China Nutritional Supplement Market Growth, Size, Trends, Demand and Future Competition 2033
China Nutritional Supplement Market Size- By Product, By Consumer Group, By Formulation, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2023 | Report ID: NUTR2301 | Pages: 1 - 102 | Formats*: |
| Category : Nutraceuticals | |||
China Nutritional Supplement Market Introduction and Overview
According to SPER Market Research, the China Nutritional Supplement Market is estimated to reach USD 89.63 billion by 2033 with a CAGR of 10.24%.
The report includes an in-depth analysis of the China Nutritional Supplement Market, including market size and trends, product mix, distribution channels, and supplier analysis. Products that deliver the essential nutrients in sufficient quantities for good physiological performance are known as nutritional supplements. It includes ingredients that are used to increase a diet's nutritional value, including vitamins, proteins, herbs, meal supplements, sports nutrition, and other things of a like. They are added to the diet to enhance general health and energy, boost the immune system, and reduce the risk of illness.
- October 2018: Swisse Wellness, a premier brand of the H&H Group, has announced the release of the Swisse Ultimatal line of goods, which is intended to enhance couples' health during the family planning period. The product is intended to improve both the women's and men's health, as well as the health of the unborn child.
- August 2019: Persona was purchased by Nestle Health Science (NHSc), one of the Nestle Group's companies, in order to enter the personalised nutrition sector.
China Nutritional Supplement Market Market Opportunities and Challenges
- The opportunities for the market for nutritional items has been created by an increase in health-conscious behaviour, an increase in lifestyle diseases, the country's expanding per capita GDP, a shift towards preventative healthcare, the use of botanicals for their therapeutic effects, and the expansion of e-commerce.
- However, the hurdles include strict regulatory frameworks, rivalry from local brands, and product registration under the China Food and Drug Administration (CFDA). The development of the nutritional supplement business in China is also negatively impacted by expanding restrictions, challenging testing procedures, and the availability of counterfeit goods.
Market Competitive Landscape
The market exhibits a moderate level of fragmentation, with several major players, including Abbott Nutritional, Amway Corporation, Blackmores, Nestle Nutritional, Nu Skin, Swisse, USANA Health Sciences Inc., Xiamen Kingdomway Group Company, Herbalife Nutrition, H&H Group, Tong Ren Tang, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By Consumer Group, By Formulation, By Distribution Channel |
| Regions covered | North China, Northeast China, Northwest China, South China, Southwest China, Middle China, East China |
| Companies Covered | AAbbott Nutritional, Amway Corporation, Blackmores, Nestle Nutritional, Nu Skin, Swisse, USANA Health Sciences Inc., Xiamen Kingdomway Group Company, Herbalife Nutrition, H&H Group, Tong Ren Tang, Others |
COVID-19 Impact on China Nutritional Supplement Market
The COVID-19 epidemic has changed consumers' preferences for health benefits in supplements, and the ensuing lockdowns have changed their shopping habits. The top twelve companies in China's supplement market have retained their positions despite the fact that companies have adopted a variety of strategies with various degrees of success to meet these new needs. One of the most important factors affecting the Chinese supplement business is e-commerce. E-commerce is anticipated to have a long-term effect on consumers' supplement buying habits. As a result of COVID-19, seniors are thought to be the group most at risk for major health issues. As a result, there is a chance for the development of supplements that cater to the health requirements of seniors, such as meeting their demands for the micronutrients that maintain their immune systems and promote optimal health.
Key Target Audience
- Aging Population
- Beauty and Skincare enthusiasts
- Fitness enthusiasts
- Health conscious individuals
- New mothers
- Pregnant females
- Others
Our in-depth analysis of the China Nutritional Supplement Market includes the following segments:
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Key Topics Covered in the Report
- China Nutritional Supplement Market Size (FY’2023-FY’2033)
- Overview of China Nutritional Supplement Market
- Segmentation of China Nutritional Supplement Market By Product (Sports Nutrition, Fat Burners, Dietary Supplements, Functional Foods)
- Segmentation of China Nutritional Supplement Market By Consumer Group (Infant, Children, Adults, Pregnant, Geriatric)
- Segmentation of China Nutritional Supplement Market By Formulation (Tablets, Capsules, Powders, Liquids, Softgels, Others)
- Segmentation of China Nutritional Supplement Market By Distribution Channel (Chemists/Pharmacists, Direct-to-Consumer Sales, E-commerce)
- Statistical Snap of China Nutritional Supplement Market
- Expansion Analysis of China Nutritional Supplement Market
- Problems and Obstacles in China Nutritional Supplement Market
- Competitive Landscape in the China Nutritional Supplement Market
- Impact of COVID-19 and Demonetization on China Nutritional Supplement Market
- Details on Current Investment in China Nutritional Supplement Market
- Competitive Analysis of China Nutritional Supplement Market
- Prominent Players in the China Nutritional Supplement Market
- SWOT Analysis of China Nutritional Supplement Market
- China Nutritional Supplement Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the China Nutritional Supplement Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. China Nutritional Supplement Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Nutritional Supplement Market
7. China Nutritional Supplement Market, By Product (USD Million)
7.1. China Nutritional Supplement Market Value Share and Forecast, By Product, 2023-20337.2. Dietary Supplements
7.2.1. Amino Acids7.2.2. Conjugated Linoleic Acids7.2.3. Enzymes7.2.4. Minerals7.2.5. Vitamins
7.3. Fat Burners
7.3.1. Cranberry7.3.2. Fiber7.3.3. Garcinia Cambogia7.3.4. Ginseng7.3.5. Green Coffee7.3.6. Green Tea7.3.7. Protein7.3.8. Turmeric7.3.9. Others
7.4. Functional Foods
7.4.1. Omega-37.4.2. Probiotics
7.5. Sports Nutrition
7.5.1. Sports Drinks7.5.2. Sports Food7.5.3. Sports Supplements7.5.4. Others
7.6. Others
8. China Nutritional Supplement Market, By Consumer Group (USD Million)
8.1. China Nutritional Supplement Market Value Share and Forecast, By Consumer Group, 2023-20338.2. Adults8.3. Children8.4. Geriatric8.5. Infant8.6. Pregnant
9. China Nutritional Supplement Market, By Formulation (USD Million)
9.1. China Nutritional Supplement Market Value Share and Forecast, By Formulation, 2023-20339.2. Capsules9.3. Liquid9.4. Powder9.5. Softgels9.6. Tablets9.7. Others
10. China Nutritional Supplement Market, By Distribution Channel (USD Million)
10.1. China Nutritional Supplement Market Value Share and Forecast, By Distribution Channel, 2023-203310.2. Chemists/Pharmacists10.3. Direct-to-Consumer Sales10.4. E-commerce
11. China Nutritional Supplement Market Forecast, 2019-2033 (USD Million)
11.1. China Nutritional Supplement Market Size and Market Share
12. China Nutritional Supplement Market, By Product, 2019-2033 (USD Million)
12.1. China Nutritional Supplement Market Size and Market Share by Product (2019-2026)12.2. China Nutritional Supplement Market Size and Market Share by Product (2027-2033)
13. China Nutritional Supplement Market, By Consumer Group, 2019-2033 (USD Million)
13.1. China Nutritional Supplement Market Size and Market Share by Consumer Group (2019-2026)13.2. China Nutritional Supplement Market Size and Market Share by Consumer Group (2027-2033)
14. China Nutritional Supplement Market, By Formulation, 2019-2033 (USD Million)
14.1. China Nutritional Supplement Market Size and Market Share by Formulation (2019-2026)14.2. China Nutritional Supplement Market Size and Market Share by Formulation (2027-2033)
15. China Nutritional Supplement Market, By Distribution Channel, 2019-2033 (USD Million)
15.1. China Nutritional Supplement Market Size and Market Share by Distribution Channel (2019-2026)15.2. China Nutritional Supplement Market Size and Market Share by Distribution Channel (2027-2033)
16. China Nutritional Supplement Market, By Region, 2019-2033 (USD Million)
16.1. China Nutritional Supplement Market Size and Market Share by Region (2019-2026)16.2. China Nutritional Supplement Market Size and Market Share by Region (2027-2033)16.3. East China16.4. Middle China16.5. North China16.6. Northeast China16.7. Northwest China16.8. South China16.9. Southwest China
17. Company Profile
17.1. Abbott Nutritional
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. Amway Corporation
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. Blackmores
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Herbalife Nutrition
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. H&H Group
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. Nestle Nutritional
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Nu Skin
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. Swisse
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. Tong Ren Tang
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments
17.10. USANA Health Sciences, Inc.
17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments
17.11. Xiamen Kingdomway Group Company
17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments
17.12. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
China Nutritional Supplement Market is projected to reach USD 89.63 billion by 2033, growing at a CAGR of 10.24% during the forecast period.
China Nutritional Supplement Market grew in market size from 2022. The Market is expected to reach USD 89.63 billion by 2033, at a CAGR of 10.24% during the forecast period.
China Nutritional Supplement Market CAGR of 10.24% during the forecast period.
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China Nutritional Supplement Market size is USD 89.63 billion from 2023 to 2033.
China Nutritional Supplement Market Segment is Covered By Product, By Consumer Group, By Formulation, By Distribution Channel.
The Asia-Pacific region is anticipated to have the highest market share in China Nutritional Supplement Market.
The key players in the market include Companies Covered Abbott Nutritional, Amway Corporation, Blackmores, Nestle Nutritional, Nu Skin, Swisse, USANA Health Sciences Inc., Xiamen Kingdomway Group Company, Herbalife Nutrition, H&H Group, Tong Ren Tang.
Growing consumer demands for a healthy diet are also driving food producers to increase their production of nutritional supplements.
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