This article is based on the Southeast Asia health supplement Outlook, a free PDF published by TMO Group in 2023. The outlook is based on data we collected in June 2023 from approximately 120,000 SKUs on Shopee and Lazada —two leading eCommerce platforms in the region. It provides insights into the market structures, category analysis, …
Research data released by Tmall shows that functional food is expected to reach a market size of 500 billion yuan in the next few years. In light of this, the “2023 Functional Food Industry Conference” hosted by Foodmate was held in Shanghai from September 6 to 9. With the theme of “Technological Innovation Based on …
In recent years, with the improvement of the health literacy level of Chinese residents year by year, and the influence of the epidemic, the public has paid more attention to personal health. Taking health supplements has gradually become a living habit for many people and therefore, consumers’ demand for health supplements is also further expanding. …
The first “618” shopping festival in post-pandemic China gained high expectations with nationwide consumption recovery. Although downsizing is still a hot topic, big promotions during the shopping festival are driving consumers’ interest in hoarding goods, especially high-priced essential items. We’ll analyze for you the overseas health product eCommerce market during the 2023 June 618 promotion, …
In 2022, China’s health product market reached 334 billion yuan, with average per capita consumption reaching $37.2 USD. This makes China rank 51st globally. However, sales channels for health product has varied a lot in recent years. The proportion of direct sales has decreased from 28.9% five years ago to 17%. In light of this, …
In recent years, along with consumers’ awareness on intestinal health and immune system upgrades, probiotic nutritional supplements have become a popular choice. Not only is the development of probiotic strains a hotter topic, but the application scope of probiotics is also gradually breaking through the barriers of categories. On June 20, 2023, the “Probiotics 2023 …
Adobe Commerce (Magento 2) stands out as a leading eCommerce development solution worldwide and is consistently ranked as the top B2B eCommerce development framework by Forrester. Adobe Commerce is renowned for its powerful and also facilitates efficient distributor management and offers robust multi-vendor marketplace capabilities, delivering exceptional user journeys for both enterprises and distributors. In …
It’s been almost 3 years since TMO debuted our first Data Pack series in 2020, which focus on the China Cross-border Health Supplement market, covering key data like China’s best-selling supplements each month. It’s been a great success so far and building on that success, we’re continuing to launch new Data Packs for this market …
Direct selling is a business model that involves person-to-person selling. In the Chinese Direct selling market, only single-level sales are allowed, and multi level marketing, which is recognized in Western markets, is prohibited. In recent years, the traditional direct selling model has gradually integrated online platforms and social media, bringing new development paths for direct-selling …
It has been about 33 years since direct sales entered China in the early 90s. It was a tumultuous journey, with multiple ups and downs — from legal crackdown and strict legislation on one side to explosive growth and the “golden decade” of direct sales on the other. The latest development came in 2019 in …