Page 24 - FoodFocusThailand No.245 September 2026
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             Table 2. Strategic recommendations from the changing approach to future Thai dietary supplement product development
                   Key Area         Previous Approach       New Direction          Strategic Recommendations
              Development Starting Point  Start with nutrients or ingredients  Start with specific consumer   Use health problems and goals as the basis for product
                                                        needs                development
              Product Positioning  Communicate the properties of   Communicate the benefits   Communicate benefits in a simple, easy-to-understand way
                                  nutrients             consumers receive    and differentiate from competitors
              Product Format      Primarily tablets/capsules  Foods and beverages for daily   Develop products that are more convenient and better
                                                        consumption          aligned with consumer behavior
              Differentiation     Competing through ingredients  Competing through   Combine multiple benefits in a single product without making
                                                        formulation, benefits, taste,   the core value proposition overly complex
                                                        and experience
              Target Consumer     Consumers seeking dietary   Consumers with specific   Develop products for specific segments, such as older adults,
                                  supplements           health goals         working-age consumers, athletes, or weight-management
                                                                             consumers
              Long-Term Growth    Supplement-led Nutrition  Need-state-led Nutrition  Expand from the dietary supplement market into functional
                                                                             nutrition and drive repeat consumption in daily life
             Source: National Food Institute
            digestive health or protein for muscle support. As a result,  broader health and wellness market. For OEM/ODM businesses,
            consumers can address similar health needs through  it also creates opportunities to expand into new food and beverage
            diverse formats, including dietary supplements, fortified  formats with greater speed and adaptability.
            foods, functional foods, and healthy beverages.
               Competition is therefore broadening from supplements  Credibility, Efficacy, and the Ability to Distinguish
            to the wider nutrition market. Thai entrepreneurs must  “Trend-driven Products” from “Long-term Trends”
            compete across multiple dimensions, including health  will be Decisive Factors
            benefits, convenience, taste, price, and lifestyle fit. They  As new products can enter the market more quickly, entrepreneurs
            also face competition from international brands and  need to distinguish between trends driven by short-term hype—often
            imported products, which often reach consumers through  fueled by social media, influencers, or ingredients that are popular for
            e-commerce,  particularly  in  premium  health,  sports  a limited period—and consumer needs that are likely to grow steadily
            nutrition, beauty, and healthy-aging segments.  over the long term, such as protein, multivitamins, gut health, healthy
                                                            aging, bone and joint health, and nutrition for older adults. For trend-
            From Ingredient-led to Need State-led: Speed  driven products, entrepreneurs should prioritize speed in product
            of Adaptation Becomes a Competitive Factor      development and market testing in order to capture opportunities
            The market is shifting from ingredients as the primary   while the trend is gaining momentum. In contrast, products addressing
            selling point toward clearly addressing specific health   long-term consumer needs should focus on product quality, scientific
            needs. In the past, popular ingredients included vitamin C,   evidence, and consistent brand building to encourage repeat
            collagen, zinc, ginseng, and whey protein. However, as   purchases and establish long-term revenue streams.
            consumers can easily compare products containing similar   Therefore, entrepreneurs should not choose exclusively between
            ingredients, differentiation based solely on ingredients   “trend-driven products” and “long-term products,” but should manage a
            is becoming increasingly difficult. Product development   product portfolio that encompasses both types. Trend-driven products
            is now moving from Consumer Need → Formulation   can be used to generate interest and attract new consumers, while
            → Product Concept, with examples including products   long-term products can serve as the foundation for driving repeat
            designed for muscle mass, digestive health, sleep, or the   purchases and building ongoing consumer relationships. The use of
            nutritional needs of older adults. Greater emphasis is being   popular ingredients may help create buzz and attract attention in the
            placed on target consumers and consumption occasions   short term, but repeat purchases will depend on consumers’ perceived
            rather than on one-size-fits-all solutions.     efficacy, product credibility, and the genuine value they receive.
               OEM/ODM providers play an increasingly important   Scientific evidence, regulations, and health benefit claims will play
            role in this structure. These providers enable brand owners   an increasingly important role. Entrepreneurs therefore need to align
            to develop formulations, manufacture products, and test   consumer needs, ingredients, product formulations, and scientific
            the market without investing in their own facilities. This   evidence with communication requirements in order to reduce the risk
            lowers entry barriers and accelerates product launches,   of making exaggerated claims. At the same time, product formats will
            resulting in a steady stream of new brands. Yet speed   increasingly emphasize convenience and alignment with consumers’
            alone is not enough. As competition intensifies, products   lifestyles, shifting from tablets and capsules toward drink mixes, ready-
            are quickly imitated and product life cycles are becoming   to-drink (RTD) beverages, and effervescent tablets.
            shorter. Strategic capability now lies in the ability   Ultimately, competition will come down to striking the right balance
            to study market trends, develop products, test the   among health benefits, scientific evidence, convenience, taste, and
            market, launch, gather feedback, and rapidly adjust   value for money. Products that are credible, clearly address specific
            formulations or positioning.                    health needs, are convenient to use, and offer good value will have
               Overall,  the  market  structure is expanding  from   the potential to evolve from “trend-driven products” into brands that
            dietary supplements to functional nutrition, encompassing   generate repeat purchases and achieve sustainable growth.
            supplements, fortified foods and beverages, and functional
            foods. This creates opportunities for businesses to
            compete beyond supplements and expand into the
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