News > Why Australians can’t stop spending on health supplements

Why Australians can’t stop spending on health supplements

30/10/2023 10:37 AM | Click to read full article

With the sale of wellness giant Blackmores to Japanese drinks business Kirin, PharmaCare Laboratories now is Australia’s largest locally-owned vitamin and supplements maker. Soaring mortgage payments and inflation have radically changed how consumers shop, including how much they spend on beauty and wellness. PharmaCare Chief Executive Glenn Cochran says consumer appetite for wellness products is still more than healthy.

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