There is nothing like an illness to make you change your habits. It’s the same for business and the health supplement, impacted by the Covid 19 pandemic, has changed too. The health supplement business in Malaysia and globally has experienced increased sales, and leading health supplement manufacturers now have new directions to research for product development to meet the needs of future pandemics. A key challenge for the health supplement industry is for businesses to continue to grow in the face of increasing regulation. Here are some current and future changes for the health supplement industry.
Before the Covid 19 pandemic health supplement sales in the US increased by 5 percent ($345 million) in 2019 year-on-year. In 2020 this rose to 44 percent ($435 million). Good news for health supplement suppliers who were able to meet this demand. In the U.S., it was reported that the demand for multivitamins spiked in March 2020 with sales rising by more than 50 percent and total sales of vitamins and supplements reached almost 120 million units.
The health supplement sales story in Europe was similar with the UK recording increases in vitamin sales alone of 63 percent and in France sales grew by approximately 40–60 percent in March 2020 year-on-year. The increase in global health supplement sales were largely driven by the intense interest in supplements as possible preventative solutions for COVID-19 by protecting our immune system. The need for manufacturing and inventory of health supplements increased dramatically due to the Covid 19 pandemic. To meet this demand Uno Nutrition provides health supplements to entrepreneurs, pharmacies and hospitals in Malaysia, and globally.
New health supplements
Out of all the health supplements vitamin D drew the most attention of scientists and observers during the Covid 19 pandemic. This was due in part to vitamin D deficiency being widely reported amongst patients suffering from Covid. Vitamin D plays a role in modulating humans’ immune systems making the relationship with Covid a new focus of intense research and the subject of clinical trials. The Covid 19 pandemic has raised awareness within the health supplement industry of the need to formulate and manufacture new health supplement products in sufficient volumes to meet the future needs of consumers globally. Uno Nutrition has been engaged in producing new health supplements for consumers since our inception. We are continually innovating new health supplement products with nutrition scientists for OEM manufacture in Malaysia that are distributed globally.
Meeting standards for business
Uno Nutrition prides its business on regulatory compliance with international standards that assures our partners and customers that our OEM manufacturing is of first-rate international standard. At Uno Nutrition we believe that it is key that regulatory compliance protects consumers from false, misleading, or harmful products. Uno Nutrition offers a comprehensive set of services to our customers including private branding and OEM manufacturing that meets ISO standards and halal certification as well as. We believe that any new regulations introduced should not stifle the creativity of potential new healthy supplement products. It is likely that the requirement of clinical evidence at a standard, similar to trials in the pharmaceutical industry, may hinder innovations within the nutrition industry due to scale and costs. Uno Nutrition uses the necessary standards and certifications required to grow and maintain good business in developing health supplements.
Future health pandemics
There are many lessons to be learned from the Covid 19 pandemic for the health supplement industry. One key lesson is that there will be other pandemics in the future. Uno Nutrition, and other leaders in the health supplement industry, knows that there is a need to develop, and keep developing, more new health supplements that will meet the needs of consumers who care about protecting their health, and the ones they love, so that they can age gracefully.
Please contact us at Uno Nutrition Sdn Bhd for an initial business advisory discussion for services and products in health supplements.