EID Sugar Business
Nutraceuticals -Today, A $230 bn Industry
Aging population, growth of digital, self-care & health-consciousness are
among the key drivers of self-care in APAC
Aging population
Key trends & drivers
$
Growth in middle class & overall disposable income
Rise of technology - mobile & digital and genetic
Increased accessibility to OTC
Increased self-care & medication
"
Potential implications
Enhance focus on elderly-related OTC product portfolio
Develop innovative methods to increase accessibility of aging population
Improve product quality & branding through targeting attractive consumer
trends, allocating resources to high-potential segments, and developing star
/ "hero" products
Leverage on digital MCM - mobile app, social media, 3rd party sites
Leverage on digital pharma retail to increase reach and enable business-to-
doorstep delivery
⚫ Strike appropriate partnership choices to drive action e.g. GSK
Optimize channel coverage with fast-growing e-commerce channels
Maintain focus on brick-and-mortar (50-70% OTC sales across APAC)
Leverage on prescription-to-OTC switch
In-store promotions & engagement with pharmacists, HCPs as they remain a
trusted source of info for OTC consumers
Increased health consciousness & awareness
Use of substantiated claims / RWI for increasingly savvy consumers
Increased preference for natural products
Growth Innovation
"
Focus marketing on product safety & efficacy
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Source: Secondary research, IQVIA MIDAS, IQVIA analysis
IQVIA CH Conclave, Sep 2018 #not to be circulated without IQVIA consent
IQVIA™
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PARRYS
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