Today the Asian markets are more sophisticated when it comes to adapting western lifestyles, including the growing awareness of better health and nutrition.
Carlsbad, CA (PRWEB) April 3, 2007
Michael Lenzner, CEO and leading compounding pharmacist, announced today that Life Laboratories, Inc., has taken a major step forward into international trade with its Taiwan distribution affiliate, YD Labs, Co., Ltd. Life Laboratories is manufacturing selected liquid vitamins and supplements from its private label product line for entry into this expansive market place. YD Labs has received its first distribution order, which will put Life Laboratories products in drugstores and health food stores throughout Taiwan.
Already distributed in Singapore, and test marketed in Hong Kong, Beijing and Tokyo, Life Solutions is aggressively acquiring a foothold within these Asian markets. This move adds to Life Solutions international presence and market share.
"There is an awakening within the Asian countries to liquid nutritional vitamins," states Lenzer. "Today the Asian markets are more sophisticated when it comes to adapting western lifestyles, including the growing awareness of better health and nutrition." Lenzner continues,"For Life Laboratories, this has provided a vast opportunity for growth, because the premium liquid nutrition concept is readily accepted around the world."
Corporate projections indicate that the Asian market is on a growth track that will rapidly eclipse Life Laboratories' European market penetration by early next year. Currently, the company enjoys an export growth rate that is now passing 14% of their total annual sales. By the end of 2008, Lenzner expects their export numbers to be well over $2,000,000 per quarter.
The new short-run manufacturing facility, recently completed in Carlsbad, California, supports this market expansion, which effectively allows the company to incrementally build its distribution networks country by country.
For those interested in entering the liquid nutritional market, contact Life Laboratories, Inc., at 1-800-914-8771, or go online to http://www.lifesolutionsnp.com.