Why Now is a Great Time to get into Canada
May 31, 2018
The Market is Growing Fast!
Rising aging population boosted demand for products + sports nutrition products have surged in popularity among younger demographics. Industry value added is forecast to grow at an annualized rate of 4.0% over the 10-year period. An estimated 14 million Canadians —take vitamins, contributing to sales of about $370 million a year. Canada is one of the global leaders in vitamin and supplement usage.
The Regulatory Framework is Changing
Health Canada introduced the ‘Self-Care Proposal’ in September 2016- which drastically changes the current natural product regulations. In addition to changes in the application process and review there will also be a COST RECOVERY component which is not currently in place. If your company is thinking about getting into Canada and have it on your expansion growth radar, NOW is a great time to get your licenses while there are still predictable regulations and FREE submission to Health Canada.
We can help you NOW
NaturalSci Regulatory Consulting focuses on excellent customer service only working with a small number of clients at any given time.
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NaturalSci Regulatory Consulting Corp.
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