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Among all industries in Japan, only the nutraceutical industry showed an average annual growth rate in the double-digits for the last 15 years. Back in 1987, the industry was just over $2 billion in size; today, it is $21.1 billion. (Nutraceuticals Japan 2003 report) More specifically, the nutritional supplement market is $8.5 billion and the functional food market is $12.5 billion.
Since the Japanese population is 126 million. this means that each Japanese person spends $166 per year on nutraceutical products. This compares with each American spending $136 and each European spending $92 a year. On a per-capita basis in nutraceutical consumption, Japan is number one.
Shaklee corporation is poised to take advantage of this demographic trend with its global expansion program. It also has the most advanced Anti-Aging product in the world today.medical industry and health care providers need to take a look at their product Vivix which has been developed and researched By Physicians in Harvard Medical School.