
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.
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.
UK scientists have developed a tomato variety that is naturally rich in L-DOPA, the key bioactive ingredient in a synthetic drug commonly used to treat Parkinson’s disease.
Keen to differentiate themselves in the plant-proteins space, three entrepreneurial Aussies – a farmer, a chef and a former fashion-business owner – turned to fungi as a nutrition-packed alt-meat ingredient. That was just the start.
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.