Exclusive Nordic market insights to be unveiled at Natural Products Scandinavia 2016
Global research firm Euromonitor International has been confirmed to host two exclusive market overviews at Natural Products Scandinavia 2016.
Taking place at MalmöMässan, in Sweden, on 16-17 November, Natural Products Scandinavia is the Nordic region’s biggest trade exhibition and conference dedicated to the natural health, beauty, eco-living, self-care, and food and drink markets.
Euromonitor International analysts David Ingemar Hedin and Dan Stratila, who both recently joined the show’s Natural Theatre line-up, will highlight the latest data and trends in the Nordic market for health and wellness foods and the Swedish vitamins and dietary supplements categories respectively. The sessions will give attending natural retailers and buyers (from across Scandinavia and beyond) new insights into untapped opportunities for growth in the region.
The show’s three-theatre seminar programme already includes other big names like entrepreneur Fraser Doherty MBE, founder of SuperJam – one of Scotland’s most iconic natural brands; Rebecca Wiegartner, head of key account management at Veganz – the first vegan supermarket chain in Europe; Marie Söderqvist, CEO of Livsmedelsföretagen (The Swedish Food Federation); naturopath and nutritionist Stephen Roigard from Skåne Health & Wellness clinic; and raw chef Viktor Ingmarsson.
Swedish VDS market set to grow 5% in 2016
According to the latest figures from Euromonitor International, the Swedish vitamins and dietary supplements market is forecast to grow steadily – at a CAGR of 5% – over the next five years.
Dan Stratila, from Euromonitor International, says the country’s “dominating health and wellness trend” has fuelled the “massive demand increase”.
He’ll be presenting the results of the latest edition of the ‘Euromonitor International and Svensk Egenvård Market Report’ at the show (including a detailed annual breakdown of Nordic sales figures of vitamins, dietary supplements and sports nutrition products) on 16 November at 3:30 pm.
“VDS are a mature market in Sweden, valued at SEK1.2 billon,” explains Stratila, “in spite of its maturity, there’s 5% growth in 2016 and an expected 5% CAGR until 2021.”
He says that the movement towards healthier, wellness-oriented lifestyles across Scandinavia has influenced personal attitudes, and, ultimately, impacted everyday spending habits.
“Shifts from environmental awareness and societal solidarity (the deterioration of the Law of Jante) to health awareness and individualism, as well as less consumption of larger luxuries (opulent vacations and cars, for example) to smaller luxuries – such as super-premium or premium local, organic, vegan, everyday products – including personal care, cosmetics, nutrition, and/or apparel – are the main drivers of current and future growth,” he says.
It’s a similar story for sports nutrition products, says Stratila, which are profiting “from the same dynamic, enhanced by being available through diverse channels”.
“Nordic consumers are already well-known for their strong commitment to self care, and these latest figures from Euromonitor International illustrate, once again, that it’s far from a passing trend,” comments Natural Products Scandinavia’s event director Anne Seeberg.
“Scandinavian countries are responsible for some of the highest expenditure rates on natural and organic products in the world. So the show is perfectly geographically positioned for Nordic buyers – who make up around 80% of our visitors – to take advantage of this continuing shift in health awareness and meet the increasing demand for more naturally healthy, clean-label products.
“As in previous years, visitors will see plenty of new ideas and innovations across the health and wellness categories being previewed at the show in November,” she says.
NOW International, Nature’s Plus, Cambridge Commodities, Nutrisan BVBA, Bulgar Herbs, Vital Body & Soul AB, Ecosh Life OU, Pharma Nature, Fitoherb, Natiris SA, and Alkaline Care, are just some of the new VDS suppliers making their debut at Natural Products Scandinavia 2016. While returning exhibitors include Engholm NDS Nutrition, New Nordic, Lime Pharma, Vitalkost, Nature Base, Baltex Natural, and Hug Your Life.
Free visitor registration now open
With visitor registration now open for 2016, Natural Products Scandinavia is expected to attract over 4,500 attendees (compared to last year’s 3,930). Exhibitor numbers are also up – by around 10% – to a record 375 suppliers (including those participating in its co-located sister show Nordic Organic Food Fair).
Top buyers already pre-registered to visit include representatives from Matas, HKC Egenvård, Life Everkost, Life, Helsekost, Dansk Supermarked, Puurly, 7-eleven Denmark, Kung Markatta, Arnold Suhr Netherlands, BC Hospitality Group, Coop Trading, Magasin du Nord, Ruohonjuuri, SuperBrugsen, Coop Denmark, Bertram Pharma, BioVita, MaxiPharma, Naturkost Übelhör, and Renée Voltaire AB.
“I have visited the show every year since its launch, and am always impressed by its mix of new and well-established exhibitors and comprehensive seminar program. I would strongly recommend it to everyone involved in the natural health segment,” says Peter Svorono, managing director of BestCase AB (founder of Nature and a former MD of Life Sweden).
Natural Products Scandinavia will return to Malmö, Sweden, on 16-17 November (new mid-week dates). For more information and to register, please visit www.naturalproductsscandinavia.com and quote priority code NPUK117 (https://registration.n200.com/survey/1trznc3o0nuxr?actioncode=NPUK117).
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Notes:
In 2014, Nordic Organic Food Fair was shortlisted for Best Tradeshow Exhibition (UK & International) under 2,000sq.m at the UK’s Association of Event Organisers’ annual Excellence Awards. It was also a finalist in the Best International Launch category at the UK’s Exhibition News Awards.
In 2013, Natural Products Scandinavia won Best International Launch at the UK’s Exhibition News Awards. It was also finalist in the Best Trade Launch Show category at the UK’s Association of Event Organisers’ annual Excellence Awards.
High resolution photographs are available upon request.
Diversified Communications UK (Diversified UK) is a fast growing trade event organiser and publisher based in Brighton, Peterborough, and Nailsworth. Diversified UK’s portfolio includes Natural Products Scandinavia and Nordic Organic Food Fair (Malmö, Sweden); Natural & Organic Products Europe (UK); Natural & Organic Awards; camexpo; Natural Products News; and Natural Beauty News. For more information, visit: www.divcom.co.uk.
Diversified UK is part of Diversified Communications, a leading international media company providing market access, education and information through global, national and regional face-to-face events, digital and print publications and television stations. Diversified serves a number of industries including: seafood, food service, natural and organic, healthcare, commercial marine, and business management. Based in Portland, Maine, USA, Diversified employs over 850 staff, across eight divisions in seven countries. For more information, visit: www.divcom.com.
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