In 2023, China's import of vitamin concentrates and intermixtures stood at a certain level, reflecting substantial demand. Forecasts indicate steady growth from 2024 to 2028, with an annual increase in imports. The year-on-year variations show a consistent rise, maintaining approximately a 3% growth each year. The compound annual growth rate (CAGR) over the forecast period is similarly around 3%, demonstrating a stable upward trend in the import volumes of these products.
Future trends to watch for include:
- Increasing demand driven by China's expanding pharmaceutical and dietary supplement industries.
- Potential impact of global trade policies affecting import dynamics.
- Technological advancements in vitamin production possibly influencing import needs.
