Developments in society and global change affect how people view health as well as opportunities for doing business. In close collaboration with researchers, suppliers and distributors BioGaia acts to manage these challenges and opportunities in a way that maximizes value creation for stakeholders.
Five trends that affect BioGaia
Increased focus on preventive health and self-care
Health awareness is increasing globally and sectors such as organic food and dietary supplements are expected to continue to see strong growth. Consumers are also increasingly seeking information about preventive healthcare, on the Internet and through other channels.
New generation of consumers
Stakeholders will increasingly assess companies from a sustainability perspective. Consumers for example will want to know where the products come from and whether they have been produced in an ethical and sustainable manner.
Shift in purchasing power
The focus for global growth has changed. Several of the E7 countries (China, India, Brazil, Russia, Mexico, Indonesia and Turkey) are expected to move up the value chain.
Demographic changes As the world’s population grows and ages, demands within the healthcare sector will also increase. In the next few years the main growth in the global population will take place in Africa, Asia (excluding Japan), Latin America and the Caribbean.
As the world’s population grows and ages, demands within the healthcare sector will also increase. In the next few years the main growth in the global population will take place in Africa, Asia (excluding Japan), Latin America and the Caribbean.
Modern and mobile technology
Technological development, and an increasing number of people – above all in emerging markets – gaining access to the Internet and mobile phones is driving a development where consumers are willing and able to accept greater responsibility for their own health.
Our business model
Thanks to a successful business model, BioGaia has been able to grow globally with a lean, efficient and agile organization.
BioGaia has a strong network of distribution partners around the globe. Most of the around 80 partners are pharmaceutical or other health companies.
BioGaia's products are sold through around 80 local distribution partners in 100 countries around the world.