COVID-19 brought strong China online sales for ANZ’s Comvita and AuMake
Australia and New Zealand health foods companies saw strong online sales of immune boosting supplements from the China market.
This has helped to offset a drop in their in-country sales due to a decline in the number of visiting Chinese tourists.
Mānuka honey maker Comvita said in its latest NZX market update that its online sales during the first 10 days of March in China had grown by 70%, largely driven by the sales of its immune boosting products.
Comvita’s flagship product is the Propolis and Mānuka honey, which is said to display anti-viral and immunity-boosting benefits.
