China Nutritional Supplement Market Growth, Size, Trends, Demand and Future Competition 2033: SPER Market Research

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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.

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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:

By Product:	Dietary Supplements Fat Burners Functional Foods Sports Nutrition Others
By Consumer Group:	Adults Children Geriatric Infant Pregnant
By Formulation:	Capsules Liquid Powder Softgels Tablets Others
By Distribution Channel:	Chemists/Pharmacists Direct-to-Consumer Sales E-commerce

Key Topics Covered in the Report

China Nutritional Supplement Market Size (FYâ€™2023-FYâ€™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 (FYâ€™2023-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source

2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™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. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

4.2. COVID-19 Impacts of the China Nutritional Supplement Market

5. Market variable and outlook

5.1. SWOT Analysis

5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats

5.2. PESTEL Analysis

5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape

5.3. PORTERâ€™s Five Forces

5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry

5.4. Heat Map Analysis

6. Competitive Landscape

6.1. China Nutritional Supplement Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Dietary Supplements

7.2.1. Amino Acids
7.2.2. Conjugated Linoleic Acids
7.2.3. Enzymes
7.2.4. Minerals
7.2.5. Vitamins

7.3. Fat Burners

7.3.1. Cranberry
7.3.2. Fiber
7.3.3. Garcinia Cambogia
7.3.4. Ginseng
7.3.5. Green Coffee
7.3.6. Green Tea
7.3.7. Protein
7.3.8. Turmeric
7.3.9. Others

7.4. Functional Foods

7.4.1. Omega-3
7.4.2. Probiotics

7.5. Sports Nutrition

7.5.1. Sports Drinks
7.5.2. Sports Food
7.5.3. Sports Supplements
7.5.4. 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, 2023-2033
8.2. Adults
8.3. Children
8.4. Geriatric
8.5. Infant
8.6. Pregnant

9. China Nutritional Supplement Market, By Formulation (USD Million)

9.1. China Nutritional Supplement Market Value Share and Forecast, By Formulation, 2023-2033
9.2. Capsules
9.3. Liquid
9.4. Powder
9.5. Softgels
9.6. Tablets
9.7. Others

10. China Nutritional Supplement Market, By Distribution Channel (USD Million)

10.1. China Nutritional Supplement Market Value Share and Forecast, By Distribution Channel, 2023-2033
10.2. Chemists/Pharmacists
10.3. Direct-to-Consumer Sales
10.4. 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 China
16.4. Middle China
16.5. North China
16.6. Northeast China
16.7. Northwest China
16.8. South China
16.9. Southwest China

17. Company Profile

17.1. Abbott Nutritional

17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments

17.2. Amway Corporation

17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments

17.3. Blackmores

17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments

17.4. Herbalife Nutrition

17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments

17.5. H&H Group

17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments

17.6. Nestle Nutritional

17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments

17.7. Nu Skin

17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments

17.8. Swisse

17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments

17.9. Tong Ren Tang

17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments

17.10. USANA Health Sciences, Inc.

17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments

17.11. Xiamen Kingdomway Group Company

17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. 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.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is China Nutritional Supplement Market?

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.

What is the growth rate of China Nutritional Supplement Market?

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.

What is the anticipated CAGR of China Nutritional Supplement Market during the forecast period?

China Nutritional Supplement Market CAGR of 10.24% during the forecast period.

How can I get a sample report on China Nutritional Supplement Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of China Nutritional Supplement Market?

China Nutritional Supplement Market size is USD 89.63 billion from 2023 to 2033.

Which segment is expected to lead China Nutritional Supplement Market?

China Nutritional Supplement Market Segment is Covered By Product, By Consumer Group, By Formulation, By Distribution Channel.

Which region is expected to have the highest market share in China Nutritional Supplement Market?

The Asia-Pacific region is anticipated to have the highest market share in China Nutritional Supplement Market.

Who are the key players 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.

What is the conclusion of China Nutritional Supplement Market?

Growing consumer demands for a healthy diet are also driving food producers to increase their production of nutritional supplements.