
Australian supplement companies expand markets
Despite reductions in export revenue, Australia’s supplements sector expanded during the pandemic, with firms pivoting to immunity products and finding new export markets.
Despite reductions in export revenue, Australia’s supplements sector expanded during the pandemic, with firms pivoting to immunity products and finding new export markets.
A seaweed-laced feed that curbs cows’ methane emissions by up to 99% is just one of the ‘green’ innovations at Pirie Meats’ new processing facility.
According to a new report from AMR, the global market for health-promoting Reishi mushrooms will grow at a CAGR of 8.1% between now and 2027 to more than $6.5 billion.
in its latest half-yearly figures, Australia’s largest supplements manufacturer has reported record revenue from China and strong South-East Asian performance, offsetting for a slump in local sales.
Researchers from Murdoch University have connected with Aboriginal Elders to develop the first living biobank specific to Western Australia’s First Nations people.
Australia’s national science organisation has teamed with national vegie producer Fresh Select to launch new food manufacturing company, Nutri V, which plans to process surplus fresh vegetables into powders, snack foods and more.
A recent report from Complementary Medicines Australia shows the nation’s vitamin and supplements sector continuing to surge in domestic and export markets, especially across Asia.
According to data from the United States Pharmacopeia, the top three purchase criteria for dietary supplements among Chinese consumers are product quality (79 per cent), ingredient list (60%) and quality assurance seal (53%).