The report presents a comprehensive overview of industry trends, growth, share and the competitive landscape in 120 pages.
The most recent research study on the global “China Nutritional Supplement Market” [2023-2032] by Report Ocean provides a description of the segments and sub-segments. It offers a thorough examination of the sector, analyses historical data, forecasts the future, and aids in understanding the market situation, growth prospects, and difficulties.
The study also includes competitive information and profiles of well-known market competitors, facilitating marketing plans of action and strategic decision-making.
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The nutritional supplement market in China is expected to reach USD 40 billion by 2023, growing at a CAGR of 14%.
Nutrition supplements are substances that provide essential nutrients required for the proper functioning of the human body, such as vitamins, proteins, herbs, and other related products. These supplements are added to the diet to improve overall health and energy, provide support to the immune system, and reduce the risk of illness.
The China nutritional supplement market is classified by type of ingredients and by type of end-users.
By type of ingredients, it is further sub-classified into vitamin, protein, amino acid, enzyme, and botanical supplements.
By type of end-users, it is further classified into infants and adults. Vitamin supplements grab the highest market revenue among nutritional ingredients due to the increasing interest in prenatal and infant supplements.
The key growth factors in the China nutritional supplement market include increasing health-conscious behavior, rising incidence of lifestyle diseases, the country’s growing per capita GDP, the trend towards preventive healthcare, use of botanicals due to their medicinal benefits, and growth in e-commerce.
However, the nutritional supplement market in China is threatened by stringent regulatory frameworks regarding product registration under the China Food and Drug Administration (CFDA) and competition from local brands.
The key players operating in the nutritional supplement market in China are Swisse, Blackmores, Amway Corporation, Abbott Nutritionals, Nestle Nutritionals, and Nu Skin.
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The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2032.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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