Australian Natural Healthcare and Wellbeing Snapshot

The domestic Australian complementary medicine industry is robust and significant . Market research shows that the popularity of complementary medicines is increasing with a growth rate of seven per cent year on year. Three-quarters of Australians, including 92 per cent of women aged 20-24; take at least one complementary medicine and a quarter of the population visit complementary healthcare practitioners each year. In Australia, the fastest growth areas are nutritional oils, men’s health and eye health. Products are manufactured to some of the highest standards in the world based on GMP validation and stringent therapeutic regulations. These standards are maintained by the Therapeutic Goods Administration (TGA) through a transparent approval process, strict manufacturing compliance guidelines and effective post-market monitoring. The TGA register also supports the complementary medicine industry with evidence-based research, monitoring and safety data. These elements combine to allow Australian manufacturers to supply world-class products at globally competitive prices.   Source: Austrade snapshot

 

Quote for the month:

“Stay away from negative people; they have a problem for every solution”   Albert Einstein

RFA Breaking News

Complementary Medicines (“Dietary supplements”):

    TGA Provides Technical Guidance on GMP Compliance for Listed Complementary Medicines Recent TGA news releases have highlighted some of the important responsibilities mandated for both sponsors and manufacturers…

Readmore..

Foods:

  The Six Need-To-Know Regulatory Developments Set to Shape APAC’s Food and Beverage Industry in 2019 From sugar taxes to plastic waste bans, here are six regulation and policy updates…

Readmore..

Cosmetics and TGA Listed Sunscreens:

    Industrial Chemicals Reforms: Update on Implementation The current regulatory scheme for industrial chemicals (NICNAS) will continue until the Australian Industrial Chemicals Introduction Scheme (AICIS) commences. The passage of…

Readmore..

Marketing News:

  Australian Natural Healthcare and Wellbeing Snapshot The domestic Australian complementary medicine industry is robust and significant . Market research shows that the popularity of complementary medicines is increasing with…

Readmore..

Complementary Medicines (“Dietary supplements”):

    Listed Medicine Compliance Rating Scheme Has Begun The TGA’s Listed Medicine Compliance Rating Scheme commenced on 28 November 2018 as part of its existing compliance review process. As…

Readmore..

Cosmetics and household cleaning products:

  Australian Ministers Confirm Phase-out of Microbeads in Cosmetics The Meeting of State Environment Ministers (MEM) recently took place and as part of an overall action plan on waste management…

Readmore..

Go to top