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Growing Naturally: Australia’s complementary medicines industry outpaces the general economy

16 Sep 2019 12:11 PM | Anonymous member (Administrator)

16 September 2019

As the peak body for the complementary medicines industry, Complementary Medicines Australia (CMA) has been conducting annual reviews of the industry for 10 years.

CMA today publishes our 2019 industry audit, our most comprehensive to date.

 

Some of the critical highlights include:
  • The sector is now a $5.2 billion Industry

  • Growth of the Complementary Medicines industry continues to outpace growth in the general economy.

  •  Exports have grown to $1 billion

  • Australia has overtaken the USA to become the largest exporter of Nutrition and Health Food to China

  • Our export markets are now at risk with the withdrawal by the Australian Government of the ability to use the iconic ‘Australian Made’ logo

  • Most Australians (7 out of 10) have used at least one form of complementary medicine in the last year

  • A third of complementary medicines users do so to manage the symptoms of chronic disease.

Read the full report about our Australian success story here.

                                                             

For more information, contact:

Ravinder Lilly corporate marketing communications manager
E-mail:
Ravinder.lilly@cmaustralia.org.au

 

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