China Probiotics Dietary Supplements Market Size & Outlook
China probiotics dietary supplements market, 2018-2030 (US$M)
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China probiotics dietary supplements market highlights
- The China probiotics dietary supplements market generated a revenue of USD 1,310.0 million in 2023 and is expected to reach USD 3,525.1 million by 2030.
- The China market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
- In terms of segment, tablets & softgels was the largest revenue generating form in 2023.
- Chewables & Gummies is the most lucrative form segment registering the fastest growth during the forecast period.
Probiotics dietary supplements market data book summary
| Market revenue in 2023 | USD 1,310.0 million |
| Market revenue in 2030 | USD 3,525.1 million |
| Growth rate | 15.2% (CAGR from 2023 to 2030) |
| Largest segment | Tablets & softgels |
| Fastest growing segment | Chewables & Gummies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chewables & Gummies, Capsules, Powders, Tablets & Softgels |
| Key market players worldwide | DuPont de Nemours Inc, Symrise AG, Basf SE, Archer-Daniels Midland Co, Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, BioGaia AB Class B, GSK PLC, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, China accounted for 6.4% of the global probiotics 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, India probiotics dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,564.7 million by 2030.
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Probiotics Dietary Supplements Market Scope
Probiotics Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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China probiotics 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 probiotics dietary supplements market will help companies and investors design strategic landscapes.
Tablets & softgels was the largest segment with a revenue share of 38.7% in 2023. Horizon Databook has segmented the China probiotics dietary supplements market based on chewables & gummies, capsules, powders, tablets & softgels covering the revenue growth of each sub-segment from 2018 to 2030.
Individuals in China have been increasingly focusing on their health since the past few years, which has boosted the demand for probiotic dietary supplements in the country.
The Chinese government has taken numerous initiatives in recent years to promote healthy food and lifestyle benefits and also aims to raise the nutrient intake among consumers.
The government also intends to emphasis on nutrient fortified food industry and development of healthy foods in the near term.
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Our clientele includes a mix of probiotics dietary supplements market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China probiotics dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into China probiotics dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China probiotics dietary supplements market size, by form, 2018-2030 (US$M)
China Probiotics Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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