Why it matters:
- The market for longevity-geared products and services that seek to keep us healthy as we age, like longevity centers and clinical beauty brands, is one of the fastest growing parts of the $5.6 billion global wellness economy, according to the Global Wellness Institute.
- U.S. sales of skincare brands backed by dermatologists, pharmacists, and scientists are outselling legacy brands in the prestige skincare category, as savvy consumers place a premium on the expertise of health care professionals.
- Against that backdrop, pharmacist-founded startup Auro Wellness has built a $4 million–plus business in four years. The brand’s skincare and supplements, whose hero ingredient is the antioxidant glutathione,
have gained a consumer following via licensed health care professionals and as testimonials on the products from biohackers—a rising breed of wellness influencers—have gone viral.
It was at the Grammy Awards this year that Dr. Nayan Patel realized how, unlike its buzzy antioxidant cousin vitamin C, glutathione, the hero ingredient in his Auro Wellness products from skincare to supplements, is virtually unknown by everyday consumers.
Celebrities
are no exception. Patel, Founder and CEO of the startup and a
board-certified pharmacist, told CO— that in his one-on-one
meetings with about 100 music execs and artists, he found that most
had never heard of the reported immunity boosting antioxidant
or Auro Wellness’ glutathione-based
creams and serums tucked in their Grammy swag bags.
Low
brand awareness notwithstanding, Auro Wellness has managed to build a
$4 million–plus business in four years via distribution in the
offices of licensed health care providers from MDs to dentists, as
well as independent pharmacists. Since its 2020 launch, Auro’s
sales have doubled every year.
But
it’s the viral testimonials of biohackers,
a rising breed of influencers that chase premium health outcomes via
diet, lifestyle, and tech, who the Global Wellness Institute dubs “the new pioneers of wellness,”
that proved to be word of mouth on steroids for the brand.
“These
so-called biohackers like Gary Brecka, Nat Niddam, and Ben Greenfield, who are in the
space of helping themselves by getting in a healthier state, started
talking about their self-journey with these products,” Patel said.
By sharing their success stories on podcasts and social media,
“[they] triggered a whole tsunami of consumers wanting to try these
products,” Patel said.
U.S. sales of clinical skincare brands backed by medical professionals like dermatologists, pharmacists, and scientists are outpacing legacy brands in the prestige skincare category, according to Circana research.
Tapping into the longevity movement: ‘The idea today is, how can
I stay disease-free?’
That
tsunami of interest in glutathione, which the National Institute of Health dubs “the mother of all antioxidants,”
reflects growing consumer education on its reported disease-fighting
properties and potential benefits, such as increased energy and
improved skin texture, Patel said. He’s not wrong about consumer
awareness ticking upwards: Globally, products that mention the
antioxidant, which is naturally produced in the body, have surged
86.7% from 2019 to 2023, according to business intelligence firm
Mintel.
It
also comes as consumers’ pursuit of longevity heats up the $5.6 trillion global wellness economy.
The
surging market for longevity-geared products and services—from
longevity centers to the
food-as-medicine trend to the
boom in clinical skincare brands—marks
the quest to extend one’s health span, the years
spent in good health, which holds heightened appeal in a
wellness-obsessed post-pandemic landscape.
“Longevity comes into play when you’re disease-free,” Patel
said. “The idea today is, how can I stay disease-free?”
The
longevity trend finds the medical and wellness worlds “working side
by side to bring more solutions to people attempting to eat better,
move smarter, and tap into the latest testing, interventions, and
technology,” according to the Global Wellness Institute’s
2024 Wellness Trends report.
Technology
plays an integral role in Auro Wellness’ brand story. For one, its
signature product, the supplement Glutaryl,
a topical spray, leverages patented technology that was 20 years in
the making in order to optimize the antioxidant’s absorption into
the skin, Patel said.
That Auro Wellness’ hero product is a supplement is in keeping with
the growing trend of consumers seeking out vitamins, minerals, and
supplement products that offer both beauty and health benefits, Clare
Hennigan, Senior Beauty Analyst at Mintel, told CO—. Indeed,
“53% of U.S. beauty consumers have consumed a regular vitamin,
mineral, or supplement to enhance their appearance,” Hennigan said,
citing Mintel research.
[Read
more: Emotional Rescue: (Unexpected) Brands Are Building Wellness Into Marketing Plans]
The clinical edge: ‘Consumers are gravitating to these brands
because of the expertise and validation that they get from health
care professionals’
Auro Wellness controls the manufacturing and production of its
supplements and skincare products, from the Reset + Repair Overnight
Regenerative Crème to the Antioxidant Revitalizing Serum. All its
profits now go towards funding research, which is the lifeblood of
the business, Patel said.
“We have a lot of inquiries from angel investors to take [the company] national, but we want to control the money that comes in to fund the research,” he said. “We want to fund so much research, so [consumers] can feel good that they’re buying something that is research-backed.”
As a pharmacist-founded startup,
Auro Wellness reflects a post-pandemic shift among beauty consumers,
many of whom are now on a path to holistic health and are seeking out
clinical brands to help get them there, Larissa Jensen, Senior Vice President and Global Beauty Industry Advisor for market research firm Circana,
told CO—.
In turn, U.S. sales of clinical skincare brands backed by medical
professionals like dermatologists, pharmacists, and scientists are
outpacing legacy brands in the prestige skincare category, according
to Circana research. Consumers—savvier
than ever from the deluge of digital data available on the efficacy
of products and services—“are gravitating to these brands because
of the expertise and validation that they get from health care
professionals,” Jensen said.
And now there’s something else at play. Beauty products have long
served to “cover my imperfections and appealed to a particular
aspiration to meet a certain beauty ideal,” Jensen said. But as
personal health and wellness moves center stage, “consumers are
looking to skincare as a way to make them feel good,” she said.
Indeed, 39% of U.S. women are devoting time to skincare as part of
their overall wellness routine, she said, citing Circana research.
“If you’re going to live a long time, you have to take care of
your largest organ.”
[Read
more: The Business Opportunities (and Challenges) Weight-Loss Drugs Hold For Food, Fitness, and Fashion Brands]
Aiming for the toothpaste aisle at retail and ‘every toiletry bag’
Patel sees Auro Wellness’ growth in the preventative health space, eyeing nationwide retail placement for items like its signature antioxidant spray, for one, at specialty chains such as Whole Foods.
Patel also envisions the products as daily essentials tucked into
“every toiletry bag,” he said. “Why can’t this be like
brushing your teeth every day?”
But
patient education must come first, Patel said. That’s why over the
next two to three years, Auro Wellness is pursuing a disciplined
growth strategy, reserving distribution to its own e-commerce site;
the offices of licensed health care providers, more than 1,000 of
which already offer Auro products; and independent pharmacies—platforms where experts can impart product knowledge. “I don’t
want [consumers] to get disinformation from lay people,” he said.
“It’s a grassroots effort now,” but as consumer awareness of glutathione mounts, much like vitamin C and D gained exposure before it, Auro Wellness sees a huge runway for growth, Patel said. People are craving the gift of health, he said. And “beauty is from the inside out.”
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