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China Health Product Industry Report, 2004

Published: Nov/2004

Hard Copy  USD $ 1,650
Pages: 280 Electronic(PDF)  USD $ 1,800
Report Code: Enterprisewide  USD $ 2,700
 

In 2003, the spread of SARS brought opportunities for China's health product industry, which was in recession for years. Anything that can improve health conditions represented hot selling, even out of stock. Sales revenue of health product industry increased to ¥30 billion yuan in 2003 from ¥20 billion yuan in 2002, up by 50 percent; More important, consumers’ consciousness of health care has been wakened. Along with “Health Food Association of China (HFAC)” was canceled and “China Health Technology Association” changed to “China Health Care Association”, consumers more trust in health products.

Amway achieved prominent sales performance in China in 2003, with annual sales revenue of ¥4.2 billion yuan. Meanwhile, due to the forthcoming of China's direct-selling law, Nuskin indicated  itself would enter into Chinese health product market, challenge Amway directly.

Based on the statistics from National Statistic Bureau, China Health Product Association, China Economic Information Center, China Commercial Information Center, China Medical Healthcare Association, China Economic Monitoring Center, Ministry of Health and other 500 newspapers and magazines, the report presents an in-depth analysis on China's health product sector and its segmented markets, consumption status and competition pattern; it also presents a forecast on China's health product development trends.



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