Sports nutrition is a rapidly growing sector in Asia Pacific. Innovation in Asia generally stems from multinational companies who are looking to enter the market due to the increased consumer interest. However, regulation and claims permitted remains limited across the region, although this is changing. The exception is Australia, where the market is established and highly regulated. Here, innovation is focused on offering cleaner alternatives which in turn has its own regulatory challenges.
Quick facts:
- Asia Pacific is becoming an increasingly important market for sports nutrition products, as more consumers become aware of, and buy in to the category. It was once reserved for athletes and bodybuilders but products are now appealing to recreational sports enthusiasts and even lifestyle users. Hence, the products are also becoming much more widely available across the region.
- Regulation of sports nutrition products, particularly food products, lags somewhat behind other regions around the world. Regulation of sports nutrition products is also inconsistent within Asia Pacific. These products are not generally regulated in many Asian countries despite legislation in place for functional foods.
- Conversely, Australia’s highly developed Sports Nutrition market is tightly regulated. Despite the wide range of health claims available under the TGA for endurance and muscle strength, innovation has shifted away from the functional benefits of individual ingredients, to manufacturers looking to offer ‘cleaner’ supplements which have additional health benefits such as being vegan, vegetarian or organic.
Report preview: Page 9 of 39
Chapters
- Current Situation in Asia Pacific
- Japan
- China
- Taiwan & South Korea
- Australia
- What’s Next?
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