Growth opportunities in immunity, beauty, healthy ageing, and oral spray VMS

Growing profits: Four key categories for growth highlighted by Australia’s thriving nutritional supplements sector

Complementary Medicines Australia (CMA) has identified four areas of health, namely immunity, natural beauty, healthy aging and animal health, as categories for growth opportunities.

As export destinations, the United Arab Emirates and the United Kingdom were highlighted as potential growth markets.

“We are seeing growth in the areas of immunity and natural beauty as we begin to recover from COVID-19.Consumer sentiment points to greater focus and interest in immunity products, and the beauty category is seeing a resurgence,”Carl Gibson, CEO of CMA, responded to inquiries from NutraIngredients-Asia.

Grab the spray: Why oral spray vitamins are gaining traction in APAC – WATCH

Beyond the novelty factor, oral spray vitamin and mineral supplements are gaining interest in Asia Pacific markets because of their convenience and effectiveness, according to two pioneering companies in the category.

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The two companies featured in this episode of Nutrition Asia were BetterYou from the UK and SpectraSpray from the US.

Currently, BetterYou’s vitamin and mineral spray products are available in APAC markets such as South Korea, Hong Kong and Singapore, while SpectraSpray is working with distributor Rainbow Care in Singapore.

Profit Decline: Gross margins collapse for major Chinese infant formula makers in the first six months of 2022

Major players in China’s infant nutrition industry have reported a decline in their gross profit margins in the first six months of this year, including the largest local player Feihe, as well as Health and Happiness Group (H&H Group) and Ausnutria.

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The three companies, all listed on the Hong Kong Stock Exchange (HKEX), have pointed this out in their latest financial reports for the first six months of this year.

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