China Dietary Supplement Testing Services Market Size, Share & Trend Analysis Report By Method (Stability Testing, Analytical Testing, Microbiological Testing, Regulatory Testing and Compliance), By Ingredients And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 50 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

The China dietary supplement testing services market is expected to reach USD 6.38 million by 2025, according to a new report by Grand View Research, Inc. Growing consciousness towards consumption of protein intake for maintaining the muscle mass and sustaining optimum nutritional levels among middle-aged consumers in China is expected to increase sports nutrition demand and will have a favorable impact on the industry.

Rising health awareness among all age groups is expected to play a crucial role in increasing the number of gymnasiums and fitness centers. Furthermore, leading corporates including Ali-Baba, Sinopec, CNPC, and Volkswagen have increased their expenditure for the development of gymnasiums and fitness centers in their commercial offices. As a result, health & wellness segment is expected to witness an increase in application, and, therefore, promote the use of dietary supplements over the forecast period.

The stability testing is expected to be the fastest growing method in testing services for dietary supplements in China over the forecast period. Growth in the stability testing services market is expected to be positively affected by increasing R&D activities, especially in China. Dietary supplements manufacturers are investing towards R&D activities to improve the shelf life of dietary supplements, which will positively influence stability testing equipment market during the forecast period.

The herbal is expected to be the fastest growing ingredients in the China dietary supplements testing services market over the forecast period. The market is expected to grow on account of increasing awareness about traditional Chinese medicine (TCM) and Ayurveda. Rise in perception of people against harmful effects of modern medications is also expected to be a major driver for herbal dietary supplement in China, which in turn will result in growth of testing services market during the forecast period.

Under herbal segment, fruits and vegetables based herbal dietary supplement is expected to be the fastest growing herbal ingredients in testing services for dietary supplements in China over the forecast period. Owing to increase in fortification of extracts derived from fruits and vegetables during the forecast period. Some of the fruits and vegetables which are actively used in manufacturing the herbal based dietary supplements include pineapples, mangoes, blue rubbery, strawberry, oranges, watermelons, green apples and lemons.

The bark-based herbal dietary supplements are expected to grow at a decent growth rate during the forecast period. The growth in the market is attributed to surge in awareness about personal health in individuals. The testing services are expected to increase on account of emergence of new herbal dietary supplements manufacturers in China during the forecast period.

Further key findings from the report suggest:

• Microbiological testing method segment is anticipated to USD 904.8 thousand in 2017, at a CAGR of 13.5% from 2017 to 2025

• Stability testing method segment is likely to reach USD 1.24 million by 2025, at a CAGR of 14.6% from 2017 to 2025

• In terms of revenue, regulatory testing and compliance is expected to grow at a CAGR of 14.0% over the forecast period

• Vitamins ingredients segment is likely to reach USD 3.34 million by 2025, at a CAGR of 14.0% from 2017 to 2025

• In terms of revenue, amino acid ingredients segment is anticipated to exceed USD 970.9 thousands by 2025

• The industry is characterized by mergers & acquisitions, capital expansion, and substantial R&D investment decisions to improve the market share of manufacturers

• Some of the prominent companies present in the industry are NSF International, Intertek Group Plc, ALS Limited, Eurofins Scientific, SGS SA, Foodscan Analytics Limited and others.

 Table of Contents

Chapter 1 Methodology & Scope
                   1.1 Research Methodology
                   1.2 Research Scope & Assumptions
                   1.3 List of Data Sources

Chapter 2 Executive Summary
                   2.1 China dietary supplements testing services market snapshot

Chapter 3 China Dietary Supplements Testing Services Market Variables, Trends & Scope
                   3.1 Market segmentation & scope
                   3.2 Market penetration & growth prospect mapping
                   3.3 Testing services market value chain analysis
                   3.4 Technological overview
                   3.5 Regulatory framework
                   3.6 Market dynamics
                       3.6.1 Testing Services - Market driver analysis
                           3.6.1.1 Gains in health & wellness segment
                           3.6.1.2 Positive outlook toward sports nutrition market
                       3.6.2 Market restraint analysis
                           3.6.2.1 Rising demand for functional foods
                   3.7 Testing services market PESTLE analysis
                   3.8 Testing services market Porter's analysis

Chapter 4 China Dietary Supplements Testing Services Market: Method Estimates & Trend Analysis
                   4.1 Method Movement Analysis & Market Share, 2016 & 2025
                   4.2 Stability Testing
                       4.2.1 Market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
                   4.3 Analytical Testing
                       4.3.1 Market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
                   4.4 Microbiological Testing
                       4.4.1 Market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
                   4.5 Regulatory & Compliance Testing
                       4.5.1 Market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
                   4.6 Others
                       4.6.1 Market estimates and forecasts for dietary supplements from other segments, 2014 - 2025 (USD Thousand)

Chapter 5 China Dietary Supplements Testing Services Market: Ingredient Estimates & Trend Analysis
                   5.1 Ingredient Movement Analysis & Market Share, 2016 & 2025
                   5.2 Herbal
                       5.2.1 Market estimates and forecasts for herbal supplements, 2014 - 2025 (USD Thousand)
                       5.2.2 Leaves
                           5.2.2.1 Market estimates and forecasts for leave-based supplements, 2014 - 2025 (USD Thousand)
                       5.2.3 Fruits & vegetable
                           5.2.3.1 Market estimates and forecasts for supplements derived from fruits & vegetables, 2014 - 2025 (USD Thousand)
                       5.2.4 Barks
                           5.2.4.1 Market estimates and forecasts for supplements derived from barks, 2014 - 2025 (USD Thousand)
                       5.2.5 Roots
                           5.2.5.1 Market estimates and forecasts for supplements derived from roots, 2014 - 2025 (USD Thousand)
                   5.3 Vitamin
                       5.3.1 Market estimates and forecasts for vitamin supplements, 2014 - 2025 (USD Thousand)
                   5.4 Mineral
                       5.4.1 Market estimates and forecasts for mineral supplements, 2014 - 2025 (USD Thousand)
                   5.5 Amino acid
                       5.5.1 Market estimates and forecasts for Amino acid supplements, 2014 - 2025 (USD Thousand)
                   5.6 Enzyme
                       5.6.1 Market estimates and forecasts for Enzyme supplements, 2014 - 2025 (USD Thousand)
                   5.7 Others
                       5.7.1 Market estimates and forecasts for Others supplements, 2014 - 2025 (USD Thousand)

Chapter 6 Competitive Landscape
                   6.1 Vendor landscape
                   6.2 Competitive environment
                   6.3 Regulatory landscape for testing
                   6.4 Company market positioning
                       6.4.1 Price point preposition
                       6.4.2 Service offerings
                   6.5 Strategy framework

Chapter 7 Company Profiles
                   7.1 NSF International
                       7.1.1 Company overview
                       7.1.2 Financial performance
                       7.1.3 Services benchmarking
                   7.2 Intertek Group Plc
                       7.2.1 Company overview
                       7.2.2 Financial performance
                       7.2.3 Services benchmarking
                   7.3 ALS Limited
                       7.3.1 Company overview
                       7.3.2 Financial performance
                       7.3.3 Services benchmarking
                   7.4 SGS SA
                       7.4.1 Company overview
                       7.4.2 Financial performance
                       7.4.3 Services benchmarking
                   7.5 Eurofins Scientific
                       7.5.1 Company overview
                       7.5.2 Financial performance
                       7.5.3 Services benchmarking
                   7.6 Foodscan Analytics Limited
                       7.6.1 Company overview
                       7.6.2 Services benchmarking
                   7.7 LGC Limited
                       7.7.1 Company overview
                       7.7.2 Financial performance
                       7.7.3 Services benchmarking
                   7.8 UL LLC
                       7.8.1 Company overview
                       7.8.2 Financial performance
                       7.8.3 Services benchmarking

List of Tables

TABLE 1 Testing Services - Market driver analysis
TABLE 2 Testing services-Market restraint analysis
TABLE 3 China stability testing services market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
TABLE 4 China analytical testing services market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
TABLE 5 China microbiological testing services market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
TABLE 6 China regulatory & compliance testing services market estimates and forecasts for dietary supplements, 2014 - 2025 (USD Thousand)
TABLE 7 China testing services market estimates and forecasts for dietary supplements from other segments, 2014 - 2025 (USD Thousand)
TABLE 8 China testing services market estimates and forecasts for herbal supplements, 2014 - 2025 (USD Thousand)
TABLE 9 China testing services market estimates and forecasts for leave-based supplements, 2014 - 2025 (USD Thousand)
TABLE 10 China testing services market estimates and forecasts for supplements derived from fruits & vegetables, 2014 - 2025 (USD Thousand)
TABLE 11 China testing services market estimates and forecasts for supplements derived from barks, 2014 - 2025 (USD Thousand)
TABLE 12 China testing services market estimates and forecasts for supplements derived from roots, 2014 - 2025 (USD Thousand)
TABLE 13 China testing services market estimates and forecasts for vitamin supplements, 2014 - 2025 (USD Thousand)
TABLE 14 China testing services market estimates and forecasts for mineral supplements, 2014 - 2025 (USD Thousand)
TABLE 15 China testing services market estimates and forecasts for Amino acid supplements, 2014 - 2025 (USD Thousand)
TABLE 16 China testing services market estimates and forecasts for Enzyme supplements, 2014 - 2025 (USD Thousand)
TABLE 17 China testing services market estimates and forecasts for Others supplements, 2014 - 2025 (USD Thousand)
TABLE 18 China Testing Services market vendor landscape

List of Figures

FIG. 1 Testing services market snapshot
FIG. 2 Market segmentation & scope
FIG. 3 Testing services market penetration & growth prospect mapping
FIG. 4 Testing services market value chain analysis
FIG. 5 Testing services market dynamics
FIG. 6 China health & wellness market revenue, 2016 - 2025 (USD Billion)
FIG. 7 China sports nutrition market, 2015 - 2025 (USD Billion)
FIG. 8 Testing services market PESTLE analysis
FIG. 9 Testing services market Porter's analysis
FIG. 10 Testing services market: Method movement analysis 2016 & 2025
FIG. 11 Testing services market: Ingredient movement analysis 2016 & 2025
FIG. 12 New guidance of dietary supplement registration in China 2015