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Fuji Keizai Releases Report on Specified Health Food Market in Japan.

Tokyo, Japan, Sept 28, 2005 - (JCNN) - Japanese market researcher Fuji Keizai has published a report on the specified health food market in Japan. The report indicates that the overall market for specified health foods products is still growing while there are declines in some products.

The report estimates that the market reached 342.1 billion yen ($3.1 bil) in 2004 and is expected to reach 377.1 billion yen ($3.4 bil) in 2006.

The report identifies some growing segments: alpha-lipoic acid, gamma aminobutyric acid (GABA), and vegetable supplements. The alpha-lipoic acid segment leaped from 60 million yen ($535,000) in 2004 to 7.7 billion yen ($68 mil) in 2006; the GABA segment will leap more than sixfold from 2.6 billion yen ($23 mil) to 16.4 billion yen ($146 mil); the vegetable supplement segment will more than double from 6.1 billion yen ($54 mil) to 15 billion yen ($134 mil).

Entitled "Market of Specified Health Foods and Promising Ingredients 2005," the 191-page report, available only in Japanese, sells for 105,000 yen ($937) in hardcopy and 115,500 yen ($1,030) with a supplemental CD-ROM.

Source: JCN

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Publication:JCNN News Summaries
Date:Oct 4, 2005
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