Investment Rating - The report indicates a positive investment outlook for the white peony health food industry, driven by increasing consumer health awareness and supportive government policies [1]. Core Insights - The white peony health food industry is in its early development stage, with a growing market size due to rising health consciousness among consumers [1][34]. - White peony, as a traditional Chinese medicine, has a wide range of pharmacological effects, making it a valuable ingredient in health foods [12][38]. - The industry is characterized by strict regulations, resource support from the traditional Chinese medicine sector, and significant growth potential [9][11]. Industry Definition - White peony health foods are defined as products primarily made from white peony that aim to regulate bodily functions and promote health rather than replace medical treatment [2]. Industry Classification - The white peony health food industry can be classified into various forms, including capsules, tablets, oral liquids, granules, and others [3]. Product Forms - Capsules are the most common form, accounting for 51.55% of the market, followed by tablets (17.53%) and oral liquids (12.37%) [27]. Industry Characteristics - The industry benefits from rich resources of white peony, strong policy support, and a promising application outlook [9][11]. Development History - The health food industry in China has evolved significantly since 1996, with increasing regulatory frameworks and market maturity [14][15]. Supply Chain Analysis - The supply chain consists of upstream raw material provision, midstream production and sales, and downstream consumer sales [18]. - Ensuring high-quality raw material supply is crucial for maintaining market competitiveness [19]. Market Size - The market size of the white peony health food industry grew from 434 million RMB in 2019 to 525 million RMB in 2023, with a compound annual growth rate of 4.87% [34]. - The market is projected to reach 679 million RMB by 2028, driven by increasing demand from an aging population [37]. Consumer Demand - The demand for health foods is rising, particularly among the elderly, due to increased health awareness and government support for the silver economy [37][38]. Competitive Landscape - The industry is still in its early stages, with no significant brand dominance or market concentration [43]. - Leading companies include Xianle Health and Tongrentang, which have extensive experience and product offerings in the health food sector [44]. Company Overview - Major companies in the industry include Tongrentang, Xianle Health, and others, with varying revenue growth and profit margins [48][49].
白芍类保健食品：银发经济催化需求渐增 头豹词条报告系列
头豹研究院·2025-03-06 13:21