
Vitamin and Supplement Manufacturing in Australia - Industry Market Research Report
Description
Vitamin and Supplement Manufacturing in Australia
The recent performance of the Vitamin and Supplement Manufacturing industry reflects its international orientation. Rising export earnings drove industry growth as demand for Australian 'clean and green' vitamins and supplements from Asian consumers surged. In 2018-19, exports to China increased three-fold as Chinese consumers favoured Australian vitamin brands because of their reputation for safety. Buoyant sales in downstream unofficial daigou channels also promoted strong growth on the domestic front. However, subsequent regulatory changes in China regarding eCommerce sales and daigou trading changed buying patterns, as did travel restrictions implemented during the COVID-19 pandemic.
Vitamin and supplement manufacturers develop and produce goods that are consumed orally and contain one or more ingredients supplementing the diet. The industry excludes manufacturers of products used to prevent or treat illnesses. It also excludes companies that develop and market vitamins, but rely on contract manufacturers to produce them.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The recent performance of the Vitamin and Supplement Manufacturing industry reflects its international orientation. Rising export earnings drove industry growth as demand for Australian 'clean and green' vitamins and supplements from Asian consumers surged. In 2018-19, exports to China increased three-fold as Chinese consumers favoured Australian vitamin brands because of their reputation for safety. Buoyant sales in downstream unofficial daigou channels also promoted strong growth on the domestic front. However, subsequent regulatory changes in China regarding eCommerce sales and daigou trading changed buying patterns, as did travel restrictions implemented during the COVID-19 pandemic.
Vitamin and supplement manufacturers develop and produce goods that are consumed orally and contain one or more ingredients supplementing the diet. The industry excludes manufacturers of products used to prevent or treat illnesses. It also excludes companies that develop and market vitamins, but rely on contract manufacturers to produce them.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
43 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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