The U.S.-China Health Products Association is organizing the summit, which will take place in Shanghai on June 20.
Photo © iStockphoto.com/jpa1999
While the Chinese fitness and exercise industry is growing rapidly compared to global averages, the Chinese sports nutrition market has actually seen its growth slowing in recent years. According to the U.S.-China Health Products Association (USCHPA), China’s sports nutrition market grew by 14% in 2015 to reach $74 million, which is down from the 2012 growth rate of 19%.
In hopes of helping the sports nutrition industry better understand China’s regulatory environment and learn how to raise consumer awareness, USCHPA is organizing the China International Sports Nutrition Industry Summit 2016. The summit will take place in Beijing on June 20. It will be sponsored by GNC, NSF, TSI Group, and World Health Store.
“This is a must-attend event for those interested in learning more about China’s sports nutrition regulatory environment, product approval process, market size, sales channels, cutting-edge ingredients/products, as well as hearing from experts that have been involved in China’s sports nutrition/fitness industry since its inception,” according to USCHPA, in its announcement.
Despite the slowing growth of the Chinese sports nutrition market in recent years, USCHPA sees a “very promising future” for sports nutrition in China, thanks in part to the booming interest in sports and fitness as a whole. China’s fitness centers grew by 30% in 2015 to a market size of more than $20 billion, compared to the global growth average of 20%, notes USCHPA. The association also points out that China’s fitness apps grew by 128% last year.
Nutritional Outlook Magazine