1. The market size of dietary supplements in China in 2018
According to statistics, the annual growth rate of China's dietary nutrition supplement industry is 10%-15%, among which, the market size in 2018 exceeds 460 billion yuan, and the total market size in 2018 exceeds 750 billion yuan with the addition of special food such as functional food (QS/SC) special food for medical purposes.
2. Current situation of dietary nutrition supplement industry in China
By the end of 2018, 17,470 health food products had been registered and approved with blue hats, including 16,690 domestic products, 780 imported products, 44 imported products and 1,398 domestic products. Most of the products approved in 2018 are products with extended registration or filing, and only three are newly approved. The top five approved health food functions are as follows: enhance immunity, relieve physical fatigue, assist in lowering blood lipid, anti-oxidation and relax the bowel.
3. 2018 China Dietary Supplement Export situation
The Asian's dietary nutritional supplement market has overtaken Europe, becoming the world's second largest consumer market for dietary nutritional supplements, while China is the largest consumer market for dietary nutritional supplements in Asia. In 2018, China's import and export of dietary supplements reached $4.68 billion, up 31.5% year-on-year. Among them, the export value was $1.67 billion, up 21.8% year-on-year in 2017. The main export markets are the United States, China, Hong Kong, Japan, Indonesia and other countries.
The sales of extract showed an explosive growth in 2018. The export volume increased from $2.01 billion in 2017 to $2.368 billion, with a year-on-year growth of 4.33% to 17.79%. In terms of export varieties, the hot varieties are stevia leaf extract, eucalyptus oil, menthol, licorice extract, marigold extract, cranberry extract, orange pistin, ginkgo leaf extract, etc.
4. Most popular dietary dietary supplements from Tmall international
According to the Tmall international “2018 national health cross-border consumption trend report”, the most popular health care products for consumers are dietary fiber, enzyme, calcium, vitamin C, whey protein, collagen, grape seed extract, multivitamin and mineral, glucosamine, fish oil. Among them, dietary fiber, collagen, enzyme , probiotics and vitamin C are the most popular health care products. Imported health products from Australia, the United States and Japan are the most popular in terms of country.
- White Paper on Bone and Joint Health of Chinese Consumers 2020
- Yili Dairy launched high-protein yogurt, focusing on sport people
- Sinopharm Xingsha launched the Japan's Champion probiotics
- China has introduced its first policy to support the industrial hemp industry
- Beyond Meat became the first overseas Artificial Meat company to set up a factory in China
- Nongfu Spring's market value exceeded HK $370 billion on its first day
- German infant nutrition brand Amykon launched two probiotics in China
- The revenue of Besunyoung in the first half year is about 610 million yuan
- Jellly candy and powder included in the health food filing dosage form in China
- H&H Group net profit increased by 9% for the first half of year