Page 86 - Malaysian Dietary Supplement Industry Status and Outlook Report 2019-2020 Preview
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Figure 5.5: Global Consumer Nutrition Framework for Development
Trends, 2019-2020.
Source: Eigis Analysis. The Malaysian dietary supplements
industry is moving alongside global
megatrends. In particular, three are
pertinent: the lifestyle-centricity of
dietary supplements consumption,
personalized nutritional consumption,
and consumption for inside-out health.
Over the globe, healthcare costs are rising. People are living
longer but not necessarily healthier. Consider the following:
• In 2015, global healthcare spending was estimated
at around USDn,nnn billion against a population of
n.n billion.
• Global healthcare spending is growing at a CAGR of
between n.n-n.n%. By 2020, global healthcare
spending will reach USDn,nnn billion against a
population of n.n billion.
• Global healthcare spending per capita in 2015 was
estimated at USDnnn billion versus USDn,nnn billion
by 2020, representing a CAGR of n.n%.
• Comparatively, global GDP is projected to grow at
just less than n.n% for 2019 and possibly up to 2020.
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