China Dietary Supplements Market Size & Outlook, 2024-2032
China dietary supplements market, 2021-2032 (US$M)
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China dietary supplements market highlights
- The China dietary supplements market generated a revenue of USD 25,544.8 million in 2023 and is expected to reach USD 58,554.6 million by 2030.
- The China market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating ingredient in 2023.
- Protiens & Amino Acids is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Dietary supplements market data book summary
| Market revenue in 2023 | USD 25,544.8 million |
| Market revenue in 2030 | USD 58,554.6 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Protiens & Amino Acids |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Botanicals, Minerals, Protiens & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids |
| Key market players worldwide | Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, Archer-Daniels Midland Co, Nu Skin Enterprises Inc Class A, GlaxoSmithKline, Herbalife Ltd, Natures Sunshine Products Inc, DuPont de Nemours Inc, Nestle SA, NOW Foods, RBK Nutraceuticals, Goodhealth |
Other key industry trends
- In terms of revenue, China accounted for 14.4% of the global dietary supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- ANZ is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,232.1 million by 2030.
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Dietary Supplements Market Scope
Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China dietary supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 30.06% in 2024. Horizon Databook has segmented the China dietary supplements market based on vitamins, botanicals, minerals, protiens & amino acids, fibers & specialty carbohydrates, omega fatty acids covering the revenue growth of each sub-segment from 2021 to 2032.
Individuals in China have been increasingly focusing on their health in the past few years, which has boosted the demand for dietary supplements in the country. The rising demand for these supplements can also be attributed to the diverse flavor options available in terms of the grab-n-go variety.
The government of China has taken numerous initiatives in recent years to promote the benefits of consuming healthy food and following a healthy lifestyle. It has also taken steps to raise the nutrient intake among consumers, along with a focus on building a nutrient-fortified food industry and the development of healthy food products in the near future.
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Target buyers of China dietary supplements market databook
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Our clientele includes a mix of dietary supplements market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into China dietary supplements market from 2021 to 2032, including revenue numbers, major trends, and company profiles.
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China Dietary Supplements Market Outlook Share, 2024 & 2032 (US$M)
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