BY-HEALTH’s Drug Line Showed a Counter-Trend Growth

According to CMH retail market data, the overall growth rate of dietary supplements in Chinese pharmacies in 2022 is -1.7%, while BY-HEALTH’s overall growth rate is 3.2%, showing brand and product advantages with a counter-trend growth of nearly 5%. Also, according to Euromonitor, the total retail size of the vitamin and dietary supplement (VDS) industry in China in 2022 is RMB 2001 billion yuan (USD $291 billion), with BY-HEALTH continuing to hold the top position with a market share of 10.3%.

BY-HEALTH has also indicated that it plans to launch an independently developed product with high-tech added value every two to three years, to create a larger incremental market. In addition, as a supplier of sports food and nutrition products for TEAM CHINA, BY-HEALTH will further deepen its cooperation in the field of sports and promote the transformation of “strong brands”. (Source: shuzhengkangxun)

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