Market revenue in 2023 | USD 45,728.3 million |
Market revenue in 2030 | USD 74,761.1 million |
Growth rate | 7.3% (CAGR from 2023 to 2030) |
Largest segment | Functional foods and beverages |
Fastest growing segment | Sports Nutrition |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sports Nutrition, Fat Burners, Dietary Supplements, Functional Foods and Beverages |
Key market players worldwide | Glanbia PLC, Abbott Laboratories, Nestle SA, Herbalife Ltd, Amway Malaysia Holdings, PepsiCo Inc, Clif Bar, Science in Sport, THG PLC Ordinary Share, Chesnara PLC |
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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 nutritional supplements market will help companies and investors design strategic landscapes.
Functional foods and beverages was the largest segment with a revenue share of 55.88% in 2023. Horizon Databook has segmented the China nutritional supplements market based on sports nutrition, fat burners, dietary supplements, functional foods and beverages covering the revenue growth of each sub-segment from 2018 to 2030.
China, with a population of 1.4 billion as of 2022, recognizes the growing importance of healthcare. As a result, there has been an increasing demand for nutritional supplements in recent years.
The demand for nutritional supplements has been consistently rising in China, driven by the expanding middle class and their increased disposable income. As more individuals prioritize their health and well-being, they are increasingly willing to invest in products that support their overall wellness.
This growing consumer trend is expected to create growth opportunities for the nutritional supplements market.
Horizon Databook provides a detailed overview of country-level data and insights on the China nutritional supplements market , including forecasts for subscribers. This country databook contains high-level insights into China nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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