2. Product Applications & Services 4.2.3.3. Recent Developments 4.2.3.4. Partnerships Ecosystem 4.2.3.5. Financials (Based on Availability) 7 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 4.2.4. NutriFirst Singapore 4.2.4.2. Overview 4.2.4.2. Product Applications & Services 4.2.4.3. Recent Developments 4.2.4.4. Partnerships Ecosystem 4.2.4.5. Financials (Based on Availability) 4.2.5. Country life 4.2.5.1. Overview 4.2.5.2. Product Applications & Services 4.2.5.3. Recent Developments 4.2.5.4. Partnerships Ecosystem 4.2.5.5. Financials (Based on Availability) 8 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 4.2.6. Usana Singapore 4.2.6.1. Overview 4.2.6.2. Product Applications & Services 4.2.6.3. Recent Developments 4.2.6.4. Partnerships Ecosystem 4.2.6.5. Financials (Based on Availability) 4.2.7. Blackmores Singapore 4.2.7.1. Overview 4.2.7.2. Product Applications & Services 4.2.7.3. Recent Developments 4.2.7.4. Partnerships Ecosystem 4.2.7.5. Financials (Based on Availability) 9 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 4.2.8. Nature’s Farm Singapore 4.2.8.1. Overview 4.2.8.2. Product Applications & Services 4.2.8.3. Recent Developments 4.2.8.4. Partnerships Ecosystem 4.2.8.5. Financials (Based on Availability) 4.2.9. Swisse Singapore 4.2.9.1. Overview 4.2.9.2. Product Applications & Services 4.2.9.3. Recent Developments 4.2.9.4. Partnerships Ecosystem 4.2.9.5. Financials (Based on Availability) 10 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Table of Content CONTENT PG. NO. 4.2.10. Best World 4.2.10.2. Overview 4.2.10.2. Product Applications & Services 4.2.10.3. Recent Developments 4.2.10.4. Partnerships Ecosystem 4.2.10.5. Financials (Based on Availability) 50-57 5. Reimbursement Scenario 5.1. Reimbursement Regulation 5.2. Reimbursement Process for Nutritional Supplements 58-63 6. Methodology & Scope 11 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Singapore Nutritional Supplements Market Analysis 1. Nutritional Supplements Market Overview
1.1 Statistics at a Glance: The Burden of Nutritional Supplements in the World Prevalence of Nutritional Supplements Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Calcium and magnesium are the most prevalent minerals used in Nutritional supplements globally 24% of total Nutritional Supplements users use energy boosting products In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic ▪ Multivitamins were the most consumed Nutritional Supplements in 2022. 42% of total market share was captured by powder Segment in Nutritional Supplements market in the year 2022 In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ $381.5 Bn was the Nutritional Supplements market size in the year 2022. 78% people aged 74+ use supplements for brain health Illustrative Illustrative 13 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.1 Statistics at a Glance: Nutritional Supplements in the World (continued) Europe ~Revenue to reach $7.6 Bn by 2027 North America ~ Market Size of $XX Bn Asia -Fastest CAGR Africa Singapore Market ~$XX Mn Market ~Market Size of $0.6Bn Illustrative Illustrative 14 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.2 Singapore Overview Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic ▪ 5.9 Mn is the population of Singapore, in 2022 466.78 Bn is the Gross Domestic Product (GDP) in Singapore in 2022 In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 42.2 is the median age in Singapore, in 2022 $1.49 K per capita was the amount of national health expenditures in 2022 Illustrative Illustrative 15 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.3 Economic Overview: Singapore Population of Singapore, (2020-2030) GDP of Singapore, (2020-2030) XX XX XX XX 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F Population Split (2023) In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic ▪ By Gender By Age Group In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 0-14 15-24 25-54 Male 48.84 Female 51.16 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 55-64 65+ Illustrative Illustrative 16 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.4 Statistics at a Glance: Nutritional Supplements in Singapore Prevalence of Nutritional Supplements Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ 50%+ share of Singapore’s health supplement industry is held by GNC 11.2 % and 6.4% are respectively the shares of dietary supplements of GNC and Nutrilite in Singapore In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic in Singapore ▪ 139 list of products notified as health supplements and traditional medicines by Health science authority of Singapore has been published in June 2023 88% of Singaporeans prefer global brands of nutritional supplements over local options In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 17.5% of total sales of vitamin’s and protein supplements in Singapore happened through online mode in 2021 $ 456.9 Mn is the average sales value of nutritional supplements in Singapore in year 2022 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 17 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.5 Healthcare Services Market in Singapore Singapore Healthcare Services Market Forecast, 2022-2030 (in $Mn) 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In this section you will get an understanding of the overall Healthcare Services market in Singapore, which includes the market size, current trends and other details related to the topic ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 18 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.6 Healthcare Scenario in Singapore Nutritional Supplements Treatment Process: The process of developing a cancer drug is complex and involves many stages, from preclinical research to clinical trials to regulatory approval. Here is a simplified diagram of the cancer drug development process: Preclinical Research: Researchers identify potential drug candidates and test them in the lab Phase 1 Clinical Trials: Small studies are conducted to test the safety and dosage of the drug in humans Phase 2 Clinical Trials: Larger studies are conducted to test the effectiveness of the drug in treating cancer Phase 3 Clinical Trials: Even larger studies are conducted to compare the new drug to standard treatments and evaluate its safety and effectiveness Regulatory Approval: The drug is reviewed by regulatory agencies such as the FDA and approved for use in the US market o o o o o FDA has developed several approaches to making drugs available as quickly as possible, while still ensuring their safety and effectiveness. Here are four of these approaches: Fast track is a process designed to facilitate the development, and expedite the review of drugs to treat serious conditions and fill an unmet medical need ▪ Fast Track A process designed to expedite the development and review of drugs which may demonstrate substantial improvement over available therapy Breakthrough Therapy ▪ These regulations allowed drugs for serious conditions that filled an unmet medical need to be approved based on a surrogate endpoint Accelerated Approval ▪ Priority Review A Priority Review designation means FDA’s goal is to take action on an application within 6 months ▪ Illustrative Illustrative 19 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.6 Healthcare Scenario in Singapore: Patient Journey Presentation Diagnosis Treatment Follow up Confirmatory Diagnosis Complete blood count (evaluate number & quality of RBCs, Hb & WBCs) Prevention and management of crisis: • For VOC and Splenic Sequestration: HU, Endari, Adakveo, Oxbryta • For infections: Antibiotics, Vaccines • Long term follow-up is required for patients with SCD • Annual assessment: CBC and reticulocyte count, iron status, liver and renal function tests, urinalysis, LDH, vitamin D level and neurocognitive assessment • ESOD (End Stage Organ Damage) evaluation starting from age 7 • Yearly Transcranial Doppler test to determine risk of stroke Initial Diagnosis Imaging (confirm bone related changes or respiratory problems) A suspected diagnosis is usually made, based on physical examination and detailed patient and family history Prenatal screening/ Neonatal screening Bacterial cultures of blood, sputum, urine, stool (detect any infection) Prevention and management of complications: Genetic testing (detect the type of SCD) • Stroke: Chronic transfusions, HU Stakeholders PCP, pediatrician, neonatologist, endocrinologist, cardiologist, hematologist, orthopedist, psychologist and psychiatrist PCP, paediatrician, neonatologist, haematologist and genetic counsellor PCP, pediatrician, medical geneticist, cardiologist, hematologist, endocrinologist, psychologist and psychiatrist PCP, pediatrician, medical geneticist, hematologist, gynecologist and pathologist Depending on the organ complications, the treatment involves different specialists at different times Illustrative Illustrative 20 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.7 Health Insurance Coverage: Singapore % of People by Type of Health Insurance Coverage (2021) Number of People By Health Insurance Coverage Coverage Type 2020 2021 Change % 8.3 Uninsured Total 327,521 328,074 91.7 With health insurance Any health plan 299,230 300,887 0.4 Any private plan 217,896 216,366 –0.6 66.0 Any private plan Employment-based 178,737 178,285 –0.2 54.3 Employment-based Direct-purchase 33,869 33,555 –0.1 10.2 Direct-purchase Marketplace coverage 10,924 11,389 0.1 3.5 Marketplace TRICARE 9,165 8,299 –0.3 2.5 TRICARE Any public plan 112,925 117,095 1.2 58,541 60,226 0.5 35.7 Any public plan 18.4 58,778 61,940 0.9 18.9 VA and CHAMPVA 2,967 3,151 0.1 1.0 VA and CHAMPVA Uninsured 28,291 27,187 –0.4 In 2021, most people (91.7%) had health insurance coverage at some point during 2021 and 8.3 % of people were uninsured for the entire calendar year More people had private health insurance (66%) than public coverage (35.7%) Employer-based insurance was the most common subtype of health insurance in the civilian, noninstitutionalized population (54.3%), followed by Medicaid (18.9%), Medicare (18.4%), direct-purchase insurance (10.2%), TRICARE (2.5%), and VA and CHAMPVA health care (1%) ▪ ▪ ▪ Illustrative Illustrative 21 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.8 Budget of Singapore Government for Public Insurance Proposed Budget By Category 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2022-31 Outlays $769 $709 $766 $841 $840 $947 $1,014 $1,085 $1,227 $1,178 $1,325 $1,412 $10,633 In Billions Of Dollars $458 $521 $571 $582 $616 $645 $674 $698 $734 $768 $801 $837 $6,926 Public Insurance 3.7% 3.2% 3.3% 3.4% 3.3% 3.6% 3.7% 3.8% 4.1% 3.8% 4.1% 4.2% 3.7% As % Of GDP 2.2% 2.4% 2.4% 2.4% 2.4% 2.4% 2.4% 2.4% 2.5% 2.5% 2.5% 2.5% 2.4% National Health Expenditures (NHE) grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP) ▪ Public Insurance spending grew 8.4% to $900.8 billion in 2021, or 21% of total NHE ▪ Private health insurance spending grew 5.8% to $1,211.4 billion in 2021, or 28% of total NHE ▪ Out of pocket spending grew 10.4% to $433.2 billion in 2021, or 10% of total NHE ▪ Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 billion, or 14% of total NHE ▪ Hospital expenditures grew 4.4% to $1,323.9 billion in 2021, slower than the 6.2% growth in 2020 ▪ Physician and clinical services expenditures grew 5.6% to $864.6 billion in 2021, slower growth than the 6.6% in 2020 ▪ Prescription drug spending increased 7.8% to $378.0 billion in 2021, faster than the 3.7% growth in 2020 ▪ Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7% ▪ Illustrative Illustrative 22 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.9 Mergers and Acquisitions RCM M&A Deal Value Trend ($Bn) RCM M&A Deal Volume Trend $16.7 112 110 107 107 89 82 $11.7 $10.5 $7.7 $6.8 $6.0 1H 2020 2H 2020 1H 2021 2H 2021 1H 2022 2H 2022 1H 2020 2H 2020 1H 2021 2H 2021 1H 2022 2H 2022 Buyer Composition: Strategic Vs Financial (2020) Buyer Type by Deal Size ($Mn) 39% 41% 41% 42% 58% 59% 59% 61% Strategic Buyers Financial Buyers $0- $25 $25-$50 $50-$100 $100+ 57% of the total deal volume are done by strategic buyers and the rest 43% are done by financial buyers in 2020 Illustrative Illustrative 23 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.9 Mergers and Acquisitions (continued) Latest Deals In Singapore Amount / Duration Company Name Type Year Key Pointers Pharmactive and Nutraconnect came in partnership in 2022. Pharmactive will provide its botanical extract ingredients Nutraconnect will function as a growth engine for the region in Asia pacific ▪ ▪ Partnership -- 2022 ▪ Everstone Capital, the private equity arm of Everstone Group, has acquired a controlling stake in Softgel Healthcare (SHPL),a neutraceutical company in Singapore. ▪ -- Acquisition 2022 The Singapore-headquartered firm Softgel healthcare said with the acquisition it will aim to scale, diversify, and globally recognize contract research, development, and manufacturing organization ▪ Illustrative Illustrative 24 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
1.9 Mergers and Acquisitions (continued) Latest Deals In Singapore Amount / Duration Company Name Type Year Key Pointers Wellous a nutraceutical company with prevalence in Singapore came into merger deal with kairous acquisition corporation limited. Becoming a public company has always been a part of wellous business strategy, and the merger with Kairous will provide them access to the US markets and potential capacity in accelerating the growth. ▪ Merger $270 Mn 2023 ▪ Illustrative Illustrative 25 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Singapore Nutritional Supplements Market Analysis 2. Market Size and Forecasting
2.1 Market Size and Forecasts (Excel and Methodology) Click on the icon to know the methodology and assumption Singapore Nutritional Supplements Market Forecast, 2022-2030 (in $Bn) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ XX XX In this section you will get an understanding of the overall Nutritional Supplements market in Singapore, which includes the market size, current trends and other details related to the topic ▪ 2022 2023F 2024F 2025F 2026F 2025 2027F 2026 2028F 2027 2029F 2030F 2023 2024 2028 2029 2030 Major Markets Patient (Mn) In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12 Singapore Patient Size (Bn) 0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ % of Singapore Patients 18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45% Global Market Size (Bn $) 3,620 3,780 3,950 4,128 4,314 4,508 4,711 4,937 Singapore Market Size (Bn $) 61 74 84 87 91 95 99 106 Illustrative Illustrative 27 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
2.2 Snapshot of Nutritional Supplements Market Segmentation By Consumer Group By Delivery Channel Product By Formulation Chemists/ Pharmacists Sports Nutrition Tablets Infants Direct to consumer sales Fat burners Capsules Children Dietary supplements Powder Adults E- Commerce Functional foods Soft gels Pregnant Liquid Geriatric Others In this section you will get an understanding of the segmentations which will cover the Singapore Nutritional Supplements Market ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 28 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
2.2.1 Market Segmentation: By Product In Product segment Dietary supplements is a significant component of the overall Nutritional Supplements market in Singapore ▪ Singapore Nutritional Supplements Market Share, By Product (2022) It has the maximum market share in Singapore Nutritional Supplements Market with approximately xx% ▪ Sports nutrition Functional Foods Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Fat Burners Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Dietary supplements Illustrative Illustrative 29 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
2.2.2 Market Segmentation: By Applications In Formulation segment Powder is a significant component of the overall Nutritional Supplements market in Singapore. ▪ Singapore Nutritional Supplements Market Share, By Formulation (2022) Tablets It has the maximum market share in Singapore Nutritional Supplements Market with approximately xx% ▪ Others Capsules Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Liquid In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Powder Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Soft gels Illustrative Illustrative 30 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
2.2.3 Market Segmentation: By consumer group In consumer group segment Adults and geriatric are a significant component of the overall Nutritional Supplements market in Singapore. ▪ Singapore Nutritional Supplements Market Share, By consumer group (2022) It has the maximum market share in Singapore Nutritional Supplements Market with approximately xx% ▪ Infants Geriatric Children Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Pregnant Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Adults Illustrative Illustrative 31 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Singapore Nutritional Supplements Market Analysis 3. Market Dynamics
3.1 Market growth drivers 3.1.1 Growing aging population with above 34% of working population aged 65 years and above by 2035 Increase in geriatric population in Singapore with people suffering from various ailments and disorders requiring Nutritional Supplements. It is projected people aged 60 years and over surpassing 15% of the working population in 2030 ▪ Increase of mean age in Singapore This is driving the demand for Nutritional Supplements treatments such as bone health supplements and cognitive health products and creating opportunities for growth in the Nutritional Supplements market. ▪ Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 2010 2022 2030 Illustrative Illustrative 33 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
3.1 Market growth drivers (continued) 3.1.2 Growth in disposable income in Singapore at a high rate Disposable income is growing at a high rate in Singapore due to rapidly accelerating employee compensation and GST voucher scheme’s cash payouts ▪ A report from Department of Statistics of Singapore states that personal disposable incomes in Q3 of year 2022 has grown by 9.8% ▪ This increase in disposable incomes causes overspending by people of Singapore and leads to increased spending on nutritional supplements. ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 34 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
3.1 Market growth drivers (continued) 3.1.3 Government initiatives to support Nutritional Supplements in Singapore Regulatory Body Guideline Permissible Limits Health Sciences Authority( HSA) of Singapore has set up guidelines to ensure the safety and quality of Nutritional supplements by setting up toxicity limits of various substances used. ▪ Heath Sciences Authority (HSA) Substances not allowed Xx Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ Toxic heavy metal Limits Xx ppm In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Microbial Limits Xx CFU Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Vitamin and mineral limits Xx mg Illustrative Illustrative 35 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
3.2 Market restraints 3.2.1 Limited domestic production of Nutritional supplements in Singapore 3.2.2 Fragmented Nutritional Supplements market structure in Singapore 3.2.3 Limited awareness about Nutritional Supplements in Singapore Singapore has limited domestic production capabilities for nutritional supplements. Most products are imported, which can result in higher costs due to import duties, transportation expenses Only 12% of Singaporeans use domestically produced nutritional supplements Market structure of Nutritional Supplements in Singapore is fragmented which makes difficulty in coordination and establishing standardized guidelines In this type of market there is limited barrier to entry and lack of market dominance by a single firm There is Limited awareness about Nutritional Supplements in Singapore Increasing public knowledge about the role of supplements in addressing specific nutritional needs and supporting overall health can be done ▪ ▪ ▪ ▪ ▪ ▪ Our analysis will thoroughly investigate the key restraints that may significantly impact business operations and growth. Illustrative Illustrative 36 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Singapore Nutritional Supplements Market Analysis 4. Competitive Landscape
4.1 Major Market Share Revenue of Major Players in Singapore Nutritional Supplements Market ($ Mn) Other Some of the top companies in Singapore Nutritional Supplements Market based on revenue and market share include ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ XX Illustrative Illustrative 38 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2 Key Company Profile 1 GNC Key Notes 2 Eu Yan Sang Here is the list of top 10 companies which will cover in the final report Each company will have slides for Overview o Key details o Offerings o Name of products o Recent activities/ Press Coverage o Distribution and Vendor Partners o Mergers, Acquisitions and Collaboration o Financials If there are specific companies that you would like to be included in the report, please let us know via email In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ 3 Nutrilite ▪ 4 NutriFirst Singapore o 5 Country life 6 Usana Singapore 7 Blackmores Singapore 8 ▪ Nature’s Farm Singapore 9 Swisse Singapore ▪ 10 Best world Illustrative Illustrative 39 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.1 GNC Solutions offered by GNC Singapore ▪ GNC is one of the leading nutritional supplements supplier in Singapore and operates in many segments. ▪ It has many centers in the country and operates through online mode as well. ▪ It has global presence in more than 50 countries. Founded in: 1935 ➢ Nutritional Supplements HQ: Pittsburgh, Pennsylvania ➢ Specialty Nutrition Type: Private ➢ Child Nutrition Website: www.gnc.com ➢ Diet and weight management Recent Activity / Press Coverage GNC and CTRL announce new partnership and exclusive launch of product line for gamers GNC live well foundation raises $100,000 to support American diabetes association GNC unveiled wellness tracking feature in mobile app as part of company’s health and wellness capabilities Illustrative Illustrative 40 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.1 GNC Partnerships Ecosystem Major Distribution Partners Major Vendor Partners 41 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.1 GNC Latest Deals - Mergers and Acquisitions Amount / Shares Company Type Year Key Pointers Partnership is aimed for exclusive launch of product line for gamers those looking to embrace healthier dietary and nutrition habits. Expanding GNC's gaming assortment with these exclusive CTRL meal replacement and functional food products is the main goal of this partnership. ▪ Partnership $Xx Mn June 2023 ▪ Illustrative Illustrative 42 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.1 GNC Revenues ($Bn), 2020-2030 GNC is a one of the leading Nutritional Supplements company in Singapore ▪ As of December 31, 2022, the company had a market share of Xx % in the Nutritional Supplements industry in Singapore ▪ 70.9 70.3 63.3 GNC Singapore reported a total revenue of RM Xx billion for the financial year ended November 30, 2022, representing a 11% increase from the previous year ▪ 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F Breakdown of Net Revenue by Segment, 2022 Company's net profit after tax for the same period was RM Xx Mn, a Xx increase from the previous year ▪ 1 2 3 4 Illustrative Illustrative 43 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.2 Company 2 Solutions offered by Company Founded in: HQ: Type: Revenue: Website: Drugs for Cancer Recent Activity / Press Coverage Drugs Indications Illustrative Illustrative 44 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.2 Company 2 (continued) Partnerships Ecosystem Major Distribution Partners Major Vendor Partners Illustrative Illustrative 45 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.2 Company 2 (continued) Latest Deals - Mergers and Acquisitions Amount / Duration Company Name Type Year Key Pointers Illustrative Illustrative 46 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
4.2.2 Company 2 (continued) Revenues ($Bn), 2020-2030 Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ xx xx xx In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability ▪ 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Breakdown of Net Revenue by Segment, 2022 Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 1 2 3 4 Illustrative Illustrative 47 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
Singapore Nutritional Supplements Market Analysis 5. Reimbursement Scenario
5.1 Reimbursement Regulation in Singapore Medicare and Medicaid together provide health insurance coverage for more than 4 in 10 Population The reimbursement scenario in Singapore nutritional supplement market is complex and can vary depending on the specific treatment, setting of care, and insurance coverage. Here are some key points to consider: Public Insurance: o Medicare is a federal health insurance program for people aged 65 and older, as well as people with certain disabilities or health conditions o Medicare covers many cancer treatments, including chemotherapy, radiation therapy, and some immunotherapies o However, coverage can be subject to strict guidelines and restrictions, such as the requirement for prior authorization o Medicaid is a joint federal-state program that provides health insurance for people with low incomes o Medicaid coverage for cancer treatments can vary by state, and may be subject to limits on the amount and type of treatment covered Private Insurance: o Private insurance coverage for cancer treatments can also vary widely depending on the insurer and the specific policy o Some policies may have high out-of-pocket costs, such as deductibles and co-pays, while others may have more comprehensive coverage ▪ Other Public 1% Other Private 3% Uninsured 9% Medicare 17% Medicaid and CHIP 21% ▪ Employer-Sponsored 49% Health Insurance Coverage, 2022 Illustrative Illustrative 49 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential
5.1 Reimbursement Regulation in Singapore (continued) Affordable Care Act: Affordable Care Act (ACA) includes provisions to help improve access to cancer treatments by requiring insurers to cover certain preventive services, including cancer screenings, without co-pays or deductibles It also includes protections for people with pre-existing conditions, such as cancer Reimbursement for New Treatments: Reimbursement for new cancer treatments can be a complex and lengthy process, as insurers and government programs often require evidence of safety and effectiveness before providing coverage This can create challenges for companies developing and marketing new treatments Value-Based Care: There is a growing trend towards value-based care, which aims to improve outcomes and lower costs by focusing on the value of treatments rather than simply the volume of treatments Value-based care models can include payment models that tie reimbursement to outcomes or performance metrics ▪ o o ▪ o o ▪ o o In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative Illustrative 50 A Sample Report on Singapore Nutritional Supplements Market Analysis I Confidential