Vitamin and Supplement Manufacturing in Australia - Market Research Report

Vitamin and Supplement Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: 12.7%

The Vitamin and Supplement Manufacturing industry has performed strongly over the past five years. Revenue is expected to rise at an annualised 9.3% over the five years through 2019-20, to $1.9 billion. Locally, rising consumer health consciousness has boosted revenue over the period, with sales of vitamins and supplements increasing at supermarkets, pharmacies and specialist stores. Rising export earnings have also driven industry revenue growth over the past five years, as demand from Asia has surged and the Australian dollar has depreciated. In 2018-19, exports to China increased three-fold to exceed $680.0 million, with Australian supplements now accounting for over one-fifth of Chinese imports. Chinese consumers continue to demand Australian vi...
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Vitamin and Supplement Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Vitamin and Supplement Manufacturing industry is projected to continue growing over the next five years. Domestic consumption of vitamins and supplements is anticipated to continue steadily rising as consumers take an increasingly proactive approach to their health and wellbeing. Increasing health consciousness among consumers will likely have a strong influence on the industry over the period. Additionally, Australia's ageing population will result in a greater number of older consumers using vitamins and supplements to manage chronic and age-related degenerative conditions. Growth opportunities are also expected to come from international markets, as middle-class consumers in key export destinations, such as China, continue to purchase Australi...
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Vitamin and Supplement Manufacturing industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 84
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,669

Biggest companies in the Vitamin and Supplement Manufacturing industry

The companies holding the largest market share in the Vitamin and Supplement Manufacturing in Australia industry include Sanofi-Aventis Australia Pty Limited.

  • pie_chart Sanofi-Aventis Australia Pty Limited Market Share: x.x%
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What is Vitamin and Supplement Manufacturing industry?

Industry Definition

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.

Industry Products and Services

  • Health and wellbeing products
  • Sports and active nutrition products
  • Weight management products
  • All Others

Industry Activities

  • Vitamins manufacturing
  • Supplements manufacturing
  • Fitness supplements manufacturing
  • Weight-loss supplements manufacturing
  • Other vitamins and supplements manufacturing

Market research report - table of contents

Industry Definition

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.

Main Activities

  • Vitamins manufacturing
  • Supplements manufacturing
  • Fitness supplements manufacturing
  • Weight-loss supplements manufacturing
  • Other vitamins and supplements manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Rising health consciousness can benefit industry operators as consumers become more likely to purchase vitamins and other industry products to improve the...
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Health consciousness
Real household discretionary income
Trade-weighted index
Demand from supermarkets and grocery stores

Current Performance

Favourable conditions
Export growth
Profit and participation
 Chart: Revenue Growth

Industry Outlook

International trade
Changing channels
 Table: Vitamin and Supplement Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Vitamin and Supplement Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Health Services in Australia
Supermarkets and Grocery Stores in Australia
Pharmacies in Australia




Key Selling Industries

Basic Inorganic Chemical Manufacturing in Australia
Pharmaceutical Product Manufacturing in Australia
Medical and Scientific Equipment Wholesaling in Australia




Products & Services

The Vitamin and Supplement Manufacturing industry produces general health and wellbeing products, alongside a growing array of sports and active nutrition...
Pharmacies
Supermarkets
Specialty stores
Other markets


Demand Determinants

Demand for industry products largely flows on from downstream demand at the consumer level. As a result, demand follows the prevailing social trends affec...
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Major Markets

Pharmacies
Supermarkets
Specialty stores
Other markets



 Chart: Major Market Segmentation for the Vitamin and Supplement Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

Despite the dominant position of the Blackmores and Swisse brands at the retail level, the upstream manufacturing industry is characterised by low market ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Vitamin and Supplement Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Vitamin and Supplement Manufacturing in Australia - Market Research Report Industry

Industry Globalization

Sanofi-Aventis Australia Pty Limited is the Australian subsidiary of France-based multinational pharmaceutical firm, Sanofi S.A. In Australia, Sanofi's Co...
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Sanofi-Aventis Australia

 Table: Sanofi-Aventis Australia - financial performance

Capital Intensity

The industry has moderate capital intensity. Firms require manufacturing and packaging facilities for production, requiring substantial capital investment...
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 Chart: Level of Capital Intensity for the Vitamin and Supplement Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Vitamin and Supplement Manufacturing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AUSTRALIAN REGISTER OF THERAPEUTIC GOODS

COMPLEMENTARY MEDICINE

DAIGOU

FUNCTIONAL SUPPLEMENTS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Vitamin and Supplement Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Vitamin and Supplement Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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