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Amway Reports $8.9 Billion in 2021 Sales 

BY DSN Staff Writer | April 20, 2022 | read / Daily News / Financial

Amway’s sales in 2021 increased by 4%, marking the second consecutive year of growth, reaching $8.9 billion. This sales increase was especially present in several key markets, including Malaysia, South Korea and Mainland China.  

“Everything we accomplished in 2021 was because of the dedication, passion and agility of Amway employees and Amway Business Owners across the world,” said Amway Chief Executive Officer Milind Pant. “Amway is powered by people, an incredibly diverse group bound together by our common desire to help people live better, healthier lives.” 

The company’s dietary supplement and vitamin product, Nutrilite, accounted for more than half of the company’s overall sales. Amway is also heavily investing in the energy drink market, with the opening of its XS Experience Center and the redesign of its manufacturing operations within its 60,000-squarefoot XS Energy Plant, which produces 500 cans of XS Energy drinks every minute. 

“Amway is one of the most powerful ideas in the world,” Pant said. “It’s a timeless idea that combines an inclusive entrepreneurship opportunity; freedom for people to set their own path and goals; with rewards that meaningfully improve people’s economic situation and health and wellness. Over the past few years, we have all experienced immense change, but true to what drove Amway’s founders back in 1959, our why remains the same: we do what we do every day to help people live better, healthier lives, and that’s more relevant today than ever before.”  

Posted in Daily News, Financial and tagged Amway, Milind Pant.
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