Snapshot of China’s Supplement Market
The COVID-19 pandemic has been influencing which health benefits consumers seek in supplements, while the associated lockdowns have affected how they shop. Though companies have been employing different strategies with varying success to meet these new needs, the top twelve companies in China’s supplement market in 2019 held their spots in 2020.1
By-Health, Infinitus (China), and Amway lead in China’s supplement market—together accounting for nearly a quarter of the market.2 Of the three, only By-Health gained market share (+0.2%) between 2019 and 2020, amidst increased competition in the market.3 The total market share of the companies outside of the top twelve increased by 2.1%.4 Continued surveillance of the illegal practice of direct selling is driving the loss of market share among companies engaged in this.