Nutricare’s Overseas Business Outlook

 

hello. This is Nutricare.

Did you know that Nutricare is attracting attention not only in the Korean market but also overseas?
Nutricare is a Korean company that is receiving a lot of attention overseas, consistently participating in overseas exhibitions every year.

Today, I would like to explain in more detail Nutricare’s overseas business, which is expanding not only in Korea but also overseas. Nutricare’s overseas business is expanding to Southeast Asia, the United States, and Europe, and not only did it participate in the German beauty fair in March 2024, but there are also a number of overseas beauty fairs planned for this year. In fact, at the German beauty fair, many German buyers showed great interest in our beauty device brand, and we were able to achieve significant sales results.

As such, Nutricare conducts many collaborations with world-famous brands and continues to maintain close partnerships. In Asia, we are conducting business with Singapore, China, India, Taiwan, and Vietnam, and are also pursuing market diversification focusing on the European and American markets.
We are also planning to participate in several beauty fairs in Japan and Europe this year, and are working hard to promote our brand to overseas buyers. At expos, sales are mainly focused on beauty devices, and because Nutricare has solid expertise in the health functional foods, beauty devices, and cosmetics fields, this is also recognized by many overseas buyers.

In particular, in the beauty device field, we have established a separate R&D center and are not only producing mainly Korean manufactured parts, but are also responsible for everything from planning to final production, making efforts to increase product trust and quality.
In addition, in order to accelerate the development of overseas markets, we are planning to invest more than 7.9 billion won in the construction of a new plant in Hoengseong and renew the health functional food manufacturing plant.
The existing Nutricare Innovation Center has not only developed many excellent products, but has also made many meaningful achievements such as developing new raw materials and registering technology patents.

The reason why we spared no effort in investing in the Nutricare Innovation Center despite the global economic downturn and high interest rates is to lay a foundation for Nutricare to grow into a world-class technology company in the future, and based on this, we will aggressively pursue overseas sales in the future. And we want to promote Korea’s outstanding technological prowess.

 

 

It can be said that Nutricare stands out in exports rather than domestic sales.
Just looking at the fact that it received the ‘Top of $10 Million Exports’ in 2017 and the ‘Top of $20 Million Exports’ in 2020, it can be said that it is operating based on focused exports.
We are also preparing to expand our export routes to more diverse countries in the future, and we always welcome collaboration with overseas companies.

If you are considering collaborating with Nutricare, please contact us at any time.