Dietary Supplements Are Always In Demand
The global dietary supplements industry is growing rapidly. According to Global Dietary Supplements Market the global dietary supplements market was valued at $96 billion in 2017, and it is expected to grow at a CAGR of 6.9 percent during the forecast period
Supplements offer the chance to improve health without much effort. Digital Commerce is growing much faster than retail recently, this is expected to boost the future growth of food supplements. Moreover, the popularity of herbal supplements is also expected to drive the market growth in the future.
Best Trending Supplement:
- Detox Tea
- Testosterone Booster
- Vaginal Tightening
- Breast Enlargement
These are just a few examples. But there’s something that binds them together. Every one of the niches listed above can be marketed through influencer marketing and Facebook ads. And, the relative cost to produce these items in large quantities is lower. Plus, the profit margins can be phenomenal.
How to Find A Reliable Private Label Manufacturer?
It’s hard to trust a new manufacturer with your hard-earned cash – especially if things are financially tight in the beginning. That’s why thoroughly vetting a private label manufacturer is so important.
Nutrixworld offers low minimum order.
if you are looking for low volume startups, this manufacturer fit your need. Nutrixworld produce various types of dietary supplements example. They also do OEM and ODM service for supplement product.
(*Remember! Don’t be a tire kickers! Manufacturers or suppliers only want to deal with serious businesses)
Moreover, there are a few ways to find supplement manufacturer on the Internet. Use Google, and type in a variety of keywords like
“Health Supplement Supplier”
“Herbal Supplement Manufacturer”
Advantages of Dealing Overseas Manufacturer
Low manufacturing costs is the most common reason many product brand owner look to Asia. Costs of manufacturing in Asia can be significantly lower than North America and Europe countries, lower product costs are great, but they aren’t the only reason Asia is an attractive place to find dietary supplement manufacturer.
Besides, Malaysia is also one of the highest quality control in food industry. There are some additional benefits as well:
Less of language barrier and communication deficiency happen in Malaysia. English is also very commonly spoken in Malaysian. Aside from English, Chinese dialects such as Mandarin, Hokkien, Cantonese, Hakka are also spoken in the country. Majority of the Malaysia citizen (60%) can speak up to 3 languages (Malay, English, Chinese). Most of the Malaysia manufacturer using commons international digital communication application. Email, WhatsApps, Facebook Messenger, WeChat, Skype etc.
Highest Halal Standards
Nowdays, most of the food in the market are certified by Jakim Halal Malaysia
JAKIM was the World’s First Halal certification body responsible for monitoring the halal industry, leading to the amendment of Malaysia’s Trade Description Act in 2011 which gives JAKIM a much stronger mandate to regulate the halal industry.
Lower Manufacturing Costs
The cost differential between manufacturing in US and manufacturing in Malaysia is significant. US manufacturers have higher overhead with steep training costs and high turnover. Goods produced abroad and imported to the United States will be cheaper if the manufacturer’s currency falls in value compared to the dollar.