Herbal medicine and functional foods market in Australia - Statistics & Facts

Published by Franziska Judas, Jan 17, 2019
Owing to the fact that Australia is a warm country surrounded by beaches, health, physical activity and a good body image is extremely important for Australians. It’s no surprise that apart from an active lifestyle and healthy nutrition to give the body necessary nutrients, also other forms of foods are becoming more important. In order to boost their energy and to support the body with necessary proteins after a workout, lots of Australians use sports nutrition. Also, the use of vitamins, other nutritional supplements and herbal medicine is becoming more and more popular among Australians of all ages.

In general, health food is food that is supposed to provide health effects for humans that go beyond a normal and healthy diet. This may be whole foods or organic foods but also dietary supplements. More specifically, functional food is described as food that gives an additional function - mostly related to health promotion or disease prevention - by adding specific nutrients such as vitamins or minerals. Herbal medicines are defined as one type of dietary supplements. Mostly, they are sold as tablets, capsules, powders, teas, extracts or dried plants. Just like the categories mentioned above, herbal medicine is used to maintain or improve health.

Countries in Asia Pacific are the largest consumer of functional foods worldwide. In Australia, sales of vitamin and dietary supplements increased drastically during the last years, from around 1.4 billion Australian dollars to over 2.3 billion Australian dollars. A similar pattern can be observed when it comes to sports nutrition in Australia; sales figures increased by almost 50 percent. The largest share of this category’s revenue comes from vitamins and supplements and is followed by sports nutrition and herbal products.

Results of a survey revealed that over half of the consumers avoid certain ingredients such as antibiotics or hormones in animal products, MSG, artificial preservatives, flavors, colors and sweeteners. In addition, a large share of the population avoids sugar or sodium. Generally, over half of the survey participants think that they eat a healthy diet. This might be due to the fact that more than 40 percent of Australians claimed to have added vitamins, minerals or supplements to their normal diet in the last year.

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Herbal medicine and functional foods market in Australia

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