Industry Overview - The health food market for improving sleep demonstrates resilience amidst global economic fluctuations, reflecting increased consumer health awareness and demand for quality sleep [3] - Insomnia is a common sleep disorder, with consumers increasingly opting for non-pharmaceutical treatments, leading to heightened interest in sleep-improving health foods [4] - Traditional Chinese medicine, particularly ingredients like sour jujube seed, plays a significant role in the formulation of sleep-improving health foods in China [5] Market Size and Growth - The market size of sleep-improving health foods in China grew from 14.21 billion yuan in 2019 to 16.22 billion yuan in 2023, with a CAGR of 3.4% [27] - The market is projected to grow from 16.56 billion yuan in 2024 to 21.24 billion yuan in 2028, with a CAGR of 6.4% [27] - Sales volume is expected to increase from 137 million units in 2023 to 163 million units by 2028 [27] Industry Chain Analysis - The upstream sector of the sleep-improving health food industry primarily consists of raw material suppliers, including traditional Chinese medicine ingredients like sour jujube seed [32] - The midstream sector involves health food manufacturers, with over 700 registered sleep-improving health food products as of June 2024, predominantly in capsule form [32] - The downstream sector includes sales channels such as pharmacies and supermarkets, with increasing demand for products that effectively improve sleep quality [32] Competitive Landscape - The industry is divided into three tiers: Tier 1 includes companies like By-Health and Lily Health, which focus on nutritional health foods and have strong R&D capabilities [42] - Tier 2 includes companies such as Sirio Pharma and Tong Ren Tang, leveraging their pharmaceutical backgrounds and brand influence [43] - Tier 3 consists of subsidiaries of pharmaceutical groups with niche market positioning and growing R&D potential [43] Key Ingredients and Trends - Active peptides and amino acids are key ingredients in sleep-improving health foods, with components like tryptophan and GABA playing significant roles in sleep regulation [19] - The industry is moving towards higher levels of specialization and standardization, driven by consumer demand for natural and safe sleep aids [22] - The integration of traditional Chinese medicine with modern health food formulations continues to be a dominant trend in the industry [5]
2024年中国改善睡眠类保健食品行业概览报告
Tou Bao Yan Jiu Yuan·2024-09-02 12:33