Analysis of China Functional Food Market Status and Enterprises in 2022

In 2021, the per capita consumption expenditure of residents nationwide will be RMB 24,100 yuan (USD $3,803), with an increase of 12.6%. In 2021, the national per capita consumer spending on health care will be RMB 2,115 yuan (USD $334), with an increase of 14.8%, accounting for 8.8% of the per capita consumer spending.

The Chinese health food market continues to expand and the variety of health food products has increased, and the market size of the Chinese health food industry is expected to exceed RMB 200 billion yuan (USD $31.56 billion) in 2022. At present, the more popular health food health functions on the market in China mainly focus on the regulation of immunity, auxiliary hypoglycemia, anti-fatigue, and vitamins supplementation, accounting for more than 50% of the total number of health food tonics. (Source: baijiahao)