China Nutritional Supplement Market Overview
According to SPER Market Research, the China Nutritional Supplement Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Supplements for nutrition are products that offer the needed nutrients in sufficient quantities for optimum body function. It includes nutrients that are used to enhance the nutritional value of the diet, including vitamins, proteins, herbs, meal supplements, sports nutrition, and other related goods. To improve general health and vitality, support the immune system, and lower the risk of sickness, they are added to the diet.It is anticipated that the China nutritional supplement market will expand, throughout the projection period. Due to the introduction of novel, cutting-edge, and reasonably priced nutritional supplement products as well as the rise in the number of working women, the industry is booming. In addition, factors like rising demand for natural, gluten-free nutraceuticals, growing awareness of the negative effects of ingesting pharmaceutical products for the skin, eyes, or healthcare that contain chemicals, expanding dietary supplement research and development, and rising in-house giant player investments are some of the factors predicted to support the growth of the China nutritional supplement market in the years to come.
Many health advantages are associated with nutritional supplements. Consuming a healthy diet is crucial due to the rising concern for health disorders. Due to rising disposable incomes and the fact that nutritional supplements offer their users relief from a variety of chronic diseases and disorders, the demand for these products has dramatically expanded in recent years. Also, food and beverage firms are becoming more interested in these items as a result of the significant opportunity they offer to generate profit margins that are comparably high. Additionally, factors like an aging population, a large population in China, an increase in the prevalence of chronic diseases among people, and the desire to treat these diseases through the consumption of a healthy diet are some of the factors predicted to propel the growth of the China nutritional supplements market.
Growing consumer demands for a healthy diet are also driving food producers to increase their production of nutritional supplements. These products have been shown to offer enormous profit margins to businesses, which has attracted a number of new participants to the market. A few other variables that are projected to propel the expansion of the China nutritional supplement market include the country's growing geriatric population, increased concern for chronic diseases, and the necessity to treat these ailments.
Impact of COVID-19 on the China Nutritional Supplement Market
Consumers' preferences for health benefits in supplements have changed as a result of the COVID-19 epidemic, and the resulting lockdowns have changed how they purchase. The top twelve companies in China's supplement market maintained their positions despite the fact that businesses have been using various tactics with variable degrees of success to address these new needs. E-commerce is one of the most significant factors changing the supplement sector in China. By-Health, H&H, and Dong-E-E-Jiao, the three significant businesses that increased their market share during lockdown, shared a growth in e-commerce that made it simple for customers to buy their products even when lockdowns were in effect. E-commerce is predicted to have a long-term impact on dietary supplement purchasing patterns. The group known to be most at risk of suffering major health issues from COVID-19 is seniors. This is opening up opportunities for the development of supplements that cater to the health requirements of seniors, including meeting their requirements for micronutrients for immune support and optimal health.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Ingredients, By End User
|
| Regions covered | East China, Middle China, North China, Northeast China, Northwest China, South China, Southwest China
|
| Companies Covered | Abbott Nutritionals, Amway Corporation, Blackmores, Nestle Nutritionals, Nu Skin, Swisse |
China Nutritional Supplement Market Segmentation:
1. By Ingredients:
- Amino Acid
- Botanical Supplements
- Enzyme
- Protein
- Vitamin
2. By End User:
3. By Region:
- East China
- Middle China
- North China
- Northeast China
- Northwest China
- South China
- Southwest China
Key Topics Covered in the Report:
- Size of China Nutritional Supplement Market (FY’2019-FY’2032)
- Overview of China Nutritional Supplement Market
- Segmentation of China Nutritional Supplement Market By Ingredients (Amino Acid, Botanical Supplements, Enzyme, Protein, Vitamin)
- Segmentation of China Nutritional Supplement Market By End User (Adults, Infants)
- Statistical Snap of China Nutritional Supplement Market
- China Nutritional Supplement Market Growth Analysis
- Problems and Challenges in China Nutritional Supplement Market
- China Nutritional Supplement Market Competitive Landscape
- Impact of COVID-19 and Demonetization on China Nutritional Supplement Market
- Details on Recent Investment in China Nutritional Supplement Market
- Competitive Analysis of China Nutritional Supplement Market
- Major Players in the China Nutritional Supplement Market
- SWOT Analysis of China Nutritional Supplement Market
- China Nutritional Supplement Market Future Outlook and Projections (FY’2019-FY’2032)
- 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 SPER’s internal database
2.1.4 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 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 variables 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. PORTER’S five forces analysis
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 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 Ingredients, 2019-2032 (USD Million)
7.1 Amino Acid
7.2 Botanical Supplements
7.3 Enzyme
7.4 Protein
7.5 Vitamin
8. China Nutritional Supplement Market, By End User, 2019-2032 (USD Million)
8.1 Adults
8.2 Infants
9. China Nutritional Supplement Market, By Region, 2019-2032 (USD Million)
9.1 China Nutritional Supplement Size and Market Share by Region (2019-2025)
9.2 China Nutritional Supplement Size and Market Share by Region (2026-2032)
9.3 East China
9.4 Middle China
9.5 North China
9.6 Northeast China
9.7 Northwest China
9.8 South China
9.9 Southwest China
10. Company Profiles
10.1 Abbott Nutritionals
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 Amway Corporation
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Blackmores
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 Nestle Nutritionals
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 Nu Skin
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 Swisse
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. 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.
